ICE To Launch Bitcoin Futures Trading Platform In 2019

Intercontinental Exchange (ICE), the parent company behind the New York Stock Exchange, has been working on its bitcoin futures trading platform for some time now. ICE has plans to invest heavily into this new trading platform which will be called

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UK Economic Growth Tumbles To 6-yr Low On Brexit Uncertainty

Economic growth in Britain slowed sharply in the fourth quarter of 2018, with growth throughout the full year being the slowest in six years as Brexit concerns and international trade tensions dimmed its activity. The GDP grew 0.2% from the

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BoE Slashes Growth Outlook On Brexit Uncertainty

On Thursday, the Bank of England reduced growth forecasts for the UK economy, saying that the outlook remained highly sensitive to the effects of Brexit, as policymakers left the key interest rate and bond purchases unchanged. The central bank said

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FCA Watching Property Funds Due To Surging Outflows In The UK

The Financial Conduct Authority (FCA) is worried after seeing investors withdraw millions of pounds from property funds. This is mainly because of uncertainty about Brexit and the withdrawal has caused a lot of fear about liquidity leaving the market. Now,

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Euro Dollar Declines On Weak German Industrial Production Data

Industrial production fell to a seasonally adjusted 0.4% since November, when it fell by 1.3 percent, the Federal Statistical Office’s preliminary figures showed Thursday. Economists expected an increase of 0.8% in December. The decline in November was revised from 1.9%

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FCA Orders More UK Fund Performance Data To Be Released

The UK’s Financial Conduct Authority (FCA) is imposing stringent regulations on asset managers. The FCA has long been concerned about high asset fees for active asset management despite the fund being tracked to an index, also known as closet trackers.

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2008 Financial Crash Still Dragging Down Millennial Pay

The 2008 financial crisis was a devastating event to the global financial industry. Even though a decade has passed, it is still affecting people today. According to a study by the Resolution Foundation, millennials who entered the job market around

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GFIN Sends Out Open Invitation For Fintech Testing

New and innovative technology is responsible for changing the way we do things and it is highly sought after in the financial services industry. However, the main obstacle that fintech companies face is gaining recognition and bringing their product to

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