Search Results for: Vest Financial
The Turkish lira and the Euro to dollar fell; Emerging market currencies tumble
August 13th, 2018
Emerging market currencies tumble; U.S. futures trade lower; Turkish lira extends drop despite limits to swaps transactions. Stocks declined in Asia alongside the euro and emerging-market currencies, while Treasuries and the yen advanced, on continued turmoil in Turkey that’s ...
Global Housing Bubble Is Popping. Here Comes The “Reverse Wealth Effect”
August 10th, 2018
Just a few months ago, real estate was on fire. Prices were blowing past records set during the previous decade’s housing bubble as desperate buyers bought whatever was available at above the asking price while homeowners, confident that prices ...
1 in 2 ICOs failed in the second quarter — and those that succeeded suffered huge losses
August 8th, 2018
Money continues to flood into the booming market for digital tokens issued by startups despite the projects seeking funding getting worse and investment returns suffering, according to a new report 55% of “initial coin offerings” (ICOs) failed to complete ...
MiFID II ESMA: Data for the systemic internaliser calculations for equity, equity-like instruments and bonds
August 3rd, 2018
The European Securities and Markets Authority (ESMA) has published data for the systemic internaliser calculations for equity, equity-like instruments and bonds under the Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR). More specifically, ESMA has published the ...
Have a Cryptocurrency Company? Bermuda, Malta or Gibraltar Wants You
August 2nd, 2018
Hedge funds go to the Cayman Islands to incorporate. Big companies are generally domiciled in Delaware. And online poker companies often set up their bases in Gibraltar and Malta. Now the race is on to become the go-to destination ...
iSignthis released 4C quarterly results; Revenue in FY18 compared to FY17 is 363% greater
July 31st, 2018
Australian Securities and Frankfurt Stock Exchange cross listed iSignthis Ltd (ASX:ISX|FRA_DE:TA8), the global leader in RegTech for identity verification and transactional banking/payments, is pleased to provide the following business update and Appendix 4C for the quarter ended 30th June2018. ...
Virtual currencies spark real concern about national security threat
July 31st, 2018
U.S. government officials are increasingly worried about the potential national security threat posed by the rise of cryptocurrencies. In the past week, the Department of Justice, congressional lawmakers and even Federal Reserve Chairman Jerome Powell have voiced concern about ...
Russia’s gold reserves approaching record as Moscow is striving to escape from US dollar hegemony
July 30th, 2018
With 2,000 tons of gold in reserves, Russia’s bullion holdings are approaching the Soviet peak seen in 1941. Moscow is striving for financial independence and escape from US dollar hegemony, analysts told RT. “Some countries in the world want ...
UK Watchdog proposes changes to rules for crowdfunding platforms
July 30th, 2018
Following a post-implementation review of its crowdfunding rules, the Financial Conduct Authority (FCA) is opening a consultation on new rules for loan-based crowdfunding platforms. The changes the FCA is proposing are designed to address the ways in which the ...
Valuing Gold In A World Awash With Dollars
July 27th, 2018
Summary In this article I point to the pressures on the Fed to moderate monetary policy, but that will only affect the timing of the next cyclical credit crisis. That is going to happen anyway, triggered by the Fed ...
