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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    For the first time, trading the currency "Petkwin" virtual in the US stock market

    Rocky
    Rocky
    Rocky
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    Posts : 270279
    Join date : 2012-12-21
    • Post n°1

    For the first time, trading the currency "Petkwin" virtual in the US stock market Empty For the first time, trading the currency "Petkwin" virtual in the US stock market

    Post by Rocky Mon 11 Dec 2017, 1:44 am

    [ltr]For the first time, trading the currency "Petkwin" virtual in the US stock market[/ltr]
    [ltr]Economie[/ltr]
     Since 2017-12-11 at 09:41 (Baghdad time)
    [ltr]For the first time, trading the currency "Petkwin" virtual in the US stock market Wewe2[/ltr]
    [ltr]Follow up of Mawazine News[/ltr]
    [ltr]The first trading of financial products based on the electronic currency of PeteCwin began in one of the major exchanges in Chicago, USA, in what was considered a step towards codification of the digital currency.[/ltr]
    [ltr]The Chicago Board of Options Executing (CBO) began trading in the currency of PeteCwin in futures contracts at 23:00 on Sunday night (Monday GMT).[/ltr]
    [ltr]The value of the currency at the start of trading $ 15 thousand, but futures contracts in electronic currency fluctuated during the first twenty minutes of trading, and rose to $ 16,600, before retreating later.[/ltr]
    [ltr]"There were about 150 deals made during the first few minutes," said Bob Fitzimons of Waidbush Securities. "Things are quiet."[/ltr]
    [ltr]Expectations for the first listing of the currency of traditional stock exchanges led to a currency appreciation of more than $ 10,000, reaching $ 17,000 last Thursday, before falling further.[/ltr]
    [ltr]The inclusion of forward contracts in the currency of the currency on the stock exchange gives the currency "legitimate and recognized as a financial asset that can be traded," said Nick Collas of Data Research Capital Markets.[/ltr]
    [ltr]Futures are a type of derivative contract that allows trading on the basis of the movements of the currency of a home currency, without the condition of ownership of the currency itself.[/ltr]
    [ltr]The CBO stock market was on Twitter on Sunday, warning that its website "is operating slower than usual and may not be temporarily available" after trading, but all trading systems have worked normally.[/ltr]
    [ltr]The listing of forward contracts in the currency of the company entered into the stock exchange after the approval of the US Commodity Futures Trading Commission.[/ltr]
    [ltr]But the committee warned investors, "of a high degree of vulnerability and potential danger, in the circulation of those contracts."[/ltr]
    [ltr]Critics have criticized allowing the circulation of financial assets in the currency of the Petequin traditional stock exchanges, including Jim Cramer, economic commentator of CNBC.[/ltr]
    [ltr]Kramer believes that this opens the door for "short sellers" betting on the move of financial asset downward.[/ltr]
    [ltr]The currency of the company is not regulated by any central bank of any country and does not have a globally recognized exchange rate.[/ltr]
    [ltr]CBE said it would suspend trading for two minutes if the price of a homeowner went up or fell by 10 percent to prevent sharp fluctuations.[/ltr]
    [ltr]"We are committed to continuing to work closely with the Commodity Futures Commission to monitor trading and promote transparent and fair market growth in the PeteCwin currency."[/ltr]
    [ltr]The Association of Futures Industry, which includes some of the largest brokerage firms in the area of ​​derivatives, criticized the decision of the Commodity Futures Trading Commission, saying it did not pay enough attention to the risks involved in that move.[/ltr]


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