Monthly Archives: September 2016
FXPRIMUS launches innovative new PAMM SERVICE
September 28th, 2016
FXPRIMUS has issued a press release to announce the launch of its new PAMM Service. Below is the announcement as it was published by FXPRIMUS: Further to an intensive research and development project arising from our clients’ requests for an ...
U.S. Securities and Exchange Commission to Host Public Fintech Forum
September 28th, 2016
In an announcement today, the Securities and Exchange Commission said it will host a public forum to discuss Fintech innovation at its Washington D.C. headquarters in November. The Securities and Exchange Commission (SEC), the federal body which serves as ...
Most Emerging Stocks Decline Before Oil Talks as Ringgit Weakens
September 28th, 2016
Financial and energy shares pace drop among industry groups Taiwan’s financial markets remain shut because of typhoon Most emerging-market stocks fell, led by financial and energy companies, as investors awaited a meeting of major oil producers seeking an output ...
Dollar edges up from one-month low v.s. yen; euro nurses losses
September 28th, 2016
The dollar rose versus the yen on Wednesday, while the euro nursed its losses after retreating on concerns over the health of the European financial system. The dollar JPY= rose 0.2 percent to 100.69 yen, regaining some footing after ...
Oil Services Company Paying $140 Million Penalty for Accounting Fraud
September 28th, 2016
The Securities and Exchange Commission today announced that oil services company Weatherford International has agreed to pay a $140 million penalty to settle charges that it inflated earnings by using deceptive income tax accounting. Two of the company’s senior ...
Wednesday, September 28: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
September 28th, 2016
OSB Commodities & Equity Indices Cheat Sheet & Key Levels for September 28. Gold Open 1342.00, High 1343.50, Low 1327.70, Close 1330.40, -1.02% Changed. Silver Open 19.51, High 19.61… View table below
Wednesday, September 28: OSB G10 Currency Pairs Cheat Sheet & Key Levels
September 28th, 2016
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for September 28. EURUSD Open 1.1254, High 1.1259, Low 1.1191, Close 1.1210, -0.38% Change. GPBUSD Open 1.2973 High 1.3026… View table below
African fintech hubs join global initiative
September 27th, 2016
South Africa-based AlphaCode and Kenya’s Nest have joined fintech associations and network providers from more than 20 countries in the Global Fintech Hubs Federation (GFHF), aimed at fostering innovation across the global financial services industry. The GFHF is an initiative of ...
Bitcoin-Inspired Technology Starts to Reshape Currency Markets
September 27th, 2016
Product likely to lower the costs of cross-border transactions Bitcoin-inspired ledger technology is taking its first steps in foreign-exchange markets. Companies that provide payments systems to banks are unveiling products that use distributed ledgers to lower the costs of ...
Cartier win battle against counterfeit websites
September 27th, 2016
Counterfeiters beware – a recent court decision was good news for luxury companies. In a decision which should be well received by the luxury goods sector, the Court of Appeal recently upheld the High Court’s landmark 2014 decisions in ...
