Banks speed up shift to forex automation Banks including Barclays and UBS are accelerating a shift towards automation in foreign exchange and rates trading as they move to slash costs and reduce the risk of further price manipulation scandals. Senior bankers are aiming to minimise human intervention because traditional trading over the phone has come under an intense regulatory spotlight. Authorities around the globe are investigating ...
10 Weekend Reads Good Saturday morning, here are some longer form reads for your weekend reading pleasure: Bubble, Bubble, Toil and Trouble: The Costs and Benefits of Market Timing (Musings on Markets) The Zen of Gen X: How We Went From Jaded to Sated (The Weeklings) Only Apple (Daring Fireball) see also Tim Cook, Making Apple His Own (NY Times) The House of Mondavi: How an American Wine Empire Was Born (LongReads) A Rare Peek Inside Amazons ...
A 3D-printed car is coming that stretches the boundaries of design Local Motors has been building cars with the help of community-submitted part designs for years now, but this September, it has far more ambitious plans: creating a working, 3D-printed electric vehicle, also based on a design by someone from its community. The contest ran during May, and a winner along with several runner-ups was announced earlier this month. Local Motors ...
How to Develop Forex Trading Skills Foreign exchange is the most liquid financial market because it involves trading currencies on a global level. It includes individuals, banks, corporations and governments, and is not solely for investment. News at the national level directly impacts the currencies, and it takes some time to develop Forex skills on the technical and fundamental level. However, if you intend to trade in the Forex market, it ...
India's forex reserves rise to $313.54 billion as of June 13: Citibank India's foreign exchange reserves rose to $313.54 billion as of June 13 compared with $312.59 billion in the week earlier, the Reserve Bank of India said on Friday. Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or depreciation of other currencies held in its reserves, the RBI said in its weekly ...
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