Posts Tagged ‘trading’

FX Trading Volumes Over $5 Trillion in June

by Forex Rooton July 9, 2014 7:16 pm BST
Average daily volumes in the global foreign exchange market surged by over $500 billion in June, data from FX settlement system CLS showed, suggesting a bounce-back for the world’s largest and most liquid market. The number of transactions through the system, which is used almost universally by the banking industry to process or settle trades, […]

Are Stop Hunts A Real Occurrence?

by Christopher Lemieuxon May 31, 2014 5:24 am BST
Have you ever seen a move on a position that seemed to come out of nowhere? Likely, the move was just enough to take out your stop-loss order and kick you out of the trade. It, then, seemingly reverts back to its original directional movement. You then ask yourself “did the market just single my […]

The London Gold Fixing Fixed: Barclays Fined £26M for Gold Manipulation After LIBOR Scandal

by Christopher Lemieuxon May 23, 2014 12:11 pm BST
The London gold fixing is a pricing ritual that dates back over a century, but regulators are probing the practice to gain further understanding on how the fixing is conducted and whether manipulation was present. The Financial Conduct Authority (FCA) has been visiting each participating member bank in order to evaluate practices. Barclays, one of […]

Gold Trading Within Triangle Ahead of FOMC Minutes

by Christopher Lemieuxon May 20, 2014 5:44 am BST
Large speculators and hedge funds have become the most bearish on gold in the last month. Net-long positions in gold fell 8.3 percent to 94,329 futures and options contracts as of May 13, according to the commitment of traders data provided by the Commodity Futures Trading Commission (CFTC).  Net-shorts were boosted ten percent to 31,283 […]