Search Results for: MoU
Citi Sees Yen at 95 Per Dollar as Intervention Fears Recede
August 22nd, 2016
Yen strengthened beyond 100 last week for second time in 2016 ‘There’s not a great deal of fear’ of intervention, Elmer says The yen will probably climb to a three-year high of 95 over the next month as Japan ...
EuroFX: How British Firms Built a Pyramid Scheme in China That Lost Millions
August 19th, 2016
The foreign exchange fraudsters hid in the cracks between international jurisdictions. As David Byrne ate breakfast at the Tongli Lakeview Hotel outside Shanghai one Sunday in April, an angry customer was waiting for him. Byrne, 52, is a British ...
CFTC charges Forex broker FXCM with Undercapitalization
August 19th, 2016
The CFTC Complaint, filed on August 18, 2016, alleges that FXCM, as an RFED in the business of offering or engaging in retail off-exchange foreign currency transactions, was required to maintain adjusted net capital of approximately $25 million on ...
UBS’ blockchain chief is leaving
August 18th, 2016
The man leading UBS’ exploration of blockchain and cryptocurrency technologies is leaving the bank, according to an internal memo seen by Business Insider. Alex Batlin is leaving “to pursue an opportunity outside of UBS” the memo written by UBS’ ...
Winning an Olympic medal comes with a tax bill
August 18th, 2016
Many of the country’s best athletes have given the U.S. big wins at this year’s Olympics, and the U.S. is going to give them something right back: a tax bill. That’s right — winning an Olympic medal comes with ...
Euronext to acquire a 20% stake in EuroCCP
August 18th, 2016
Euronext today announced it has signed a definitive agreement to acquire a 20% stake in EuroCCP, the leading CCP for pan-European equity markets, providing clearing and settlement services, for an amount of circa €14m . This follows the announcement ...
Multi-platform software wallet Jaxx now stores Dash, the seventh most valued cryptocurrency in the world
August 17th, 2016
Multi-platform software wallet Jaxx now stores Dash, the seventh most valued cryptocurrency in the world with a market cap of about $80 million. Jaxx is available across nine platforms and devices including Android and iOS Mobile, Android and iOS Tablet, Firefox and Chrome Extensions, ...
KPMG Special Administrator of Alpari UK reports compensation payment of 51.3 million
August 17th, 2016
KPMG, the Special Administrator of Alpari (UK) Limited has issued an update report to inform regarding the progress for the period 19 January 2016 to 18 July 2016. Below are highlights of the report as it was published. Executive ...
China’s Demand for Gold and its Implications for Fiat Currency
August 17th, 2016
While financial market turmoil has led a number of countries to stock up on gold, China stands out from the rest due to the sheer quantity of gold it has purchased over the last couple of years. In 2015 ...
Former Deloitte boss launch CogitalGroup; Can be a Big Four challenger?
August 16th, 2016
After weeks of speculation, the new venture by former Deloitte global chairman John Connolly and private equity house HgCapital was officially announced on Friday, though somewhat under whelmingly given the fanfare one may expect from the birth of a ...
