Search Results for: assets
Some Financial Heavyweights Just Invested in a Trading Platform Linked to Bitcoin
June 10th, 2015
Symbiont, which plans to use bitcoin’s underlying technology to make it quicker and cheaper to transfer assets between buyers and sellers, has won the backing of several financial industry heavyweights. The company, according to a statement Tuesday, has raised ...
EY escalates battle against cybercrime with launch of first-of-its-kind managed security operations center
June 10th, 2015
In an environment where cybercrime is an increasing threat for organizations across the globe, EY today announces the launch of its Managed Security Operations Center (SOC) services. The high-end and bespoke service is designed to meet the unique cybersecurity ...
ASIC Developer Bitmine AG Goes Bankrupt, Faces Lawsuits
June 9th, 2015
Swiss ASIC miner developer Bitmine AG was officially declared bankrupt by the local court of Bellinzona, Switzerland, in May 2015. All accounts, assets and company documents have been handed over to the Swiss justice ministry and are under investigation. ...
Trading Technologies Will Connect to Nasdaq’s European Commodities Market
June 9th, 2015
Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, and Nasdaq today announced TT will introduce connectivity to Nasdaq’s European commodities operations, including the exchange group’s Nordic benchmark power market and German power contracts, through ...
Strengthening the international community’s fight against offshore tax evasion
June 8th, 2015
Australia, Canada, Chile, Costa Rica, India, Indonesia and New Zealand join multilateral agreement to automatically exchange information In a boost for international efforts to strengthen co-operation against offshore tax evasion, seven new countries have joined the agreement to exchange ...
What Would Happen If Mainstream Investors Discovered Gold?
June 8th, 2015
China, India and Russia are accumulating a lot of gold, but they’re virtually alone. Traditional money managers, for a variety of reasons, view the metal as neither a viable investment (because it doesn’t pay interest) nor a substitute for ...
Justice Department Readies New Bank Settlements
June 5th, 2015
Federal and state officials are preparing the next round of billion-dollar mortgage settlements involving U.S. and European banks Up to nine banks are in line for the next round of billion-dollar payments related to soured mortgages as federal and ...
ICAP Said to Consider Circuit Breakers for Treasury Bond Trading
June 5th, 2015
ICAP Plc, which runs one of the world’s biggest electronic Treasury trading platforms, is considering circuit breakers as a safeguard against extreme volatility, according to a person familiar with the matter. ICAP has discussed with clients the possibility of ...
IMF Urges Fed to Wait on Interest Rates Until 2016
June 5th, 2015
The International Monetary Fund on Thursday slashed its forecasts for U.S. economic growth, calling for the Federal Reserve to hold off its first rate increase in nearly a decade until 2016. In its annual review of the U.S. economy, ...
Bank of England maintains Bank Rate and votes the size of the Asset Purchase Programme
June 4th, 2015
The Bank of England’s Monetary Policy Committee at its meeting on 3 June voted to maintain Bank Rate at 0.5%. The Committee also voted to maintain the stock of purchased assets financed by the issuance of central bank reserves ...