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Indian Banking Sector to Get Injection of New Accounts - Prime Minister Proposes
- In a historic independence-day speech, India’s prime minister, Narendar Modi plans to strengthen the country’s banking sector as he rolls out a mechanism to remove the country’s cash economy, bank accounts for all.
Saturday, 16/08/2014 | 14:24 GMT by
Adil Siddiqui
European Energy Exchange Hits Highest Trading Volumes of the Year
- Trading activity on the German-based European Energy Exchange hits a yearly record. Uncertainty in global markets triggered by Russia and the middle east impact financial energy derivatives instruments.
Saturday, 16/08/2014 | 11:52 GMT by
Adil Siddiqui
Taiwan Strengthens Its Position as Offshore Yuan Banking Hub
- Financial institutions in Taiwan saw an uptake in deposits accepted in the Chinese RMB in July. The central bank saw total figures increase to $47.64 during the month, Taiwan extends its role as a offshore hub..
Saturday, 16/08/2014 | 10:01 GMT by
Adil Siddiqui
Deutsche Bank’s Structured Finance Division Undergoes Shuffle
- Tim Dowling has relinquished his position at Deutsche Bank AG, stepping down as the Head of Structured Finance and Market Risk – he will be succeeded by Daniel Britz, who will now be based out of London.
Friday, 15/08/2014 | 19:48 GMT by
Jeff Patterson
“Meet The Experts” Welcomes Its First Commodities Specialist, Ilan Levy-Mayer
- The Experts platform is pleased to announce its newest contributing expert, Ilan Levy-Mayer, Vice President of Cannon Trading Inc., who brings with him expertise in the commodities sector.
Friday, 15/08/2014 | 17:46 GMT by
Jeff Patterson
Former Citi Employee Chris Cecere Rehired Despite LIBOR Involvement
- Ex Citi employee Chris Cecere has been rehired by Brevan Howard Asset Management LLP, following his departure and involvement in manipulating the London Interbank Offered Rate (LIBOR) just two years ago.
Friday, 15/08/2014 | 15:03 GMT by
Jeff Patterson
Bitcoin Picks: DISH Starts Accepting Bitcoin, Illegal Firearms Sales Funded with Bitcoin
- A number of developments happened during this week in the world of Bitcoins - US cable provider, DISH opened its doors to Bitcoin payments, while a man was arrested for illegal firearms trafficking using Bitcoins.
Friday, 15/08/2014 | 14:22 GMT by
Jeff Patterson
Product Review: Major Banks FX Positions Exposed - A Look into eFXnews Plus
- From providing aggregated news to delivering real time sell-side trading ideas from major investment banks - eFXnews launches its eFXplus + service providing an insight into the major banks trading desks.
Friday, 15/08/2014 | 13:51 GMT by
Victor Golovtchenko
Payment Picks: Online Shopping Turns 20, France Tops Euro Fraud Lists
- The current week heralded a number of developments in the realm of payments, including the milestone of online Shopping and Ecommerce turning 20 this week, celebrating the first online credit card transaction.
Friday, 15/08/2014 | 13:42 GMT by
Jeff Patterson
Sneak Peek: Devexperts to Launch a Web-Based HTML5 Platform
- According to Devexperts, HTML5 is the right technology to create browser-based applications right now, while native applications for mobiles are currently preferred, this might change in the future.
Friday, 15/08/2014 | 09:15 GMT by
Victor Golovtchenko
Binary Options from Royal De Bank and Futur Markets Blacklisted by FINMA
- After Luxembourg's local financial authority Commission de Surveillance du Secteur Financier has exposed the companies last month, the Swiss Financial Market Supervisory Authority joins the scrutiny.
Friday, 15/08/2014 | 07:25 GMT by
Victor Golovtchenko
Linkbrokers Found Guilty of Manipulating Fees to Overcharge Clients $18 Million
- The US financial watchdog for equities trading, the SEC, has charged a regulated firm for manipulating client commissions. Linkbrokers had overcharged its clients $18 millions by misrepresenting fees.
Thursday, 14/08/2014 | 23:07 GMT by
Adil Siddiqui
PAMM Creator Partners up with Alpari Russia to Deliver an Unusual Signals Service
- All the investor needs to do is to provide money management parameters, after getting familiar with the maximum drawdown of a strategy and set how much exactly does a person will to risk on every trade.
Thursday, 14/08/2014 | 22:48 GMT by
Victor Golovtchenko
Thomson Reuters Introduces Watchlist Pulse to Its Eikon Desktop Product Line
- The Watchlist Pulse app aims to introduce a coherent process which contributes to a smoothened workflow experience for portfolio managers, analysts and traders, providing them with a set of visual data.
Thursday, 14/08/2014 | 21:41 GMT by
Victor Golovtchenko
Welcome to the 21st Century: Electronic Auction-Based Trading Replaces Silver Fixing
- The "London Silver Price" will be served by the CME Group's electronic price platform, with an algorithm designed to set the opening quotes, while Thomson Reuters will handle governance and administration services.
Thursday, 14/08/2014 | 20:14 GMT by
Victor Golovtchenko
Johannesburg Stock Exchange Sees Strong Revenues in First Half of 2014
- The Johannesburg Stock Exchange has reported a sharp rise in group revenue. The southern African venues growth was attributed to a rise in earnings from market data and the a number of new issuances.
Thursday, 14/08/2014 | 18:50 GMT by
Adil Siddiqui
BitPay hires Visa, Jumio executives for San Francisco office
Thursday, 14/08/2014 | 18:44 GMT by
Leon Pick
Nothing Like a Free Lunch for India’s Currency Traders!
- India’s latest exchange to join the pack of FX futures providers has shadowed its predecessors with news of transaction charges. The Bombay Stock Exchange will introduce commissions on FX orders from 1st December.
Thursday, 14/08/2014 | 17:20 GMT by
Adil Siddiqui
ShopRunner partners with Alibaba to sell to China
Thursday, 14/08/2014 | 16:40 GMT by
FMAdmin Someone
Darwinex's Juan Colón Reveals The Launch of DARWINs, New FX Platform
- Forex Magnates reached out to Juan Colón, the Co-Founder and CEO of Darwinex, a P2P Asset Manager, to discuss the new launch of DARWINs and the firm’s innovative new approach to forex trading.
Thursday, 14/08/2014 | 16:31 GMT by
Jeff Patterson
GAIN Capital's Forex.com Japanese Arm Acquires the FX Customers of Planex Trade
- The transition is supposed to happen seamlessly wihtput interruption of services with the company's existing customers being able to continue using the Dealbook 360 platform under the Forex.com brand.
Thursday, 14/08/2014 | 16:19 GMT by
Victor Golovtchenko
BNP Paribas Adds Veteran Nick Jenkins To Its UK Division
- BNP Paribas Securities Services has recently named Nick Jenkins as its Head of Technical, UK depository bank, helping oversee trustee and depository services at the group after 30 years of experience in the banking sector.
Thursday, 14/08/2014 | 16:16 GMT by
Jeff Patterson
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