Archives
FCA bans Paul Reynolds and fines him £290,344
October 24th, 2014
The Financial Conduct Authority (FCA) has published a Decision Notice against Paul Reynolds (formerly known as Paul Brian Reynolds). The FCA has decided to fine Mr Reynolds £290,344 and ban him from performing any function in relation to any ...
b-next enhances CMC:Global Control Room to monitor financial institutions’ global trading and banking activity
October 24th, 2014
b-next, a specialist provider of capital markets compliance solutions, announced the enhancement of its proprietary CMC:Global Control Room web-based tool to provide financial institutions with a comprehensive view of all activities across its global operations. The CMC:Global Control Room ...
Britain ordered to pay extra €2.1bn to its 2014 EU budget
October 24th, 2014
Britain has been told by the EU that it must add an extra €2.1bn to its 2014 EU budget, as compensation for its strong economic performance. It has been told by the European commission that it must make the ...
Dollar firm around 108 yen on eased concern about global economy
October 24th, 2014
The U.S. dollar stayed relatively firm around 108 yen Friday morning in Tokyo on eased worries about the global economy, but caution over another Ebola infection in the United States capped the currency’s further gain. At noon, the dollar ...
CoinCorner Now Accepts Debit and Credit Cards for Bitcoin Purchases
October 24th, 2014
British bitcoin exchange CoinCorner now allows clients to purchase bitcoin and some altcoins with debit and credit cards. The feature went live yesterday, making CoinCorner one of very few places in the British Isles to accept direct card payments ...
Friday October 24: OSB Daily Technical Analysis- Indices
October 24th, 2014
OSB Daily Technical Analysis for October 24, 2014 S&P 500 Strong up swing for the S&P 500 which managed to climb above the 50 DMA and test resistance at 1950. Bullish momentum continues to pick up in the S&P ...
Amazon posts big loss for Q3, shares tumble
October 24th, 2014
As quarterly losses mount, uneasy investors are selling shares. Amazon stock is down 23% this year. Amazon had warned that it would lose bundles of cash in the third quarter, and it didn’t disappoint. The Seattle-based online retailer (TICKER: ...
Friday October 24: OSB Daily Technical Analysis- Commodities
October 24th, 2014
OSB Daily Technical Analysis for October 24, 2014 Gold sold off after attempting to rally above the $1250 mark which proved too resistive for now. The sell-off brings gold to the $1225-30 area which is somewhat supportive for now. ...
Kuwait bourse cancels trades in Kuwait Investment Co, Zain
October 24th, 2014
The Kuwait Stock Exchange cancelled all trades in the shares of Kuwait Investment Co and Zain that had taken place on Thursday before it suspended the stocks at mid-session, it said in a statement. Kuwait Investment Co surged 7.6 ...
Friday October 24: OSB Daily Technical Analysis- Currency pairs
October 24th, 2014
OSB Daily Technical Analysis for October 24, 2014 EUR/USD closed essentially unchanged on Thursday forming a hammer. This market does not currently have the strength to push higher. Resistance at 1.28 is strong and any push above is likely ...