OIL-Barrel rises after Brexit deal, but pandemic limits earnings

Ras Lanuf Oil and Gas Company, Ras Lanuf, Libia, 18 agosto 2020. REUTERS/Esam Omran Al-Fetori/ CALGARY, USA / LONDON, Dec 24 (Reuters) – Oil prices rose slightly on Thursday, helped by buying at the end of a volatile low-volume session that closed earlier than usual for the week for the Christmas holidays. * The market … Read more

EU derivatives decision leaves London in trouble

AP African Confederation President to appeal FIFA veto GENEVA, Switzerland (AP) – The president of the African Football Confederation, who has been banned from all activity by FIFA for five years for financial mismanagement, said he will appeal the decision to the Court of Arbitration for Sport. Ahmad Ahmad’s lawyers, a former minister of the … Read more

Switzerland sanctions Crédit Agricole in a Euribor investigation

Switzerland announced on Tuesday sanctions of 4.5 million francs (4.2 million euros) against Crédit Agricole and almost 2 million against HSBC France as part of an out-of-court settlement intended to end a survey of euro interest rate derivatives based on Euribor. / File photo / REUTERS / Charles Platiau (Reuters) – Switzerland on Tuesday announced … Read more

Renault’s STOCK MARKET TICKER figures are well received

Frankfurt, Oct 23 (Reuters) – The following is the stock exchange ticker for important price movements on the international financial markets and their causes: 11:01 a.m. – A surprisingly small drop in sales gives Renault a boost. The shares of the French automaker rise by two percent. The company was able to achieve higher prices … Read more

Competition for dominance of the global crypto derivatives market intensifies

In early October, the crypto derivatives market faced extremely tumultuous financial conditions, thanks in large part to the recent registrations against BitMEX, which saw the company’s top bosses being indicted by the United States’ Commodity Futures Trading Commission, CFTC, on various charges. Not only that, but just days before the BitMEX scandal came to light, … Read more

S&P 500 derivatives contract is settled on the Bitcoin network

An experiment allowed the settlement of derivatives of Standard & Poor’s 500 on the Bitcoin network, in just 45 minutes. The test served to verify the potential of Bitcoin as a tool to secure transactions of this type and minimize their costs through multi-signature contracts. According to a release press release from the Japan-based company … Read more

Analyzing the full scope of the Bitcoin derivatives ban

Current regulatory concerns around Bitcoin Much attention must be paid, especially to people in countries with unclear regulations. The Financial Conduct Authority (FCA) recently banned the sale of derivatives and exchange-traded notes (ETNs) that reference certain types of crypto assets to retail consumers. This news was concerning to many, as it followed news from the … Read more

Binance overtakes Huobi and OKEx, positioning itself as the largest derivatives exchange

Binance surpassed Huobi and OKEx to become the largest cryptocurrency derivatives exchange by volume in September figures with $ 164.8 billion traded throughout the month of September, according to the latest report published by the British data company, CryptoCompare. CryptoCompare observed the trade volume of top-tier exchanges and determined that Binance had seen roughly $ … Read more

UK Regulator Bans Retailers From Investing In Bitcoin Derivatives

The UK Financial Conduct Authority (FCA) has banned the sale of Bitcoin derivatives and other cryptocurrencies to retail consumers. That is, to private clients who wish to invest. Through a statement, the FCA stated this Tuesday, October 6 that its new regulation prohibits the sale of derivatives such as options, futures and listed notes “Which … Read more

British regulator bans crypto derivatives to retail clients, Bitcoin continues to be in the spotlight

points to follow: The Authority of Financial conduct prohibited Yesterday the sale of cryptocurrency derivativessto clients retailers Bitcoin remains a priority for regulators, BitMEX is investigated by the CFTC and DOJ The Financial Conduct Authority (FCA) yesterday banned the sale of cryptocurrency derivatives to UK retail consumers following the proposal presented in October 2019. The … Read more