Posts published in August 2016

The Great Britain pound gained today with the help of surprisingly strong retail sales. It was just another evidence that the Brexit had no impact on Britain’s economy, at least not…

On Thursday, Dubai Financial Market (DFM), the Gulf’s only listed stock exchange, reported that it has on-boarded a new margin trading member, bringing the total…

The Australian dollar gained today following the release of a very positive employment report, though the currency has trimmed its gains as of now. Australian employers added 26,200 jobs in July, more than…

Hong Kong Exchanges and Clearing Limited (HKEX) is introducing its Volatility Control Mechanism (VCM), which acts as a measure designed to help protect market integrity…

Financial Commission, an external dispute resolution organisation that caters to the financial services industry, today announced that MaxiMarkets and Umarkets have joined as new members.…

BAML’s Asia-Pacific head of transaction banking, Ivo Distelbrink, has joined the global payment technology provider, First Data Corporation (NYSE:FDC), to lead its business in the Asia…

Australia’s leading banks may have landed themselves in hot water and could stand to lose billions after becoming embroiled in an international lawsuit launched by…

Rakuten, Inc. (TSE: 4755) today announced the opening of the Rakuten Blockchain Lab in Belfast, UK, next week. The new venture will be a dedicated…

New York Stock Exchange operator Intercontinental Exchange Inc. (NYSE:ICE) today said it is still committed to its $650 million investment in the commodities trading software…

SWIFT, a provider of financial messaging services, will be forming a High Value Payments taskforce, part of a global initiative to help police its payments…