Search Results for: Global share
TechCrunch Creates a New Series on Cryptocurrencies and Blockchain Technology
October 10th, 2016
Bitcoin is probably the hottest invention of the last decade. At the current rate of growth, combined with its limitless potential, Bitcoin’s underlying blockchain technology may become the most disruptive revolutionary technological invention of this century. Irrespective of individual ...
Kiwibank Fintech Accelerator to scale up Kiwi start-ups
October 7th, 2016
New Zealand’s first FinTech Accelerator has been set up to turn great ideas into fledgling businesses, and could help New Zealand grow its share of a burgeoning global $1 trillion (NZD) industry. Kiwibank, Xero, Callaghan Innovation and Creative HQ ...
Bats Announces Successful Migration of BZX Options Exchange to Next-Generation Matching Engine
October 6th, 2016
Bats Global Markets, Inc. (Bats: BATS), today announced the successful migration of its largest options exchange, BZX Options, to the company’s proprietary next-generation matching engine. The migration of BZX Options to the new technology was seamlessly completed without incident ...
Payoneer raises $180m in venture capital funding
October 6th, 2016
Payoneer has raised $180 million from venture capital investors. The New York-based money transfer service, specializing in cross border transactions and escrow-as-a-service (EaaS) to dealmakers, is now backed by Technology Crossover Ventures (TCV). This round, plus the most recent Series ...
Can You Imagine The Fed Raising Rates In This World? Bank Bail-In Edition
October 5th, 2016
I know it’s bad form to express sympathy for the people running the world’s central banks. But come on, they’re human beings in an impossible spot with no idea how to escape. The pain they feel is both intense ...
Fund giant wins £10.4m legal claim against co-founder
October 5th, 2016
Marathon Asset Management has won a four-year legal battle against co-founder Jeremy Hosking, winning a £10.4 million claim against him for breach of ‘contractual and fiduciary duties’. Marathon, which runs $50 billion (£39 billion) in institutional mandates, has been ...
CME Group Reached Average Daily Volume of 15 Million Contracts per Day in September 2016
October 5th, 2016
CME Group, the world’s leading and most diverse derivatives marketplace, today announced that September 2016 average daily volume (ADV) reached 15 million contracts per day, up 6 percent from September 2015. CME Group September 2016 options volume averaged 2.9 million contracts per day, up 9 ...
Ericsson to cut 3,900 jobs in Sweden
October 4th, 2016
Ericsson (ERICb.ST) plans to cut around 3,900 jobs in Sweden, doing away with most of its manufacturing in the country as it grapples with a shrinking market for telecoms network equipment. The Swedish company, whose share price has fallen ...
Asian Stocks Rebound as Deutsche Bank Concern Ebbs; Pound Drops
October 3rd, 2016
German lender’s U.S. fine reported to be less than feared U.K.’s May says Brexit process to start by end of March Asian stocks rose and regional bonds fell as concern about Deutsche Bank AG’s finances eased after the lender ...
Saxo Bank reports higher profits and client assets as diversification strategy yields results
September 30th, 2016
Saxo Bank Group (“The Group”) has reported a net profit of DKK 158 million for the first six months of 2016. During the same period, client collateral deposits continued to rise, increasing by DKK 6 billion, compared to H1 ...
