The Upcoming Regulation Of Domestic Forex Trading In Ghana

[Econ] Making the Best of a Very Bad Thing

November 2030
Well, uh, this sucks. Just a few short months after the Arab States of the Gulf finally unified, the world economy decided to explode. This is what we in the business of economics call a very bad thing.
The effects across the FAS have been relatively disparate. The United Arab Emirates, easily the most diversified economy in the region, has been the least heavily impacted (though it's still bad). Diversification programs in Oman and Bahrain have also helped to stave off some of the worst impacts of the crisis, though they haven't been as successful in avoiding the effects as the UAE. Qatar and Kuwait, still almost entirely reliant on hydrocarbon exports, are not happy with this turn of events. Falling global oil prices, though propped up a little by a sudden increase in demand from China, have left their economies struggling much more than the rest of the country, and in desperate need of assistance from the better off parts of the country.
One major pain point in this crisis has been the FAS's economic ties to the United States. While most of the FAS's trade is with Asia, Africa, and Europe, the US financial system still plays a crucial role in the FAS. The stability of the US Dollar has long been used to protect the economies of the Gulf using their vast Forex reserves (earned from oil sales) to peg their currency to the US Dollar. With the US Dollar in complete collapse, the value of the Khaleeji is plummeting right along with it, causing a significant degree of harm to the FAS's economy.
To help offset this harm (and to decouple the FAS's economy from a country that the FAS is starting to view as maybe not the most reliable economic partner), the Central Bank in Dubai has announced that the Khaleeji will switch its peg from the US Dollar to a basket of foreign currencies (the Euro, the Pound Sterling, the Swiss Franc, the US Dollar, and the Japanese Yen). The FAS hopes that this will help to salvage the Khaleeji's value, better protecting the economy from the collapse of the dollar-based international financial system. Rumor has it that the Central Bank is discussing the idea of unpegging the Khaleeji entirely and allowing it to float freely, but so far, the Central Bank has made no moves towards floating the Khaleeji.
Crises suck. They shatter the status quo and throw established norms and procedures into chaos. No one really wins during a crisis.
But in another sense, they're a double-edged sword. The status quo is often a repressive entity, reinforcing existing hierarchies and preventing dramatic shifts in the order of things. Chaos breaks that apart, giving the ingenuitive and the entrepreneurial on opportunity to better their lot in ways they otherwise could not.
Put differently: chaos is a ladder, and the FAS intends to be the one climbing it. As the largest economy in the Arab World (and one of the world's 20 largest economies) by both nominal GDP and GDP per capita (by a significant margin--it's probably either Saudi Arabia or Egypt in second place in nominal GDP, and definitely Saudi Arabia in second place in GDP per capita, but the FAS more than doubles the country in second place in both categories, so it's sort of a moot point), the FAS hopes to cement its place as the regional economic power.
The FAS has announced a new slate of policies intended to attract rich investors, manufacturing firms, and financiers fleeing the new nationalization program of the United States. New free trade zones have been created throughout the country--especially in the struggling, undiversified regions of Kuwait and Qatar--with the goal of convincing fleeing American manufacturers to set up shop in these areas. Attractions include wildly low tax rates (as low as zero percent in some instances), a common law framework (as opposed to the Sharia-based legal system in most of the FAS), highly subsidized land prices (sometimes free), relaxed financial restrictions (making it easier to move money in and out of the FTZ), and, for large enough firms moving enough operations into the country, preferential visa treatment (making it easier for them to relocate foreign employees into the country). Sitting at one of the major crossroads of global trade, moving operations to the FAS offers easy access to both the world's established consumer markets (like the EU and East Asia) as well as to some of its largest growing markets (South and Southeast Asia, East Africa, and MENA). Pair this with wildly high standards of living (for people who aren't slaves Asian or African migrant workers) and established expatriate communities, and the FAS becomes an incredibly attractive option for American and other foreign firms looking to relocate.
In addition to manufacturing-oriented FTZs, special attention has been paid to attracting service-oriented firms to new and existing FTZs in the vein of Dubai Internet City, Dubai Design District, Dubai Knowledge Park, and Dubai Media City, with the goal of developing a robust service economy that can capture growing markets in the MENA, South Asia, and East African regions. In advertising these zones, the governments of the FAS have highlighted the success of previous ventures in Dubai, which have attracted the regional headquarters of giants like Facebook, Intel, LinkedIn, Google, Dell, Samsung, Microsoft, IBM, Tata Consultancy, and more.
Perhaps one of the most substantial pushes, though, is to attract American financial services and FinTech firms to base in the FAS (particularly Dubai, Kuwait City, Doha, and Abu Dhabi, the traditional centers of regional finance). New financial industry free trade zones have been set up in the four cities, structured in the vein of the Dubai International Financial Centre (DIFC). These financial FTZs boast an independent and internationally regulated regulatory and judicial system, a common law framework, and extremely low taxation rates. All government services in these regions are available in English (the lingua franca of international finance), and in events where ambiguity exists in the legal and regulatory systems, the systems are set to default to English Common Law (except for the Kuwait City International Financial Centre, which is hoping to better tailor itself towards American financial firms by defaulting to American Civil Law from pre-2020 rather than English Common Law). Much like in the DIFC, these new FTZs will also run their own courts, staffed in large part by top judicial talent from Common Law (or in the case of Kuwait City, American Civil Law) jurisdictions like Singapore, England, and (formerly) Hong Kong. Using these FTZ, the four cities hope to raise their profile as financial centers. Dubai in particular is hoping to break into the top ten global financial centers--and it stands a good chance of doing so, too, as it sits at number 12, just behind cities like LA, SF, and Shenzhen--while the other cities are just hoping to boost their profile into the 20s or 10s (according to Long Finance, Dubai is number 12 in the world and 1 in the region, Abu Dhabi is number 39 in the world and two in the region, Doha is number 48 in the world, and Kuwait City is number 91).
submitted by TheManIsNonStop to Geosim [link] [comments]

Money, Money, Money - Its always about the money!


Some economists (but not all economists) believe that the USD and the US economy is losing its integrity and may ultimately collapse.
https://www.businessinsider.com.au/dollar-crash-swelling-deficit-deglobalization-stephen-roach-coronavirus-stimulus-recession-2020-6?r=US&IR=T
https://www.bloomberg.com/opinion/articles/2020-06-14/dollar-crash-how-will-it-unfold
https://www.investopedia.com/articles/forex-currencies/091416/what-would-it-take-us-dollar-collapse.asp
https://www.nytimes.com/2020/06/06/upshot/coronavirus-economic-crisis.html
https://www.ft.com/content/d5f05b5c-7db8-11ea-8fdb-7ec06edeef84
https://markets.businessinsider.com/news/stocks/dollar-crash-swelling-deficit-deglobalization-stephen-roach-coronavirus-stimulus-recession-2020-6-1029312845?op=1
https://medium.com/@baileybarney/will-the-us-dollar-collapse-23e707f19da0

Question: If accurate, what would replace the USD as the global reserve currency?
Answer: The IMF is ready with a replacement global reserve currency called SDR's!

  1. https://www.imf.org/external/pubs/ft/fandd/2019/12/future-of-the-IMF-special-drawing-right-SDR-Ocampo.htm
" In this brave new world, is it time to rethink the SDR’s role?" (Ocampo)"The IMF should not pass up this opportunity" (Ocampo)
  1. https://www.project-syndicate.org/commentary/imf-special-drawing-right-global-currency-by-jose-antonio-ocampo-2019-04?barrier=accesspaylog
3.https://www.google.com/amp/s/amp.theguardian.com/business/2017/ap24/imf-populism-nationalism-sdr-reserve-currency
4.https://www.imf.org/en/About/Factsheets/Sheets/2016/08/01/14/51/Special-Drawing-Right-SDR
5.https://www.theigc.org/project/the-viability-of-the-special-drawing-rights-as-an-international-reserve-asset/
6.https://www.google.com/amp/s/www.livemint.com/news/india/consensus-remains-elusive-among-g20-countries-on-fresh-sdr-allocation/amp-11595160202040.html
7.https://www.google.com/amp/s/amp.ft.com/content/43a67e06-bbeb-4bea-8939-bc29ca785b0e
8.https://www.nytimes.com/2010/02/27/business/27imf.html
9.https://www.economist.com/finance-and-economics/1998/09/24/one-world-one-money
10.https://www.google.com/amp/s/www.cityam.com/world-reserve-currencies-is-the-us-dollars-days-numbered/amp/
11.https://www.eastasiaforum.org/2019/09/22/the-dollar-shouldnt-be-the-reserve-currency-but-neither-should-the-renminbi/

Will CBDC's be created at the same time as the SDR's? Will exchange rates of CBDC's be anchored to Quotas? Is the IMF a fund or potentially more like a Central Bank for the World? How did the IMF come about?
Central Bank Digital Coins - CBDC's
https://www.imf.org/en/Publications/Staff-Discussion-Notes/Issues/2018/11/13/Casting-Light-on-Central-Bank-Digital-Currencies-46233

2.https://www.imf.org/en/News/Articles/2019/05/13/sp051419-stablecoins-central-bank-digital-currencies-and-cross-border-payments
https://www.google.com/amp/s/techwireasia.com/amp/2020/03/central-banks-are-keen-on-digital-currencies-the-imf-is-backing-them/
3.
https://m.economictimes.com/markets/stocks/news/central-banks-wake-up-to-digital-currency-create-new-framework-with-wef/articleshow/73554517.cms
4.
https://www.forbes.com/sites/pawelkuskowski/2020/06/07/central-bank-digital-currencies-cbdc-a-crisis-recovery-tool-for-governments/5.
https://www.weforum.org/press/2020/01/central-banks-waking-up-to-digital-currency-create-new-framework-for-cbdc-deployment-with-world-economic-forum-177ca5d9ee/6.
https://www.theblockcrypto.com/linked/41243/imf-officials-say-synthetic-cbdc-with-a-public-private-partnership-is-the-better-option7.
https://blockchain.news/insight/private-firms-can-boost-innovation-of-central-bank-digital-currencysays-imf-8.
https://coinidol.com/official-promote-digital-currency/9.
https://bitcoinexchangeguide.com/top-imf-official-calls-for-synthetic-central-bank-digital-currencies-cbdc-development/10
  1. England:https://www.bloomberg.com/amp/news/articles/2020-07-13/bank-of-england-debating-digital-currency-creation-bailey-says
  2. USA:https://www.forbes.com/sites/jasonbrett/2020/03/23/new-coronavirus-stimulus-bill-introduces-digital-dollar-and-digital-dollar-wallets/amp/
https://www.google.com/amp/s/www.wsj.com/amp/articles/fed-digital-dollars-are-part-of-debate-over-coronavirus-stimulus-11585085518
  1. Australiahttps://www.businessinsider.com.au/the-rba-has-been-secretly-working-on-an-all-digital-version-of-the-australian-dollar-but-it-may-not-release-it-to-the-public-at-all-2020-1
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/
  1. Canadahttps://www.ledgerinsights.com/canada-exploring-consumer-cbdc/
  2. Swedenhttps://www.google.com/amp/s/cointelegraph.com/news/sweden-is-testing-its-new-central-bank-digital-currency/amp
  3. Norwayhttps://www.norges-bank.no/en/news-events/news-publications/News-items/2019/2019-06-27-cbdc/
  4. European Unionhttps://www.google.com/amp/s/finance.yahoo.com/amphtml/news/dutch-central-bank-wants-european-191627776.html
  5. Singaporehttps://chainbulletin.com/singapore-ready-to-explore-cbdc-together-with-china/amp/
  6. New Zealand:https://investmentnews.co.nz/investment-news/digital-central-bank-money-tipped-for-world-dominance/
  7. Chinahttps://www.ledgerinsights.com/china-central-bank-digital-currency-cbdc-renminbi-dolla

SideNote:

The World Economic Forum is planning a major event for January of 2021 that will focus on the "Great Reset" and the "4th Industrial Revolution".
https://www.weforum.org/great-reset/
https://www.weforum.org/agenda/2016/01/what-is-the-fourth-industrial-revolution/

Prince Charles wants to reset - Do you?
https://www.theguardian.com/uk-news/2020/jun/03/pandemic-is-chance-to-reset-global-economy-says-prince-charles

What are they gonna reset?

TL:DR
!. Potential collapse of the US dollar.
  1. Replaced by IMF SDR's
3.Complimented by new CBDC's
  1. How is this connection the WEF "Great Reset..
Its time to read, learn and share!

Edit = Added TL:DR
submitted by andrew77mc to conspiracy [link] [comments]

Regulatory Solutions to the MLM problem?

Title says it all. I’m curious if anyone has any interesting regulatory solutions or legal frameworks that would be able to limit the destructive impact of MLM’s?
Personally, I support changing our federal (legal) definition of fraud to include a more broad non exhaustive illustrative list of multi-level marketing companies and deceptive recruitment practices.
For example, I saw recently on social media website a man arguing with a recent college graduate about how his new mortgage was a bad investment as (presumably) he should be investing in his “forex” scheme (basically a pay to play subscription). This very same individual that was criticizing the new home owner had a stereo typical profile showing “wealth” and encouraging others to “join his team”. I’m not sure about the exact phraseology of a statute that limits an individuals ability to make broad, vague statements about future wealth projections with the necessary intent of recruiting others (ie victims) but may be someone on here has an idea.
In all honesty I think these cases are pretty easily prosecutable (speaking as an individual in the legal community) and would love to hear other ideas or cons to further enforced prosecution. Open to state and federal solutions.
Edit possible solution;
Testers - so fair housing testers have been around for a while now and have shown to be relatively effective at stopping discrimination in housing (it’s not perfect and I get that). For those that don’t know what I’m talking about, “Testing refers to the use of individuals who, without any bona fide intent to rent or purchase a home, apartment, or other dwelling, pose as prospective buyers or renters of real estate for the purpose of gathering information” - i.e. they wait for the landlord to essentially out his or her self as acting discriminatory towards a protected class through the application process for housing.
What if the federal trade commission likewise created the same functional program whereby individuals / lawyers are monetarily incentivized to probe the independent distributors for fraud while posing as bona fide interested investors. If you make the act of fraud in the MLM space financially untenable, with realistic consequences for the individuals attempting to attract victims it could realistically do some good. Granted there are plenty of externalities in play here.
Another issue / possible solution I would have is in registration for these companies. In terms of governance, I think it’s hard to define what separates Karen’s claims of financial freedom from a commercial advertising for wealth management (of course we can see the difference, the hard part is writing a law that reflects the deference). So another possible additional road block is creating harsher regulations / licensing for multi level marketing companies. One example would be requiring approval from the Secretary of State, or Federal Trade Commission before these companies can be operational ensuring their business plans don’t rely on recruiting. Now there will always be those that will disregard the rules, but it’s way easier to shut down an operation without a license than determine the legitimacy of that businesses operations.
submitted by evan-atx to antiMLM [link] [comments]

TomoChain September Recap: All the latest September Actions!

TomoChain September Recap: All the latest September Actions!
It seems as if TomoChain has been teleporting all over the place in the month of September. You saw us presented at blockchain events all over South-East Asia, made an appearance in the U.S. exchange market, travelled back home to make proposals to the Vietnamese government, and hopped back to TomoChain’s office to perfect our products. It’s a never resting grind here in the TomoChain’s world. Let’s check out what hard work has been laid down this past month.
https://preview.redd.it/togdhc4ayvp31.png?width=5000&format=png&auto=webp&s=1137c84a7eac8c8c27e6f876f41e18597311de57
***
  • Past events
- AMA with Crypto Nation.
- AMA with Conflux – answer community’s question to learn more about Conflux’s future plans and partnership with TomoChain.
- TomoChain welcome special guests to visit our office, experience using our products and exchange international cultures.
- TomoChain Japan launched its LINE group, opening up a new information exchange platform for the community.
- TomoChain attended Singapore Consensus – Invest:Asia.
- TOMO team is excited to be invited by HashKey Group to attend Shanghai International Blockchain Week, the largest Blockchain conference in China.
- Long Vuong presented to Vietnam's Ministry of Justice about the benefits of public blockchain, suggesting a proposal to develop a regulatory legal framework to apply blockchain as a potential system for the development of Vietnam's economy.
- TomoChain’s CFO - Ms. Le Ho, was invited to attend the State Bank of Vietnam's conference about nurturing sustainable Fintech ecosystems, including blockchain in Vietnam
- Blockchain representatives in Vietnam, including TomoChain requested a ‘sandbox’ for the technology while meeting with Government agencies.
***
  • Must read/watch
- Loyalty Point on Blockchain – changing consumer’s experience in everyday life shopping. TomoChain proposes better approach which we believe will be the standard for the whole market in the foreseeable future. With TomoZ, TomoX protocols based on TomoChain, the adoption of blockchain can soon come to each consumer’s fingertips.
- Listen to Long Vuong’s opinion on how TomoChain is racing towards Crypto Mass Adoption. TomoChain continues to experiment with the right infrastructure, models and products to help catch up with the development of web 3.0, attracting more mainstream users to this technology.
- Problems business faces when applying blockchain. Integrating a new blockchain technology isn’t just “plug and play”. TomoChain has been working hard on implementing solutions for enterprises and will provide expertise for how smart contract can be built on blockchain.
- Long Vuong shared TomoChain’s exciting future in an exclusive interview with The Daily Chain. The crypto industry is still at a very early stage but the vision of building an alternative financial system and decentralized web is strong and viable. If we continue building and improving, crypto finance will continue growing the market share.

***Thank you for all your support! Let's look forward to what October will bring us! ***
submitted by alexngn201 to Tomochain [link] [comments]

DIGITAL GOLD STABLE COIN (GOLD TOKEN) IS THE STABLE COIN YOU NEED TO INVEST IN GOLD METAL

DIGITAL GOLD STABLE COIN (GOLD TOKEN) IS THE STABLE COIN YOU NEED TO INVEST IN GOLD METAL
https://preview.redd.it/5mv99mcgf9641.jpg?width=259&format=pjpg&auto=webp&s=9e0f9b9c0272d594113b2bde74a37c880b665812
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https://preview.redd.it/1qn1kttff9641.jpg?width=304&format=pjpg&auto=webp&s=84469aee05d502a75ca9f3b6a3b3ceb496c8d7c3
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https://preview.redd.it/xxkki22hf9641.jpg?width=275&format=pjpg&auto=webp&s=5b50bb32b68d3a832f61e492e4a6729550cb785a
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https://preview.redd.it/7perx8shf9641.jpg?width=280&format=pjpg&auto=webp&s=5c48d7d0ccda204f585c66b10f34c857504693a2
End
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Author: IVEXO
https://bitcointalk.org/index.php?action=profile;u=1942787
submitted by AlisaDowdy to Crypto_ICO_Investing [link] [comments]

[ECON] 2022 People's Bank of China Statement

Press Conference with the Governor of the People's Bank of China 任中国人民银行行长 Yi Gang 易纲 on current monetary and regulatory matters in the People's Republic of China for the year 2022
Dear Ladies and Gentlemen
The People's Bank of China (PBOC) is gladdened to announce that the efforts made by the Bank to consolidate financial markets and reign in unproductive credit and the misappropriation in debt lending are seeing bountiful returns. For the 2022 year forecast, we are thus heartened to state that the economy has exponentially preformed to bring growth above 7 percent, beating negative analysis on efforts on the PBOC and government's meaningful reforms to address core structural issues that have threatened the Chinese and global economy.
While we have identified specific measures in relation to consumer demand and business growth, in conjunction with the improving regulatory framework, we foresee promising inflationary movement and are pleased to see an adaptive labour market take hold in overall trends for key benchmarks.
In regards to the current developments in the Banks's stimulus efforts, we shall maintain the current level of market guidance and capital assistance. While we continue this approach, we are constantly assessing the Mainland's capital markets liquidity and should concerns be spotted that identify general overheating, the PBOC is ready to address those concerns and enforce targeted measures.
Now, onto the main elements of the year's statement: the current status on the internationalisation of the Renminbi and policy responses to optimise a favourable environment as well as new guidelines on capital market
The following discussion shall be complimented with the following handout:

The Renminbi - The People's Currency, and Soon the World's?

The Continued Dollar Dominance
Chinese Efforts to Open Up the Renminbi - An Uneven Effort
Making The Cross Across the Riverbed Towards A More Global Renminbi
The PBOC has issued the following in its Guiding Measures to the Chinese Mainland and SAR financial markets:
This new rule will further buoy the offshore Renminbi (“Dim Sum”) bond market and accelerate the pace of Renminbi internationalisation.
submitted by Relativity_One to GlobalPowers [link] [comments]

Indiab Financial Sector

The Financial Stability and Development Council (FSDC) of the RBI on Friday reviewed recent developments in global and domestic economies and deliberated upon revisiting some existing laws to detect early warnings of instability. The FSDC Sub-Committee discussed measures to promote interest and competition in stressed asset markets, enhance the scope of Legal Entity Identifier to more effectively monitor group exposures and issues relating to credit rating agencies and audit quality.
-Economic Times
Finance Minister Nirmala Sitharaman in a press briefing today mandated the central public sector enterprises to pay outstanding dues to dealers and vendors by Oct 15. Sitharaman said that beyond that no excuses will be heard.
-Economic Times
The RBI has put Lakshmi Vilas Bank under prompt corrective action framework due to high bad loans and insufficient capital.
-Business Line
The Punjab and Maharashtra Co-operative (PMC) Bank has an exposure of ₹2,500 crore to real estate developer HDIL, which had stopped servicing it for the past 3 years or so, the bank’s former MD & CEO Joy Thomas admitted.
-Business Line
Lakshmi Vilas Bank today said it has got shareholders' approval to raise up to Rs 1,000 crore by issuance of securities. The resolution to raise funds by issuance of securities, including American Depository Receipt (ADR) and Global Depository Receipt (GDR), was approved by shareholders in the annual general meeting held on September 27, it said in a regulatory filing.
-Business Standard
Financially stressed Dewan Housing Finance Corporation Ltd (DHFL) said 2.3% of each category of lenders' debt exposure to it will be converted into equity at an assumed price of Rs 54 per equity share, as per the Corporation's proposed resolution plan.
-Business Line
The Ministry of Finance, in a notification dated September 28, 2019, announced that it has extended the deadline to link PAN with Aadhaar to December 31, 2019. Earlier this deadline was September 30, 2019.
-Economic Times
The Delhi High Court, Yesterday decided to examine the allegations, in a PIL by an NGO, of financial irregularities, siphoning of funds and other violations against the promoters of Indiabulls Housing Finance Ltd (IBHFL). The bench issued notice to the central government, the RBI and Indiabulls seeking their stand on the petition filed by an NGO.
-Economic Times
India's forex reserves declined by $388 million to $428.572 billion for the week ended September 20 due to a slide in core currency and gold assets, the Reserve Bank said on Friday. The overall reserves had declined by $649 million to $428.960 billion in the previous reporting week. They had touched a life-time high of $430.572 billion in August this year.
-Moneycontrol.com
 -#280919 
submitted by venuangamaly to indianews [link] [comments]

Indian Financial Sector

The Central Government has been holding meetings with Asian Development Bank, World Bank, and German state-owned development bank KfW for access to low-cost capital to Indian MSMEs, according to MSME minister Nitin Gadkari. The comments gain significance as lack of capital is the biggest challenge for the growth of MSMEs.
-Financial Express
The RBI today asked banks to link all new floating-rate loans for housing, personal and MSMEs to external benchmark based interest rate from 1 Oct, in a bid to allow faster transmission of its rate cuts to consumers. It has been observed that due to various reasons, the transmission of policy rate changes to the lending rate of banks under the current MCLR framework has not been satisfactory, the RBI said in a statement.
-Livemint
PSBs can now create Chief General Manager (CGM) posts as per their business needs. The Department of Financial Services (DFS) in the Finance Ministry granted the flexibility to all nationalised banks. CGM posts (in a fresh scale termed as scale VIII) can be created (with Board approval) in nationalised banks that have total business of ₹10 lakh crore or higher, sources said. Such CGMs will act as an administrative and functional layer between the existing levels of General Manager and Executive Director. The number of CGM posts created should not exceed the ratio of 1:4 between the total number of posts of CGM and GM.
-Budiness Line
The RBI-constituted task-force on developing a vibrant secondary market for corporate loans has called for setting up a central loan contract registry to remove information asymmetries between buyers and sellers. The 6-member task force, headed by Canara Bank chairman TN Manoharan, was formed to examine the scope for developing a secondary market for corporate loans and make recommendations to facilitate rapid development of such a vibrant market.
-Business Standard
Global rating agency Moody's on September 4 upgraded the outlook on Punjab National Bank, which will merge OBC and United Bank of India with itself, to 'positive' from 'stable'. It also affirmed the local and foreign currency deposit ratings of Canara Bank, OBC, Syndicate Bank and Union Bank at Baa3/P-3.
-Moneycontrol.com
Canara Bank today said its board will meet next week to consider capital infusion of up to Rs 9,000 crore through issuance of preferential equity shares to the government of India. The board will also consider amalgamation of Syndicate Bank with it, the Bank said in a regulatory filing.
-Moneycontrol.com
HR integration will be the top priority in the merger of Syndicate Bank with Canara Bank and branch rationalisation would be looked at only after all aspects of integration are completek, . Syndicate Bank’s MD & CEO Mrutyunjay Mahapatra said. He saidthat the merger process will not slow down business.
-Economic Times
Canara Bank MD & CEO R A Sankara Narayanan, told that there would not be any loss of employment after merger. He had also confirmed that both the banks will stick to business projections and have a dedicated team to focus on integration without affecting normal business.
-Economic Times
LIC, that has seen its investment in IDBI Bank erode by more than half over the past year or so, has also seen the value of its investments in other PSU banks plunge. The sharp fall in the price of PSU bank stocks and dilution of its stake owing to capital infusion by the government, has eroded its wealth in these banks. LIC has lost over Rs 17,000 crore of its wealth in PSBs over the past year. Excluding IDBI Bank, it has lost over ₹4,800 crore in other PSBs.
-Business Line
ICICI Bank has cut its lending rates by 0.10% across all maturities, sources said on Sep 4. Under the revised rates, effective Sep 1, the bank's 1-year MCLR will come down to 8.55%, while the overnight MCLR will be 8.30%.
-Moneycontrol.com
Bank of Baroda will raise up to Rs 1,132.05 crore by issuing fresh shares to its staff under the Employee Share Purchase Scheme (ESPS), the bank said. Bank of Baroda will raise up to Rs 1,132.05 crore by issuing fresh shares to its staff under the ESPS, the bank said. The decision was taken by the compensation committee of the board at its meeting held on Tuesday, the bank said in a regulatory filing. decision was taken by the compensation committee of the board at its meeting held on Tuesday, the bank said in a regulatory filing.
-Moneycontrol.com
YES Bank has settled a case pertaining to ‘selective disclosure’ of assets quality with market regulator SEBI. The Bank settled the matter under the so-called consent mechanism paying Rs 51.6 lakh as settlement charges. Yes Bank’s compliance officer Shivanand Shettigar paid another Rs 14.45 lakh as settlement charges in the same matter.
-Business Standard
Wipro has received a long-term $300 million contract from ICICI Bank to provide digital technology led services. The Co said in a filing to the BSE that it has secured a strategic 7-year engagement from the bank.
-Economic Times
Digital payments saw significant growth in August, with the Unified Payments Interface (UPI) and IMPS touching record highs in terms of both volumes and number of transactions, while payments on BHIM also rose to a 10-month high.
-Business Line
Rating agency CRISIL today cut India’s fiscal year 2020 GDP growthforecast to 6.3% from its earlier forecast of 6.9%, after the economy grew 5% in the first quarter, it’s slowest in almost 6 years. The agency said that lower GDP growth forecast corroborates that India’s economic slowdown is deeper and more broad-based than suspected.
-Economic Times
Even as gross NPA are expected to come down marginally by end of ongoing fiscal, assets over Rs 1 lakh crore that are under pressure are still to be recognised as bad loans, a report by ASSOCHAM- CRISIL said.
-Financial Express
BSNL is monetising land assets to improve revenue while cutting operational costs in the absence of revival package from the government, according to chairman Pravin Kumar Purwar. The telco is looking at cutting its workforce by nearly half once the Centre approves its much-awaited voluntary retirement scheme, Purwar told.
-Economic Times
Rising gold prices have prompted the RBI to apply the brakes to its purchase of the metal as a forex reserve asset. After the last offtake of 5.6 tonnes this April, the apex bank has not made any fresh purchases. According to the data from the International Monetary Fund's International Financial Statistics (IFS), RBI has been holding 618 tonnes of gold as part of its forex reserves since April this year.
-Business Standard
USD/INR 72.12
SENSEX 36724.74(+161.83)
NIFTY50 10844.65(+46.75)
 -#040919 
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stock marketing full guide 2019

stock marketing full guide 2019
stock market

What's the Stock Market? full guide.

The inventory market refers back to the assortment of markets and exchanges the place common actions of shopping for, promoting, and issuance of shares of publicly-held firms happen. Such monetary actions are performed by way of institutionalized formal exchanges or over-the-counter (OTC) marketplaces which function underneath an outlined set of laws. There may be a number of inventory buying and selling venues in a rustic or an area which permit transactions in shares and different types of securities.
Whereas each phrase - inventory market and inventory alternate - are used interchangeably, the latter time period is usually a subset of the previous. If one says that she trades within the inventory market, it implies that she buys and sells shares/equities on one (or extra) of the inventory alternate(s) which are a part of the general inventory market. The main inventory exchanges within the U.S. embrace the New York Stock Exchange (NYSE), Nasdaq, the Higher Different Buying and selling System (BATS). and the Chicago Board Options Exchange (CBOE). These main nationwide exchanges, together with a number of different exchanges working within the nation, type the inventory market of the U.S.
Although it's known as an inventory market or fairness market and is primarily identified for buying and selling shares/equities, different monetary securities - like exchange-traded funds (ETF), corporate bonds and derivatives primarily based on shares, commodities, currencies, and bonds - are additionally traded within the inventory markets.

Read also.

Inventory Market

Understanding the Inventory Market

Whereas right this moment it's potential to buy nearly every part online, there's often a delegated marketplace for each commodity. For example, folks drive to metropolis outskirts and farmlands to buy Christmas bushes, go to the native timber market to purchase wooden and different obligatory materials for house furnishings and renovations, and go to shops like Walmart for his or her common grocery provides.
Such devoted markets function a platform the place quite a few patrons and sellers meet, work together and transact. For the reason that a variety of market individuals is large, one is assured of good worth. For instance, if there is just one vendor of Christmas bushes in your complete metropolis, he could have the freedom to cost any worth he pleases because the patrons gained’t have wherever else to go. If the variety of tree sellers is massive in a standard market, they must compete in opposition to one another to draw patrons. The patrons can be spoiled for selection with low- or optimum-pricing making it a good market with worth transparency. Even whereas buying online, patrons examine costs supplied by totally different sellers on the identical buying portal or throughout totally different portals to get one of the best offers, forcing the assorted online sellers to supply one of the best worth.
An inventory market is an identical designated marketplace for buying and selling numerous sorts of securities in a managed, safe and managed the atmosphere. For the reason that inventory market brings collectively a whole bunch of hundreds of market individuals who want to purchase and promote shares, it ensures honest pricing practices and transparency in transactions. Whereas earlier inventory markets used to situation and deal in paper-based bodily share certificates, the fashionable day computer-aided inventory markets function electronically.

How the Inventory Market Works

In a nutshell, inventory markets present a safe and controlled atmosphere the place market individuals can transact in shares and different eligible monetary devices with confidence with zero- to low-operational danger. Working underneath the outlined guidelines as acknowledged by the regulator, the inventory markets act as primary markets and as secondary markets.
As the main market, the inventory market permits firms to the situation and promote their shares to the wider public for the primary time by way of the method of initial public offerings (IPO). This exercise helps firms increase obligatory capital from traders. It primarily implies that an organization divides itself into quite a few shares (say, 20 million shares) and sells part of these shares (say, 5 million shares) to the wider public at a worth (say, $10 per share).
To facilitate this course of, an organization wants a market the place these shares may be offered. This market is offered by the inventory market. If every part goes as per the plans, the corporate will efficiently promote the 5 million shares at a worth of $10 per share and acquire $50 million value of funds. Traders will get the corporate shares which they will anticipate to carry for his or her most well-liked length, in anticipation of rising in share worth and any potential revenue within the type of dividend funds. The inventory alternate acts as a facilitator for this capital elevating course of and receives a charge for its providers from the corporate and its monetary companions.
Following the first-time share issuance IPO train known as the itemizing course of, the inventory alternate additionally serves because the buying and selling platform that facilitates common shopping for and promoting of the listed shares. This constitutes the secondary market. The inventory alternate earns a charge for each commerce that happens on its platform in the course of the secondary market exercise.
The inventory alternate shoulders the accountability of making certain price transparency, liquidity, price discovery and honest dealings in such buying and selling actions. As nearly all main inventory markets throughout the globe now function electronically, the alternate maintains buying and selling techniques that effectively handle the purchase and promote orders from numerous market individuals. They carry out the worth matching operate to facilitate commerce execution at a worth honest to each patron and sellers.
A listed firm can also supply new, extra shares by way of different choices at a later stage, like by way of rights issue or by way of follow-on offers. They could even buyback or delist their shares. The inventory alternate facilitates such transactions.
The inventory alternate usually creates and maintains numerous market-level and sector-specific indicators, just like the S&P 500 index or Nasdaq 100 index, which give a measure to trace the motion of the general market.
The inventory exchanges additionally preserve all firm information, bulletins, and monetary reporting, which may be often accessed on their official web sites. An inventory alternate additionally helps numerous different corporate-level, transaction-related actions. For example, worthwhile firms might reward traders by paying dividends which often comes from the part of the corporate’s earnings. The alternate maintains all such data and will assist its processing to a sure extent.

Features of an Inventory Market

An inventory market primarily serves the next features:
Truthful Dealing in Securities Transactions: Relying on the usual rules of demand and supply, the inventory alternate wants to make sure that all market individuals have instantaneous entry to information for all purchase and promote orders thereby serving to within the honest and clear pricing of securities. Moreover, it also needs to carry out environment-friendly matching of acceptable purchase and promote orders.
For instance, there could also be three patrons who've positioned orders for purchasing Microsoft shares at $100, $105 and $110, and there could also be 4 sellers who're keen to promote Microsoft shares at $110, $112, $115 and $120. The alternate (by way of their pc operated automated buying and selling techniques) wants to make sure that one of the best purchase and greatest promote are matched, which on this case is at $110 for the given amount of commerce.
Environment-friendly Value Discovery: Inventory markets must assist an environment-friendly mechanism for worth discovery, which refers back to the act of deciding the correct worth of a safety and is often carried out by assessing market provide and demand and different components related to the transactions.
Say, a U.S.-based software program firm is buying and selling at a worth of $100 and has a market capitalization of $5 billion. Information merchandise is available in that the EU regulator has imposed a wonderful of $2 billion on the corporate which primarily implies that 40 % of the corporate’s worth could also be worn out. Whereas the inventory market might have imposed a buying and selling worth vary of $90 and $110 on the corporate’s share worth, it ought to effectively change the permissible buying and selling worth restrict to accommodate for the potential adjustments within the share worth, else shareholders might battle to commerce at a good worth.
Liquidity Upkeep: Whereas getting the variety of patrons and sellers for a specific monetary safety are uncontrolled for the inventory market, it wants to make sure that whosoever is certified and keen to commerce will get instantaneous entry to position orders which ought to get executed on the honest worth.
Safety and Validity of Transactions: Whereas extra individuals are vital for environment-friendly working of a market, the identical market wants to make sure that all individuals are verified and stay compliant with the required guidelines and laws, leaving no room for default by any of the events. Moreover, it ought to make sure that all related entities working out there should additionally adhere to the principles, and work inside the authorized framework given by the regulator.
Help All Eligible Kinds of Contributors: A market is made by quite a lot of individuals, which embrace market makers, traders, merchants, speculators, and hedgers. All these individuals function within the inventory market with totally different roles and features. For example, an investor might purchase shares and maintain them for long run spanning a few years, whereas a dealer might enter and exit a place inside seconds. A market maker gives obligatory liquidity out there, whereas a hedger might prefer to commerce in derivatives for mitigating the danger concerned in investments. The inventory market ought to make sure that all such individuals are capable of function seamlessly fulfilling their desired roles to make sure the market continues to function effectively.
Investor Safety: Together with rich and institutional traders, a really massive variety of small traders are additionally served by the inventory marketplace for their small quantity of investments. These traders might have restricted monetary information, and will not be totally conscious of the pitfalls of investing in shares and different listed devices. The inventory alternate should implement obligatory measures to supply the required safety to such traders to protect them from monetary loss and guarantee buyer belief.
For example, an inventory alternate might categorize shares in numerous segments relying on their danger profiles and permit restricted or no buying and selling by widespread traders in high-risk shares. Derivatives, which have been described by Warren Buffett as monetary weapons of mass destruction, aren't for everybody as one might lose far more than they guess for. Exchanges usually impose restrictions to forestall people with restricted revenue and information from entering into dangerous bets of derivatives.
Balanced Regulation: Listed firms are largely regulated and their dealings are monitored by market regulators, just like the Securities and Exchange Commission (SEC) of the U.S. Moreover, exchanges additionally mandate sure necessities – like, well timed submitting of quarterly monetary stories and instantaneous reporting of any related developments - to make sure all market individuals grow to be conscious of company happenings. Failure to stick to the laws can result in the suspension of buying and selling by the exchanges and different disciplinary measures.

Regulating the Inventory Market

An area monetary regulator or competent financial authority or institute is assigned the duty of regulating the inventory market of a rustic. The Securities and Alternate Fee (SEC) is the regulatory physique charged with overseeing the U.S. inventory markets. The SEC is a federal company that works independently of the federal government and political strain. The mission of the SEC is acknowledged as: "to guard traders, preserve honest, orderly, and environment-friendly markets, and facilitate capital formation."

Inventory Market Contributors

Together with long-term traders and brief time period merchants, there are a lot of several types of gamers related to the inventory market. Everyone has a singular function, however, lots of the roles are intertwined and rely on one another to make the market run successfully.
  • Stockbrokers, also called registered representatives within the U.S., are the licensed professionals who purchase and promote securities on behalf of traders. The brokers act as intermediaries between the inventory exchanges and the traders by shopping for and promoting shares on the traders' behalf. An account with a retail dealer is required to realize entry to the markets.
  • Portfolio managers are professionals who make investments portfolios, or collections of securities, for purchasers. These managers get suggestions from analysts and make the purchase or promote choices for the portfolio. Mutual fund firms, hedge funds, and pension plans use portfolio managers to make choices and set the funding methods for the cash they maintain.
  • Investment bankers characterize firms in numerous capacities, comparable to personal firms that wish to go public through an IPO or firms which are concerned in pending mergers and acquisitions. They care for the itemizing course of in compliance with the regulatory necessities of the inventory market.
  • Custodian and depot service suppliers, that are establishment holding prospects' securities for safekeeping in order to reduce the danger of their theft or loss, additionally function in sync with the alternative to switch shares to/from the respective accounts of transacting events primarily based on buying and selling on the inventory market.
  • Market maker: A market maker is a broker-dealer who facilitates the buying and selling of shares by posting bid and ask costs together with sustaining a listing of shares. He ensures adequate liquidity out there for a specific (set of) share(s), and income from the distinction between the bid and the ask worth he quotes.

How Inventory Exchanges Make Cash

Inventory exchanges function as for-profit institutes and cost a charge for his or her providers. The first supply of revenue for these inventory exchanges are the revenues from the transaction charges which are charged for every commerce carried out on its platform. Moreover, exchanges earn income from the itemizing charge charged to firms in the course of the IPO course of and different follow-on choices.
The alternate additionally earn from promoting market information generated on its platform - like real-time information, historical information, abstract information, and reference information – which is significant for fairness analysis and different makes use of. Many exchanges will even promote know-how merchandise, like a buying and selling terminal and devoted community connection to the alternate, to the events for an acceptable charge.
The alternate might supply privileged providers like high-frequency trading to bigger purchasers like mutual funds and asset management companies (AMC), and earn cash accordingly. There are provisions for regulatory charge and registration charge for various profiles of market individuals, just like the market maker and dealer, which type different sources of revenue for the inventory exchanges.
The alternate additionally make income by licensing their indexes (and their methodology) that are generally used as a benchmark for launching numerous merchandise like mutual funds and ETFs by AMCs.
Many exchanges additionally present programs and certification on numerous monetary matters to trade individuals and earn revenues from such subscriptions.

Competitors for Inventory Markets

Whereas particular person inventory exchanges compete in opposition to one another to get most transaction quantity, they're dealing with menace on two fronts.
Darkish Swimming pools: Dark pools, that are personal exchanges or boards for securities buying and selling and function inside personal teams, are posing a problem to public inventory markets. Although their authorized validity is topic to native laws, they're gaining a reputation as individuals save massive on transaction charges.
Blockchain Ventures: Amid rising reputation of blockchains, many crypto exchanges have emerged. Such exchanges are venues for buying and selling cryptocurrencies and derivatives related to that asset class. Although their reputation stays restricted, they pose a menace to the standard inventory market mannequin by automating a bulk of the work completed by numerous inventory market individuals and by providing zero- to low-cost providers.

Significance of the Inventory Market

The inventory market is among the most significant parts of a free-market economic system.
It permits firms to lift cash by providing inventory shares and company bonds. It lets widespread traders take part within the monetary achievements of the businesses, make income by way of capital gains, and earn cash by way of dividends, though losses are additionally potential. Whereas institutional traders {and professional} cash managers do get pleasure from some privileges owing to their deep pockets, higher information and better danger taking skills, the inventory market makes an attempt to supply a stage taking part in subject to widespread people.
The inventory market works as a platform by way of which financial savings and investments of people are channelized into the productive funding proposals. In the long run, it helps in capital formation & financial progress for the nation.

KEY TAKEAWAYS

  • Inventory markets are very important parts of a free-market economic system as a result of they permit democratized entry to buying and selling and alternate of capital for traders of all types.
  • They carry out a number of features in markets, together with environment-friendly worth discovery and environment-friendly dealing.
  • Within the US, the inventory market is regulated by the SEC and native regulatory our bodies.

Examples of Inventory Markets

The primary inventory market on the planet was the London inventory alternate. It was begun in a coffeehouse, the place merchants used to satisfy to alternate shares, in 1773. The primary inventory alternate in the USA of America began in Philadelphia in 1790. The Buttonwood settlement, so named as a result of it was signed underneath a buttonwood tree, marked the beginnings of New York's Wall Avenue in 1792. The settlement was signed by 24 merchants and was the primary American group of its type to commerce in securities. The merchants renamed their enterprise as New York Inventory and Alternate Board in 1817.
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Crypto exchange trade. Remember psychology!

https://medium.com/@sergiygolubyev/crypto-exchange-trade-remember-psychology-6d4433569d9d
Crypto Exchange is a high-tech platform in which all trade transactions are conducted using modern software created based on the latest IT solutions. The emergence of new types of currencies, in particular cryptocurrencies, gives a chance for the rapid development of the world economy as a whole. In turn, structural changes in the international economic system gave impetus to the emergence and development of new types of exchange technologies. Thus, crypto exchanges appeared which allowed its participants anywhere in the world to buy, sell and exchange one cryptocurrency for others, or for fiat of other countries. Each crypto exchange tries to offer customers convenient ways to convert financial instruments, and provides the ability to conduct transactions on its own terms. The high rates of development and distribution of cryptocurrencies, which are based on Blockchain, as well as the gradual wide recognition by the world community and leading economists, ensure the further improvement of exchange technologies. This means that in an effort to provide the most comfortable conditions for its customers, each crypto exchange will take them to an ever-higher quality level of service with innovative nuances. But at the same time, within the framework of the technological process of stock trading, which is available to users (from professional traders to amateurs), the question of psychology and its role in the decision making has not been canceled. Successful trading depends on 70% primarily on the psychology of a trader and only 30% on the trading scheme/strategy.
Trading on the exchange, it is necessary to develop discipline, self-control and be able to respond quickly to changing stock charts. All this will allow you to earn and minimize your losses more effectively. Everyone should remember, from the amateur to the professional, that in the financial markets you can not only earn money, but also lose money. Cryptocurrency rates are still subject to political and regulatory influences; their value is influenced by the reputation of the company's founders, informational insertions about blockchain projects and plans for their further development, scandals and disclosures. Nevertheless, there are simple rules for successful trading from the field of psychology, which will reduce the risks when trying to make money on cryptocurrency and not only. There are a number of problems that always hinder every beginner - amateur:
· Excitement
· Fear
· Greed
· Unwillingness to learn new things
· Imaginary visualization of results
All these problems have psychological aspects. Emotions, feelings and desires significantly influence the trading decisions made by the trader. This happens all the time, not only on traditional exchanges, but also in the cryptocurrency sphere as well. Excitement is an emotional state when it seems to a person that he is lucky, and as the series of successful transactions continues, he performs larger by volume financial transactions. Often, the excitement motivates to turn away from long-term transactions and trends, and look towards short-term operations. After all, it seems that the more often you successfully complete operations, the more capital you earn. Not at all! The more often you make mistakes, leading to a default on your account. Money only is earned on long-term trends and operations. Traders are often worried, fearing an unsuccessful deal closing.
Of course, a loss is bad, but sometimes it is better to close a position in minus than to lose a large amount only because of the hope of a quick price reversal. Therefore, fear often pushes for the wrong strategic decisions. Fear of loss as a result becomes a sentence for your positioning in profit. On the same face with fear, if not strange, is the factor of greed. Having essentially a different source of inspiration, greed, like fear, leads to a generally pitiable result — to the default of your trading account. The reluctance to learn new strategies, technologies, and denial of forecasting also leads to failure. Successful is who always strives to learn new things, and perceives the fact and necessity of continuous learning. Since learning is a process of striving for the progress of its results and professional qualities. Another scourge - Wish list or visualization. Everyone wants to see the price move in the right direction. This is pretty dangerous. By visualizing the price jump in the right direction, you can dream and invest too much in cryptocurrency. This will lead to losses. Here you should always remember to diversify your investments. Remember your psychological portrait even when you program your trading strategies, algorithms and bots. After all, your algorithm is essentially your psychological portrait. Finally, the above-mentioned flaws, especially in the strategy can dominate and damage your deposit and reputation. The main signs of competent crypto-trade are the same as on other exchanges (such as FOREX). This is a kind of algorithm for a sustainable profit strategy:
· Risk no more than 10% of the deposit
· Use risk per trade of 5% or less
· Do not close profitable deals too early
· Do not accumulate losing trades
· Fix quick speculative profit
· Respect the trend
· Pay more attention to liquid assets (cryptocurrency)
· Set your personal entry and exit rules for trades and stick to them
· Long-term trading strategy gives you maximum steady profits
· Do not use the principles of Martingale tactics if there is no experience. You cannot double the volume of the transaction, if it closed in the red zone. If a loss was incurred, then the cryptocurrency market situation was predicted incorrectly and it was necessary to work on improving the analytical skills, and not to conclude a larger deal, which probably also closes in the negative
It is obvious that the psychology of trading significantly affects the performance of stock speculation both in the traditional market and in the field of cryptocurrency. It is important to remember that the success of a person in any field of activity depends on the emotional component, namely the internal balance. Exchange trading is a nervous activity, and if you do not learn to take emotions under control, the results can be disastrous. The basis for achieving success in stock trading, in my opinion, are two fundamental factors. The first factor relates to the field of formulation of the trading idea, and the second - to the area of ​​its implementation.
To formulate a trading idea, on the one hand, methods of technical and fundamental analysis are used to select an exchange instrument and determine the moment of opening and closing a position on it. On the other hand, capital management methods are used to determine the optimal size of the position being opened. As you know, without these two crucial moments it is impossible to achieve stable success in stock trading. As experience shows, for the most part, people have enough intelligence to master all the necessary theoretical knowledge of technical and fundamental analysis in a few months of intensive training. There are no special intellectual difficulties. But, as the same experience shows, this is clearly not enough for successful exchange trading, since all knowledge may turn out to be a useless load if the second success factor is not sufficiently present - the practical implementation of trading ideas, which is no longer based on the intellectual sphere, and psycho-emotional. It is within this area that the main problem arises for many traders, which prevents the receipt of stable profits. As a rule, this is due to the psycho-emotional profile of a person. It depends on how the trader will behave in the psychologically stressful situations that the exchange trading is full of. Inherent in all human emotions and feelings - fear, greed, excitement, envy, hope, etc. very often have a decisive influence on the behavior of traders, not allowing them to follow strictly the trading strategy and plan, even if they have one. From a psychological point of view, the process of stock exchange activity can be divided into stages, after which the trader can return to the starting point. The above scenarios and risk factors are one of the options for the behavior of an exchange speculator; however, it often happens exactly the opposite. Having suffered losses from his first transactions in the market, the trader loses interest in exchange trading, he gives up and he falls into despair. In this case, the first step to victory is the admission of defeat. It would seem silly and ridiculous, but it works. After that, there are two options: either the trader leaves the exchange forever, or returns to the battlefield. Such “returns” may occur more than once. In addition, at some other time, after repeated analysis of his actions, mistakes made and their consequences, a person from a beginner begins to turn into an experienced trader, which is marked by the stability of his activity and, perhaps, by slow, but surely growth of his deposit and profit. The psychological basis for success in trading, which leads to victory and the absence of which is equivalent to defeat, are as follows:
· It is not only the lack of self-control, discipline and focus on the process that causes the defeat
· Self-control, discipline and ability to concentrate is not enough to achieve success
· To achieve success, it is equally important to be able to adapt to changes
In principle, one can consider the idea that traditional approaches to the psychology of trading are limited. In the majority of benefits for traders, the key qualities necessary for successful exchange trading are only self-control and discipline. Of course, these qualities are necessary in any field of business activities. Trading is not an exception, especially considering that it is in the risk zone. But self-control and discipline are not enough to achieve success. Trading is a business. Moreover, any business does not stand still. You cannot find a formula for success and use it forever. You will need to monitor trends and constantly look for new successful solutions.
The main feature of a successful trader is adaptability to changes. The lack of development leads to defeat, large monetary losses. Many technology companies continued to produce stationary computers when laptops became popular. The same companies continued to produce laptops when tablets appeared and became popular. The products of these companies were of high quality, and their employees organized pre-set tasks in an organized manner. But they lost large sums due to the fact that they could not adapt to changes in demand. If we draw a parallel with the sphere of investment, the similarities will become noticeable. The stock market, like any other subject to change. One period is replaced by another. Those methods that allowed achieving success in the previous period can lead to failure in the current. The key concept in stock trading is volatility. The change in this indicates the onset of a new period. When volatility increases, trade becomes more risky. Accordingly, with a decrease in this indicator, the degree of risk during trading operations decreases. With a high level of volatility, trends most often unfold. Strong and weak positions can be swapped out. With a high level of volatility, trends continue for some time. From the foregoing, it should be concluded that market processes and methods during periods of high and low volatility differ strongly. You cannot use the same methods during changing market trends. Often it is the adherence to the previous methods, excessive discipline leads to collapse as well. The fact that the investor was defeated does not mean that he suddenly became morally unstable, unorganized. Trading is trading.
Therefore, we have every right to assert that under the psychology of trade in the markets is meant human preparedness for the risks that inevitably accompany any activity. Trading on the stock exchange is based on the interaction of the three most important components: capital management, analysis, and the psychology of trading (which cannot be considered in conjunction with the other aspects of trading). The psychology of human behavior is a source for understanding what is happening in financial markets. The source for understanding the events occurring in the financial markets and the behavior of traders during exchange trading is the psychology of the human person. Emotions — greed, fear, doubt, hope, a sense of self-preservation — are peculiar to any person in life — are clearly manifested in the hard rhythm of decision-making during the dynamic course of exchange trading (which was partially considered above). Knowledge of the human psychology and their behavioral characteristics must be used to achieve success. The psychology of a trader is formed from a multitude of grains - it is a belief in what one does in the stock market, in one’s actions, in own system of one’s decisions, in trading method. In addition, the psychology of a trader is that one can unload oneself emotionally, one does not accept the intellectual challenge that the stock market carries. On the contrary, becomes restrained, calm when making decisions on operations in the stock market. There are many situations where a trader expresses his attention and focus; he does not disperse it on the tracking of news factors or on the receipt of stimuli from the news agencies. Consequently, the crowd psychology is the factor that makes prices move, therefore, in addition to assessing one's own psychological state, one must be sensitive to changes in the mood of other market participants, move in the flow, not against it, and then success will not take long.
Of course, you can argue that why do I need this psychology? After all, besides creating your own strategies and individual work, some exchanges (including crypto exchanges) allow minimizing risks by following the strategies of experienced traders; this service is called a PAMM account. PAMM provides an opportunity for clients (Subscribers) to follow the trading strategy of experienced and professional traders (Providers). Provider's trading results are publicly available. With the help of the rating of accounts, graphs of profitability and reviews of other traders, you can choose the most suitable Provider and begin to follow his strategy. Again, in this case, the provider is a human with all the ensuing consequences. And psychological aspects are not foreign to professionals as well, including victories and mistakes. The financial market attracts people the possibility of obtaining independence, including financial. A successful trader can live and work in any country in the world without having either a boss or subordinates. The motivation of people on the exchanges can be different: from getting a higher percentage than from a bank to making several thousand dollars a day. At the same time, there are two main categories of people in the financial market (including cryptocurrencies): investors who acquire assets or currency for a relatively long period, and speculators who profit from changes in the prices of certain assets for short periods. Many believe, an easy way to make money is not for everybody. First, the skillful use and manipulation of the psychological aspects of a human make it possible to become a speculator. And this, of course, in addition to knowledge and analytical skills. Experience shows that successful speculation is the right state of mind. It would seem that this is the simplest thing that can be acquired by human. But in fact, this self-tuning is available to very few. It is also necessary to distinguish the psychology of the market and the personal psychology of the trader. The behavior of the market as a whole depends on people, since it is the stock market crowd that determines its direction. However, quite often traders lose sight of the most important component of victory - managing their personal emotions, that is, their psychology. Without control over oneself, there can be no control over one’s trading capital. If a trader is not tuned to the trend range of the stock crowd, if he does not pay attention to changes in her psychology, then he will also not achieve significant success in trading. To succeed on the exchange, one needs to take a sober look at exchange trading, recognize its trends and their changes, and not waste time on dreams or lamenting about failures.
Any price of a financial instrument is a momentary agreement on its value, reached by a market crowd and expressed in the fact of a transaction, i.e. it is the equilibrium point between the players for a rise and a fall, or the "equilibrium" price. Crowds of traders create asset prices: buyers, sellers and fluctuating market watchers. Charts of prices and trading volumes reflect the psychology of the exchange. In addition, this is always worth remembering! After all, the main purpose of the presence of the analysis of psychology in stock trading is not the quantity, but the quality of transactions. A person striving to become a good trader needs to remember the words of DiNapoli, a well-known stock exchange trader: “The most important trading tool is not a computer, not a service for supplying information, or even methods developed by a trader. It is he himself! If a trader is not suitable for this - he should not trade at all”! Therefore, before pushing orders on the trading platform, think about whether you are suitable for this role.
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Sergiy Golubyev (Сергей Голубев)
EU structural funds, ICO projects, NGO & investment projects, project management, comprehensive support of business
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China Forex Expo 2018 is back on May 18th-19th

After a huge success of the 6th China Forex Expo 2017 with a massive turnout of over 6,000 potential partners and high-end clients and over 50,000 hits and 600 reviews of the live streaming of the conference, China Forex Expo 2018 is back again for all industry players to probe deeply into the Chinese forex market. The 7th China Forex Expo will be taking place on the 18th and 19th of May 2018 at Great China International Exchange Square of Shenzhen. It is a two-day event for traders, investors, affiliates, IBs, fintech companies and brokers from across China and the world.
As the new MiFID II and ESMA regulatory framework tightens up the European forex market, brokers and investors are driving offshore to a new markets like China. China investors and traders become much more active today, presenting a huge opportunity for offshore/local brokers, affiliates, money managers, technology providers, liquidity providers and other specialized services providers. Moreover, china¡¯s unique cultural background makes it hard for overseas brokerage firms to maintain healthy relationship with clients and sometimes they even have no clue about how to enter the market, given several incidents that European-based brokers were physically threatened by angry investors. Thus, offline events and interaction become a must-attend for those planning to expand their clientele in China. In addition, concepts like blockchain, cryptocurrencies and Bitcoin gradually open people¡¯s mind here and many more are talking about it. What does Chinese think of cryptocurrencies? Is blockchain technology that good as it claims? What¡¯s the prospect of blockchain in China?
The 7th China Forex Expo is an excellent place for you to network, to share your insights, and to unlock the secrets of doing business in China. We have exhibition space for brokers and providers to promote their products and services and socialize, free lectures and panel discussions for audience to learn and interact with speakers, coffee zone and play zone for everyone to snatch a little leisure from a busy day.
Don¡¯t hesitate, come to China Forex Expo 2018 to make friends! If you want to?book a booth, take a sponsor package, or join our panel discussion, please contact us at [email protected].
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CIMA BA3 Regulatory Framework Regulators of Financial Markets - FPC, PRA & FCA - YouTube Financial supervisory authority on the forex market - What is Forex The Of Common laws and regulations of trading on the Forex ... Basics of FOREX Part - 1  For Bank Promotions and Bank ... Regulatory Framework relating to securities market ... Rumored Buzz on Forex Transactions A Regulatory Guide ...

The regulatory body which oversees forex trading in the United Kingdom is the FCA (Financial Conduct Authority). A major advantage for brokers licensed by the FCA is that non-professional trading accounts are protected by the Financial Services Compensation Scheme (FSCS). Those new to forex regulation may wonder why this matters. Here’s why the FSCS is so important: in the event that a forex ... There was a plan by the Capital Market Regulatory Institution to design a dedicated forex market trading industry this year, but this great plan, which could have brought smiles to the face of many traders, was brought to a halt by the outbreak of the COVID-19 pandemic that ravaged the whole world. This new initiative is a great relief to many Ghanian traders, and it will go a long way to ... Australia: Australian Securities and Investment Commission. Maximum Forex Leverage: 1:500 Australia is a very popular offshore venue for Forex / CFD traders, due to its mixture of very high maximum leverage, solid but flexible regulatory framework, and large number of ECN brokers. Every country has its regulatory authority that lays down the framework of rules that are to be complied with when operating in the forex trading market. Each forex regulatory body operates within its own jurisdiction and regulation and enforcement vary significantly from country to country. Below is a list of financial regulatory bodies for each country in alphabetical order. Anguilla ... FOREX.com is a trading name of GAIN Capital UK Limited. GAIN Capital UK Ltd is a company incorporated in England and Wales with UK Companies House number 1761813 and with its registered office at Devon House, 58 St Katharine’s Way, London, E1W 1JP. GAIN Capital UK Ltd is authorised and regulated by the Financial Conduct Authority in the UK, with FCA Register Number 113942. GAIN Capital UK ... Accreditation of forex brokers . 4. Advising/assisting member banks in settling issues/matters in their dealings . 5. Represent member banks on government/RBI/other bodies . 6. Announcement of daily and periodical rates to member banks. Regulatory Framework for Foreign Exchange in India: The following section briefly lists down regulatory ... Thanks for the insight, the forex industry is really evolving, personally I think regulation is a good thing but at the same time global regulators need to respect FX trading as a legitimate investing vehicle. I read a similar article on BSS about the regulatory biddies in each country. Getting to know the regulators and how to work with them is the next step for brokers and investment companies. In this post, we will take a look at the forex regulatory framework across Africa. Foreign Exchange (Forex or FX) market is one of the most popular market’s in the world today and it has been ... Forex Regulation Across Africa – The Complete Guide In this post, we will take a look at the forex regulatory framework across Africa. Foreign Exchange (Forex or FX) market is one of the most ... Moreover, government agencies like Central Bank of Nigeria and Securities Exchange Commission of Nigeria are working to establish a regulatory framework in the Forex market. This framework is ...

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CIMA BA3 Regulatory Framework

This video by Vinay Agarwal in Hindi is on Basics of FOREX . It is the first video of the series on Foreign Exchange Business. Foreign exchange business in I... https://rebrand.ly/BFXFAST1 Sign up Now Rumored Buzz on Forex Transactions A Regulatory Guide - lms.graduateschool , Get FOREX BUSINESS SIGNUPS What is Conve... CIMA BA3 Regulatory Framework CIMA BA3 Fundamentals of Financial Accounting Exam Free lectures for the CIMA Certificate in Business Accounting *** The comple... CLICK HERE FOR MORE INFO: https://rebrand.ly/forex33 And start earning in the Forex Market Now! In our growing international company atmosphere, there are bu... Regulators of Financial Markets - FPC, PRA & FCA. Video covering the Regulators of Financial Markets - FPC, PRA & FCA Instagram: @econplusdal Twitter: https:... Financial supervisory authorities on the forex market Items of this lesson: 1-financial supervisory authorities 2-supervisory authorities in London 3-Legal and regulatory bodies in Europe 4-Forex ... Module-II Capital Markets & Securities Laws.

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