Markit Includes Moscow Exchange to FX Trading Connectivity Network
Markit (Nasdaq: MRKT), a leading international carrier of financial information services and the Moscow Exchange (MOEX), Russia’s multifunctional exchange platform, today revealed that Markit’s FX rates circulation center service included MOEX to its network of trading locations, providing FX market participants around the world expense efficient trading access to among the world’sfastest growing exchanges. MOEX’s FX ruble market volumes increased 37% in 2015 and FX derivatives volumes increased 112%, driven by both on-shore and rapidly increasing offshore consumer streams.
Markit’s FX consumers will benefit from plug and play connectivity to MOEX for price circulation and liquidity sourcing, as well as thorough post trade processing. Companies outside Russia will acquire efficient access to Russian ruble trading and guaranteed net settlement at the National Clearing Centre
Brazil Political Crisis Strikes Grains Trade; All Eyes on Currency
Brazil's forward sales of commodities such as grains and sugar have nearly ground to a halt as manufacturers, trading companies and experts evaluate the impact of the possible impeachment of President Dilma Rousseff.
After a year-long boom in sugar and corn exports, commodity merchants and farmers are bracing for continued conditioning of the genuine if Rousseff is ousted, decreasing the price benefit of Brazilian products and possibly curbing foreign sales
Trading forex markets
The appeal of trading currencies over other asset classes consists of exceptional market liquidity and 24-hour markets for five days a week. However,it’s vital for traders to understand the product and market and ensure they have a strict danger and money management strategy in restaurant.
Currency trading is a relative game, whereby you are playing one currency versus another. The directional predisposition is revealed through the very first named currency (in this case AUD), but your profit and loss is derived in the 2nd named pair (in this case USD).