Search Results for: Trading
JPMorgan considers getting into bitcoin while bank’s CEO Jamie Dimon calls it ‘a fraud’
November 23rd, 2017
The Wall Street banking giant JPMorgan is weighing up whether it could help its clients tap into a potential bitcoin futures market being prepared by the Chicago Mercantile Exchange (CME), media reported citing sources. The bank is gauging client ...
Euro rises for a 2nd day as risk appetite returns
November 23rd, 2017
The euro edged higher for a second consecutive day on Wednesday as investors adjusted positions on bets that the German coalition collapse will not have any impact on a brightening outlook for the European economy. However, currency markets were ...
Warning Signs About Another Giant Bitcoin Exchange
November 22nd, 2017
As the price of Bitcoin has soared, the virtual currency has edged toward the mainstream. Square, the fast-growing payments company run by the Twitter co-founder Jack Dorsey, has begun selling Bitcoins to ordinary consumers, and the Chicago Mercantile Exchange ...
What Drives The Oil Prices Rise
November 22nd, 2017
Oil prices rose on Wednesday as ongoing cuts of piped Canadian crude to the United States added to falling U.S. crude inventories, while expectations of a prolonged OPEC-led production cut also offered support. U.S. West Texas Intermediate (WTI) crude ...
Finance chiefs say bitcoin is ‘real’ but many think it’s in a bubble right now
November 21st, 2017
Ninety-seven chief financial officers (CFOs) on CNBC’s Global CFO Council were asked their view on bitcoin Out of the 43 that responded, 27.9 percent said the cryptocurrency is “real but in a bubble” Another 14 percent said that bitcoin ...
Individual And His Company Ordered To Pay Millions In Monetary Penalties For Investment Fraud
November 20th, 2017
The Commodity Futures Trading Commission (CFTC) obtained $1,127,855 in restitution for defrauded pool participants and $3,383,565 in civil monetary penalties in a federal court Default Judgment Order against Defendants Gerard Suite (who is known by numerous aliases, including Rawle ...
Early Market Report: Asian Shares Pulled Back On Monday
November 20th, 2017
Asian shares pulled back on Monday, with investor sentiment hurt by a retreat on Wall Street and a slide in Chinese stocks, while the euro skidded after German coalition talks hit an impasse. Spreadbetters predicted the gloom would spread ...
FCStone Financial Ordered To Pay A Penalty
November 17th, 2017
The Commodity Futures Trading Commission (CFTC) issued an order filing and settling charges against FCStone Merchant Services LLC (FCStone Merchant) for entering into multiple noncompetitive trades and against INTL FCStone Financial Inc. (FCStone Financial), a registered Futures Commission Merchant ...
Diamonds Market Review
November 17th, 2017
Sentiment improves, with wholesale jewelers busy filling Christmas orders. Record $25.3B Alibaba Singles’ Day (11/11) sales signal strong mobile buying for upcoming holiday season. Polished trading stable. Rough market cautious, with low profitability after $455M De Beers sight. High ...
Bitcoin surges to $13,500 in Zimbabwe
November 16th, 2017
Bitcoin is trading at $13,500 in Zimbabwe, at almost double the value of the cryptocurrency on international exchanges. Demand for bitcoin has surged dramatically in the cash-strapped African country after the military seized power on Wednesday. According to the ...
