Archives
Statement by Glenn Stevens, RBA Governor: Monetary Policy Decision
June 2nd, 2015
At its meeting today, the Reserve Bank of Australia (RBA) Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, but some key commodity prices are much lower than ...
Playtech Pays £460 Million for U.K. Trading Platform Plus500
June 2nd, 2015
Plus500 Ltd. agreed to a $703 million bid from Playtech Plc, two weeks after the trading platform froze customer accounts, its stock plunged and short-sellers began circling. Playtech reserved the right to walk away if needed. Playtech, an online ...
Asian stocks down as markets weigh Greece, US growth
June 2nd, 2015
Asian stocks drifted lower Tuesday as markets weighed a possible rebound in U.S. growth against doubts about Greece‘s ability to make debt payments and stay in the euro currency bloc. KEEPING SCORE: Japan’s Nikkei 225 was down 0.1 percent ...
Top news of the day, May 29
May 29th, 2015
1. China’s campaign to turn the tightly controlled yuan into a global currency is crossing a new threshold, as the government plans to make it easier for individuals and companies to invest overseas. The latest initiative, expected to be ...
Hotspot Introduces Market-Leading Standards for Liquidity Providers
May 29th, 2015
New Standards for Market Makers Designed to Provide Enhanced Transparency to the Global Electronic FX Market Hotspot, a leading institutional foreign exchange (FX) market owned and operated by BATS Global Markets (BATS), today announced new standards for Hotspot liquidity ...
Bank of Russia: On cancelling licences of professional securities market participant
May 29th, 2015
The Bank of Russia took a decision to cancel the licences of a professional securities market participant to carry out broker, dealer activity, depository activity and securities management issued to SpektrFinance, closed joint-stock company. The depository licence is terminated from 29 June 2015. From 29 May 2015, SpektrFinance, closed joint-stock company, ...
Citi Urges UK Government to Create its Own Digital Currency
May 29th, 2015
Around the same time as Accenture’s call for the UK government to regulate bitcoin wallets, Citi suggested that officials should look into creating their own digital currency. This has been revealed in the Treasury’s release of a document entitled “Digital ...
Commonwealth Bank to launch Ripple payments between its subsidiaries
May 29th, 2015
CIO of the bank, David Whiteing, believes digital currency technology like Ripple is where the future of payments is heading The Commonwealth Bank of Australia (CBA) will soon launch Ripple technology for its subsidiaries to transfer payments between them, ...
AMF issues a public warning against the activities of 14 unauthorised websites and operators
May 29th, 2015
Following questions and testimonies from French consumers, the Autorité des Marchés Financiers (AMF) draws the public’s attention to the activities of 14 websites and operators that are not authorised to provide investment services on French territory. The 14 websites ...
SEC Announces Charges Against Compliance Director Accused of Defrauding Investors and Stealing Brokerage Firm Assets
May 29th, 2015
The Securities and Exchange Commission today announced fraud charges against a Long Island man accused of fleecing investors and stealing money from a brokerage firm where he worked as the director of compliance. The SEC’s Enforcement Division alleges that ...
