Search Results for: Brokers
JPMorgan to pay more than $135 million to settle charges
December 27th, 2018
The Securities and Exchange Commission (SEC) announced that JPMorgan Chase Bank N.A. will pay more than $135 million to settle charges of improper handling of “pre-released” American Depositary Receipts (ADRs). ADRs – U.S. securities that represent foreign shares of ...
Forex trading firm ordered to pay millions for fraudulent Forex pool scheme
December 27th, 2018
The Commodity Futures Trading Commission (CFTC) announced that on December 7, a federal court ordered New York firm Wright Time Capital Group LLC (d/b/a Global FX Club) (WTCG) to pay more than $1.48 million in civil monetary penalties and ...
US stocks experiences the greatest single-day increase in their history
December 27th, 2018
US stocks enjoyed the greatest single-day increase in their history a day after Christmas, only two days after suffering their worst single-day decline, the Dow Jones Industrial Average and other indices revealed. The Dow gained 1,086.25 points on the ...
Time Is Money, Money Is Time
December 21st, 2018
Life’s but a walking shadow, a poor player who struts and frets his hour upon the stage and then is heard no more. -Macbeth Our limited time, our brief candle as Shakespeare’s Macbeth had it earlier in the ...
Elliott wave Analysis: German DAX and Bund Update
December 21st, 2018
These days we have to keep an eye on stock market as indexes are trading around those January/February 2018 low, that can play a very important role regarding the next move. I assume that bounce may occur, at least ...
Bitcoin could be overseen by UK’s financial regulator
December 21st, 2018
The UK government has said it stands ready to empower Britain’s financial regulator to oversee all cryptocurrency assets, after a warning from MPs that bitcoin and other cryptocurrencies were “wild west” assets that exposed consumers to a host of ...
ESMA agreed to renew the restriction on contracts for differences (CFDs)
December 21st, 2018
The European Securities and Markets Authority (ESMA) has agreed to renew the restriction on the marketing, distribution or sale of contracts for differences (CFDs) to retail clients, in effect since 1 August, from 1 February 2019 for a further ...
Bitcoin rallies; Other top cryptocurrencies followed
December 20th, 2018
After weeks of pain for the world’s largest cryptocurrency, bitcoin surged 10 percent to a high of $3,929.10 on Wednesday morning, according to data from CoinDesk. The performance brought bitcoin’s three-day gains to more than 22 percent. Other top ...
Pound to Dollar rose, Euro little changed; Events investors will focus on in the coming days
December 20th, 2018
Stocks and U.S. futures tumbled in Asia, with Japanese equities sliding into a bear market as investors expressed concern about a lack of relief from the Federal Reserve’s monetary tightening. The sell-off that began Wednesday afternoon with Fed Chairman ...
Alert! Cryptocurrency fraudsters are using cryptocurrencies to swindle consumers
December 19th, 2018
The Financial Services and Markets Authority (FSMA), an autonomous public institution that supervises the Belgian financial sector, has issued a warning to inform consumers for cryptocurrency fraud. In accordance the warning, despite its earlier warnings, the FSMA continues to ...
