Traders

China to make room for FX futures and options

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China’s financial futures exchange announced that they are looking to expand derivatives trading to meet objectives of Shanghai becoming a commercial hub by 2020. The Chinese Yuan has trade limitations and new FX futures will pave the way for better trading …
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Currensee raises $2 million more and almost $19 million in total

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This one almost went unnoticed but eventually Mass High Tech revealed a new SEC filing by Currensee. Despite raising $4 million less than a year ago Currensee raised $2 million more to complete its C round. This brings the total funding in …
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China’s forex volumes quadruple since 2006, reach $14.2 trillion in 2011

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If anyone needed further data why Chinese market is by far the next big thing in forex then State Administration of Foreign Exchange (SAFE) is releasing the following information: China’s foreign exchange market saw its transaction volume hit 14.2 trillion U.S. dollars …
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Bull or Bear 2012? – Traders Expo NYC 19 – 22 Feb 2012

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New Yorkers were pleased with the giants scorecard in the superbowl and are hopeful this positivity can flow into their trading for 2012. The NYC traders expo, the much anticipated event for traders around New York will be taking place …
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UK Forex volumes down

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The average daily turnover in UK foreign exchange markets fell in the six months to October, driven by a drop in FX swaps and options activity, according to a  Bank of England survey. The survey revealed that average daily turnover …
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Media Forex Websites Traffic Survey: Q4 2011

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As every quarter part of the Forex Magnates Quarterly Report is the survey of top forex media websites for Q4 2011. More detailed information is found inside the report. Media forex traffic growth trend experienced in Q3 2011 continued well …
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Retail Bond Trading – the next big financial market?

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Two new websites focused on Bonds, Annuities, & Fixed Income investing have been recently launched. The entrepreneur behind this ambitious project is an experienced financial executive – Marc Prosser. Marc has been FXCM’s Chief Marketing Officer since its inception during which FXCM propelled into …
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eToro launches GuruFinder – allows enhanced performance search

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eToro right now is launching its new GuruFinder which is basically an enhanced searching and performance measuring capability for its OpenBook trade-copying forex social network. eToro’s OpenBook allows easy and quick trade-following where traders can monitor and eventually follow successful …
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Canada’s FX volumes slump in October 2011

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The summer volatility helped boost trade volumes however Canada’s Foreign Exchange Committee announced shocking results for the world’s tenth largest economies FX trade volumes. Total average daily turnover in traditional foreign-exchange products in Canada dropped by 14.4% to $52.4 billion in …
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FXstreet to manage advertising of FX Bootcamp

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It’s interesting to see FXstreet exercising horizontal expansion by capturing small-medium forex websites looking for someone to manage their advertising inventories. FXstreet started this by partnering with myfxbook and then forexcrunch and fxtimes - these three sites generate almost 5 million monthly pageviews. …
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