MAS announced changes to Finance Companies Regulations
February 14th, 2017
The Monetary Authority of Singapore (MAS) announced today regulatory changes to strengthen the resilience of finance companies and enhance their ability to provide financing to small and medium sized enterprises (SMEs). Relaxation of business restrictions with enhanced prudential standards ...
PAYMENTS SERVICE PROVIDER
February 10th, 2017
VACANCY: PAYMENT SERVICE PROVIDER Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest and most liquid market. By offering the most innovative trading tools, hiring ...
Germany repatriating gold faster than planned as confidence in euro plunges
February 10th, 2017
Berlin is bringing home its gold reserves stored in New York, London and Paris faster than scheduled, Germany’s central bank said Thursday. The move is linked to surging euroskepticism, as new governments in France and Italy may ditch the ...
ESMA assesses DLT’s potential and interactions with EU rules
February 8th, 2017
The European Securities and Markets Authority (ESMA) has issued a report on Distributed Ledger Technology (DLT). The report sets out ESMA’s view on DLT, its possible applications, benefits, risks and how it maps to existing EU regulation. ESMA’s position ...
Plus500 reports Preliminary Results for the Year 2016
February 7th, 2017
International online trading platform provider, Plus500, reports record preliminary unaudited results for the year ended 31 December 2016. Financial Highlights: · Record year with strong revenue growth due to increase in New Customers3 and Active Customers4 · Net profit ...
You must read this before start trading on Binary Options
February 6th, 2017
Online trading in Foreign Exchange (Forex) is getting more and more advanced and smarter. The introduction of new financial instruments as well as new technologies has opened many opportunities for online traders. Binary Options can be characterized as a ...
What about paying with your sunglasses?
February 6th, 2017
Because we carry our phones with us all the time that it makes sense to include mobile payment functionality on them. However what about those times it’s not convenient to bring our phones? Like at the beach or a ...
Non-committal Fed drives down dollar, dampens stocks
February 2nd, 2017
The dollar slipped to a 12-week low on Thursday and stock and bonds markets both showed caution after the U.S. Federal Reserve stuck to its mildly upbeat view of the world but gave no hint on when it will ...
World Bank is forecasting Industrial Commodities Prices to Surge in 2017
February 2nd, 2017
The World Bank is forecasting strong gains for industrial commodities such as energy and metals in 2017, due to tightening supply and strengthening demand. In its January 2017 Commodity Markets Outlook, the World Bank is holding steady its crude ...
European Central Banks reports on Euro banknote counterfeiting
February 2nd, 2017
353,000 counterfeit euro banknotes were withdrawn from circulation in the second half of 2016 Around 80% of the counterfeits were €20 and €50 banknotes All euro banknotes can be verified using the “feel, look and tilt” method Euro banknotes ...
