‘TrueFX’ – New Data Streaming Portal Launched By Integral
Foreign exchange traders across the world have faced a lot of setbacks lately. Regulatory bodies are cracking down on the FX industry by imposing stringent regulations and a number of investors are walking away because it isn’t easy being a
Read MoreGerman FX Industry Goes Through Massive Change Due To ESMA
Germany is an economic powerhouse in the European Union and one of the largest foreign exchange (forex) markets in Europe. Brokers and traders do brisk business in Germany and retail and institutional investors have had a lot of liberty with
Read MoreBithumb Expands Trading Globally With Multiple Fiat Currencies
Bithumb is one of South Korea’s biggest crypto exchanges. It has captured a large part of the local market but it Bithumb’s ambitions are not just aimed at the Korean market. The exchange has revealed that it is ready to
Read MoreForex Operators Show Interest In Lucrative MENA Region
The Middle East and North Africa (MENA) region is quickly becoming a hot spot for the forex market. In the past, local instability and the low oil prices have slowed down their development. However, the market is showing steady growth
Read MoreAustralian Brokers Fighting Back Against ASIC Demands
The Australian Securities and Investments Commission (ASIC) recently received increased product intervention powers. The financial watchdog wasted no time in putting out a request for detailed information that current brokers in the Australian marketplace had to supply. However, this request
Read MoreIMF Slashes Global Growth Outlook On Policy Uncertainty, Trade Tensions
On Tuesday, the International Monetary Fund trimmed this year’s global economic growth prediction by mentioning commercial conflicts, weaker business confidence, stricter financial situation and greater policy unpredictability. The Washington based institution slashed this year’s growth estimate to 3.3% in its
Read MoreASIC To Decide Which FIN Products Can Be Offered In Australia
Change is coming to the financial regulatory environment in Australia. This is thanks to the new bill that just passed and now only requires formal approval to become a law. The Design and Distribution Obligations and Product Intervention Powers Bill
Read MoreUS Service Sector Growth Slackens More Than Anticipated In March
According to a report published by the Institute for Supply Management on Wednesday, services sector growth rate in the US decelerated in March after a substantial run up in the earlier month. After leaping to 59.7 in February, the ISM
Read MoreRussian Forex Association Cracks Down On Illegal FX Brokers
Forex trading is a massive business that takes place across the world. Like any other industry, the forex industry has received flak mainly because there are a few bad actors in every country who cheat and con traders. The Russian
Read MoreECB’s Draghi – ‘Serious Slump’ Not Expected Despite Weaker Growth
President of the European Central Bank Mario Draghi said Wednesday that the bank’s monetary policy position is still adaptable to the euro area’s weaker growth outlook and that its external demand weakness is doubtful to be painful. While giving a
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