Posted by Naeem Aslam | 22/05/2017 08:49 In one of his most important speeches in Saudi Arabia, Donald Trump did not go off the rail. Bromance Blooms Between Trump and King Salman He certainly avoided his usual free style which he adopted during the campaign mode. Although, you can argue that there are many contradictions if one compares his rhetoric during the campaign and what he…
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The Securities and Exchange Commission (SEC) filed fraud charges against a Virginia-based mechanical engineer accused of scheming to manipulate the price of Fitbit stock by making a phony regulatory filing. According to the SEC’s complaint, Robert W. Murray purchased Fitbit call options just minutes before a fake tender offer that he orchestrated was filed on…
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BackgroundBuyers have returned in USDJPY and the medium-term bull trend is set to continue. Monthly – For the last four months we have seen spikes in both directions highlighting the volatility in USDJPY. The fact that the Marabuzo level from November 2016 still holds (109.63) offers a mild bullish bias but we do need to…
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The spreading migration to MetaTrader 5 continues After the launch of Gold-i MetaTrader 5 Gateway, the UK-headquartered integrator Gold-i announced the release of Gold-i MAM Pro for MetaTrader 5. It is an advanced post-trade allocation tool for brokers and money managers using the multi-asset HFT platform. The solution is designed for the hedging option within…
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ASIC announced that has banned Christopher Robert Con Foo (also known as Christopher Robert Confoo) from engaging in credit activities and providing financial services for a period of seven years. Mr Con Foo, a former finance business manager, arranged car finance and insurance for customers buying vehicles from South Yarra BMW, a car dealership operated…
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It was one of those weeks in Forex Industry News where things were 'all over the place'. We saw senior executive moves at ADS Securities, ArgusFX, and of course FXCM parent Global Brokerage Inc, which finally replaced CEO Drew Niv. There were regulatory actions. And, the arrest of the owner of a Binary Options brokerage…
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VeChain will become a portfolio company of PwC’s incubation program to accelerate blockchain adoption in Hong Kong and Southeast Asia.
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Hana Rado, a well-known senior business executive in Israel and Vice Chair of the Israel office of global advertising agency McCann Erickson, is apparently finalizing plans to admit to charges of insider trading in shares of Compugen Ltd. (USA) (NASDAQ:CGEN). Rado will apparently plead guilty to charges that she bought NIS 50,000 (about USD $14,000)…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that EZTrader founder and long-time CEO Shimon Citron has resigned from the company's publicly traded parent EZTD Inc (OTCMKTS:EZTD), following a several months long dispute with some of the company's board members and investors. Pursuant to the company’s bylaws, due to Mr. Citron’s resignation the entire Board…
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Bats, a CBOE Holdings, Inc. (NASDAQ:CBOE) company today welcomed a new J.P. Morgan Asset Management fund to the Bats ETF Marketplace. The J.P. Morgan Ultra-Short Income ETF (Bats: JPST) seeks to achieve its investment objective by primarily investing in investment grade, U.S. dollar denominated short-term fixed, variable and floating rate debt. As part of its…
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