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CFTC orders Futures Commission Merchant and its controller to pay a $150,000 Penalty

May 10th, 2016 (0)
Cunningham also Penalized for its Failure to Immediately Report a Customer Residual Account Deficiency and for its Failure to Report Special Account Positions Held by Large Traders The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing ...

Gaming preferences and payment methods across the world

May 9th, 2016 (0)
The Internet has introduced new levels of comfort and convenience to contemporary society. Online, we can avoid suffering in long queues, stressing over decisions, or wasting time looking for something specific. Even children know that almost everything you could ...

Christine Lagarde: IMF chief says ‘we are on alert’ when assessing risks to global growth

April 6th, 2016 (0)
International Monetary Fund Managing Director Christine Lagarde amped up calls for stronger action by world’s economies to boost growth, warning that downside risks were increasing without decisive action. In a speech at Goethe University of Frankfurt on 5 April, ...

Amazon Payments Launches Global Partner Program

April 5th, 2016 (0)
Amazon (NASDAQ: AMZN) today announced the launch of the Amazon Payments Partner Program, a new global program designed to help ecommerce platform providers and developers extend the trust and familiarity of Amazon Payments to their merchant customers. The Amazon Payments ...

CySec imposed an Administrative Fine of €235.000 on a Cyprus Investment Firm

March 31st, 2016 (0)
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors that, at its meeting held on January 18, 2016, the Commission decided to impose a total administrative fine of €235.000 to the CIF Ouroboros Derivatives Trading ...

Oil prices fall 3 percent as investors focus again on glut

March 30th, 2016 (0)
Oil prices fell about 3 percent on Tuesday, reflecting growing concern that a two-month rally was fading as demand fails to keep up with swelling global supply, including new output from Kuwait and Saudi Arabia. Prices bounced, but only ...

Financial Policy Committee statement from its policy meeting, 23 March 2016

March 29th, 2016 (0)
1. The Bank of England’s Financial Policy Committee (FPC) assesses the outlook for financial stability by identifying the risks faced by the financial system and weighing them against the resilience of the system.  In doing so, its aim is to ...

Oil to rebound to around $50 by year end – Saxo Bank

March 28th, 2016 (0)
Several factors are helping oil prices gain ground The past two months of oil price volatility have taken its toll on the financial markets, with the main culprits for this dramatic price fall being excess production, concerns about a ...

Helicopter Money: Global Central Banks Consider Distributing Money Directly To The People

March 24th, 2016 (0)
Should central banks create money out of thin air and give it directly to governments and average citizens? If you can believe it, this is now under serious consideration. Since 2008, global central banks have cut interest rates 637 ...

ASX chief Elmer Funke Kupper quits in face of investigation

March 22nd, 2016 (0)
The head of the Australian Securities Exchange, Elmer Funke Kupper, has quit his $3.5 million a year job over allegations that he knew of a $200,000 payment to the family of Cambodian strongman prime minister Hun Sen. The $200,000 payment was made when Mr Funke Kupper was ...
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