Tag Archives: Gold
In 2005, the Dubai Multi Commodities Center entered into a joint venture initiative with an Indian company named Financial Technologies Ltd. and the Multi Commodity Exchange of India Ltd. (MCX) to create the Dubai Gold and Commodities Exchange (DGCX). It …
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Following the yellow brick road of regulatory measures is now a standard operating procedure for financial services firms: in recent years government bodies and regulators are on course to standardize leverage and capital adequacy in leveraged FX and CFD transactions. …
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With gold prices plummeting $250 from Friday to a low of $1316 on Monday, and bouncing briefly back above $1400 yesterday, trading volumes have exploded for both OTC and exchange traded offerings. The sharp drop below $1500, at what was …
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(updated) ABN Amro Halts Physical Gold Delivery – Another Sign All Trading is Simply For Pieces of Paper
4
2013
(updated with response from ABN below) In a letter to clients, Dutch bank ABN Amro has told clients that they will no longer be providing physical delivery of precious metals including Gold, Silver, Platinum, and Palladium. ABN blames the change …
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Kicking off our monthly regional update column is a look at South East Asia. Having co-hosted the IFXEXPO in Macau, Forex Magnates witnessed attendees showing high levels of optimism in regards to the prospects of forex and trading in South …
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The Dubai Gold and Commodites Exchange (DGCX) has produced record results for January 2013, with volumes totaling over 1.1 million contracts, valued at $ 43.55 billion. Indian Rupee futures also recorded the highest ever monthly volume of 982,358 contracts, and …
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Sucden Financial now provides Index and Commodity CFDs through its API, strengthening the organisation’s offering to retail brokers who have their own execution systems. Through Sucden Financial, clients seeking competitive liquidity into trading platforms such as MetaTrader now have the …
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Exclusive: Sucden Financial has introduced a new specialist spot gold feed to facilitate institutional clients who are looking to trade or hedge large sizes. This will be offered in conjunction with the tight top-of-book price feed currently offered to retail …
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Hedge funds reduced their exposure in commodity markets for the week ended 3oth October as uncertainty in the presidential elections and hurricane Sandy kept markets thin. Data reported to the US Commodity Futures Trading Commission (CFTC) showed a 11% drop …
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CME Clearing Europe, the London-based clearing house wholly-owned by CME Group, the world’s leading and most diverse derivatives marketplace, today announced it has extended the range of eligible collateral types to include gold bullion. The extension offers additional flexibility at …
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