financial

A daily summary of exchange related news.
Britain's financial sector is drawing up proposals on how it could still serve EU clients after Brexit, even as firms begin establishing new operations on the continent to keep access to the European market.
Fourteen accelerator applications use advanced AI techniques to address complex business challenges like fraud, margin call management and LCR calculations.
The fast-growing financial technology sector presents potentially major "systemic risks" that need to be addressed by bank regulators around the world, Bank of England Governor Mark Carney said on Wednesday.

Dan Collins, Editor in Chief at Modern Trader Magazine talk

Lawyers for the European Commission stood by their analysis of a proposed financial-transaction tax.
Tuesday Sept. 6, 2011 was wet and windy, both in London and gold. Late Asian trade had seen the wholesale gold price rise 1.4%, reaching $1,921 per ounce. Prices then turned lower, and by the time New York opened the air was hissing out of gold futures.
European Union leaders are set to scale back promises of support for ailing banks when central euro-area bank supervision starts next year.
China’s manufacturing is shrinking at a faster pace this month, adding to stresses in the economy and financial system.
Chancellor Angela Merkel said that the German government is listening to investor complaints about the proposed financial transactions tax.