Russia’s Finance Minister Anton Siluanov today said that his country will take steps to legitimize cryptocurrencies through government registration and regulation, which makes Russia the…
Posts published in September 2017
Interactive Brokers (UK) Ltd, the British arm of US brokerage Interactive Brokers (IB), announced today that it plans to apply for remote membership with the…
BNP Paribas AM Acquires Majority Stake in Belgian Robo-Adviser Gambit
BNP Paribas Asset Management has invested in a majority stake in Belgian robo-adviser firm Gambit, which will provide the asset manager with automated advice solutions…
USD/CAD Rallies Higher Despite Positive Canadian Employment Data
The USD/CAD currency pair today rallied higher despite the release of positive Canadian employment data by Statistics Canada. The pair’s upward momentum is likely to have been caused by the fact that the loonie…
Biggest Data Breach in History Poses Dangers to Brokers
Yesterday became a dark day in the history of cybersecurity at one particular company. Consumer credit reporting agency Equifax admitted to having been attacked earlier…
ActivTrades Strengthens Client Protection Insurance to £1m
London-headquartered multi-asset brokerage ActivTrades has taken additional steps to safeguard its clients, ushering in a new threshold of insurance up to £1.0 million. ActivTrades’ substantial increase…
TWSE and NASDAQ Sign MoU for Closer Cooperation
The Taiwan Stock Exchange Corporation (TWSE) has signed a memorandum of understanding (MoU) with Nasdaq Inc. (Nasdaq:NDAQ) to foster closer cooperation between the two companies…
GBP/USD Rallies to New Monthly Highs on Positive UK Data
The GBP/USD currency pair today rallied to new highs after the release of positive UK industrial production data by the Office for National Statistics early in the European session. The selling tone around the US dollar…
Aussie Gains on Greenback, Falls vs. Other Rivals
The Australian dollar gained versus its US counterpart, touching the highest level since May 2015, on the back of the US dollar’s weakness. The Aussie gained on the euro as well, but lost its gains…
Yen Gains Despite Disappointing Growth of Japan’s Economy
The Japanese yen gained on its major rivals (though not on the Great Britain pound) today despite mixed domestic economic indicators. The likely reason for the currency’s good performance was the market sentiment…