Search Results for: currencies
CentrumDirect set to launch online forex platform next week
July 17th, 2015
CentrumDirect, an arm of diversified Centrum Group, is set to launch next week an online forex platform Buyforex. in, which will allow users to see live quotes to buy and sell major currencies in various forms such as prepaid ...
Deloitte Trials Blockchain Tech for Client Auditing
July 16th, 2015
Professional services firm Deloitte has revealed it is trialling blockchain technology to automate client auditing and crowdsource its consulting efforts, among other applications. With the announcement, Deloitte – one of the world’s ‘Big Four’ audit firms – becomes the ...
Forex Broker FX World Under Investigation by City of London Police
July 16th, 2015
Currencies-trading firm’s license was suspended in June, says FCA The City of London police are conducting a fraud investigation into currencies-trading firm FX World, according to a person familiar with the matter. “ are investigating a foreign-exchange company in ...
Russian President Vladimir Putin Addresses Digital Currency
July 15th, 2015
Russian President Vladimir Putin has issued his first remarks on bitcoin and digital currencies in an educational forum broadcast on domestic TV network Russia 24. Local news sources including Gazeta, state-operated news agency RIA and TASS are reporting Putin ...
Banks face new legal action over forex manipulation
July 15th, 2015
After fines totalling many billions of pounds from UK and US regulators, a new threat is about to hit the major banks found guilty of manipulating the foreign exchange market. US lawyers are preparing multi-million-pound legal action – to ...
China Opens Interbank Market to Central Banks, Sovereign Funds
July 14th, 2015
China issued new rules making it easier for foreign central banks, sovereign wealth funds and global financial organizations to access its interbank bond market, the latest step in the opening up of Asia’s largest economy. They will no longer ...
R5FX selects smartTrade Technologies for emerging markets FX Platform
July 14th, 2015
smartTrade Technologies, has been appointed to build and host the e-trading platform for R5FX, the new liquidity pool specialising in the trading of emerging market currencies. Electronic trading in emerging markets FX (EMFX) has seen an increase of 300% ...
How Future Bitcoin Can Prevent a Future Greece
July 14th, 2015
The digital currency is at a turning point, evolving much more quickly than some observers realize Bitcoin, the volatile digital currency, cannot help the Greeks of today. But it could mean a great deal to those caught up in ...
Euro’s Drop Muted as Currency Builds Resistance to Greek Turmoil
July 13th, 2015
The euro seems to be building up some resistance to Greek turmoil, even as it opened weaker for a third straight Monday amid the latest debt impasse. Today’s drop at the start of Asian trading was smaller than its ...
Visa: Bitcoin Has a Future in Payments
July 10th, 2015
Large existing payments companies are “lowering the drawbridges” and working more openly with new players in the space, according to a Visa executive. Jonathan Vaux, executive director of new digital payments and strategy at Visa Europe, was speaking at WIRED Money, held ...