Daily Archives: 07/10/2016
Trade deals – a global issue
October 7th, 2016
The annual Conservative Party conference commenced last Sunday, and the media focus was mostly about the Government’s stance on Brexit. This is hardly surprising, because Mrs May is being secretive, avoiding stoking a public spat with the EU by ...
Nasdaq Wants to Patent Blockchain Backups for Exchanges
October 7th, 2016
Nasdaq is looking to patent a way in which a blockchain can be used to record exchange transaction records. On 6th October, the US Patent and Trademark Office (USTPO) released an application for “systems and methods of blockchain transaction recordation”, ...
Federal Reserve Board takes action to bar two former foreign exchange (FX) traders of HSBC from employment in banking industry
October 7th, 2016
The Federal Reserve Board on Thursday took action to bar two former foreign exchange (FX) traders of HSBC from employment in the banking industry. Mark Johnson and Stuart Scott, former senior HSBC managers, were recently indicted for criminal wire ...
Dutch insurer rejects NN Group’s takeover proposal
October 7th, 2016
Delta Lloyd N.V. (hereafter “Delta Lloyd” or the “Company”) notes the announcement made by NN Group N.V. (“NN Group”) on 5 October 2016 and confirms that it received an unsolicited and conditional proposal from NN Group on 2 October ...
Elliott Wave Analysis On USDCHF And Crude OIL
October 7th, 2016
Elliott Wave Analysis On USDCHF And Crude OIL USDCHF USDCHF fell beneath 0.9649 low last week from where market turned sharply up so we see first signs of a completed corrective decline from 0.9884, labeled as wave E). Wave ...
LMAX Exchange announces 2015 growth figures and is on track to deliver significant profitability in 2016
October 7th, 2016
Today, LMAX Exchange releases its 2015 results that show the company delivered on its core growth objectives despite a small financial loss. The results show continued growth in institutional client acquisition and margined client funds, further global expansion, product ...
EY reports record global revenues in 2016
October 7th, 2016
EY records sixth consecutive year of record growth Solid growth across all businesses and geographical areas, including developed and emerging markets Large scale transformations and capital transactions fuel growth in Advisory and Transactions businesses Significant investment in digital transformation, ...
Oil curves move above $50 as financial confidence in crude rises
October 7th, 2016
U.S. oil futures held above $50 per barrel on Friday as the entire crude forward curve pushed above above that level in a sign that financial markets have increasing confidence in the sector. U.S. West Texas Intermediate (WTI) futures ...
Kiwibank Fintech Accelerator to scale up Kiwi start-ups
October 7th, 2016
New Zealand’s first FinTech Accelerator has been set up to turn great ideas into fledgling businesses, and could help New Zealand grow its share of a burgeoning global $1 trillion (NZD) industry. Kiwibank, Xero, Callaghan Innovation and Creative HQ ...
OSC issued a warning for alfatrade
October 7th, 2016
The Ontario Securities Commission (OSC) has issued a press release to warn investors regarding Nemesis Capital BG Limited, doing business as www.alfatrade.com. The OSC warns investors and public that Nemesis Capital BG Limited doing business as www.alfatrade.com is not ...
