The University of Nicosia, the largest private university in Cyprus, announced today it is going to be the first university in the world to accept…
Posts published in November 2013
The often used description for venture backed firms is a jet on the runway set for takeoff. The venture fund cash is the runway, with…
NFA Arbitrators Side with FXCM in Twin Cases, Award them $100
Who said Forex brokers always come out on the short end of the stick when dealing with US regulators? In two cases brought to the…
Brazilian Real Falls, Hampered by Budget Concerns
The Brazilian real fell today even after unemployment fell, leading to speculations about probable interest rate hike. Concerns about the budget deficit did not allow the currency to profit from…
Rupiah Weaker After Fed Minutes
The Indonesian rupiah fell today as the minutes of its latest Federal Reserve monetary policy meeting showed that policy makers were considering reduction of monetary stimulus. The Fed released its policy…
Bitcoin Arbitrage, Scalping Market Inefficiencies, and Currency Market Share Gradual Shift
One of the characteristics of any new development market or exchange that attempts to attract liquidity and develop price discovery processes, is that for certain…
Minutes Show BoE Not in Hurry to Raise Rates
The Great Britain pound rose against the Japanese yen and fell against the US dollar today after yesterday’s Bank of England monetary policy minutes. The currency also maintained its rally versus…
GAIN To Issue $65 million Convertible Note In a Bid to Raise Funds
Leading online FX and CFD trading provider, GAIN Capital (GAIN), has announced that it intends to offer a $65 million aggregate principal of its convertible senior…
Congress holds second hearing on digital currencies
Following the Congressional Hearing that was held on digital currencies this Monday, the Senate Banking Committee has held their hearing on the topic as well. 7 senators from the Banking…
New Jersey trial period starts today
Today, 21 November 2013, the state of New Jersey will begin its trial period of legalized internet gambling. At 6:00pm EST, New Jersey residents will…