Overstock.com is making the first sale of its ‘cryptobond’ securities, to First New York (FNY) Managed Accounts, an affiliate of FNY Capital. Overstock was one…
Posts published in August 2015
Deutsche Bank (DB) is researching how blockchain technology can be used for a plethora of applications as part its investment in digital initiatives over the…
After experiencing three consecutive quarters of solid FX volume results between Q3 2014 to Q1 2015, activity at Hotspot FX has been on the decline.…
Four International Banks Added to FX Manipulation Lawsuit
Standard Chartered Plc, Societe Generale SA, Bank of Tokyo-Mitsubishi UFJ Ltd. and RBC Capital Markets were added to the list of major banks sued by their…
Bitcoin Price Testing $275 Support, Litecoin Slumps Below $4
Bitcoin (BTC/USD) dropped to as low as $276.50 on Bitstamp, a one-week low, following another fruitless attempt to crack $300. Bitcoin had risen to as…
A Closer Look at Swissquote’s Forex Business in H1 2015
Last week Swissquote announced its . For the period, bottom line profits swung to a loss of $10.97 million (CHF10.6M) compared to a profit of…
Mobile payments may not have hit wide scale adoption in major markets yet, but two factors are making sure uptake is set to rise. First,…
Israeli Watchdog Warns against Algo Trading Robots
The Israeli Securities Authority (ISA) has issued a warning to the public today about the practice of algo trading or automated portfolio management. The watchdog explains this is done…
P2P lending continues to gather steam in China. This occurs even as the sector has been named as a contributor in causing the country’s stock…
Black Diamond Forex Scammers Fined $76 Million
The American Commodity Futures Trading Commission (CFTC) has announced that a U.S. District Court ruled against Keith Simmons and his company Black Diamond Capital Solutions,…