Search Results for: Abe
Bitcoin turns 10 — how it went from an abstract idea to a $100 billion market in a decade
November 1st, 2018
Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online. Bitcoin went from an anti-establishment fad on the internet to a ...
Sterling falls to seven-week low
October 25th, 2018
The pound fell to a seven-week low on Wednesday before British Prime Minister Theresa May was due to meet Conservative Party lawmakers, some of whom have discussed toppling her in anger at her Brexit negotiations. May is seeking to ...
Emergency action filed against a Swiss-based company for microcap fraud scheme
October 9th, 2018
The Securities and Exchange Commission has filed an emergency action and obtained an asset freeze against two individuals and their companies in a scheme that generated more than $165 million of illegal sales of stock in at least 50 ...
Pan-European Stoxx 600 was down Monday morning; Auto stocks led the losses
October 8th, 2018
European markets were lower Monday morning, following broad declines in Asia after China’s central bank cut its reserve requirements for banks. The pan-European Stoxx 600 was down around 0.5 percent during early morning deals, with most sectors and major ...
Individuals and entities charged in global retail binary options fraud
September 28th, 2018
The Commodity Futures Trading Commission (CFTC) announced that it filed two complaints in federal district courts in Florida against four individuals and three entities and issued seven administrative Orders filing and simultaneously settling charges against seven individuals and two ...
The dollar stood tall against its peers; Euro lost more than 0.9 percent this week
September 28th, 2018
The dollar stood tall against its peers on Friday, hovering near a nine-month high versus the yen, after data reinforced upbeat views about the U.S. economy and backed the Federal Reserve’s signal for a steady course of rate increases ...
Asian Stocks Mixed, Yen and British Pound were steady; Key financial events coming up
September 26th, 2018
Asian stocks were mixed as traders awaited the Federal Reserve meeting. U.S. Treasuries were steady, with yields near the seven-year highs reached in May. Japan’s Topix index retreated from its highest in almost eight months. Stocks rallied in Hong ...
Australian dollar to U.S. dollar declined, Gold fell; Key events coming up this week
September 24th, 2018
Stocks in Hong Kong fell with U.S. equity futures and the Australian dollar after China called off planned trade talks with U.S. officials, potentially triggering an escalation in the protracted tariff war between the world’s two-biggest economies. While the ...
ICAP Capital Markets LLC ordered to Pay $50 Million penalty
September 19th, 2018
The Commodity Futures Trading Commission (CFTC or Commission) issued an Order filing and settling charges against ICAP Capital Markets LLC (ICAP), now known as Intercapital Capital Markets LLC (ICAP), for, by and through certain of its brokers, aiding and ...
Two men charged with fraud in fake trading accounts scheme
September 7th, 2018
The Securities and Exchange Commission (SEC) charged two Michigan men with fraud for their roles in a fake accounts scheme perpetrated by a phony day-trading firm, Nonko Trading. The SEC alleges that Jeffrey Goldman of West Bloomfield, Michigan, and ...
