In quick succession, UK has banned certain crypto derivatives trading and the owners of leading exchange BitMex have been indicted on criminal charges.
A Bitcoin futures market will take some of the risk out of the currency.
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How is it possible that an African country whose currency is one of the top 20 most traded in the world only has the 33rd biggest economy?
Caesars Entertainment argues the credit default swap market is giving at least one holder of its debt a perverse incentive to seek its default.
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In 2009, US trucking company YRC Worldwide faced ruin as it struggled to restructure its debt. With tens of thousands of jobs at stake, the Teamsters union, led by James Hoffa, accused some YRC bondholders…
Trading floors like this one – at the old American Stock Exchange in the 1980s – are at the heart of capitalism and financial speculation.
David Foster/Flickr via CC BY-ND
The word “speculation” carries a connotation of negativity. And it’s probably fair to say that pretty much every financial crisis since the tulip mania of the 1630s can be attributed to some sort of mass…
It has been a turbulent time for the gold market. The past two days of trading have been particularly volatile, with gold prices recording the sharpest two-day drop in 30 years . The severity of the fall…
More of the same: the UK government’s banking reform bill is merely another capitulation to the banking lobby.
AAP
Some four and-a-half years after the banking crisis that has resulted in massive public debt and a deep austerity program, the UK government has finally unveiled its Financial Services (Banking Reform…
Derivatives can allow farmers to reduce their risk by guarding against changes in the weather.
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For some industries, the weather plays a significant role in determining revenue. Unexpected weather events can often cause significant financial losses. For instance, a drought can yield a severe impact…
The proposed Volcker Rule, which will ban proprietary trading by commercial banks, has raised the ire of Wall Street.
Bête à Bon-Dieu
The agenda of the Australian Securities and Investments Commission Annual Summer School in Sydney was dominated by discussions on how to reduce systemic risk. The noted increase in the regulatory perimeter…