Month: February 2012

EC Rejects Deutsche Boerse/NYSE Merger

The European Commission last week blocked the planned $10 billion merger of Deutsche Boerse and NYSE Euronext, stating that the deal would have created a near-monopoly over the market. The proposal to create the world’s largest combined market for trading stocks and derivatives was rejected because the merged firms would have controlled over 90% of […]

Gold-i Turns MetaTrader into Multi-Asset Trading Platform

Gold-i, a UK-based provider of trading system integration technology is transforming the widely used MetaTrader platform for FX into a multi-asset trading platform.  The company’s Gold-i Gate Bridge service has been developed to enable FX, futures, equities, contracts-for-difference and indices to be added to MetaQuotes Software Corp.’s MetaTrader 4 and MetaTrader 5 platforms, providing users […]

And Finally…

Nothing indicates the changing nature of the FX market than the apparent impact of FX intervention. Whereas in the 1980s and early 1990s, central banks would enter the market and (generally) provide a sharp shock to the system resulting in chaotic markets, it seems nowadays that the impact is to dampen volatility. I mention this […]

Tech Corner

Trading technology company QuantHouse has launched a Hotspot FX feed handler, providing algorithmic trading firms with sub-millisecond access to the FX ECN. The Hotspot FX feed handler allows QuantHouse clients to use ultra-low latency technologies to access Hotspot FX’s program trading applications. FlexTrade Systems has become an approved independent software vendor with the Dubai Gold […]

Traders on Yen Intervention Watch

Some excitement was generated in the market on Wednesday as the dollar fell to its lowest in three months against the yen, keeping traders on alert for a Japanese intervention to stem the yen’s rise and causing commentators to look at reasons behind the growth. The dollar fell to 76.06 yen on trading platform EBS […]

And Another Thing…

Is the US Treasury re-thinking the forex exemption? There was quite a buzz on Monday when a website reported “comments” from Neal Wolin, a deputy secretary at the Treasury Department, that the discussion over a forex exemption was continuing. Wolin also apparently said that he thought FX swaps and forwards will “most likely go onto […]