Search Results for: banks
Bloomberg Confirms its FX Benchmarks Comply with IOSCO Principles
May 12th, 2016
Bloomberg announced today the successful completion of an independent assessment confirming the alignment of the BFIX family of benchmarks with the International Organization of Securities Commissions’ principles for financial benchmarks. The assessment was conducted by Ernst & Young LLP ...
Exit from the MoU: What does it mean for Cyprus?
May 12th, 2016
On March 31st, 2016 the Cyprus government has officially exited the MoU with Troika after a three-year period. During this time, Cyprus has received around €7.2 billion (out of a total of €10 billion available) with a very low ...
A beginner’s guide to bitcoin: What you need to know
May 12th, 2016
When Craig Wright claimed he invented bitcoin, it put the mysterious currency back in the spotlight. But while it’s generated a furore in the community of underground hackers and crypto-anarchists, most people are bemused by all the fuss. What is ...
FXSpotStream commences publication of supported volumes – April ADV at USD18 Billion representing a 41% increase year on year
May 11th, 2016
FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that it will start publishing monthly supported volumes on its website at www.fxspotstream.com/volumes. With liquidity from 12 leading global banks – BofA Merrill Lynch, Bank of Tokyo-Mitsubishi UFJ, ...
Fintech Offer Opportunity To Investors
May 11th, 2016
Fintech is changing the way consumers interact with financial services and a key area for investors. Financial technology is shifting the business model away from cost per transaction to monetising data and advertising. New technologies include peer to peer ...
IPC Systems announced that it has launched FX Hub
May 11th, 2016
IPC Systems, Inc., a leading global provider of specialized communications and managed network-as-a-service solutions for the financial trading community, today announced that it has launched FX Hub, a low latency, co-located performance solution engineered to address the industry’s most complex ...
Bitcoin operators await regulation in Japan
May 11th, 2016
Bitcoin operators await regulation in Japan amid push for legitimacy and widespread use Bitcoin operators are keenly watching the Diet as it deliberates bills to regulate the currency, believing the legislation is key to regaining the public trust’s in ...
Europe Stocks Rise for 2nd Day as Credit Suisse Leads Bank Gains
May 10th, 2016
Carmakers climb as China auto sales increased in April Pandora jumps on better-than-forecast profit, raised outlook European shares rebounded further as investors speculated a selloff that spurred their worst week since February was overdone, and Credit Suisse Group AG ...
Seamless granted authorization to issue electronic money in Europe
May 10th, 2016
Nasdaq Stockholm-listed Seamless (OMX: SEAM) has been granted authorization by Sweden’s financial supervisory authority, Finansinspektionen, to issue electronic money. This means that SEQR users can send and receive money, worldwide, in real time. Under the terms of the authorization, ...
US-based law firm opened an office in London
May 10th, 2016
Holland & Knight today announced that it has opened an office in London to expand its aviation and maritime finance practices. The office will include six lawyers, all of whom previously practiced at Clark Ricketts, a well-established London law ...
