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  1. NFA's Board Approves Prohibition of Credit Cards to Fund Retail Forex Accounts

    by , 06-28-2014 at 12:01 PM
    Quote Originally Posted by matfx View Post
    NFAs Board Approves Prohibition Credit Cards Fund : businesswire.com

    CHICAGO--(BUSINESS WIRE)--National Futures Association (NFA) announced that its Board approved a ban on the use of credit cards to fund retail forex and futures accounts. This prohibition is subject to approval by the Commodity Futures Trading Commission. Although NFA's proposed rule prohibits the use of credit cards to fund both futures and retail forex accounts, NFA determined through its study that futures commission
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  2. Modi's To-Do List: Priorities For A New India

    by , 05-28-2014 at 02:47 AM
    Tonight, Narendra Modi will be sworn in as India’s new Prime Minister. And there is no shortage of advice on what he should do once he takes power.

    Today, India’s daily newspapers and the world’s financial press have been publishing articles telling the new man in charge just what he needs to do to help India reach its potential, and there are some common themes. As context, it’s worth noting what the stock market tells us about expectations: Mumbai’s benchmark Sensex index rose 15% ...
  3. Data Structure in MetaTrader 4 Build 600 and Higher

    by , 05-16-2014 at 06:45 AM
    Data Structure in MetaTrader 4 Build 600 and Higher

    Introduction


    MetaTarder 4 build 600 features the new structure and location of the client terminal files. Now, MQL4 applications are placed in separate directories according to the program type (Expert Advisors, indicators or scripts). In most cases, the terminal data is now stored in a special data folder separated from the terminal installation location. In this article, we will describe in details how data is transferred, ...
  4. Reserve Bank of India bought US $ 7.78 billion in spot forex market in March

    by , 05-13-2014 at 06:05 AM
    Reserve Bank of India bought US $ 7.78 billion in spot forex market in March

    The Reserve Bank of India was a net buyer of dollars worth US $ 7.78 billion in the spot forex market in March. As per the data of Monthly Bulletin for May 2014, the central bank purchased USD 8.75 billion in March while it sold US $ 970 million during the month.

    However, in February, RBI had sold a net US $ 530 million in the spot forex market. For the entire 2013-14, there were net buys of ...
  5. India gold culture defies curbs as steep tax tries to rein in demand

    by , 05-12-2014 at 11:59 AM
    MUMBAI, India (AP) - India's steep new tax on gold imports doesn't deter Mousumi Rao as she holds up a glittering $5,000 filigree necklace that could adorn her daughter on her wedding day.


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