Search Results for: ICO
CySec approved a new Administrative Services Provider firm
August 17th, 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: Apollo (Cyprus) Ltd 10 Kyriakou Matsi ...
Even Hedge Funds Can’t Understand Today’s Manipulated Markets
August 16th, 2016
One of the big surprises of the past few years is the number of brand-name hedge funds reporting terrible results. Their customers are not amused: Hedge Funds Are Losing Endowments After Exodus of Pensions (Bloomberg) – ...
Online lender secures record-breaking $52.5 million FinTech funding
August 11th, 2016
Finova Financial’s industry-first, cloud and mobile-based consumer auto title lending platform has raised $52.5 million in a combination of equity and a credit facility, one of the largest initial rounds in FinTech industry history, Finova announced today. The funding round ...
Asia mostly lower as oil retreats further; BOK keeps rates steady
August 11th, 2016
Asia markets were mostly lower on Thursday following U.S. losses, with sentiment likely driven by Wednesday’s oil price falls and anticipation of another data deluge from China on Friday. In Australia, the benchmark ASX 200 slid 35.71 points, or 0.64 percent, ...
CySec: Administrative Services Provider waived its authorization
August 10th, 2016
The Cyprus Securities and Exchange Commission (CySec) announces that, on 15th of March 2016, the Company Providing Administrative Services Navicorp Trust (Cyprus) Limited (the ‘Company’), waived its authorization pursuant to section 16(1) of the Law Regulating Companies Providing Administrative Services and Related ...
Saving the system
August 10th, 2016
Monetary policy, we are told, is all about staving off recession and stimulating economic growth. However, not only is monetary debasement in any form counterproductive and destroys the personal wealth of the masses, but the economists who devised today’s ...
Alibaba makes VR payments play
August 10th, 2016
Chinese web behemoth Alibaba is working on bringing its payments clout to VR, developing technology that will let people buy goods in a virtual world by making physical gestures. The company’s Ant Financial unit is developing a system that ...
Jack Ma Is Opening His Wallet to Europe But Not to Europeans
August 8th, 2016
Payments powerhouse Alipay ramps up search for retail partners Targets Chinese tourists, expats; no offer for local consumers Jack Ma will set a bag aside for you at your favorite Paris store or hail you a ride in Rome ...
DGCX reports 49% growth from last year
August 3rd, 2016
DGCX Volumes Shine Amidst Market turmoil July 26, 2016 saw the highest ever daily volume with 176,645 contracts DGCX reached a new high on Open Interest of 381,456 Contracts on July 29, 2016 Post Brexit average daily volumes on ...
Europe eyes lackluster open; bank earnings in focus
August 3rd, 2016
European stocks traded slightly lower on Wednesday but banking stocks, thanks to results from HSBC and Societe Generale, rallied as investors digest some more earnings and a fall in the oil price. The pan-European STOXX 600 was down 0.28 percent. Banks in ...
