Search Results for: banks
Brexit Rules The Week
June 21st, 2016
The Brexit vote is this Thursday, so nothing else matters until then. And polls, just to make it even more stressful, have it neck and neck. See Brexit poll tracker back to even at 44-44. While we’re waiting, let’s ...
Europe expected to pause after strong gains
June 21st, 2016
European stocks traded slightly lower on Tuesday, taking a breather after sharp gains seen in the previous session following polls that allayed fears of a Brexit. The pan-European STOXX 600 was down 0.13 percent with major bourses and sectors pointing in ...
Foreign-Exchange Traders Staff Up for Brexit
June 21st, 2016
Many banks have slashed currencies-trading staff; now they are girding for an anticipated surge of activity stemming from this week’s U.K. vote Scott Schultz won’t be making any social plans for this Thursday evening. The co-head of foreign-exchange trading at ...
Bitcoin exchange Quoine raises $20m venture investment
June 21st, 2016
Quoine, a Singapore-based Bitcoin exchange, has closed a $20 million funding round, leveraging off the large opportunity for Bitcoin in the Japanese market, led by venture capitalists (VCs) and other ‘strategic investors’. It’s last funding round was a $2 million ...
Is One Of These Companies The Next FinTech Unicorn?
June 21st, 2016
What happens when you take FinTech, one of trendiest sectors out there right now and put it together with the equally popular field of behavioral economics? You get a new sweet spot in finance that’s attracting more than its share ...
Brexit is getting the blame
June 17th, 2016
Brexit is not the most important problem facing markets, it is mounting problems in the European banks. But before looking at that systemic issue, I will summarise the Brexit position, from the trenches, in the last few days before ...
cTrader supports Islamic accounts and cServer 4.3 update
June 16th, 2016
Spotware Systems announce the support of Shariah Compliant (Swap Free) accounts from all cTrader platforms. Now traders can decide when creating a demo account if their account should be made Swap Free. The functionality has been designed to meet ...
Broadridge Financial Solutions to acquire 4sight Financial Software
June 15th, 2016
Broadridge Financial Solutions, Inc.(NYSE:BR) today announced that it has expanded its global securities financing and collateral management capabilities through the acquisition of 4sight Financial Software Limited, a leading provider of securities finance and collateral management systems to financial institutions ...
Asian Stocks Advance Before Fed as Pound Halts Slide; Oil Sinks
June 15th, 2016
Yuan hovers near five-year low after MSCI’s China ruling Japanese bond yields drop to new records as copper gains Asian shares rose, rebounding from the steepest selloff in global stocks since January, as currency markets stabilized ahead of the ...
The pensions mess: can gold help?
June 14th, 2016
The British have recently seen two unpleasant examples of the cost of pension fund deficits. A deficit at British Steel, estimated to be about £485m, was followed by a deficit at British Home Stores of £571m. In both cases, ...
