Spot FX The spot FX market is an “off-exchange” market, also known as an over-the-counter (“OTC”) market. The off-exchange forex market is a large, growing, and liquid financial market that operates 24 hours a day. It is not a market in the traditional sense because there is no central trading locat

Following a steady start to a new week in Asia, Gold (XAU/USD) is seeing a bit of selling in early Asia, as the bears look to test the two-month lows of $1849. The spot closed last week below the August month low of $1863, triggering an alarm for the XAU bulls. The yellow metal remains at the mercy

Last week, the S&P 500 officially entered correction territory—again—down 10% from its Sep 2nd peak, while the Nasdaq has fallen even further, down nearly 12%. Meanwhile, long-term Treasury yields have edged higher, providing little of the diversification benefits that many investors may have be

© Reuters. 中环球船务(SINO.US)宣布增发普通股和认股权证 智通财经APP获悉，9月18日，中环球船务(SINO.US)宣布，公司将以每股1.46美元的价格出售合共72万股普通股及可购买72万股普通股的认股权证。公司预计将从此次发行中获得净收益约105万美元。上述认股权证的现金行权价为每股1.825美元，自发行之日起6个月后方能行权，购股权有效期（自授出日起计）为5年半。倘若届时无有效的登记声明，或没有可用于转售认股权证的招股说明书，认股权证也可以无现金行使。