Search Results for: US
KYC/Risk Assessment & FATCA/CRS solutions for Cyprus Companies
June 22nd, 2016
The responsibilities of Compliance Departments within organizations have significantly increased over the last few years and a software solution that accommodates the latest Cyprus and International developments, as well as constant changes in the AML legislation is a must. ...
Europe expected to pause after strong gains
June 21st, 2016
European stocks traded slightly lower on Tuesday, taking a breather after sharp gains seen in the previous session following polls that allayed fears of a Brexit. The pan-European STOXX 600 was down 0.13 percent with major bourses and sectors pointing in ...
CFTC ordered a $2.4 Million penalty for Illegal Off-Exchange Precious Metals Transactions
June 21st, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge Beth Bloom of the U.S. District Court for the Southern District of Florida granted the CFTC’s motion for entry of final default judgment Order against Defendants Harvard Assets LLC (Harvard ...
CySec suspends the license of a Cyprus Investment Firm
June 21st, 2016
The Cyprus Securities and Exchange Commission (CySec), has issued an announcement to inform that the Commission has decided to suspend the licence of a Cyprus Investment Firm. The authorisation of the Cyprus Investment Firm ‘AirFinance Pro Ltd’, with number ...
Elliott Wave Analysis: Bigger Corrective Wave Unfolding On USDCAD; Possible Reversal Around 1.3450
June 17th, 2016
USDCAD has been trading quite aggressively lower earlier after a decisive break out of an upward channel connected from May of 2015 lows, which was an important evidence for a change in trend. That said, price of USDCAD is ...
HSBC to pay $1.575 billion, ending Household International class action
June 17th, 2016
A unit of HSBC Holdings Plc (HSBA.L) said on Thursday it will pay $1.575 billion to end a 14-year-old shareholder class action lawsuit stemming from the Household International consumer finance business that the British bank bought in 2003. HSBC ...
UAE businessman pays out £3.4m for number plate ‘1’
June 16th, 2016
After successful auction bid of 18 times reserve price, Arif Ahmed al-Zarouni says: ‘My ambition is always to be number one’ A car registration plate bearing just the number one fetched AED 18m (£3.4m) at auction in the United Arab ...
Elliott Intraday Analysis On German DAX And USDCAD
June 16th, 2016
German DAX DAX fell after the FED meeting together with other indicies. On the intraday chart, we expected a higher pullback but DAX did not find enough buyers to go higher in wave 4. Latest three wave move to ...
Moscow Exchange increases initial marging in some FX futures because of volatility due to Brexit referendum
June 16th, 2016
Due to the UK referendum on membership of the European Union on 23 June 2016, volatility in some instruments traded on Moscow Exchange may potentially increase. To mitigate risks to member firms and NCC Clearing Bank (the central counterparty), ...
Elliott Wave Analysis: Minor Corrective Wave 2 Within Downtrend On AUDUSD
June 15th, 2016
AUDUSD has turned down from 0.7834 high in May after wave C-circled completed a big corrective wave IV flat pattern. A flat has a 3-3-5 sub-wave structure, so it was a contra-trend movement that should send price back to ...
