Top stories of the day June 25
1. European officials resumed talks on Greece’s bailout on Thursday after a day of negotiations broke up in the early hours without ending the standoff that has brought the country on the cusp of a default.
With the Greek government saying it held firm in the flurry of meetings in Brussels on Wednesday, European Union officials said the talks yielded little progress and no breakthrough was in sight.
2. The Malta Financial Services Authority said that it is continuing its investigation into the misuse of clients’ assets by Maltese Cross Financial Services Ltd.
“The Authority’s investigations into the affairs of the company are still on-going. In the course of these investigations, the Authority has appointed an audit firm as a technical expert in order to assist it with certain aspects of the investigation.
Read: OSB Daily Technical Analysis-Currency Pairs
3. Australia’s securities regulator told Interactive Brokers Group Inc. to stop offering over-the-counter currency trading, saying the company doesn’t have the right license to operate in the nation.
The Australian Securities & Investments Commission is also assessing whether the U.S. firm has breached the Corporations Act, Miriam Phillips, a Sydney-based spokeswoman, said by e-mail. Caitlin Duffy, a Greenwich, Connecticut-based spokeswoman for Interactive Brokers, declined to comment when reached by Bloomberg on Tuesday.
4. Quantitative Easing in 5 key questions
On January 22, 2015, the European Central Bank (ECB) president Mario Draghi launched the institution’s Quantitative Easing (QE) program. QE is an exceptional measure, taken when traditional means of stimulating activity and growth prove ineffective.
Read: OSB G10 Currency Pairs Cheat Sheet & Key Levels
5. cTrader has won Best FX Platform 2015 by Forex Bonus Lab
cTrader is one of the freshest platforms on the market. This is quite a successful platform designed for institutional trading.
By OneStopBrokers
