trading
Citigroup has been fined £61.6 million (€72.3 million) by UK trading supervisors due to failures in its systems and controls. The penalties, issued by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA), were linked to issues arising between 2018 and 2022. In one case, dating back to May 2022, a Citi error provoked a flash crash in European stocks, as $1.4 billion (€1.3 billion) of equities were sold in a "fat-finger" trade. A Citi trader had intended to sell a basket of equities to the value of $58 million (€53.5 million), but instead accidentally created a bas...
Euronews (English)
Nothing has been more damaging to the adoption of cryptocurrencies than the “no-coiners” — deniers who refuse to buy into the system and prophesied that the industry is doomed to failure. Fortunately, these "sceptics" appear to be a dying breed and the doubters are becoming less doubtful. Two years ago, an article published in Vice magazine outlined how a "no-coiner" was a derogatory term in the crypto world, used to describe anyone who derides the ecosystem by saying things like: "it's a bubble about to burst," "it's not real money," or is "a wildly anarchic unregulated form of Wild West fina...
Euronews (English)
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