Archives
Facebook sues over ‘fraudulent lawsuit’
October 21st, 2014
Facebook is suing US law firms alleging they knowingly represented a fraudster who claimed to be owed Facebook shares, in a warning to other law firms representing anyone attempting to get a slice of Mark Zuckerberg’s fortune. The Silicon ...
Invast Upgrades MT4 Platform and Servers for Improved Handling Capabilities
October 21st, 2014
Invast has recently invested in new, state-of-the-art, Solid State Hard Drive (SSD) servers, as part of their ongoing commitment in providing the highest quality infrastructure to support their clients’ trading. Invast, one of the largest and most successful global ...
HMRC arrests three in £80m tax fraud and money laundering bust
October 21st, 2014
HMRC officers have arrested three men on suspicion of tax fraud and money laundering offences worth up to £80 million. Over 70 officers swooped on the men in dawn raids at three London addresses last Friday. Cash totalling £150,000 ...
Maltese regulator tightens Financial Licensing Rules for FX; minimum capital up to €730,000
October 21st, 2014
The MFSA has issued a notice regarding applicants for a Category 2 or Category 3 Investment Services Licence that would like to carry out online forex trading in terms of the Investment Services Act. MFSA underscored the necessity of further tightening the ...
KPMG targets SMEs with new division
October 21st, 2014
Business advisory firm KPMG today launched a new arm aimed at providing affordable services to small and medium-sized firms. KPMG Enterprise has been kicked off with a £40m investment. Jon Holt, office senior partner at KPMG in Manchester, said: ...
Tuesday October 21: OSB Daily Technical Analysis- Indices
October 21st, 2014
OSB Daily Technical Analysis for October 21, 2014 S&P 500 rallied above the 200 DMA and the key 1900 resistance level on Monday. This is bullish for the index and signals to bulls to start buying again. The S&P ...
Apple earnings beat expectations on strong iPhone sales
October 21st, 2014
Apple reported third-quarter earnings of $8.47bn (£5.24bn), a 13% rise from the same period a year earlier, beating analysts’ expectations. Profits at the technology giant were helped by sales of its new iPhone 6 models, which were on sale ...
Tuesday October 21: OSB Daily Technical Analysis- Commodities
October 21st, 2014
OSB Daily Technical Analysis for October 21, 2014 Gold rallied higher on Monday hitting resistance at the $1250 area. The close just beneath this price suggests a retest and possible close above in the next several sessions. A close ...
Tuesday October 21: OSB Daily Technical Analysis- Currency pairs
October 21st, 2014
OSB Daily Technical Analysis for October 21, 2014 EUR/USD up-move to start the week with an intraday push above the 1.28 handle. Market appears to be building upside momentum, possibly with a test of key levels higher in the ...
CySec: Directive regarding Tied Agents
October 21st, 2014
The Cyprus Securities and Exchange Commission (CySec) issued an announcement informing those market participants concerned, that, on October 17th 2014, Directive “DI144- 2007-13 of the Cyprus Securities and Exchange Commission in relation to Tied Agents”, was published in the Official Gazette ...
