Wednesday, March 21, 2012

Goldman Neutral on FXall share price

Goldman Neutral on FXall share price


Goldman Neutral on FXall share price

Posted: 21 Mar 2012 04:16 AM PDT

FXall a leading ECN has been given neutral status by Goldman Sachs analyst ratings. FXall filed an IPO and was welcomed by the market, the stock was trading at $12 and there were 5.2 million shares offered. 

FXall is growing at 19% CAGR and is the first independent institutional broker to get listed.

The stock is currently trading at $15.19.

FXall offers buy and sell side institutions access to a wide range of FX instruments including spot, swaps, options and … [visit site to read more]

Saxo Bank to open up in Turkey (may have acquired a local broker)

Posted: 21 Mar 2012 02:25 AM PDT

Saxo Bank is again in offices opening frenzy. After opening an office in Cyprus (through forextrading.com its independent subsidiary), opening in Australia and opening in [visit site to read more]

Shanghai to become China’s yuan trading center

Posted: 21 Mar 2012 02:12 AM PDT

The Bank of China officially opened its national headquarters for yuan operation in Shanghai yesterday to support the city’s goal of becoming a trading center of the Chinese currency.

China is working hard to make its currency market attractive and competitive on the global level. Lately China's financial futures exchange [visit site to read more]

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