Ukraine raises rate 550 bps, scraps daily FX auctions

Ukraine raises rate 550 bps, scraps daily FX auctions

Risk analysis for the stability of the banking system as a result of higher interest rates showed that they are relatively low compared to the risk of further devaluation of the hryvnia. In addition, the general increase in interest rates in the …

Read more on CountingPips (blog)

Derivatives Exchanges Look to Add Liquidity to the Bitcoin Market

For their part, U.S. exchange entrepreneurs see their ventures as potential powerhouses that could boost Bitcoin's network effect — the increase in value that comes as more people join into the cryptocurrency's trading system — by providing ways for …

Read more on Institutional Investor

Exclusive: FXCM Inc CEO Drew Niv Discusses Future of the Firm and Retail Forex

The caveat of our no dealing desk execution system is that traders are off-set one for one with a liquidity provider. When a client entered a EUR/CHF trade with FXCM, FXCM Inc has an identical trade with our Liquidity providers. During the historic …

Read more on Forex Magnates

The post Ukraine raises rate 550 bps, scraps daily FX auctions appeared first on Forex Success Traders.

from WordPress http://ift.tt/1un5lDT

via IFTTT