Trading

New cartoon animation on social media; actor sir Michael Gambon partners with Aberdeen Asset Management in “The fables of fixed income”

This series of articles is intended to show different trading techniques that work on multiple time frames in liquid markets – especially in equities, equity-indices, commodity markets such as gold and crude oil, and in Forex trading. In conjunction with the right indicators these methods have been proven well. You will get a set of rules to the hand, which is intended to help you find a trade setup for opening a position at the right time, for placing wisely your Stop and for determining the Exit.

This series of articles is intended to show different trading techniques that work on multiple time levels in liquid markets – especially in equities, stock indices, commodity markets such as gold and crude oil, and in Forex trading. In conjunction with the right indicators these methods have proven themselves well. You will get a set of rules that will help you to find a trade setup, in order to determine the right time to position opening, to place a meaningful Stop and to define the exit strategy.

Alan Turing was a mathematician who lived in the twentieth century and which is considered the father of theoretical computer science and artificial intelligence. In 1950 he wrote an article in Mind (1) in which he formulated the basics of his test, a criterion for deciding whether a machine is able to think or not. A computer can mimic human thought and deceive a person?

President Donald Trump will sign executive orders on Friday to review the Dodd-Frank Wall Street reforms and halt a Labor Department rule designed to curb potential conflicts among brokers who give retirement advice, according to a White House spokeswoman.

Trump’s move marks a step toward making good on a campaign promise to dismantle the 2010 Dodd-Frank law, which was passed in the wake of the 2007-2009 financial crisis. The legislation forced banks to take various steps to prevent another financial crisis, including holding more capital and taking yearly “stress tests” to prove they could withstand economic turbulence. The financial industry, particularly its small community banks, complained the rules went too far.

Deutsche Bank has agreed to pay nearly $630m ($425m) to UK and US regulators to settle probes into whether it helped covertly move as much as $10 billion out of Russia through a process known as "mirror trading."

New York and British authorities issued the fine on Monday over claims the money was moved out of Russia using so-called mirror trades among the bank’s Moscow, London and New York offices, said New York State’s Department of Financial Services (DFS).

The DFS legal document which details the case says: "By converting rubles into dollars through security trades that had no discernible economic purpose, the scheme was a means for bad actors within a financial institution to achieve improper ends while evading compliance with applicable laws."

Despite some concerns around the start of last year, and the political shocks that unfolded over the course of the past 12 months, 2016 actually turned out to be quite a good year for investors, with most asset classes rising in value. But what can we expect over 2017, and how should investors approach the coming year? In this short outlook document we outline what we expect over the year ahead and set out what we believe could be the best-performing asset classes in each of our main scenarios.

Two City traders, George Urumov and Vladimir Gersamia, were convicted of multiple fraud offences following a four-month trial at Southwark Crown Court. The pair were handed jail terms of seven and 12 years respectively.

The victim of the complex fraud scheme was Russian bank Otkritie, with the size of the losses related to the illegal actions exceeding £141 m ($176 m), according to a report in the Financial Times.

The first part of the fraud was carried out in 2011, when Urumov joined Otkritie Securities Ltd (OSL) and manipulated the company into paying him approximately $25m as a “sign-on” fee under the false impression that it would be distributed to others also joining the company.