The global financial sphere kept a close eye on stocks to identify and track the specific geopolitical risks as relevant markets opened on Monday. Analysts predicted a rise in the buying of assets such as gold and US currency, followed by an increased demand for US Treasuries. In line with these predictions, US stock futures…
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In November 2017, the Bank of Israel put up a working group to identify the needs and possible launch of a government-backed digital coin, or a stablecoin. The group examined certain advantages and disadvantages of Israel issuing a stablecoin and concluded that the country should wait until more governments around the world introduce their own…
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The Israel Diamond Exchange (IDE) has signed an agreement with start-up CARATS.IO to launch a digital currency backed by diamonds named CDC – Carats.IO Diamond Currency. The start-up specializes in Big Data solutions for the precious gems and diamond industries. The new digital currency will be based solely on investments in diamonds purchased at the Israel Diamond…
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London Stock Exchange (LSE) just welcomed the listing of Israel’s largest ever Euro denominated bond offering. The €2.25 billion issue in 10 and 20 year government bonds marks the first time in three years Israel has issued Euro denominated debt. The offer secured exceptional investor demand and was more than four times oversubscribed, with the combined…
Read moreIt was announced today that the board of directors of the Tel Aviv Stock Exchange (TASE) decided in its meeting on Thursday (August 4, 2016) to launch US Dollar weekly options. Weekly TA-25 Index options were introduced by TASE in 2013 and their trading volumes are constantly on the rise. The average daily volume of…
Read moreZahi Elias, Head of Trading at Bank Leumi said: “Bank Leumi is creating an extensive e-trading offering for our clients. Using TradAir to support this, we are able to increase the services we offer our clients, improve our pricing and increase our trading activities. TradAir’s innovative approach and best-in-class technology has allowed us to adapt our services quickly and efficiently.”
Read moreBusiness publication Globes tracks the country's many web and hi-tech startups, placing Plus500 at the top of the heap
Read moreDespite the global slowdown in FX volumes in the first nine months of 2014, Israel's FX market grew substantially, with domestic traders increasing their activity due to strong economy and prudent fiscal policy
Read moreIn a swift action by Israeli police, a suspected extortionist from Mexico has been detained on arrival at Ben Gurion Airport in Tel Aviv following an investigation which has brought allegations against a 34 year old man citing blackmail and extortion of millions of dollars in Bitcoin
Read moreChina's state-owned and tightly controlled financial sector is showing further signs of courting the west as ex- FX Solutions Head of Dealing becomes Vice President of the Industrial and Commercial Bank of China in New York
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