Friday, March 9, 2012

Saxo Bank to open up in South Africa

Saxo Bank to open up in South Africa

Saxo Bank to open up in South Africa

Posted: 09 Mar 2012 04:55 AM PST

After reporting solid 2011 results and performing the first fx mobile trade while BASE jumping in South Africa, Saxo Bank will open its first office in the region.

Our sources in South Africa tell us that Saxo Bank will use this weekend's … [visit site to read more]

Ava FX offers online trading course via Groupon

Posted: 09 Mar 2012 04:06 AM PST

Now this is some brilliant marketing. Ava FX offers a 96% discount on its Online Trading Course making it probably the first fx offering on Groupon. This way Ava FX taps the large Groupon clients base and also reaches completely new audience – which it may have not been able to reach otherwise. This is surely a great deal for Ava as Groupon serves as an ‘affiliate’ here and is only paid for signups while Ava gets … [visit site to read more]

London Stock Exchange acquires majority stake in LCH, values it at €813 million

Posted: 08 Mar 2012 11:48 PM PST

LCH recently reported healthy 2011 results with net revenues up 16% to €387.2 million (2010: €335.0 million). LCH launched the much awaited ForexClear service at the end of 2011. LCH offers the service on nine currency pairs for interbank trades in currency … [visit site to read more]
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