Egypt to sell minority stake in state payments firm e-finance – Reuters
By Reuters Staff 2 Min Read CAIRO (Reuters) – Egyptian state-controlled payments firm e-finance for Digital and Financial Investments said on Sunday it would offer up to 14.5% of its capital in an initial public offering in the fourth quarter of 2021. Founded in 2005, e-finance said in a statement it is the sole entity […]
All you wanted to know about FINNIFTY derivatives rejig – BusinessLine
The National Stock Exchange of India (NSE) had announced a couple of revisions in the Nifty Financial Services Index (FINNIFTY) derivatives contract. Firstly, the exchange has decided to discontinue the weekly index futures contracts of the FINNIFTY. Currently, the FINNIFTY contract has two expiry types – weekly and monthly. The weekly futures contract will be […]
How to gain from net time decay in derivatives – BusinessLine
Last week, we discussed a strategy involving shorting an ATM call and buying delta-hedged shares of the underlying or its futures contract. This strategy was set up to take advantage of a view that the underlying could move sideways through option expiry. The question is: Can a trader use deep in-the-money (ITM) calls instead of […]
Restaurants seen needing new lifeline as Delta variant keeps grip on economy – Yahoo Finance
For some restaurants, it’s starting to feel more like March 2020 than September 2021. Cities across the country have tightened up on mask wearing, or are insisting on COVID-19 vaccination status as a way to instill confidence among customers and protect the community. However, in some regions, guests are once again afraid to eat indoors […]
Riverview Credit Union provides personal finance curriculum to schools – Parkersburg News
BELPRE — For the fourth consecutive year, Riverview Credit Union in Belpre is providing local schools free access to Ramsey Education’s Foundations in Personal Finance curriculum. The financial education program was developed by Dave Ramsey, a nationally syndicated radio host, author and personal finance expert. Schools receiving the curriculum for the 2021-22 school year include: […]
The GameStop phenomenon triggers potential restrictions in corporate America – Yahoo Finance
The GameStop phenomenon hit corporate America in the coffers this week. On Sept. 16, MassMutual paid a $4 million fine to settle a litigation with Massachusetts securities regulators, according to a Wall Street Journal report. The financial-services company got busted for not properly supervising Keith Gill, the 34-year-old MassMutual employee and YouTuber, who went by […]
Coinbase to enter the crypto derivatives fray – Kitco NEWS
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Leading U.S. cryptocurrency exchange Coinbase plans to expand into cryptocurrency derivatives trading. The company has filed an application with the […]
How decentralized finance works, and why it’s taking on Wall Street – CNBC
What would a world without banks look like? The answer may lie in decentralized finance. Decentralized finance is an emerging ecosystem of financial applications and protocols built on blockchain technology with programmable capabilities, such as ethereum and solana. The transactions get executed automatically through smart contracts on the blockchain, which includes the agreement of the […]
FTX-Owned Derivatives Exchange ZUBR Approved in Gibraltar as a DLT Provider – Coindesk
“Securing this DLT provider license for our subsidiary is a key step toward our goal of creating a trustworthy and compliant exchange group that can be used by investors of all types around the globe,” said Sam Bankman-Fried, FTX’s CEO, in a statement.
ApolloX Crypto Derivatives Exchange Guide & Review – CryptoPotato
ApolloX is a cryptocurrency derivatives exchange founded by experts with backgrounds in traditional financial institutions, technology companies, and other leading crypto exchanges. The name of the exchange has been cleverly crafted by combining the Apollo and the letter X – the former standing for the first successful mission to land a person on the Moon, […]