Archives
FB suffers legal blow in EU court
October 4th, 2019
Facebook on Wednesday was dealt a major blow in the EU’s top court, which ruled that national courts in Europe can order online platforms to remove defamatory content worldwide. The decision will be seen as a victory for EU ...
Interdealer Brokers ordered to Pay $25 million for fraud in FX options markets
October 3rd, 2019
The U.S. Commodity Futures Trading Commission announced that it issued orders filing and settling charges against two interdealer brokers: BGC Financial, LP and GFI Securities, LLC. The orders find that brokers employed by BGC and GFI on their respective ...
Teenage trader lost £500,000 as he
led luxury lifestyle with supercars
October 3rd, 2019
A teenager who drove luxury cars while claiming to be a millionaire trader lost £500,000 of investors’ cash and has been reported to authorities. Morgan Reeve, from Hunstanton, set up Morgan FX Limited in July last year and bragged ...
iSignthis announced annualised Paydentity GPTV exceeds A$1.9bn in Sept 2019
October 3rd, 2019
iSignthis has issued an announcement to present further operational update as at 30th September 2019. In accordance the announcement: The Paydentity™ Ecosystem is progressively providing more features and capabilities to our EU based business customers. It gives me great ...
U.S Dollar steadied or fell against most major currencies
October 2nd, 2019
Worries about a slowing U.S. economy and the possibility of further interest rate cuts in the wake of weak U.S. manufacturing data kept the dollar pinned down on Wednesday, as investors sought shelter elsewhere. The greenback steadied or fell ...
UPDATE: European stocks reversed early losses to trade higher on Monday
September 30th, 2019
European stocks reversed early losses to trade higher on Monday, with market focus attuned to developments in the U.S.-China trade war. The pan-European Stoxx 600 edged up by around 0.4% during mid-afternoon trade, with construction and material stocks gaining ...
CySEC announced the suspension of the license of a Cyprus Investment Firm
September 26th, 2019
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement to inform that on the 24th of September 2019, has decided to suspend the license of a Cyprus Investment Firm. In accordance with the CySEC’s announcement: The authorisation of ...
The most common way of transporting traded goods to and from Europe
September 26th, 2019
In 2018, the total value of the EU’s imported and exported goods transported by sea to non-EU countries was EUR 2 006 billion. Sea transport accounted for 47% of goods exported and 55% of goods imported. The second most ...
Pound Sterling plunges on Brexit uncertainty
September 26th, 2019
“The pound has fallen below $1.24 on Brexit uncertainties, more than offsetting initial gains following the Supreme Court ruling.” Lloyds The Pound to Euro exchange rate is +0.04% higher @ €1.12899 on 26.09.2019 The Pound to US Dollar exchange ...
CySEC announces the withdrawal of the authorisation of a Cyprus Investment Firm
September 23rd, 2019
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement to inform investors and public for its decision to withdraw the authorisation of a Cyprus Investment Firm. In accordance the CySEC’s announcement, CySEC on its meeting of 9th September ...
