Search Results for: OTC
The dollar’s strength pressured many emerging market currencies
September 28th, 2017
The dollar and U.S. bond yields rose on Thursday after President Donald Trump proposed the biggest U.S. tax overhaul in three decades and as strong U.S. economic data added to the case for a rate hike by the Federal ...
Early bitcoin investor Palihapitiya declares ‘nobody can stop it’
September 27th, 2017
Investors who followed Social Capital’s Chamath Palihapitiya into the early stages of two investments he advocated would have made an awful lot of money. Palihapitiya was early in both Facebook, the ubiquitous social network, and bitcoin, the disruptive crypotcurrency ...
Here’s why the crackdown on bitcoin in China is ‘not a real problem’ for the digital currency
September 20th, 2017
The cryptocurrency market appears to be unconcerned about a Chinese crackdown on bitcoin, the largest digital coin by market cap. On Thursday reports that Chinese regulators would require exchanges to shut down bitcoin trading triggered a sell-off of nearly ...
Top China Bitcoin exchange to stop trading
September 15th, 2017
One of China’s biggest Bitcoin exchanges has said it will stop trading, after a government warning over virtual currencies. BTCC said it would stop buying and selling on 30 September in response to tightening regulation. It comes after authorities ...
Bitcoin and ethereum slide after JPMorgan Chase boss slams cryptocurrencies as “fraud”
September 13th, 2017
JPMorgan Chase chief executive Jamie Dimon slammed cryptocurrencies as a “fraud” last night, pushing the already slipping value of Bitcoin down another notch. Bitcoin hit a three-week low today following his remarks, dropping 5.6 per cent to $3,953, while ...
Moscow Exchange launches FX fixing instruments
September 6th, 2017
From 4 September 2017, Moscow Exchange has offered instruments to trade at the MOEX FX USD/RUB and EUR/RUB fixing prices with clearing and settlement via its clearinghouse, NCC Clearing Bank. Russian banks including subsidiaries of large global financial groups ...
Bats Europe Approved as an APA Under MiFID II
August 30th, 2017
Bats Europe, a CBOE Holdings, Inc. company and the region’s largest equities exchange operator, today announced it received approval from the UK’s Financial Conduct Authority (FCA) on 24 August 2017 to operate its trade reporting facility as an Approved ...
How Bitcoin is making waves in the luxury market
August 28th, 2017
When Bitcoin and a subsequent raft of cryptocurrencies first landed in the early part of the decade, many people — including noted economists and finance experts — dismissed them as a fad. These new forms of digital money were ...
London Stock Exhange published 6 months interim results
August 7th, 2017
London Stock Exchange Group has issued an announcement to publish results for the 6 months ended 30 June 2017. According the announcement: Strong financial performance with income growth across all business areas and 23% AEPS growth Successful strategy based ...
Global fintech investment rebounds in Q2 2017
August 7th, 2017
Total global fintech investment more than doubled quarter over quarter in Q2’17 to US $8.4 billion, up from US$3.6 billion in Q1’17, according to the KPMG Pulse of Fintech report. Global M&A investment helped drive the fintech market rebound, ...
