BNY Mellon, one of the largest asset managers in the world, has taken concrete steps to remedy its net asset values (NAVs) system, which abruptly…
Posts published in August 2015
Binary Options Trading: An Educated Guess
The binary options market is an arena where any trader can gain or lose, depending on the asset outcome in one of two possible scenarios.…
NZ Dollar Suffers from Domestic Data & Negative Market Sentiment
The New Zealand dollar dropped today due to some poor macroeconomic data as well as the general risk-negative market sentiment that hurt commodities linked to growth. The ANZ Business Confidence index slid…
FFAJ Reports Q1 Volumes, Margin FX Incurs Quarterly Loss
The Financial Futures Association of Japan (FFAJ) has reported its operating metrics for the first quarter of its fiscal year ending June 30, 2015, underscoring…
Yen Feels Stronger After Jackson Hole Symposium
The Japanese yen gained today against some of its most-traded peers, including the US dollar and the Great Britain pound, thanks to the surge of risk aversion on the Forex market following the conclusion of the Jackson Hole…
GKFX Adds David Lindsay as Chief Analytics Officer
GKFX, a foreign exchange (FX) and contracts-for-difference (CFD) broker, has secured the services of David Lindsay as its newest Chief Analytics Officer, according to information…
Overstock.com’s ‘cryptosecurity’ arm, Medici, has acquired SpeedRoute, a Wall Street trade routing technology firm. Overstock, an online e-tailer, was one of the first and best…
In their 2014 annual return, marketplace lending provider, Funding Circle, reported solid growth on its platform as revenues rose 121% from £5.35 million to £11.85 million.…
Dollar Weathers Impact of China’s Stock Collapse
The week has started with a surge of risk aversion on the Forex market as the collapse of China’s stock market scared investors. Surprisingly enough, the dollar dropped against its major rivals after the event.…
The US dollar was rather soft for the most part of Friday’s session but bounced by the close with support of comments from Federal Reserve Vice Chairman Stanley Fischer. Fischer was talking…