Search Results for: financial markets
Currency traders would likely dump the pound in the event of a Brexit
June 23rd, 2016
If the U.K. voted to exit the European Union (EU), currency traders would likely dump the pound and send funds into the dollar, FX pros said. The Brexit referendum, which will decide whether the U.K. remains in the 28-member ...
ICAP issued a statement regarding transaction with Tullett Prebon
June 22nd, 2016
ICAP plc (IAP.L), a leading markets operator and provider of post trade risk and information services, notes the statement from the Competition and Markets Authority (“CMA”) announcing that it will consider the proposed remedy of a sale of ICAP’s ...
Toronto Stock Exchange launches new mutual fund platform
June 21st, 2016
Toronto Stock Exchange (TSX) today announced the launch of its new centralized mutual fund solution, TSX NAVex, designed to introduce operational and cost efficiencies in the processing of mutual fund transactions. TSX NAVex is a unique platform that brings ...
Foreign-Exchange Traders Staff Up for Brexit
June 21st, 2016
Many banks have slashed currencies-trading staff; now they are girding for an anticipated surge of activity stemming from this week’s U.K. vote Scott Schultz won’t be making any social plans for this Thursday evening. The co-head of foreign-exchange trading at ...
Bitcoin exchange Quoine raises $20m venture investment
June 21st, 2016
Quoine, a Singapore-based Bitcoin exchange, has closed a $20 million funding round, leveraging off the large opportunity for Bitcoin in the Japanese market, led by venture capitalists (VCs) and other ‘strategic investors’. It’s last funding round was a $2 million ...
Asia shares rise, sterling steadies ahead of Brexit vote
June 21st, 2016
Asian shares rose after a tentative start on Tuesday, cautiously extending a rally triggered by growing expectations that British voters will opt to remain in the European Union in this week’s referendum. MSCI’s broadest index of Asia-Pacific shares outside ...
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 ...
Brexit is getting the blame
June 17th, 2016
Brexit is not the most important problem facing markets, it is mounting problems in the European banks. But before looking at that systemic issue, I will summarise the Brexit position, from the trenches, in the last few days before ...
FCA charge five in alleged investment fraud
June 17th, 2016
Following an investigation by the Financial Conduct Authority Michael Nascimento (DOB: 28/06/1977); Hugh Edwards (DOB: 13/07/1982); Stuart Rea (DOB: 12/02/1968); Ryan Parker (previously known as Ryan Sell DOB 26/11/1992) and Jeannine Lewis (DOB: 15/09/1967), all of whom live in ...
cTrader supports Islamic accounts and cServer 4.3 update
June 16th, 2016
Spotware Systems announce the support of Shariah Compliant (Swap Free) accounts from all cTrader platforms. Now traders can decide when creating a demo account if their account should be made Swap Free. The functionality has been designed to meet ...
