Search Results for: currencies
HKEX and Thomson Reuters agree for the creation a new series of Renminbi (RMB) indices
May 24th, 2016
Hong Kong Exchanges and Clearing Limited (HKEX) and Thomson Reuters today (Tuesday) signed an agreement for the creation of a new series of Renminbi (RMB) indices. The new index series will give the world benchmarks that reflect the development ...
Oil prices fall as dollar gains, but possible stock drawdown supports
May 24th, 2016
Oil prices fell in thin trade on Tuesday as the U.S. dollar strengthened, but losses were curbed by a likely drawdown in U.S. crude and gasoline stockpiles. Brent futures had declined 42 cents to $47.93 a barrel by 0643 ...
GTX announced it has hired two senior sales executives for its registered swap dealer
May 24th, 2016
GTX, the institutional foreign exchange trading arm of GAIN Capital Holdings Inc., announced today it has hired two senior sales executives for its registered swap dealer, which provides agency execution services in spot, forwards, non-deliverable forwards, swaps, options in ...
Arrests And Prosecutions Reveal Big Vagaries In Bitcoin Selling Regulations
May 23rd, 2016
U.S. laws governing bitcoin trading are vague and sometimes lead to complicated law enforcement actions, according to an article in Fast Company magazine. Anti-money laundering laws require exchanges to verify customers’ identities, but what constitutes an exchange can sometimes be unclear. ...
invest.com launches “hedge fund for the people”
May 23rd, 2016
invest.com is the first online investment company in the UK to specialise in alternative investments; It has received $20m investment from a number of global investors including tech VC fund, Singulariteam; invest.com domain name ranks as one of the ...
The Eurozone is the greatest danger
May 23rd, 2016
World-wide, markets are horribly distorted, which spells danger not only to investors, but to businesses and their employees as well, because it is impossible to allocate capital efficiently in this financial environment. With markets everywhere disrupted by interventions from ...
Oil prices dip on strong dollar, firm global supply
May 23rd, 2016
Oil prices slipped in Asian trade on Monday on a strong dollar and signs that global crude supply is holding up even as volumes hit by unplanned outages rise to at least five-year highs. In a further indication of ...
Unintended Consequences, Part 1: Easy Money = Overcapacity = Deflation
May 20th, 2016
Somewhere back in the depths of time the world got the idea that easy money — that is, low interest rates and high levels of government spending — would produce sustainable growth with modest but positive inflation. And for ...
Russia’s ‘Bitcoin Ban’ Faces Uncertain Future After Draft Bill Withdrawn
May 20th, 2016
A bill prepared by Russia’s Ministry of Finance targeting the creation and circulation of so-called money surrogates, a classification that would include digital currencies like bitcoin, has been at least temporarily withdrawn from consideration following comments from the country’s ...
Coinbase will start trading bitcoin rival ethereum on its cryptocurrency exchange
May 20th, 2016
Ethereum is having a moment. Coinbase, a bitcoin-only exchange, is planning to add support for ethereum, the company said today (May 19). Coinbase exchange users will be able to buy and sell ether, the virtual currency unit behind ethereum ...
