Search Results for: brokers
Visa CEO Predicts 100 Million Contactless Cards in a Year
November 6th, 2018
Visa Inc. has been talking up contactless payments lately, though its executives and spokespersons usually dole out percentages rather than hard numbers to describe what is still a minuscule market in terms of card numbers and transaction volume. But ...
Swap dealer ordered to pay a $900,000 fine
November 6th, 2018
National Futures Association (NFA), a self-regulatory organization for the U.S. derivatives industry, has issued a press release to inform that has decided to order New York, NY swap dealer Mizuho Capital Markets LLC (Mizuho Capital) to pay a $900,000 ...
British Pound rallies on hopes for a UK customs deal Brexit agreement
November 6th, 2018
The pound rallied on Monday after a report said Britain was nearing a deal for leaving the European Union and that an all-UK customs arrangement would be part of it. The currency was lifted by the Sunday Times report ...
EU needs single anti-money laundering authority, says thinktank
November 5th, 2018
The European Union should set up a single anti-money laundering (AML) authority with the power to levy big fines to tackle the stream of scandals across member states, Brussels-based thinktank Bruegal has said in a new report. The thinktank ...
Stocks in Asia retreated at the start of the week; Key financial events coming up this week
November 5th, 2018
Stocks in Asia retreated at the start of the week after optimism over a potential U.S.-China trade deal ebbed in recent days. The yuan dropped, drawing little help from Chinese President Xi Jinping’s pledges to ease trade barriers. Shares ...
Euro area unemployment at 8.1% in September 2018; In Czechia, Germany and Poland the lowest rates
November 2nd, 2018
The euro area (EA19) seasonally-adjusted unemployment rate was 8.1% in September 2018, stable compared with August 2018 and down from 8.9% in September 2017. This remains the lowest rate recorded in the euro area since November 2008. The EU28 ...
Hong Kong unveiled first set of rules governing the cryptocurrency market
November 2nd, 2018
Hong Kong’s financial watchdog unveiled on Thursday a comprehensive set of regulations governing cryptocurrencies in a move to enhance investor protection which analysts believe could help make the city a major trading centre for virtual assets, analysts said. The ...
LPL Financial fined millions
November 1st, 2018
The Financial Industry Regulatory Authority (FINRA), a not-for-profit organization dedicated to investor protection and market integrity in USA, has issued an announcement to inform that it has fined LPL Financial, LLC $2.75 million for complaint-reporting and AML program failures ...
ISXPay®: deposit taking via own BIC: ISEMCY22XXX
October 31st, 2018
Highlights IBAN based accounts now being issued, following successful testing and certification of Software Client Funds deposited with zero credit risk under EU’s “Eurosystem” Central Banking system Bi-directional bank to bank transfers live on 04th December 2018 across EEA/SEPA ...
Gold Is Becoming Cool Again
October 31st, 2018
The sentiment shift is still subtle, but it’s both real and widespread. After a few years of being ignored and/or dismissed as basically useless, gold is cool again, attracting positive press and increasing accumulation by big investors. India, for ...