This article was written by Michael Oyebamiji, an FX analyst with major focus on G-10 currencies. A couple of days ago, the Reserve Bank of…
Posts published in August 2016
One of the most meaningful data points on the American retail online forex trading market in the last few years came out on Friday afternoon…
Chain Inc., the company that , has announced its partnership with the Initiative for Cryptocurrency and Contracts (IC3) – created by Cornell University, Cornell Tech, UC Berkeley, University of Illinois…
Brexit Fallout Could Mean Positive News for US Banks
It is just a matter of time before US banks operating in the UK and European Union have some potential regulatory and staffing matters to…
Heather Cox Parts Ways with Citigroup’s Fintech Unit
Heather Cox, the head of Citigroup Inc’s financial-technology unit, is reported to be leaving the bank for a position with Texas-based diversified financial services provider,…
The US Commodity Futures Trading Commission (CFTC) announced today that a Florida court has granted the CFTC’s motion for entry of a final default judgement…
Interactive Brokers Folds Retail Forex in US
Finance Magnates has learned that US clients of forex brokerage Interactive Brokers have been contacted by email informing them that effective 1 September, 2016, only…
The US Commodity Futures Trading Commission (CFTC) announced today that a California court has ordered Ralph Metters to pay a $500,000 penalty resulting from fraudulent…
Cyber Attacks Pose Increasing Threat to Financial Sector
Financial malware attacks have seen a 16 percent rise in the second quarter of this year, according to data published today in Computer Weekly. Increase in…
No Gold Medals for Waste, Corruption….or Smog
As the first week of the Rio Olympics comes to an end, editor Avi Mizrahi, gives his verdict on an article discussing some of the…