Search Results for: US
CySec informs that a new firm received the Cyprus Investment Firm license
August 28th, 2017
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that a new firm has been approved by the Commission as a Cyprus Investment Firm. According the announcement the firm ...
The Bank of Russia: Broker liquidity ratio to protect customer funds
August 28th, 2017
The Bank of Russia is introducing an obligation under which brokers who use customer funds in their own interests must calculate the liquidity coverage ratio. The procedure for calculating the ratio is stipulated in the Ordinance published in the ...
Oil markets roiled as Hurricane Harvey hits U.S. petroleum industry
August 28th, 2017
Oil markets were roiled on Monday after Hurricane Harvey wreaked havoc along the U.S. Gulf coast over the weekend, knocking out numerous refineries and some crude production. Gasoline prices hit two-year highs as massive floods caused by the storm ...
Russia has plans to introduce its own digital currency
August 25th, 2017
Russia has plans to introduce its own digital currency running on blockchain technology, according to First Deputy Prime Minister Igor Shuvalov. The FSB “is actively working at the international level and wants to ensure that security issues are solved ...
Two former top Société Générale Managers accused of a Libor Scheme
August 25th, 2017
U.S. authorities on Thursday charged two managers at French bank Societe Generale (SCGLY) with taking part in a scheme to manipulate the global U.S. dollar Libor benchmark interest rate. Danielle Sindzingre, 54, the bank’s former global head of treasury, ...
The EU, USA and China account for almost half of world trade in goods
August 25th, 2017
In 2016, the EU-28, the United States and China recorded by far the world’s highest trade values. Together, these countries accounted for 46 % of global exports of goods and 45 % of global imports. China recorded the world’s ...
AVA TRADE EU and iCFD agreed to pay thousands euro to settle sanctions
August 24th, 2017
The Financial Services and Markets Authority (FSMA), financial sector regulator of Belgium, has issued an announcement to inform that AVA TRADE EU Ltd and iCFD Ltd agreed settlements. The agreed settlements consist of a payment of EUR 175,000 by ...
Big four banks in Australia change loan contracts to eliminate unfair terms
August 24th, 2017
Following a commitment to further review their small business loan contracts, the big four banks have now agreed to specific changes with ASIC to eliminate unfair terms from their contracts. ASIC and the Australian Small Business and Family Enterprise ...
Elliott Wave Analysis: BTCUSD and GBPAUD
August 23rd, 2017
Elliott Wave Analysis: BTCUSD and GBPAUD Bitcoin is following our predictions very nicely for the last few days if not weeks. In the last 24 hours price made a nice spike and turn up from 3600 area where ...
ASIC permanently bans jailed company director from credit and financial services industries
August 22nd, 2017
The Australian Securities and Investments Commission (ASIC) has issued today a press release to inform that Mr Gavin Keith Hyland has been permanently banned from engaging in credit activities or providing financial services. Mr Hyland was banned following his recent ...
