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Forex Trading News - Page 3

Citi Merges Two Forex Units Amid Major Restructuring

Citi Merges Two Forex Units Amid Major Restructuring

US-based banking giant Citigroup intends to merge two of its key units in sales and trading, according to an internal memo seen by Business Insider. The company is combining its foreign exchange and local markets business with G10 currencies unit into a single department. Both the sales and trading ... Read more.

Forex Industry Needs More Automation, SWIFT Report Says

Forex Industry Needs More Automation, SWIFT Report Says

The Society for Worldwide Interbank Financial Telecommunication, better known as SWIFT, released a report on Wednesday, encouraging the players of the... Read more.

CLS Group, Saxo Bank Saw Weak FX Trading Volumes in May

CLS Group, Saxo Bank Saw Weak FX Trading Volumes in May

On Monday, Danish Saxo Bank and US-based CLS Group reported weak Forex trading volumes in May, which slightly contradicts the general trend. Other bro... Read more.

Standard Chartered to Create FX e-Trading Engine in Singapore

Standard Chartered to Create FX e-Trading Engine in Singapore

London-based bank Standard Chartered intends to develop a Forex electronic trading and pricing engine in Singapore, a project that is also supported b... Read more.

FX & CFD Broker FXCM UK Records £5M Loss in 2018

FX & CFD Broker FXCM UK Records £5M Loss in 2018

Forex and contracts-for-difference (CFD) broker Forex Capital Markets Limited (FXCM) lost more than 5 million pounds last year in the UK alone, accord... Read more.

FX Settler CLS Group Appoints New CEO

FX Settler CLS Group Appoints New CEO

US-based CLS Group, a company that offers risk mitigation and settlement services for Forex dealers and firms, announced on Wednesday that it had name... Read more.

Dukascopy Performed Poorly in 2018

Dukascopy Performed Poorly in 2018

Swiss-based retail Forex broker Dukascopy published its financial results for 2018. According to the report, the company recorded lower revenue as it ... Read more.

Cboe Worst FX Monthly ADV in 2 Years

Cboe Worst FX Monthly ADV in 2 Years

Chicago-based Cboe, which operates the largest options exchange in the US, reported that April had seen the lowest monthly average daily volume (ADV) ... Read more.

Singapore Banks Note an Increase in Forex Trading Volumes

Singapore Banks Note an Increase in Forex Trading Volumes

During the recent years, banks operating in Singapore noted increasing foreign exchange (Forex) trading volumes, which were mainly driven by strong ec... Read more.

SGX Buys Stake in FX Trading Platform BidFX

SGX Buys Stake in FX Trading Platform BidFX

Singapore Exchange (SGX), an investment holding company and multi-asset bourse, purchased a 20% stake in BidFX, a London-based Forex trading platform ... Read more.

FXTM Obtains License in Mauritius

FXTM Obtains License in Mauritius

Retail Forex broker ForexTime Limited (FXTM), which also provides trading services related to contracts for differences (CFDs), announced last week th... Read more.

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Jacob Bailey
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Emily Lanham
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Charles Adomako
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Sundar Kapadia
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