The 1990s catchphrase of globalization and the immense possibilities surrounding the new technological age initially seemed like something of a Trojan horse in retrospect. Almost…
Posts published in February 2017
Pound Slides vs. Dollar & Yen, Driven by Brexit Fears
The Great Britain pound slid against the US dollar and the Japanese yen today as the Brexit uncertainty continued to drive moves of the currency. Meanwhile, one of the Bank of England policy makers said that an interest…
eToro Launches New Marketplace for Asset Managers
eToro, one of the biggest social trading websites in the industry, has announced a new product. The company is launching a new fund marketplace called…
The European Securities and Markets Authority () has issued a report on blockchain (or distributed ledger technology DLT as ESMA prefers to refer to it) regarding…
Deutsche Börse, LSE Merger on Track Despite Few Concessions Offered
The landmark merger between Deutsche Börse and the London Stock Exchange Group (LSE) is barrelling ahead despite widespread resistance from European exchanges and regulators. Still,…
, a blockchain-based initiative aimed at disrupting the short-term recruitment sector, has already raised just over $4 million in cryptocurrency with its crowdfund which will end…
Economic Data Doesn’t Make Yen Move
The Japanese yen did not move far following the release of macroeconomic data from Japan and the Summary of Opinions at the central bank’s January policy meeting. The Bank of Japan demonstrated a relatively positive view…
In an aggressive statement against FXCM, Darwinex, a UK-based social trading broker and asset manager, said that it has terminated all business partnerships with the…
GAIN Capital has signed a definitive agreement with FXCM to buy the foreign exchange broker’s US client base. The news comes after Monday’s news that…
European Assets Look Too Risky, Euro Suffers
The euro fell against the majority of its most-traded counterparts as looming elections in several European countries and concerns about Greece’s debt made investors think that it is too risky to invest…