Apr 262018
 
Forex: J$125.73 to one US dollar

KINGSTON, Jamaica — The US dollar on Wednesday, April 25, ended trading at J$125.73 up by 37 cents according to the Bank of Jamaica's daily foreign exchange trading summary. Meanwhile, the Canadian dollar ended trading at J$97.54 down from J$101.34 while the British pound sterling ended …
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Hong Kong brokerages rush to comply with new SFC rules on cyber risks

In order to enforce preventive measures against hackers, 2FA token generated by Google Authenticator app installed on one's smartphone (i.e., “what you have” factor) is required when logging in to the broker's FX trading platform. Other Hong Kong-focused brokers like Rakuten Securities have also …
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Dollar dips as markets assess Syria risk, losses limited

The U.S. currency was 0.1 percent lower at 107.245 yen after a brief rise to 107.610. It was within reach of a near two-month high of 107.780 yen set on Friday. Although the yen usually draws demand in times of political tension and market turmoil due to its perceived safe-haven status, the dollar's losses …
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Tennis lessons, limited resources, no coverage from Barclays: ex-FX trader faces dull reality

As the start of the trial of former Forex traders Richard Usher, Rohan Ramchandani, and Christopher Ashton, also known as the FX Cartel or FX Mafia, approaches, reality becomes duller for them. Earlier this month, Judge Richard Berman of the New York Southern District Court has decided to publish a …
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