Month: May 2006

BOT Permits More Institutional Investors Offshore

The Bank of Thailand (BOT), the country’s central bank, has officially announced a relaxation of rules covering Thai institutional investors investing in offshore markets. Rules were relaxed in 2003 and 2005 but BOT says further liberalisation will now include investors being permitted to invest up to $2 billion in foreign securities. The securities can include […]

Tradertools Adds Online Chat to FX Platform

Tradertools, a supplier of FX white-label software products, has introduced online chat and auditing capabilities to its e-FX trading platform. It has integrated instant messenger system Live Assistant from Jive Software with Facetime’s Imauditor for security and compliance on its platform. Mark Mayerfeld, executive vice president, international sales at Tradertools, says “Our goal is to […]

Korean FX Volumes Rise to Record Highs

Average daily FX volumes reached a record $10 billion in Korea’s interbank market in the first quarter 2006, up 23% from a year ago, according to data from the Bank of Korea. (BOK) Spot deals accounted for $5.8 billion, forwards for just $0.3 billion, FX swaps for $2.5 billion and ‘other’ for $1.4 billion. BOK […]

ACI UK Plans Year Ahead

ACI UK, a member of ACI – The Financial Markets Association, held its Treasurers Briefing in London last week to discuss its activities and achievements over the past year and highlight events for the year ahead. ACI is the trade body that represents the interests of traders and brokers in the wholesale financial markets. Besides […]

Assessing the Strength of Your Hedge Fund

New research funded by the Foundation for Managed Derivatives Research (FMDR) has been released, aimed atproviding investors with vital tools for evaluating the potential longevity, or possible liquidation, of hedge funds. FMDR is a foundation established by Managed Funds Association (MFA) in 1994 to support scholarly research on the use of derivative instruments. The latest […]

New Prize Up for Grabs on EBS/Laureus Foundation

A new auction item has been posted on the bidthedream website established by theLaureus Foundation and EBS aimed at raising funds for the former’s charity work with children the world over. The new item offers the winner the chance to ride Hawaii’s waves with the legendary Robby Naish on Kailua Beach and the chance to […]