Saxo Bank has just released its latest annual report, highlighting that the company’s net profit doubled to about $51 million (DKK381 million) in 2014. The…
Posts published in March 2015
After initially having a focus on the financial industry, Dataminr has found success in other sectors for its real-time data analysis product. Using social streams…
Bitcoin Price Falls Sharply Lower to 12-Day Low
Bitcoin’s price (BTC/USD) has just dropped the most since mid-February, falling 5.5% to $269 on BTC-e. The drop has sent prices to their lowest level in…
NZ Dollar Pares Losses But Remains Vulnerable
The New Zealand dollar pared its earlier losses during the Wednesday’s trading session but remains vulnerable as fundamentals, both domestic and overseas, are negative for the currency. New Zealand’s current account…
US Dollar Mixed; Dollar Index Lower
The US dollar index is lower today, while the US dollar trades mixed against its major counterparts. In a lot of ways, the dollar is “wait and see” mode as Forex traders and others…
Sterling Loses Support from Interest Rate Hike Expectations
Today’s employment data from the United Kingdom and the minutes of the latest Bank of England’s policy meeting suggested that there likely will not be an interest rate hike in the near future. Hopes…
Citibank Enlists Lum Choong Yu as Hong Kong Head of Lending
Citibank (NYSE:C) has added to its Hong Kong Operations, recruiting Lum Choong Yu as its newest head of Hong Kong Cards business and unsecured lending,…
The bankruptcy of Alpari UK, due to the unforeseen events unfolding after the Swiss franc 1.20 floor removal of January 15th, has left the brand…
Gamification has come on the forefront of many online industries, as more engaging user experience is being sought by online businesses. One of the first…
Tera Exchange, MGT Capital Merger Agreement Delayed
The reverse merger agreement that would have taken Tera Exchange public has hit a roadblock. Tera’s Bitcoin derivative platform by the US Commodity Futures Trading Commission…