Search Results for: assets
Bitfinex’s ‘Hack Credit’ Token Reaches All-Time Price High
February 2nd, 2017
Investors who lost bitcoin in Bitfinex’s high-profile August hack may be feeling more optimistic about the likelihood of recovering their funds. The price of BFX tokens – the digital assets the exchange issued as a way to provide a ‘notional credit’ to users who ...
Dollar Falls as Fed Path Assessed; Stocks Retreat: Markets Wrap
February 2nd, 2017
Investors scrutinize results from Facebook to Deutsche Bank Fed policy statement does little to alter views on rate hikes The dollar slumped against most of its major peers after the Federal Reserve gave dollar bulls little to be optimistic ...
What a leaked EU report says for Brexit
February 2nd, 2017
The European commission’s Brexit negotiators must strike a “workable” deal with Theresa May’s government to protect the City of London or the economies of the remaining member states will be damaged, a leaked EU report warns. The document – ...
Online investment advisor now offers human advice with its robo
February 1st, 2017
Betterment, the largest independent online investment advisor, announced the next evolution of the company with the release of a new service offering, expanding the company’s platform beyond a single digital product to a multi-plan advice offering that includes access ...
NASDAQ reports fourth quarter 2016 with record revenues
February 1st, 2017
NASDAQ reports fourth Quarter 2016 with record revenues1; announces segment realighment and rebranding of fixed income Net revenues were a record $599 million in the fourth quarter of 2016, up 12% year-over-year. Subscription and recurring revenues2 in the fourth ...
Dollar Hits 12-Week Low on Trump, Nikkei to Slide: Markets Wrap
February 1st, 2017
Dollar strengthens after falling Tuesday on Trump comments Japan shares erase early losses while Hong Kong stocks slump Asian stocks were mostly higher while the dollar stabilized after its worst month since March as investors weighed the impact of ...
Ingenico Group to acquire 100% of TechProcess Payment Services
January 31st, 2017
Ingenico Group announced today it has reached an agreement in principle to acquire 100% of TechProcess Payment Services Ltd (“TechProcess”), a leading Indian electronic payments services provider from its current shareholders (major global and Indian investors). Created in 2000, ...
ESMA advocates common pronciples for setting up share classes in UCITS funds
January 31st, 2017
The European Securities and Markets Authority (ESMA) has today issued an Opinion on the extent to which different types of units or shares (share classes) of the same UCITS fund can differ from one another, having found diverging approaches ...
Dollar Slips After Trump Move, Asia Stocks Decline: Markets Wrap
January 30th, 2017
Yen gains with gold; many Asia markets shut for Lunar New Year Global criticism of Trump’s ban is building across globe The dollar declined with Asian stocks as traders digested the tensions sparked by Donald Trump’s order halting some ...
Demand Soars for Colored Diamonds
January 28th, 2017
Last spring, Mahyar Makhzani, a Geneva-based fund manager, placed a 4.08-carat pear-shaped gem against special ultrawhite paper and peered at it through his eyeglass. He liked what he saw. Several days later, after 10 minutes of negotiation on the ...