April 2015

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Hypocrisy of the CFTC – Unfair Treatment of Sarao Futures – Globex Rules at Fault

Please note: You will better understand this post if you read the CFTC press release first.(press release: Spoofing-Tactics) I just read in the complaint regarding Sarao Futures (enfsaraocomplaint041715) published on cftc.gov that Many market participants, relying on the information contained in the Order Book, consider the total relative number of bid and ask offers in the Order Book when making trading decisions. For instance, if the total number of sell orders significantly…


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Iran: Joint Comprehensive Plan of Action (JCPOA) – Financial Institutions need to act fast to help Economy

The results of the most recent round of discussion regarding the iranian nuclear programme are positive. Provided, Iran and the five UN veto powers aswell as Germany (5+1-group) agree on the missing “techincal details”, the Joint Comprehensive Plan of Action (JCPOA) provides a reliable base for the future international relations to Iran, also in economic terms. The embargo situation remains unchanged for exporters until the final agreement of the JCPOA…


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Goldbach Media (GBMN) – Golden Cross – 50-200SMA Crossover – Technical Breakout Setup

The shares of Goldbach Media (GBMN) look like they are setting up to breakout of their sideways path. Heavy volume and large off market transactions have occured in the last 2 weeks. The 50 (Single Moving Average = SMA; PURPLE) and the 200 (SMA; LIGHT GREEN) are close to crossing. When the 50 crosses above the 200, it’s called a “golden cross.” Generally, a buy signal is established when the shorter-term 50-day…


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Swiss Real Estate Investment Funds – List 2015

Investors looking for a bargain in the Swiss Real Estate market will have trouble finding value. Currently the premium paid is close to 20% (the long term average is 7%). The agios for real estate funds have reached new absoulte highs of over 35%. That’s more than double the historic agio of 16%. Only when compared, this is the key, to the zero yield government bonds or cash markets are…