Search Results for: Global Markets
Singapore FinTech Festival to return this year
May 16th, 2017
The Monetary Authority of Singapore (MAS) today announced the second edition of the Singapore FinTech Festival, to be held in Singapore from 13 to 17 November 2017. Organised in partnership with The Association of Banks in Singapore (ABS) and ...
FXCM has appointed new CEO
May 15th, 2017
FXCM Group, LLC (“FXCM Group”), a leading international provider of online foreign exchange trading, CFD trading, spread betting and related services, today announced that its Board of Directors has appointed Brendan Callan as Chief Executive Officer of FXCM Group. ...
UK foreign exchange provider to acquire international payments and FX services firm
May 15th, 2017
The Moneycorp Group has signed an agreement to acquire US-based corporate international payments business, Commonwealth Foreign Exchange, Inc. The acquisition, subject to regulatory licensing approvals, will allow moneycorp to extend the geographical reach of its payments platform, further supporting ...
The regulatory authorities of Hong Kong and UK sign Fintech cooperation agreement
May 15th, 2017
The Securities and Futures Commission (SFC) today entered into a cooperation agreement with the UK Financial Conduct Authority (FCA) to foster collaboration in support of financial technology (Fintech) innovation (Note 1). Under the agreement, the SFC and the FCA ...
Oil jumps after Saudis, Russia say supply cut to be extended to March 2018
May 15th, 2017
Oil prices jumped over 1.5 percent on Monday after the energy ministers of the world’s two biggest producers Saudi Arabia and Russia jointly said that a crude production cut would be extended from the middle of this year until ...
China shares gain on spending program
May 15th, 2017
Hang Seng China Enterprises Index on course for six-day surge Oil climbs as Russia, Saudi Arabia favor extending output deal Chinese equities rose as optimism over infrastructure spending offset concerns over the strength of the global economy, while oil surged ...
Update on Brexit
May 14th, 2017
This article looks at the background to Brexit negotiations and concludes that Britain is negotiating from a position of strength, while the EU is increasingly in a position of financial difficulty. Not only will the European Commission be forced ...
Australia will recognize Bitcoin as money and protect Bitcoin businesses, No Taxes
May 12th, 2017
Bitcoin will be treated as money in Australia by July 1, 2017, and will be exempt from goods and services tax (GST). Bitcoin traders and investors will not be taxed for purchasing and selling Bitcoin through regulated exchanges and ...
Crude’s rally took the price of a barrel back above $48 in New York
May 12th, 2017
Retailers slump on Macy’s results as bonds, gold advance Crude sustains momentum in wake of U.S. stockpile data U.S. stocks fell from records, though losses eased in afternoon trading as crude’s rally took the price of a barrel back ...
LMAX Exchange announces record high profitability in 2016
May 11th, 2017
LMAX Exchange has issued today a press release to announce record high profitability with reported annual EBITDA of £5.6m in 2016. This marks the company’s strongest financial performance to date and demonstrates its rapidly expanding footprint in the global ...
