Search Results for: MoU
SEC Announces Enforcement Action for Illegal Offering of Security-Based Swaps
June 18th, 2015
The Securities and Exchange Commission today announced an enforcement action against a company that illegally offered complex derivatives products to retail investors. The Dodd-Frank Act implemented two key requirements for any security-based swaps offering to a retail investor who ...
Banks’ Civil Forex Settlements Near $2 Billion
June 18th, 2015
Barclays, BNP Paribas, Goldman Sachs and HSBC recently signed agreements to settle case The total amount paid by banks to settle a civil lawsuit tied to allegations traders manipulated the currency market has now reached almost $2 billion following ...
Danish Firm Set to Revolutionize Cryptocurrency Industry
June 17th, 2015
CCEDK.com, a leading Danish cryptocurrency exchange, has just demolished the final barriers to mainstream acceptance of cryptocurrencies. “We have combined the strengths of digital currencies pioneered by Bitcoin with the universal acceptance of major credit cards,” said CEO Ronny Boesing. “In the ...
The Bank of Greece Report on Monetary Policy 2014-2015
June 17th, 2015
Today, in accordance with its Statute, the Bank of Greece submitted its Report on Monetary Policy 2014-2015 to the Speaker of the Greek Parliament and the Cabinet. At the time of writing of the present report, news kept unfolding, ...
Buy side should double down on scaling R&D investments
June 17th, 2015
To address declining return on investment, buy side needs to speed up the process of testing and disqualifying unworkable strategies, while allowing more resources to be invested in benchmarking and scaling up the most promising systems, according to a ...
FCA imposed £1.47bn in fines in 2014 with UBS and Citibank among worst offenders
June 17th, 2015
The Financial Conduct Authority (FCA) imposed £1.47bn (€2.04bn, $2.3bn) in fines on companies in 2014, a rise of 68% from the year before, according to a study by Kinetic Partners. The study showed the average fine imposed on businesses ...
A study on Bitcoin use in UK
June 16th, 2015
UK based Bitcoin news site Miningpool.co.uk released the results of a study on bitcoin use in the UK. According to Mining Pool, The Bitcoin Poll reveals 3 surprising facts about UK Users While looking at the results of Miningpool.co.uk ...
Bank of Russia on fine-tuning FX swap auctions
June 16th, 2015
The Central Bank of Russian Federation has issued an announcement regarding: From 16 June 2015, the Bank of Russia supplemented its system of monetary policy instruments with USD/RUB and EUR/RUB buy/sell fine-tuning FX swap auctions from 1 to 2 ...
China’s stock market is now worth over $10 trillion
June 15th, 2015
$10 trillion! That’s how much money China’s stock market is worth right now. As of the end of May, the Shanghai Stock Exchange had a total market cap of $5.9 trillion while the Shenzhen Stock Exchange clocked in at $4.4 trillion, ...
European solidarity: The future of Europe and the euro depends on political leaders
June 15th, 2015
Will a Grexit Be the Lehman-Like Trigger of the Next Global Financial Crisis? European Union leaders continue to play a game of brinkmanship with the Greek government. Greece has met its creditors’ demands far more than halfway. Yet Germany ...
