Search Results for: EC
Price Trapped In A Complex Correction On USDJPY; More Weakness Could Be Around The Corner
October 12th, 2016
On the daily chart of USDJPY we are observing a nice impulsive decline taking place, with price now trading in one of its temporary corrective sub-waves, wave 4-circled. If that is the case, then current sideways price action ...
Chinese lawyers demand State Council to recall rules aimed to silence legal practitioners
October 12th, 2016
A total of 168 lawyers signed a petition letter sent to the State Council on Saturday, demanding revocation of amended regulations on law firms seen as a further attempt to silence legal practitioners critical of the authorities. The lawyers ...
CySec announced approval of a new Administrative Services Provider
October 12th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that a firm has been approved as Administrative Services Provider (ASP). According the announcement, the below firm have been approved: CITCO (Cyprus) Ltd 10 Diomidous Street, Alphamega Akropolis ...
Eurogroup approves Greece to get more bailout funds
October 11th, 2016
The Eurogroup welcomes the implementation by the Greek authorities of the set of 15 milestones in the context of the first review of the ESM programme. The Eurogroup commends the Greek authorities for adopting the necessary further measures to ...
Nasdaq and Hong Kong exchange sharing information on blockchain technology
October 11th, 2016
The Nasdaq stock market is hoping to bring its blockchain technology to the Hong Kong Stock Exchange, according to its president and chief operating officer Adena Friedman. In the city on Thursday and Friday last week to meet with ...
Oil price falls back from one-year highs, hit by OPEC deal concerns
October 11th, 2016
Oil fell back from one-year highs on Tuesday, knocked by concerns that a production cut by the world’s largest exporters might not be enough to erode a two-year old global surplus of unwanted crude oil. Oil prices jumped as ...
CySec informs CIFs regarding Capital adequacy requirements
October 11th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to inform the Cyprus Investment Firms (CIFs) regarding Capital adequacy requirements – Change in the treatment of the Investors Compensation Fund Contribution. According to the Circular, CySec informs CIFs for the ...
KPMG in the UK announces partner and director promotions
October 11th, 2016
KPMG in the UK has announced the promotion of 40 partners and 108 directors. Simon Collins, UK Chairman of KPMG, commented: “These promotions recognise some of the brightest and best talent in our firm, who have mobilised their skills ...
Microsoft and Brazilian lender are investing together in financial technology startups
October 11th, 2016
Microsoft Corp (MSFT.O) and Brazilian lender Banco Votorantim are investing together in financial technology startups, executives said in a Monday interview, as the U.S. tech company adds a new specialty to its venture capital portfolio in Brazil. Votorantim will ...
FXecosystem Announces Asia Expansion
October 10th, 2016
FXecosystem, a leading provider of institutional and retail FX outsourced connectivity services, announces expansion into Asia, with the opening of its regional headquarters in Singapore and a point of presence (POP) in the prestigious Equinix (Nasdaq: EQIX) SG1 Singapore ...