Search Results for: Gain Capital
The Arrival Of The Credit Crisis
January 2nd, 2019
Those of us who closely follow the credit cycle should not be surprised by the current slide in equity markets. It was going to happen anyway. The timing had recently become apparent as well, and in early August I ...
Chinese Survey: 40% want to invest in Bitcoin, 98% know of Crypto
January 2nd, 2019
According to a survey conducted by PANews, routed through Chinese crypto-friendly media outlet 8BTC, 98.22% of those surveyed had heard of cryptocurrency technology, whether it be Bitcoin (BTC), Ethereum (ETH), or otherwise. The survey had 4,980 respondents, 4,200 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 ...
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 ...
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 ...
Bitcoin jumps 11%
December 18th, 2018
Bitcoin staged a minor recovery on Monday, finally topping the $3,400 level after weeks of pain. The cryptocurrency has nosedived by more than 80 percent from the all-time high hit exactly a year ago. On December 17, 2017 bitcoin ...
The main moves in financial markets; Financial events coming up this week
December 17th, 2018
Stocks traded mixed in Asia, following two weeks of losses driven by a backdrop of uncertain trade conditions and signs that some key economies are slowing. Treasury yields steadied just below 2.90 percent. U.S. equity futures advanced with stocks ...
Some forecasters remain positive on oil prices and demand going into 2019
December 12th, 2018
Despite dramatic slides in the oil market, some forecasters remain positive on prices and demand going into 2019. A year ahead outlook report from Bank of America Merrill Lynch expects Brent crude to regain its recent losses in 2019 ...
Penalty of $11 Million imposed for fraudulent commodity pool trading schemes
December 11th, 2018
The Commodity Futures Trading Commission (CFTC) announced an Order of default judgment and permanent injunction has been issued against defendants Scott Allensworth (d/b/a Capital Growth Group Associates and Cobra Development Group LLP), of Newhall, California, and his California company ...
Why China should remove all trade tariffs
December 10th, 2018
I am a Tariff Man. When people or countries come in to raid the great wealth of our Nation, I want them to pay for the privilege of doing so. It will always be the best way to ...
