Sentence examples for foreign currency trading from inspiring English sources

The development is another blow to investor sentiment after a rogue foreign currency trading scandal led to the resignations of the bank's chief executive and chairman.

However, Jeremy Cook of foreign currency trading group World First, said Spain should apply for a formal bailout: "Although politically destructive and obviously humiliating, it is time for Spain to ask for help from the IMF".

The federal indictment against Mr. Mowen says that in 2006 and 2007 he promised investors in a foreign currency trading operation returns that might have sounded too good to be true — and, according to the indictment, later turned out to be completely false.

But the minutes from the oversight council, and the council's annual report released this year, indicate that top regulators are viewing the automation of trading as a broader concern as high-speed traders move into an array of financial markets, including bond and foreign currency trading.

While most financial markets are closed during the weekend, foreign currency trading is always open.

Mr. O'Neal said interest rate trading and foreign currency trading, both parts of fixed income, posted record results.

Until the credit crisis, which began with troubles in the American mortgage market, the value of foreign currencies traded online by private Japanese citizens, including women, averaged $9.1 billion a day — almost a fifth of all foreign exchange trading worldwide during trading hours in Tokyo, said Kazuhiro Shirakura, an analyst at the Yano Research Institute in Tokyo.

"The real costs associated with regulatory compliance, foreign currency trade, agent fees and other dealings are largely unknown," the report acknowledges.

The two foreign currency trades are then closed out, offsetting each other, so no money is gained or lost, but accounting records are created.

The transactions also involved traders at some interbank brokers, including the Harlow subsidiary of Garban Intercapital and Tullett Liberty, which facilitate foreign currency trades between banks.

The authorities in Shenzhen delivered a blow to the illicit foreign currency trade by arresting a businesswoman they said was behind one of the biggest underground operations.