Search Results for: IG Group
Google and Mastercard have secret deal to track users’ offline spending in stores
September 3rd, 2018
Google has reportedly bought Mastercard credit card data in the US to help it track users’ offline spending in stores. The two firms had not made the deal public but it was discovered by Bloomberg. Mastercard denied suggestions that ...
Rakuten e-commerce giant buys a bitcoin exchange
September 3rd, 2018
Rakuten, Inc., the largest e-commerce site in Japan and among the world’s largest by sales, announced that it decided to acquire everybody’s bitcoin Inc. (hereinafter “everybody’s bitcoin”) through its subsidiary, Rakuten Card Co., Ltd. The acquisition is based on ...
Bitcoin sinks further; Most altcoins enter negative territory for the week
August 31st, 2018
Bitcoin fell for a second straight day Thursday, putting a lid on the recent euphoria that had some pundits eyeing $8,000 and beyond. One bitcoin BTCUSD, +1.28% was last worth $6,913.85, down 1.8% since Wednesday at 5 p.m. on ...
BNP Paribas ordered to pay $90 Million penalty; The reason?
August 31st, 2018
The Commodity Futures Trading Commission (CFTC) issued an Order filing and settling charges against BNP Paribas Securities Corp. (BNP Paribas or the Bank) for attempted manipulation of the ISDAFIX benchmark and requiring BNP Paribas to pay a $90 million ...
Swiss watchdog to propose looser anti-money laundering rules for fintechs
August 29th, 2018
Swiss financial regulator FINMA is planning to loosen anti-money laundering rules for smaller financial technology firms, part of a drive to boost innovation and shore up the country’s position as a leading money management hub. The revisions, prompted by ...
European stocks hold steady; Stocks on Wall Street extended gains
August 29th, 2018
European markets ended on a mixed note at Tuesday’s close, with risk appetite sharpened by news the U.S. and Mexico had reached a deal to overhaul the North American Free Trade Agreement. The pan-European STOXX 600 was off 0.03 ...
ESMA agreed to renew prohibition on Binary Options for a further three months
August 27th, 2018
The European Securities and Markets Authority (ESMA) has agreed to renew the prohibition of the marketing, distribution or sale of binary options to retail clients, in effect since 2 July, from 2 October 2018 for a further three-month period. ...
The people who got burned by the Bitcoin boom
August 23rd, 2018
Pete Roberts of Nottingham, England, was one of the many risk-takers who threw their savings into cryptocurrencies when prices were going through the roof last winter. Now, eight months later, the US$23,000 ($34,638) he invested in several digital tokens ...
Paper gold not so shiny anymore: Prices hit 19-month low as speculators ‘give up hope’
August 22nd, 2018
The price for gold – which has traditionally served as a haven asset for investors – has fallen by nine percent so far this year. Holders of gold futures contracts, not the physical metal, are shorting their positions. Last ...
Deloitte poll: Nearly half of responding organizations plan to modernize compliance in year ahead
August 17th, 2018
Almost half (48.3 percent) of risk and compliance, internal audit, C-suite executive and board professionals plan to modernize their compliance functions by changing core compliance execution practices during the next 12 months, according to a recent Deloitte poll. Further, ...
