Search Results for: Trading
NAAM and its owner to pay more than $1.6 million in illegal precious metals transactions
June 14th, 2017
Federal Court Orders Florida-Based North American Asset Management, LLC, Alexi Bethel, and Steven Labadie to Pay More than $1.6 Million in Restitution and a Civil Monetary Penalty for Engaging in Illegal, Off-Exchange Precious Metals Transactions Court Also Imposes Permanent ...
Stocks, Currencies Mixed Ahead of Fed; Oil Slumps
June 14th, 2017
China retail sales, output match forecast, Aussie dollar rises Treasury yields steady; South Korea’s Kospi gives up gains Asian equities were mixed, with solid gains in Australia and New Zealand offset by China, where markets weakened despite data showing ...
Forex provider restricted to carry on all activities for which it is licensed
June 13th, 2017
The Securities and Futures Commission (SFC) today issued a Restriction Notice on IDS Forex HK Limited prohibiting the firm from carrying on all activities for which it is licensed, disposing of or dealing with any assets held by it ...
Elliott Wave Analysis: GBPUSD and USDCAD Both Breaking Lower
June 13th, 2017
Elliott Wave Analysis: GBPUSD and USDCAD Both Breaking Lower Cable fell sharply to the downside last week which has been technically expected after we identified a bounce up into a corrective wave 2 with limited upside near 1.2960-1.3000. A ...
U.K. currency near lowest since April; Asia-Pacific stocks advanced
June 13th, 2017
Asia Stocks Climb as Tech Rout Eases; Pound Flat U.K. currency near lowest since April after election upheaval Investors looking to central bank policy meetings this week Asia-Pacific stocks advanced as the global selloff in technology shares showed signs ...
ESMA Issues Positive Opinion on Short Selling Ban by Spanish CNMV
June 12th, 2017
The European Securities and Markets Authority (ESMA) has issued an official opinion agreeing to an emergency short selling prohibition, for a period of one month, by the Comisión Nacional del Mercado de Valores (CNMV) on net short positions in ...
Bitcoin bulls runs wild as cryptocurrency surges above $3000
June 12th, 2017
Bitcoin traded above $3,000 for the first time on Sunday, continuing this year’s massive surge and helped by increased demand from Asia-based investors. After trading in a range for the last week, bitcoin climbed to an all-time high Sunday ...
Citigroup Global Markets Australia pays $50,000 in infringement notice penalty
June 9th, 2017
Citigroup Global Markets Australia Pty Ltd (‘Citigroup’) has paid a penalty of $50,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (‘MDP’). The MDP had reasonable grounds to believe that Citigroup had contravened ...
Oil prices pinned down by strong dollar, supply worries
June 9th, 2017
Oil prices were little changed on Friday, clawing back earlier declines, amid a variety of market impacts including a rising dollar as returns from the U.K election came in and concerns the ongoing concerted effort by Middle Eastern and ...
UK pound tumbled, Asian stocks and U.S. futures gain while yen and gold decline
June 9th, 2017
May’s Conservative party forecast to win without majority Asian stocks, U.S. futures gain while yen and gold decline It wasn’t a day to rival the Brexit vote. While the pound tumbled as the U.K. faces a hung parliament and ...
