Search Results for: foreign exchange
This is the currency that performs best at the start of a new year
January 3rd, 2018
If you are wondering which currency, other than the U.S. dollar, to hold at the start of a new year, past trades show you’ll be better off with euros. Using data analytics platform Kensho, CNBC looked at the average ...
Asian markets advance ahead of holiday weekend
December 22nd, 2017
Australia hits another 10-year high; Kospi ticks up as Nikkei lags. Asian markets advance ahead of holiday weekend. Asia-Pacific stocks were poised to end the week modestly higher in muted trading ahead of the holidays, while volatility returned to ...
A bitcoin ETF took another step closer to reality
December 21st, 2017
A bitcoin ETF took another step closer to reality after the NYSE filed with the SEC to list two funds tracking bitcoin futures. The NYSE wants to list the ProShares Bitcoin ETF and the ProShares Short Bitcoin ETF, two ...
US dollar dropped against a host of global currencies in Asia trading on Friday
November 17th, 2017
The US dollar dropped suddenly against a host of global currencies in Asia trading on Friday after reports that US President Donald Trump’s campaign team was last month served with a subpoena requesting documents related to Russia. The Wall ...
Credit Suisse To Pay Millions For Unlawful Conduct In Its Forex Trading Business
November 15th, 2017
Credit Suisse Traders Engaged in Efforts to Manipulate Prices, Profited at the Expense of Clients, and Improperly Shared Customer Information Credit Suisse Executives Encouraged Traders to Engage in Front Running, Which Deceived and Disadvantaged Customers The Bank Will Also ...
Guidelines on hacking risks associated with internet trading in financial markets
October 30th, 2017
The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) recognise the need for effective cybersecurity management as cyber risk poses an increasingly significant threat to the integrity, efficiency and soundness of financial markets worldwide. Over ...
Oil for gold – the real story
October 27th, 2017
Following an article in the Nikkei Asia Review, which reported China will shortly introduce an oil futures contract priced in yuan, there has been some confusion about what it means. The article pointed out that in combination with existing ...
Beware of these unauthorised Forex providers
October 26th, 2017
The Autorité des marchés financiers (AMF) and the Autorité de contrôle prudentiel et de résolution (ACPR), regulators of the financial markets in France, warn the public against the activities of several websites and entities proposing Forex investments without being ...
Former HSBC Executive Found Guilty of Fraud in $3.5 Billion Currency Trade
October 24th, 2017
A U.S. jury on Monday found former HSBC executive Mark Johnson guilty of defrauding Cairn Energy (CRNZF, +0.00%) in a $3.5 billion currency trade in 2011. U.S. prosecutors have said that Mark Johnson, formerly head of HSBC’s global foreign ...
Stocks Climb in Asia; Yen Falls as Havens Retreat
September 18th, 2017
Stocks advanced in Asia following a record-breaking Wall Street session, while the yen declined as havens retreated amid optimism the U.S. favors a peaceful resolution to North Korea’s nuclear threats. Futures on the S&P 500 Index rose with equities ...
