Search Results for: UBS
Will coffee futures recover in 2018?
January 11th, 2018
Coffee prices fared poorly last year, despite (depending on which analysis you follow) ideas of another world production deficit. The impact of the shortfall, evident in downbeat export data from Brazil and Vietnam, was muted by the extent to ...
FCA fines and bans former RBS trader
January 9th, 2018
The Financial Conduct Authority (FCA) has imposed a financial penalty of £250,000 on former Royal Bank of Scotland (RBS) interest rate derivatives trader, Neil Danziger, and prohibited him from performing any function in relation to any regulated financial activity. ...
How quickly will the dollar collapse?
January 8th, 2018
This might seem a frivolous question, while the dollar still retains its might, and is universally accepted in preference to other, less stable fiat currencies. However, it is becoming clear, at least to independent monetary observers, that in ...
Ethereum Rises Above $1,000 for the First Time as Ripple Soars
January 5th, 2018
Even as the arguable star of 2017 Bitcoin stalls thousands below its all-time high, the third largest cryptocurrency by market value, Ethereum, is soaring to new records Thursday. For the first time ever, Ethereum prices rose above $1,000 per ...
Defendants sentenced in FCA prosecution of £1.4 million investment scheme
December 21st, 2017
Samrat Bhandari, Dr Muhammad Aleem Mirza, Michael Moore and Paul Moore, each of whom played a role in the operation of an investment scheme which led to investors losing just over £1.4 million, appeared at Southwark Crown Court to ...
Broker charged with giving special access to IPOs for cash kickbacks
December 20th, 2017
The Securities and Exchange Commission charged a Wall Street stockbroker with illegally accepting more than $1 million in undisclosed kickbacks for giving certain customers preferential access to lucrative IPOs, enabling them to reap major trading profits in the secondary ...
Early investors review: Asian stocks mixed, Japanese yen slipped
December 20th, 2017
Asian stocks were mixed on Wednesday as U.S. legislators headed toward the final passage of a tax-cut package that has helped spur optimism of faster American economic growth and lift global equity gauges to historic highs. Japan’s Topix index ...
Europe, Brexit and the credit cycle
December 18th, 2017
Europe’s financial and systemic troubles have retreated from the headlines. This is partly due to the financial media’s attention switching to President Trump and the US budget negotiations, partly due to Brexit and the preoccupation with Britain’s problems, ...
Interactive Brokers LLC pays $250,000 penalty
December 14th, 2017
Interactive Brokers LLC (‘Interactive’) has paid a penalty of $250,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (‘the MDP’). The MDP found it had reasonable grounds to believe that Interactive had breached ...
Monetary update for the dollar
December 1st, 2017
A dispassionate look at the quantities and flows of fiat dollars tells us much about the current state of the US economy, and therefore prospects for the dollar itself. This is a starting point for understanding the dynamics likely ...
