New research from Wharton Business School's Vincent Glode finds that the specific tasks that workers perform in finance have a big impact on how firms compete for their services.
Read moreToday brought a great piece of news for Bitcoin exchanges across the European Union, as the European Court of Justice (ECJ) has ruled that exchanging traditional currencies for Bitcoin should be exempt from consumption taxes like value added tax (VAT). The ruling was made in response to a case that originally arose in Sweden, leading…
Read moreTradimo, the innovative online trading school, is stepping up its growth plans by opening up to third parties. The company will be extending extra opportunities to trainers and educators by allowing them to publish their content on its rapidly growing trading training website, thus creating shared revenue opportunities. In addition, Tradimo plans to widen its…
Read moreThe Cyprus Securities and Exchange Commission (CySEC) has earlier today published a clarification regarding the handling of investor and shareholder complaints against Cyprus Investment Firms (CIFs). The regulator said the announcement was made “on the occasion of the full operation of the Financial Ombudsman of the Republic of Cyprus”, which is the institution to turn…
Read moreThe Hong Kong subsidiary of international financial services giant Citigroup Inc (NYSE:C) has published a warning regarding a clone in Hong Kong. The regulated company says that the fraudulent entity is misusing its name. The fake entity's website https://hkhuaqipm.com/col.jsp?id=101 contains the names “Citi Hong Kong” and “Hong Kong Citi Group International Auction”. (At the moment…
Read moreLadbrokes PLC (LON:LAD), a gaming and betting provider, today published an update regarding the proposed merger with the Coral Group, initially unveiled on July 24, 2015. Ladbrokes said that both companies are actively engaged with the Competition and Markets Authority (CMA) in normal course pre-notification discussions and submissions. The next step should be when the…
Read moreInteractive Brokers Group, Inc. (NASDAQ:IBKR), a major US online trading services provider, keeps beefing up the capabilities of its multi-asset trading platform Trader Workstation (TWS). The set of enhancements coming along with the newest build of the platform includes ones that aim to markedly improve working with various order types. Preopen Only Time in Force…
Read moreBitcoin technology and payment processing company BitPay has teamed up with Bitcoin exchange Glidera to enable users of its open source Bitcoin wallet Copay in a number of US states to buy or sell Bitcoin. The functionality, still in beta, is available in the newest version (1.3.1) of Copay. Users to be able to use…
Read moreHong Kong Futures Exchange Limited (HKFE), HKFE Clearing Corporation Limited (HKCC), the London Metal Exchange (LME) and LME Clear Limited (LME Clear), subsidiaries of Hong Kong Exchanges and Clearing Limited (HKEx) and members of the HKEx Group, today signed a non-binding memorandum of understanding (MOU) for the proposed development of a trading link between HKFE…
Read moreNational Australia Bank (NAB) and the Australian Securities Exchange (ASX) have today announced that nabtrade, NAB Asset Management and NAB Asset Servicing (NAS) will join the ASX mFund Settlement Service. NAB is the first major bank to commit to the mFund service, launching by the end of the year. mFund is an electronic processing service…
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