From early 2010, both local banks and branches of foreign banks are not allowed to trade forex forwards worth more than 125 percent of the value of exports to prevent excessive forex hedging.
Cnforex.com, founded in 2004 at the beginning of the rise of China's forex margin trading, is a highly respected Chinese forex portal, which launched its annual awards for the first time on the 10th anniversary of its founding.
Not many investors, either retail or institutional, consider forex as a fully-recognised or even accessible asset class to invest in, but there are signs this is beginning to change and it's not just the prop traders, hedge fund managers or other types of fund managers that run complex forex strategies within multi-asset funds.
17 April 2013 -- Greece-based tomated social Forex trading platformZuluTrade.com said it has forged a partnership with Cyprus-based online forex broker Forex Time.
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