Search Results for: Virtu Financial
A Charter was granted to a Bitcoin Exchange
October 6th, 2015
NYDFS grants Charter to “GEMINI” BITCOIN EXCHANGE founded by Cameron and Tyler Winklevoss Three Virtual Currency Firms Have Now Received Charters or Licenses from NYDFS – Gemini, Circle, itBit Anthony J. Albanese, Acting Superintendent of Financial Services, announced that ...
NIRP, its likelihood and effect on commodities
October 5th, 2015
In last week’s article I pointed out that negative interest rates should lead to a general shift in consumer preferences from money towards essential goods. Central bankers may wish for this outcome on a controlled basis to allow them ...
Bitcoin flounders in Australia as regulatory worries bite
October 5th, 2015
Australian businesses are turning their backs on bitcoin, as signs grow that the cryptocurrency‘s mainstream appeal is fading. Concerns about bitcoin’s potential crime links mean many businesses have stopped accepting it, a trend accelerated by Australian banks’ move last ...
Forex Scandal Drives Shift to Algo Trading
September 29th, 2015
Banks are increasingly turning to computer programs to carry out foreign exchange trades After paying billions in fines to settle allegations that traders tried to rig a key currency benchmark, banks are increasingly turning to computer programs to carry ...
Oil prices remain weak on Asia economy woes; shares in commodity firms tumble
September 29th, 2015
Japan stock market at 8-mth lows over Asian economic fear Falling commodity markets hit trading houses hard Oil prices remained low in early Asian trading on Tuesday following a slide of almost 3 percent the previous session, dragged down ...
First Bitlicense approval for a Bitcoin Startup
September 23rd, 2015
NYDFS BitLicense is First Comprehensive Regulatory Framework for Firms Dealing in Virtual Currency Such as Bitcoin BitLicense Includes Key Consumer Protection, Anti-money Laundering, Cyber Security Rules to Help Safeguard Customer Funds and Root Out Illicit Activity Anthony J. Albanese, ...
Russian Firm Plans Local Version of Bitcoin Digital Currency
September 18th, 2015
A leading Russian payment services provider is developing the country’s first virtual currency — the bitruble. If the company, Qiwi, can overcome resistance from Russia’s financial authorities — which fear that cryptocurrencies could be used to launder money and ...
Big Banks Cutting Tens Of Thousands Of Jobs; Huge Implications
September 16th, 2015
Money center banks — which over the past few decades have grown into the biggest financial entities the world has ever seen — appear to have hit a wall, and are now shedding tens of thousands of workers. Three ...
Barclays hunts for new recruits with gamified trading platform
September 15th, 2015
Barclays is to test the skills of budding traders with the opening of a virtual investment platform from US-based gamified recruitment startup Stockfuse. Stockfuse was one of the startups to win a place on Barclays’ fintech accelerator programme ...
This Is Actually Going To Happen Next Year
September 14th, 2015
The intellectual groundwork is being laid for the next stage of the Money Bubble, and it’s going to be epic. Here are excerpts from two articles that appeared over the weekend (and which should be read in their entirety). ...
