Search Results for: mining
SFC reprimands and fines GMO-Z.com Forex HK Limited $1.6 million
February 9th, 2017
The Securities and Futures Commission (SFC) has reprimanded and fined GMO-Z.com Forex HK Limited (GMOHK) $1.6 million for deficiencies in its order execution and slippage handling procedures, and failures in its electronic trading system for leveraged foreign exchange contracts ...
As Bitcoin ETF Nears, Analysts Warn of Trading Frenzy
February 7th, 2017
If the Securities and Exchange Commission approves a bitcoin exchange-traded fund next month, it might set off a speculative rush into bitcoin. An easily accessed ETF that tracks the value of bitcoin could cause money to flood into the ...
An AI Law Firm Wants to ‘Automate the Entire Legal World’
February 6th, 2017
AN AI LAWYER Whether it’s a new employment contract, a rental contract, or sale contract, it needs to be checked before signing. Everyone knows the struggle of working through the dreaded small print, searching for pitfalls hidden in the tiniest details, ...
FTSE up on miners, pharmas after Tuesday’s Brexit debate
February 1st, 2017
London shares opened on a positive note with miners, pharmas and utilities leading blue chips higher amid ongoing concerns about the US’ controversial travel ban and after UK parliamentarians’ Brexit debate yesterday. Soon after the open, FTSE 100 was ...
Oil prices fall as rising U.S. output offsets OPEC-led cuts
January 31st, 2017
Oil prices fell on Tuesday as rising U.S. drilling activity offset efforts by OPEC and other producers to cut output in a move to prop up the market. Brent crude futures LCOc1, the international benchmark for oil prices, were ...
Moscow Exchange published Indices Annual Review 2016
January 28th, 2017
In 2016, the MICEX Index was up 26.76% to 2,232.72 (from 1,761.36 on 30 December 2015), while the dollardenominated RTS Index rose 52.22% to 1,152.33 (from 757.04). The dollar depreciated 16.87% against the rouble. Volatility decreased, with the Russian ...
Venezuelan authorities arrest 4 bitcoin miners
January 27th, 2017
Venezuelan authorities have arrested four people allegedly involved with a cryptocurrency-mining operation based in a small city about an hour and a half’s drive from Caracas, according to local media reports. Three men and one woman with ages ranging ...
SFC reprimands and fines North Sea Securities Limited $700,000
January 26th, 2017
The Securities and Futures Commission (SFC) has reprimanded North Sea Securities Limited (North Sea) and fined it $700,000 for failing to put in place proper controls to monitor and supervise employee dealings, in breach of the Code of Conduct ...
What’s next for blockchain and cryptocurrency
January 24th, 2017
In May of 2010, someone on a Bitcoin forum by the name of Lazlo claimed to have bought two pizzas for 10,000 bitcoins. It was the first time anyone had purchased anything with the new digital currency, which at ...
Oil rises on weaker dollar, U.S. production outlook caps gains
January 18th, 2017
Oil prices rose on Wednesday with a weaker dollar underpinning the market, although gains were limited by expectations that U.S. producers would boost output. U.S. West Texas Intermediate (WTI) crude oil futures were trading up 17 cents at $52.65 ...
