Search Results for: wall Street
CFTC Grants Registration to Seed SEF LLC
August 24th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) announced today that it has issued an Order of Registration to Seed SEF LLC (Seed), of Chicago, Illinois, granting it fully registered status with the CFTC as a Swap Execution Facility (SEF). ...
Eurozone economic recovery picking up despite Brexit, PMIs show
August 23rd, 2016
The eurozone’s economic recovery gained speed in August, according to surveys of purchasing managers that provide fresh evidence of the currency area’s resilience in the wake of the U.K.’s decision to leave the European Union. In advance of the ...
Man Who Introduced Millions to Bitcoin Says Blockchain Is a Bust
August 22nd, 2016
‘Blockchains are a pain to work with,’ says Stefan Thomas Tweaks require consensus, which he says slows progress Stefan Thomas, who introduced millions of people to bitcoin, has had a change of heart. Blockchain, the ledger software that makes ...
Rakuten buys struggling bitcoin startup Bitnet to create a ‘blockchain research lab’
August 19th, 2016
Rakuten has confirmed that it has acquired the assets of Bitnet, a bitcoin wallet startup it invested in, which will be used to create a ‘bitcoin lab’ for the Japanese retail giant. The transaction is undisclosed but it follows a Wall Street Journal ...
Ex-JPMorgan vice president guilty on 9 counts of insider trading
August 18th, 2016
Ex-JPMorgan Chase V.P. guilty on 9 counts of insider trading in father’s $1M windfall Sean Stewart, a former investment vice president at JPMorgan Chase, helped his father and others make more than $1 million in illegal trades from 2011 ...
Oil price heads for $50 after Russia stokes output-deal rumour
August 16th, 2016
Energy minister Alexander Novak pumps up hopes ahead of production talks next month Oil has enjoyed its best three-session gain for four months and the benchmark that sets prices in the North Sea is moving towards $50 a barrel ...
Alibaba makes VR payments play
August 10th, 2016
Chinese web behemoth Alibaba is working on bringing its payments clout to VR, developing technology that will let people buy goods in a virtual world by making physical gestures. The company’s Ant Financial unit is developing a system that ...
Oil prices: OPEC may finally take action if crude’s slide continues
August 9th, 2016
Oil’s recent dip back into the $30s per barrel may be enough to get some OPEC members to curb their bickering and consider joint action — especially if oil plummets again. Considering a deal and agreeing to one are ...
Asia shares up as yield hunt drives record flows, pound slips
August 9th, 2016
Asian shares stood atop one-year peaks on Tuesday as investors’ desperate search for yield drove a record inflow into emerging market funds, while the pound slipped to one-month lows on speculation of further policy easing in the UK. Analysts ...
JPMorgan to use computerized technology in dealer to dealer market
August 4th, 2016
Three-year deal is for the dealer-to-dealer Treasury market Virtu is one of the world’s biggest electronic trading firms JPMorgan Chase & Co. will use a computerized trading firm’s technology to access and trade in the U.S. Treasury market, marking ...
