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CFTC Nabs $2.5M Victory Over Currency Trading Scheme - Law360

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CFTC Nabs $2.5M Victory Over Currency Trading Scheme - Law360 CFTC Nabs $2.5M Victory Over Currency Trading Scheme - Law360 Posted: 30 Oct 2019 02:02 PM PDT Law360 (October 30, 2019, 5:02 PM EDT) -- A Florida company must pay nearly $2.5 million for lying to investors about its foreign currency trading activities and for misusing funds, the U.S. Commodity Futures Trading Commission announced Wednesday. Allied Markets LLC is on the hook for over $1.2 million in restitution and $1.2 million in civil penalties after a Florida federal court found the company violated trading laws, the CFTC said. It's also barred from all commodity-related activities in the future, the announcement said. The company's principals, Joshua Gilliland and Chawalit Wongkhiao, were banned in March from further commodity-related activities, court documents show. The pair pled guilty in a... Citi Scales Back Its Participation on Multi-Bank FX Platforms -...

Choice of Right Tools To Practice Forex Trading - iTech Post

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Choice of Right Tools To Practice Forex Trading - iTech Post Choice of Right Tools To Practice Forex Trading - iTech Post Posted: 23 Oct 2019 10:28 AM PDT Tech (Photo : Choice of Right Tools To Practice Forex Trading) Simply put, Forex trade is the exchange of national currencies between two entities at an agreed, fixed rate. The entities can be individuals, companies or central banks, and the rate is always dynamic-it keeps fluctuating all the time.  The practical purpose of Forex, or foreign trade, is to buy and sell products across the world, but that is only the only purpose it serves. There is a huge potential of profit-making in currency conversion: the pace at which a particular currency fluctuates, depends upon the trade made in that currency, in the market can make it extremely volatile. And, this volatility is bliss for traders. They can earn a huge amount of profit, or can risk losing even greater. But, it is not al...

Citi Scales Back Its Participation on Multi-Bank FX Platforms - Finance Magnates

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Citi Scales Back Its Participation on Multi-Bank FX Platforms - Finance Magnates Citi Scales Back Its Participation on Multi-Bank FX Platforms - Finance Magnates Posted: 30 Oct 2019 10:36 AM PDT Citigroup is suddenly reducing its global ambitions as a major FX trading powerhouse, cutting the number of third-party platforms it gives currency quotes to 15 from 45 by the first quarter of 2020. The Financial Times today reported, citing people with knowledge of the matter, the Wall Street bank expects the scale back to save $5 million to $10 million in costs a year.  Citi has sent surveys to all forex platforms, which allows currency traders to pick and choose which banks they trade currencies with, asking them to identify their products, the fees, as well as other metrics. London Summit 2019 Launches the Latest Era in FX and Fintech – Join Now Multi-bank, multi-user platforms have revolutionized foreign exchange trading over the pas...

Forex - Dollar Falls after Fed Rate Cut, APEC Summit Cancellation - Investing.com

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Forex - Dollar Falls after Fed Rate Cut, APEC Summit Cancellation - Investing.com Forex - Dollar Falls after Fed Rate Cut, APEC Summit Cancellation - Investing.com Forex - U.S. Dollar Slips After Fed Policy Decision - Investing.com Forex - Dollar Treads Water Ahead of Expected Fed Rate Cut - Investing.com Should you Consider Forex as your Next Investment - ChartAttack Forex - Dollar Falls after Fed Rate Cut, APEC Summit Cancellation - Investing.com Posted: 31 Oct 2019 01:55 AM PDT © Reuters. Investing.com - The dollar fell against a currency basket on Thursday after the third Federal Reserve rate cut this year, as investors took indications of a potential pause in the easing cycle with a pinch of salt. In lowering its key overnight lending rate by a quarter of a percentage point to a target range of between 1.50% and 1.75% the U.S. central bank dropped a previous reference in its policy statement that it ...

A Beginners Guide to Open an Olymp Trade Account - Times Square Chronicles

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A Beginners Guide to Open an Olymp Trade Account - Times Square Chronicles A Beginners Guide to Open an Olymp Trade Account - Times Square Chronicles Posted: 29 Oct 2019 08:08 PM PDT A Beginners Guide to Open an Olymp Trade Account A trading account can earn you this much benefit if you know how-to –  that you'll even want to retire early. But as you've probably heard, this is not what you'd call a piece of cake. So I'm going to start by giving you the most common advice that all beginners get, to make time to learn all the processes. But as technologies have advanced, getting the hang of trading has become easier and faster. There are trading websites that have made trading stress and hassle-free for novice traders. Olymptrade is one such website that is very friendly to novice traders. It provides instant access to invest regardless of any time and place, which is a fresh feature useful to a beginner. On ...

Post-Fed USD Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/JPY - DailyFX

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Post-Fed USD Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/JPY - DailyFX Post-Fed USD Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/JPY - DailyFX 3 Triangle Patterns Every Forex Trader Should Know - DailyFX Here is a composite chart on how the stock market has performed on Powell's 13 FOMC days - ForexLive Bitcoin spikes higher... - ForexLive Canadian Dollar Price Outlook: BoC Holds, USD/CAD Rallies - DailyFX Post-Fed USD Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/JPY - DailyFX Posted: 30 Oct 2019 12:33 PM PDT Post-Fed USD Talking Points: Fed Cuts – USD Rips to Resistance, then Dips Today brought the FOMC's October rate decision and a cut had been long expected at this meeting, likely explaining the meager initial move that showed after the statement dropped at 2pm. The Federal Reserve cut rates by 25 basis points, marking the third such move over the past three...