Pages

Friday, 30 May 2014

How Safe is Your Money and Gold?

One of the important things to consider is where and how safe is your money…Where is your money safe…

Its certainly food for thought. Diversification seems to be the key to avoid putting all your gold or cash in one basket as it were.

The Gold has been slowly making its way back to Germany since the time of that video. But it begs the question, you may well ask where has it been in the meantime ?

Video: Youtube

Thursday, 29 May 2014

The Value of Currency

This video isn’t recent but its worth taking a look. What is something worth, it depends on what it is compared to.

Robert Kiyosaki Explains - The Real Value Of The Dollar, Gold  & Silver.

The more insights that you can gain on what drives currency or markets is well worth knowing. I thought I would just share this video with you today.

John Spencer

Wednesday, 28 May 2014

Citi Launches New Futures & Options Trading Suite, Transaction Cost Analysis and Order Monitoring Tools

 

NEW YORK--(BUSINESS WIRE)-- Citi has launched Citi Futures and Options Smart Execution (CFOX SE) - a comprehensive suite of futures and options trading features, Transaction Cost Analysis (TCA) and order monitoring tools on its Citi Futures and Options Execution (CFOX) platform.

The integration of these tools will help facilitate direct client supervision of Algorithmic orders side by side with those entered via the CFOX Graphical User Interface, the FIX protocol or leading third party Execution and Order Management Systems. Clients can see the details of algorithmic orders in real-time, while the TCA function provides the cost breakdown as trades are executed, giving real-time feedback on execution quality.

CFOX is available to clients worldwide via local access points across Europe, North America and Asia and has access to 51 markets. The Smart Execution suite includes 17 advanced Synthetic Order Types, 4 Benchmark Algorithms, TCA and order monitoring functions, as well as an inter-market low latency Spread Trader.

"We are offering institutional clients the types of tools they have been requesting to improve upon their user experience, increasing transparency on how their orders are executed and providing enhanced execution quality and control," said Paul Marks, Global Head of Electronic Trading Products for Futures, Clearing and Collateral. "This will provide clients with the ability to see and amend in real-time all of their futures and options order flow in a single platform, as well as track the performance of execution in real-time."

"While enhancing the overall client experience, these tools will give market participants the execution, command and control they desire in a transparent and compliant fashion," added Jerome Kemp, Global Head of Futures, Clearing and Collateral.

Citi Investor Services provides fund managers with access to an end-to-end set of flexible investment solutions with leading capabilities in four distinct areas: Prime Finance and Agency Securities Lending; Futures, OTC Clearing and Collateral Management; Global Custody Services and Global Fund Services.

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Reference:

By Business Wire,  May 27, 2014, 08:00:00 AM EDT

Additional information may be found at http://www.citigroup.com | Citigroup Inc. (NYSE:C)

Read more: http://www.nasdaq.com/press-release/citi-launches-new-futures--options-trading-suite-transaction-cost-analysis-and-order-monitoring-20140527-00274#ixzz331EYRzUs

Tuesday, 27 May 2014

Forex Trading Fundamentals: Low Liquidity from Absence of UK and US Traders


The US dollar showed signs of weakness at the start of the forex trading week, as the absence of US traders who were on a Memorial Day holiday left the dollar with very little support.
There were no reports released from the US economy then as banks were also closed for the holiday. Durable goods orders data are due today, with the headline figure likely to show a 0.5% decline and the core figure set to print a 0.2% uptick. The previous month’s readings were revised higher though so this should provide a bit of backing for the U.S. currency unless the actual figures come up short.
The euro recovered in recent forex trading despite the recent election results showing a landslide victory among EU critics. For many, this led to hopes that better reforms could be implemented when it comes to tackling the economic slowdown and government budget problems. GfK German consumer climate data showed the expected 8.5 reading, which revealed no change in sentiment. For today, there are no reports due from the euro zone but ECB head Draghi has a testimony scheduled.
The pound bounced back to forex trading action despite the lower liquidity with UK traders off on Spring Day holiday. There were no reports released from the UK then and only the BBA mortgage approvals report is up for release today. Lower mortgage approvals of 45.2K are eyed versus the previous 45.9K figure, which might lead the pound to return some of its recent wins.

Reference:

By Forexminute - James Brennan | Daily Fundamental Analysis | May 27, 2014 4:45AM BS

http://www.forexminute.com/daily-fundamental-analysis/forex-trading-fundamentals-low-liquidity-from-absence-of-uk-and-us-traders-may-27-2014-33189

Monday, 19 May 2014

RBS WIND DOWN…

The Royal Bank of Scotland has announced its plans on Sunday to wind down its interest-rate trading business.

It explained that this was due to  capital and operating costs increases.

Around the world many Investment banks have struggled with low interest rates and more stringent regulations.

Reference:

John Spencer 19 May 2014

Thursday, 15 May 2014

SEPURA DEFIES FOREX HEADWINDS AS PROFITS AND REVENUE SOAR

A fresh surge in export business across a broad sweep of territories is driving higher revenues and greater profitability for Cambridge UK digital radio technology specialist, Sepura plc.

The company’s stature is growing globally as a leading provider of critical communications solutions through its TETRA radios.

In a trading update for the year ended March 28, Sepura flags up revenues of around €116m – an increase of 11 per cent over the previous year. That’s well ahead of market expectations.

Adjusted operating profit and adjusted EPS are in line with market expectations, CEO Gordon Watling reports.

The adjusted operating profit is likely to be 19 per cent ahead of the previous year. The company expects to report adjusted EPS of 8.4 cents per share.

Sepura has cash of €5.3m despite €5m in acquisition costs and heavy growth investment internationally.

It says the increase in adjusted operating profit is in defiance of material foreign exchange headwinds in the first half and the incremental investments made by the company in its DMR portfolio and North American sales organisation.

The company plans to announce its preliminary results on June 10.

 

Reference:

http://www.businessweekly.co.uk/hi-tech/16811-sepura-defies-forex-headwinds-as-profits-and-revenue-soar

Thursday, 17 April 2014 09:07 TONY QUESTED

Investing in Bitcoin Ramps Up as Bitpay Raises $30 Million

invest in bitcoin
Sir Richard Branson
Investing in Bitcoin Ramps Up as Bitpay Raises $30 Million

A sure sign that Bitcoin is gaining traction is to keep track of who is investing in Bitcoin businesses.

Two of the world's more respected business leaders have joined a team that's investing $30 million in Bitpay, a Bitcoin payment-processing firm.

Sir Richard Branson, chairman of the Virgin Group Ltd., and Jerry Yang, co-founder of Yahoo! Inc. (Nasdaq: YHOO), have confirmed yesterday (Tuesday) to The Wall Street Journal that they are part of the new investment. It's thought to be the largest venture capital investment in Bitcoin to date, and values Bitpay at $160 million.
It's yet another confirmation that Bitcoin is making steady progress as the world's digital currency of choice.

Branson told The Wall Street Journal via an email that he was interested in Bitpay because "banking as we know it is in the midst of enormous change and innovation."

In my recent webinar, "Edison's Revenge on the Dollar," I talked about my meeting with Bitpay Chief Executive Officer Tony Gallippi. I identified him and his firm as winners in the space.

Sir Richard agrees with my assessment, telling the Journal that Bitpay "continues to build trust, legitimacy and momentum in this exciting currency revolution."

Based out of Atlanta, Bitpay processed more than $100 million in Bitcoin transactions by the end of 2013 and has grown to serve more than 30,000 merchants, a number double what it was last year.

Some of the payment processor's clients include the NBA's Sacramento Kings, WordPress, Overstock.com, and Branson's own space tourism outfit, Virgin Galactic.

Bitpay plans to use the money from its latest funding round to continue its global expansion. It currently employs around 40 people and has already opened satellite offices in Buenos Aires, Amsterdam, and San Francisco.

Note: Even with Facebook's 93% surge in 2013, not only is it still a buy... it could double again. Here's why...

Who Else Is Investing in Bitcoin

Investing in Bitcoin is definitely accelerating. Boston-based Circle Financial, which is focused on making online tools to make Bitcoin easier to use, raised $17 million in March.

According to Bitcoin news site CoinDesk, at least $72 million of venture capital poured into Bitcoin startups just in the first quarter of 2014. As a result, CoinDesk has raised its projection for investments in Bitcoin startups this year from $100 million to $300 million - triple the amount invested in 2013.

The well-respected venture capital firm Andreessen Horowitz, headed by Marc Andreessen, has been eagerly investing in Bitcoin startups. The firm has already invested $50 million and, according to Andreessen, is likely to invest "hundreds of millions" more.

I believe all this Bitcoin investing news proves what I've been saying about Bitcoin all along - this radical new digital currency is truly an unstoppable global force.

Reference: 

By MICHAEL A. ROBINSON, Defense + Tech Specialist, Money Morning  ·   May 14, 2014


Share Trading For Beginners

Think you can spot a stock market winner, but don't know how to invest? 

Then read our guide to share trading for beginners...


Share trading for beginners: Think you can spot a stock market winner?

Think you can spot a stock market winner? Photograph: AP

I'm a complete beginner. Where do I start?

The cheapest way is to set up an online account (see table). With your bank details and a debit card, you can start trading almost immediately with just a few hundred pounds. That said, if you set up an account with a company you've never had any dealings with before (eg, if you opt for Halifax share dealing but your bank account is with Lloyds), you won't be able to start dealing until you receive a password in the post. The dealer may also require a minimum deposit, often around £100.
Most of the providers offer dealing services by phone, though these may cost a little more per deal. For example, Halifax charges £11.95 per trade online and from £15 per trade over the phone.
There's a full list of brokers at the Association of Private Client Investment Managers and Stockbrokers (APCIMS). Killik & Co offers old-fashioned personal stockbroking, but with a minimum trading fee of £40.

How do I find the right account for me?

There are dozens of online stockbrokers, all charging different fees. We found the cheapest flat-fee deals at Interactive Investor and the Motley Fool at £10 for UK trades with no other charges. Hargreaves Lansdown has two services at £9.95 a trade, though its Active Trader service carries a £12.50 quarterly admin charge too. If you prefer the comfort of a big banking name, Halifax and HSBC cost £11.95 and £12.95 a trade.
If you are starting with very small sums, it's worth looking at the Share Centre. It charges 1% on trades, with a minimum of £7.50 for real-time trades. But that becomes pricey once you start dealing in sums much above £1,000.
Watch out for sites that charge higher fees if you trade bigger sums. Hargreaves Lansdown's £9.95 deal on its Share Account is only on trades up to £500. That jumps to £14.95 between £500 and £2,000, and to £29.95 for more than £20,000 (the Active Trader service charges a flat-rate £9.95).

What do I actually have to do to trade?

Select the stock name you want and you are given an indicative price quote, normally in pence per share. Then you choose the amount you want to spend, and deal. You'll get a real-time quote and have around 15 seconds to execute the deal. The money is cleared from your online account. Obviously you can only deal with the amount of money you have deposited with the share dealer.

Do I have to pay tax?

Yes. There is a 0.5% stamp duty reserve tax on all share purchases and profits from the shares are taxable, too. This will probably all change in Tuesday's emergency budget, but for now you are allowed to make profits of up to £10,100 before you are charged capital gains tax at 18%. Expect the rate to rise to 40% and the exemption limit to fall.

What's the best account for regular traders?

Many sites offer regular trading accounts for people who deal frequently, where the cost per trade can be as low as £1.50. Barclays Stockbrokers charges £12.95 per trade, but this falls to £9.95 if you trade between 15 and 24 times a month, and £6.95 for 25-plus.

How easy is it to get stung?

If you are contacted out of the blue by someone inviting you to invest in shares, say no. It is almost certainly a share scam, or a boiler room scam, where high-pressure salespeople try to convince you to buy a stock which they say is about to take off. It won't. One way to build your confidence in share dealing is to join an investment club, where you can learn about the stock market and swap ideas. ProShare has lots of information on setting up a club.

Where can I find more information?

Share investment is an area with almost endless information available on the web. The BBC's Market Data pages are a rich source of information, as is Citywire, while you can find individual data and stock quotes at Reuters and Yahoo. Share sites such as ADVFN, Motley Fool, Digital Look and Morningstar are also worth a look.

Share Deals table
Share Deals table Photograph: Guardian

Taking stock: Pumped up by oil prospects

After years of avoiding shares investment, I'm one of those who has bought BP stock in the belief its price has gone below its true value, writes Miles Brignall.
Fed up with 2%-3% returns on savings being wiped out by inflation, I bought a few hundred shares at a price significantly higher than they were trading this week, though I am holding out for their long-term revival. I'm clinging on to the fact that BP made £22bn last year, and that the Americans still use oil like the rest of us use water: I can only see oil prices going in one direction over the next decade – up.
I signed up to buy the shares online with broker TD Waterhouse, which took a bit of time but was relatively easy. I paid an online commission of £9.95, though you need to be aware the broker applies charges for dormant accounts.
I won't be day trading, and remain sceptical as to whether share investing is a good bet.
References:  
  • The Guardian,