Search Results for: EC
SEC Charges Three Individuals and Broker-Dealer With Violating Market Structure Rules
December 19th, 2016
The Securities and Exchange Commission today announced settled cease-and-desist proceedings against the CEO of a Utah-based broker-dealer and two registered persons associated with the firm for causing the firm’s violations of SEC market structure rules, and contested administrative and ...
Major Economic Warning Sign: The Euro Is Heading For Parity With The U.S. Dollar
December 19th, 2016
The collapse of the euro is accelerating, and it looks like we could be staring a major European financial crisis right in the face early in 2017. On Thursday, the EUR/USD fell all the way to $1.0366 at one ...
New Kuwait government plans to increase water and electricity tariffs
December 19th, 2016
New Kuwait government plans to increase water and electricity tariffs Despite the messages from Government circles to the new lawmakers to close the old chapter and open a new one at the start of the new parliamentary term, it ...
Spains first Fintech incubator and accelerator wants to attract international companies
December 19th, 2016
Spains first Fintech incubator and accelerator wants to attract talents and start-ups from Europe and Latin America. The program includes a 16 weeks incubation in Spain and continues to use a collaborative approachas it does not require any stake ...
Former Goldman Sachs trader refuses to return stolen trade secrets
December 19th, 2016
A former Goldman Sachs banker who stole his employer’s trade secrets has ignored an order to surrender them, in order to cash in on profits after his release from prison, a London court was told. Jurors at Southwark Crown ...
A Baht-Yuan cross-currency settlement system using blockchain technology
December 19th, 2016
KASIKORNBANK, in cooperation with International Business Settlement Co., Ltd. (IBS), a Chinese FinTech giant, has developed a real-time Sino-Thai settlement system based on the Next Generation Settlement Network (NGSN) which helps save time and costs while providing the utmost ...
CySec approves two new Administrative Services Providers
December 19th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued announcements to inform that the Commission has approved two new firms as Administrative Services Provider (ASP). According the announcements, the below firms have been approved: a) Dynasource Consultancy Limited 67 Lemessou Avenue, ...
ESMA updates MiFID II Q&A on Investor Protection
December 19th, 2016
The European Securities and Markets Authority (ESMA) has added new Q&As to its Questions and Answers (Q&A) document on the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR). This Q&A ...
Dollar Extends Loss Amid Drone Concern, Oil Rises for Second Day
December 19th, 2016
China seized U.S. drone in international waters in Asia Japan shares fall for first time in three days as yen gains The dollar retreated versus most major peers, as heightened geopolitical tensions over China’s seizure of a U.S. naval ...
Monday, December 19: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
December 19th, 2016
OSB Commodities & Equity Indices Cheat Sheet & Key Levels for December 19. Gold Open 1130.50, High 1143.20, Low 1128.50, Close 1137.40, 0.67% Changed. Silver Open 15.99, High 16.33 … View table below