Search Results for: IG Group
GDPR non-compliance: Multinational clothes retailer fined more than €35 million
October 21st, 2020
Clothes retailer H&M has been fined more than €35 million in relation to employee record-keeping practices – the highest financial penalty imposed in Germany to-date in relation to non-compliance with the General Data Protection Regulation (GDPR). The data protection ...
$1.2 Million penalty imposed in Forex trading scheme
October 20th, 2020
The Commodity Futures Trading Commission (CFTC) has issued an announcement to inform that the U.S. District Court for the Eastern District of Pennsylvania entered an order of default judgment finding that Michael Salerno of Chadds Ford, Pennsylvania, and his ...
Asian stocks slipped; Investors await key earnings results
October 20th, 2020
Asian stocks slipped on Tuesday as investors adjusted risk exposure heading into the U.S. election and ahead of a deadline for Washington to pass an economic stimulus bill, while Europe reported record daily coronavirus infections. MSCI’s broadest index of ...
The emerging evidence of hyperinflation
October 15th, 2020
Note: all references to inflation are of the quantity of money and not to the effect on prices unless otherwise indicated. In last week’s article I showed why empirical evidence of fiat money collapses are relevant to monetary ...
Spotware Partners with Broctagon to Offer cTrader White Labels
October 12th, 2020
Spotware, a leading Fintech and trading solutions expert, has announced its partnership with Broctagon, making the LP a specialist provider of cTrader White Labels. For Broctagon Fintech Group, offering cTrader solutions in combination with their liquidity products means brokers ...
White Labels: Why Brokers Choose to Offer cTrader White Labels
October 8th, 2020
White label trading platforms are becoming more and more popular worldwide. Why so, and how can you benefit as a broker from offering white labels to your customers and partners? This article covers the benefits of becoming a cTrader’s ...
The dollar clung to familiar ranges on Monday
October 5th, 2020
The dollar clung to familiar ranges on Monday as financial markets awaited news on the health of U.S. President Donald Trump, who last week tested positive for the coronavirus, sending investors into safe-haven assets. Risk-sensitive markets such as stocks ...
Germany puts ex-Audi CEO on trial over ‘dieselgate’
September 30th, 2020
Five years after “dieselgate” emissions cheating revelations rocked the car industry, ex-Audi CEO Rupert Stadler on Wednesday becomes the first top executive to stand trial in Germany. Stadler, 57, faces charges of “fraud, falsifying certifications and false advertising”, according ...
The emerging market currencies to back when ‘the dust settles’; Goldman Sachs
September 28th, 2020
Goldman Sachs has marked out the Mexican peso as its top emerging market (EM) currency pick “once the dust settles” from the coronavirus pandemic. In a note Thursday, Goldman strategists suggested that while it may be too early to ...
Demand for safe-haven assets boosted the U.S. dollar causing most Asian currencies to falter
September 22nd, 2020
Stock markets in Indonesia, Philippines and South Korea declined more than 1% on Tuesday as rises in coronavirus cases locally and globally dampened hopes of a swift economic recovery. Indonesian 10-year benchmark yields are up about 2.90 basis points ...
