The New York Stock Exchange is no longer a foreign exchange market

New York State’s state exchange is no more.The NYSE is no different than a stock exchange, a state securities commission spokeswoman told Reuters.The New York City-based exchange, which was a division of the NYSE Group until March 2019, was shut down in February by state regulators in the wake of a fraud scandal that has […]

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Foreign exchange liquidity for U.S. equities in January 2017

U.K. markets closed at 3 p.m.ET, and U.C.B.I. agents checked into a U.N. compound in New York.The U.R.S.-issued dollar fell as much as 0.2 per cent to 96.5 pence.Canadian dollar futures tumbled 0.3 per cent, the S&P 500 index slid 0.1 per cent and the Nasdaq composite dropped 1.2% in a session of the benchmark […]

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How to get a job at the top of the industry

Foreign exchange recruiters, who charge $10,000 to $25,000 a pop, say the industry is still young and not all foreign exchange recruits are suitable.They say they are a crucial part of the recruitment process.Foreign exchange recruitings are the most common type of recruitment in the business, but recruiters are struggling to keep up with the […]

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