Uncertainty over US Fed moves and a potential rate hike is currently the main focus among Dubai FX executives at macro level along with oil price trends, it emerged from a Bloomberg survey of industry representatives.
“The uncertainty about Fed ...
Cloud-based eFX trading technology provider TradAir has cut “issue diagnostic” times by around 90% thanks to the implementation of open source monitoring and diagnostic tools, the company says.
The tools combine open source projects Logstash and Kibana, with data visualisation tools ...
Non-bank market maker XTX Markets has appointed regulatory
reporting specialist Abide Financial to manage its compliance obligations for
multi-asset, multi-regime transactions reporting. Abide says it will assist XTX
in complying with reporting rules established under European Market Infrastructure Regulation (EMIR), ...
US and China have jointly issued a set of new commitments aimed at developing
renminbi (RMB) trading and clearing in the US, while simultaneously improving
access by US institutional investors to Chinese capital markets.
the latest China-US Strategic ...
The European Central Bank has just
published its latest euro convergence report. It says that many countries are
“making considerable progress towards participating in Economic and Monetary
Union (EMU),” but adds: “The seven countries under review comply with most of
According to Swift, usage of RMB has picked
up in India, as its RMB Tracker shows that the renminbi is the fourth most
active currency for payments between India and China/Hong Kong by value.
However, India still shows one ...
Saxo has announced it signed another white
label deal in China, this time with Lufax, or as it is more formally known, the
Shanghai Lujiazui International Financial Asset Exchange. Incorporated in
Shanghai with the support of Shanghai’s Municipal Government, ...
firm Fin-Ex has bought Roubini Global Economics’ (RGE) core subscription
business, which will be merged with its existing 4Cast business to create 4Cast-RGE.
Dr Nouriel Roubini,
chairman and co-founder of RGE, says, “RGE was founded with the clear ...
Gain’s institutional arm, GTX, says it has hired David ‘Doc’
O’Connor and Jean Darsses as senior sales executives for its registered swap
dealer (Sef). This provides agency execution services in spot, forwards,
non-deliverable forwards, swaps, options in major ...
For several years now, it has only taken
the most cursory of looks at any broking or trading firm’s results to
understand which way the market is going. The release of Icap’s full year
results to the end ...