Canada’s Inflation Jumps in August In August, Canada witnessed its annual inflation rate soar to 4.0%, up from 3.3% in July. This unexpected surge, largely attributed to a spike in…
Month: September 2023
FX week in review: Axi Select prop trading, ThinkMarkets IPO delayed, OvalX in liquidation, 357 Group launch
This past week in FX and CFD industry news at FNG… Axi launches Axi Select prop trading. The ThinkMarkets IPO deadline was again pushed back, as SPAC merger partner FG…
Hedge funds turn to exotics for EM carry trades
Dealers are seeing a resurgence in exotic foreign exchange options trading as hedge funds turn to cheaper structures to profit from emerging market carry trades. FX carry trades have been…