Archives
Asian stocks fell, British pound rose; Key financial events coming up this week
July 16th, 2018
Asian stocks fell as mixed economic data in China failed to allay concern about the world’s second largest economy’s ability to the withstand the impact of the trade dispute. Crude slid and the yen traded near the weakest level ...
Investor bets $6.3 million on bitcoin to beat Berkshire Hathaway
July 13th, 2018
A “well-known cryptocurrency expert” has asked for a bet with Berkshire Hathaway that the price of a bitcoin will top the notorious crypto skeptic’s share price by 2023. Bitcoin bet: 5 years, $1.2 billion Announcing the pending deal on ...
ESMA published details of its action plan for systematic internaliser regime calculations
July 13th, 2018
The European Securities and Markets Authority (ESMA) has published details of its action plan (within its updated Q&As on MiFID II and MiFIR transparency topics) for systematic internaliser (SI) regime calculations ahead of their publication on 1 August 2018. ...
Regulators need to adopt a more pro-competitive stance to fintech – EU Parliament
July 13th, 2018
EU regulatory bodies are failing to address competition issues in their public policy towards fintech developments in financial services, according to a report prepared for the European Parliament. The document, prepared for the Committee on Economic and Monetary Affairs, ...
Asian stocks halt four weeks of losses, Pound drops; Here are the main market moves
July 13th, 2018
Asian stocks headed for their first weekly advance in five as trade tensions appeared to ease after China refrained from detailing retaliation plans against threatened U.S. tariff increases. The pound slipped on the latest woes from the Brexit quagmire. ...
cAlgo Becomes a Part of cTrader as cTrader Automate
July 12th, 2018
Spotware, an award-winning trading solutions provider, has announced the merge of cAlgo with cTrader Desktop in version 3.0. Now cAlgo has become the integral part of cTrader and is renamed to cTrader Automate. cTrader Automate is an all-inclusive algorithmic ...
The crypto-currencies that die before they have bloomed
July 12th, 2018
It has been the biggest craze in investment of the last two years – the idea that creating your own crypto-currency through an Initial Coin Offering (ICO) is the route to riches. But now an academic study has revealed ...
German supervisory authority warns for the Forex provider XMarkets
July 12th, 2018
The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) has issued a warning to inform investors and public that the operator of “XMarkets” (Celestial Trading Ltd.) has no authorisation pursuant to section 32 of the German Banking Act. ...
Investors Update: Escalating trade row haunts emerging markets stocks, Forex
July 12th, 2018
A sharp escalation of the trade war between Washington and Beijing battered emerging markets on Wednesday with Chinese stocks faltering, the yuan weakening and falling commodity prices adding to the pressure. U.S. President Donald Trump’s administration raised the stakes ...
Bitcoin is down 66%. But it still may be the future of money
July 11th, 2018
The price of one bitcoin (XBT) is now hovering around $6,400. That’s a more than 50% drop in 2018 and a 66% plunge from the all-time high of just under $20,000 that bitcoin hit in late December. Other cryptocurrencies, ...
