Abu Dhabi based ADS Securities has announced the public launch of its new institutional multi-asset trading platform, OREX Optim. According to the firm, the launch…
Posts published in November 2013
Bitcoin Prices Lead EXANTE Distributed Fund to Financial History
The surge in prices of bitcoins haven’t only enriched early adopters, but have also led to a bitcoin based fund to become rated as the…
Ecommerce giants extend Black-Friday and Cyber-Monday sales days
With Thanksgiving just around the corner, the biggest Ecommerce websites are gearing up for Black-Friday and Cyber-Monday sales, with each one trying to take top…
eBay plans a second round for China
eBay is planning on getting back into the Chinese market. Devin Wenig, President of eBay Marketplace shared in an interview with the Wall Street Journal…
Chinese texting app to rival Alipay
Alipay seems to have found a competitor in the form of WeChat. WeChat is a Chinese mobile texting app similar to , and allows in…
Amazon talks with Indian government on FDI restrictions
Amazon.in, the Indian subsidiary of Amazon, is in negotiations with the Indian government to ease on their Foreign Direct Investment (FDI) policy for Ecommerce entities.…
Dollar Shows Mixed Weekly Performance
The US dollar rallied against the Japanese yen and commodity currencies this week, but was unable to beat the euro and the Great Britain pound. Speculations about quantitative easing tampering in December (Dectaper)…
China to Embrace Energy Futures in Shanghai Free-Trade Zone
The Shanghai Administration of Industry and Commerce, a regional government organisation that is responsible for market surveillance and law enforcement concerning industry and commerce in Shanghai, has…
Euro Rises, Closes at Highest Since October 2009 vs. Yen
The euro rose on the last trading session of the week as German business climate improved and the German economy grew, leading to hopes about economic recovery in the rest of the eurozone. The Ifo Business Climate Index for industry…
Canadian Dollar Drops, Attempts to Hold Ground
The Canadian dollar fell yesterday’s as the inflation figure disappointed traders with long positions on the currency. By the end of the trading session, the loonie erased most of the losses versus the greenback and rose against the yen. The seasonally…