UAE’s first-ever Islamic Margin Trading rolled out by Al
Margin Trading | What is margin Trading? | IG AE
UAE’s dairy brands see profit margins getting skimmed
Stock Market Investing Advice.
There has been a lot of posts recently about individuals who want to invest their money into the stock market. I have been investing since I was 19 and currently in my early 30s. I have been through a couple of market bubbles and noticed the FOMO crowd. The reason I am writing this post on Dubai is that bankruptcy laws are different here compared to other regions. I have no argument about bankruptcy laws here, as we do not really pay tax for such protection (if you want to comment on that, please do not participate in this post). Before I start, I personally believe that your online presence and especially Reddit should be NET POSITIVE, we all should be adding value to the community. There is a post on how to make brokerage account made by u/AmrRDXBPOST . I believe this guy is a net positive guy do this community. There are two types of trading/investing. One would follow the stock charts (Analytical) and others would follow the company records and finance (fundamental) both approaches have their pros and cons. In layman's terms, one will not open an MMA gym and compete the gym stud of fighters for the UFC unless they know the game, they know techniques of fighters and know who to pick, who to train, and which fighter is ready to compete. Doctors would not do surgery unless they adopt years of education and......... I hope you see where I am going..... Investing is not soo different, you need to understand the market, you need to learn and acquire information, if there is a point where you think you know enough, that is when you should be worried. There are plenty of books out there which discuss and inform their readers on market patterns, I personally advise each one of you who want to invest/trade to read or listen to these books. If you are not willing to spend a couple of hours on a book, then you should not gamble your networth away and maybe post on this group how the bank is calling you for debt payments. My starter book package is the following:
Market Wizards & New Market Wizards by Jack D. Schwager (This book interviews top traders of our century.
How to Make Money in Stocks by William J. O'Neil (This book discusses fundamental and analytical approaches to trades)
Elliott Wave Principle by Ralph Nelson Elliott (this is a very important book, and it analysis market trends, many analytical traders are built on this book)
Fibonacci Trading by Carolyn Boroden (Fibonacci is using the golden numbers rule in trading)
All of Warren Buffett books (key to fundamental and market attitude in investing)
Principles by Ray Dalio (understanding diversification and preparedness for market depression)
Look into Catherine Wood, she is one, in my opinion, the greatest investor in our time. Her investments are future driven. There are few youtube channels which in my opinion are very informative.
Tom Heavey - He condenses information and investors opinion on the markets.
Griffin Milks - Same as Tom Heavy is more focus on the Canadian markets.
Alessio Rastani - Great Analytical traders, his membership is worth it.
Rakaan Kayali - Great Islamic Fundamental Investor, this is a very good option for investors who want to invest in Halal stocks.
I have so much more to say, but this post is getting too long. I recently had a silly argument with one this subreddit member, who want to trade a highly leverage option trade. One thing which I believe is important to the state. In all the interviews with the top traders in market wizards, most, if not all stated that they only practised leveraged/margin trades after years in the market and only then they could accept the risk approach. I believe leverage/margin is the poison of our global economy. I really hope this is helpful to you guys.
Bronze Wing Trading Blog – Trade Finance – Financial Instruments
Stay tuned with Bronze Wing Trading Blog to read more on trade finance services available for importers, exporters, and contractors. Being trade finance providers in Dubai, we specialize in providing the best trade finance solutions for our clients. To read our blogs, visit: https://bronzewingtradingllcreviews.weebly.com/blog.html Do you require trade finance services from rated banks at ZERO Cash Margin and Collateral? We’re here to help you! You can submit your trade finance requirements at our official website: https://www.bwtradefinance.com Or else, you can write to us: [[email protected]](mailto:[email protected]) or call us on +971-4-5519699. We’re now available on all popular Free Voice Calling apps BOTIM / Voico UAE / HiU Messenger / C'Me. Get connected with us on +971-50-4648761
Bronze Wing Trading in Dubai is the leading financial instruments providers. We extend our bank facilities on behalf of importers, exporters, and contractors from our European Bank accounts. Further, to issue these financial instruments, we will not pledge or demand any cash margin or collateral from our clients. Visit this blog to stay up-to-date with our trade finance facilities, click: http://bronzewingtradingllcreviews.weebly.com/ If you require trade finance facilities to conclude your deals or projects, then you can submit your requirements in our website: https://www.bwtradefinance.com or you can write to us: [[email protected]](mailto:[email protected]) or call us @ +971-4-5519699.
Usance LC – Letter of Credit Providers – LC Payment
Being Letter of Credit Providers, Bronze Wing Trading is here to support importers by providing the required LC MT700 from our rated bank account. Here is our recent success on helping an Indian trader to import High-Tech Thermal Cameras Kits from Dubai. We provided Usance LC on behalf of the buyer company and in favor of the supplier within 48 banking days. To see how we facilitated the Letter of Credit for the Indian trader, visit https://www.bwtradefinance.com/usance-lc-to-import-thermal-camera/ To open LC MT700 from rated bank without providing cash margin, contact us today! We’re the leading LC Providers in Dubai and trusted by more than 25,000 clients for their trade finance requirements. For more info, write to us: [[email protected]](mailto:[email protected]) or call us @ +971-4-5519699
Bronze Wing Trading L.L.C, the SBLC providers in Dubai provided SBLC MT760 in favor of Chinese car dealer to help them to get SBLC Import Credit from their bank. To read this success story, visit https://www.bwtradefinance.com/sblc-credit-to-import-cars-from-germany/ Unlike other traditional banking sectors, we won’t demand collateral or cash margin to issue Standby LC on your company’s behalf. Apply for SBLC MT760 now and get it issued within 48 working hours. Submit your requirements online by visiting our website or send an email to: [[email protected]](mailto:[email protected])
Payment Guarantee in Construction – Bronze Wing Trading
The leading construction company in Dubai required advance payment from their developer to meet the initial phase cost of the project. Even in this economy recession, Bronze Wing Trading helped the contractor by providing the Advance Payment Guarantee on their behalf without pledging any cash margin or security. For more info, visit https://www.bwtradefinance.com/payment-guarantee-in-construction/ If you’re looking to avail MT760 on your behalf for your upcoming trade deals or projects, submit your requirements today at [[email protected]](mailto:[email protected]) or call us at +97145519699. We will get back to you with a free quote.
About: Webjet Limited (WEB) is a digital travel business spanning both the global consumer markets (B2C) and the wholesale markets (B2B). The operations includes online sale of travel products, including flight tickets and hotel rooms. The company also has ancillary products such as holiday packages, hotels, car hire and travel insurance. The company has presence in Australia, New Zealand, Dubai, Uk and other foreign countries. Price: 12.97 as of 14/2/20 Fundamentals: Earnings Per Share (EPS) — $0.480: EPS has increased steadily for the last 5 years. Price to Earnings Ratio (P/E) — 27.43: Which is moderate to high compared to companies in the sector Price to Book Ratio (P/B) — 2.68: Which is only marginally higher than FLT, but moderate for its cap size. Rather meaningless for tech stocks though. Debt to Equity Ratio — 0.32. I consider <0.5 acceptable. Return on Equity (ROE) — 11.09% which is way lower than i'd like. But higher than most of the sector. Current Ratio — 0.94 which is concerning. Dividend —22c per share : Dividends have doubled in 5 years. Technicals: Golden Cross: Last crossed 14/2/20. RSI: 51.50 Bollinger Bands: Trading in the middle at the moment. MACD: 0.08 above the signal line OBV: Looks to be on the rise again. Summary Webjet has been hit with the coronavirus plague that's affected tourism stocks. Its also facing long-term competition with google. This makes its future uncertain. However this company is fundamentally sound, with solid historical growth. Technically it appears there is room for a price resurgence assuming travel bans are likely to be lifted in the coming months as coronavirus slows down. I suspect webjet will report reduced profit margins for the 1/2FY report. This will likely drop its price further. Morningstar is valuing the stock at ~$15 currently but i'm a bit more pessimistic. On one hand it could be a good stock to pick up at a discount, on another there's a lot of uncertainty. I'm wondering what others think of WEB.
Infographics – What Is a Standby LC – SBLC Providers
Bronze Wing Trading L.L.C., the SBLC Providers in Dubai publishes this infographic to explain the process to avail SBLC from rated banks to facilitate imports and exports. To know more on- What is a Standby LC, visit https://www.bwtradefinance.com/what-is-a-standby-lc/ Being SBLC providers, we can provide Standby Letter of Credit – SBLC MT760 from rated banks without demanding any cash margin or tangible collateral. For more info, write to us: [[email protected]](mailto:[email protected]) or call us @ +97145519699
And we back! Took a break to allow the Kashmir issue higher priority. -Japan to import skilled manpower from Pakistan Japan has agreed to sign a Memorandum of Understanding with Pakistan for import of thousands of skilled labour to be inducted in multiple sectors. While talking to APP, Minister and Deputy Head of Mission at Embassy of Japan in Pakistan Yusuke Shindo said the MoU could be signed between the two countries next month. Shindo said that Japan has decided to open the labor market in 14 different sectors, including construction, nursing care, agriculture, manufacturing and light engineering and some other sectors. -UAE to invest $5bn in Pakistan’s oil sector: report The United Arab Emirates (UAE) plans to invest $5 billion in an oil refinery project in Pakistan by the end of 2019, said UAE Ambassador to Pakistan Hamad Obaid Ibrahim Salem Al-Zaabi. “We are going to launch very soon one of the biggest investments in a refinery project in Hub, Balochistan. It is going to be a $5 billion investment agreement between Mubadala Petroleum Company of Abu Dhabi, Pak Arab Refinery Limited (PARCO) and OMV (OMV Pakistan Exploration Gesellschaft),” UAE’s top diplomat was quoted as saying by Arab News. The plan is to set up a deep-conversion, state-of-the-art refinery that would have an output of 250,000-300,000 barrels per day. Al-Zaabi said the project was the result of extensive discussions between Mubadala Petroleum and Pakistan’s petroleum ministry along with PARCO and OMV. -PM Imran leaves for three-day China visit Prime Minister Imran Khan arrived at China to discuss regional and bilateral issues with its strategic partner. Premier Imran will hold separate meetings with President Xi Jinping and his Chinese counterpart Li Keqiang. He will also discuss expansion of projects under the multibillion-dollar China-Pakistan Economic Corridor (CPEC) framework. -Pakistan to avoid FATF blacklist with support of friends Three friendly countries have assured Pakistan of full support at the Financial Action Task Force (FATF) meetings scheduled to take place from October 13 in Paris. Their backing is expected to thwart India’s nefarious designs of trying to get Pakistan’s name placed on the black list. “If three member states announce their support for Pakistan, its name cannot be included in the FATF black list,” a senior officer of the finance ministry told The Express Tribune on Monday. Sources said Pakistan lobbied three friendly states ahead of the FATF meetings and Malaysia, China and Turkey announced their support for Pakistan. -KSE-100 jumps 962 points as confidence rises Stocks performed remarkably in the outgoing week as developments on economic and political fronts contributed to the euphoric mood. The benchmark KSE-100 index jumped 962 points or 3% to settle at 33,033 points – finishing all five sessions in the green. The buoyancy was in stark contrast to the trend seen in the preceding week and was largely led by improved investor confidence. News regarding the increase in tax collection in 1QFY20 sparked buying interest. Moreover, the anticipation of an increase in cement prices in the northern region also acted as a catalyst for the cement sector and helped the index march upwards. -KSE-100 winning streak continues for 7th straight session Bulls dominated the stock market on Monday as the benchmark index rallied, gaining more than 600 points and finishing its seventh successive session in the green. The euphoria emerged in the wake of Prime Minister Imran Khan’s visit to China as investors were hopeful of positive developments for Pakistan during the trip. After a brief dip in early hours, the KSE-100 index surged over 800 points during intra-day trading. The jump came despite the upcoming Financial Action Task Force (FATF) plenary meeting, which would give its decision on Pakistan’s status in the grey list. -Pakistan Regains Status as Favored Tourist Destination “Pakistan opening its doors to the world is the manifestation of the new confidence that the security situation has significantly changed and Pakistan is now quite secure,” Prime Minister Imran Khan said in an address at the inaugural ceremony. After implementation of the policy, the number of tourists to Pakistan has increased significantly. “Pakistan’s e-visa policy is open for the citizens of 175 countries,” Federal Minister Sheheryar Khan Afridi, who held the interior portfolio when the policy was introduced, and today oversees the Narcotics Ministry, told The Media Line. “Tourists seeking to obtain visas will be able to get it at their homes without visiting a Pakistani embassy or consulate.” Afridi added that the system also facilitates a “visa on arrival” program for other nationals arriving as tourists. “Foreign nationals of Indian origin are also allowed to avail themselves of the visa-on-arrival for religious tourism,” he noted. “We removed cumbersome barriers of visa process so tourists across the globe can easily witness Pakistan’s stunning natural beauty,” Afridi continued. “To attract more tourists, the government also abolished the ‘No Objection Certificate,’ which had been required for foreigners to move around freely and enjoy every corner of Pakistan.” -PIA to Resume Flights Operations for Malaysia Later This Month Pakistan International Airlines has decided to resume its direct flight operations between Islamabad and Kuala Lumpur from October 14th. The decision to restart the flights was made after Federal Ombudsman’s intervention into the matter. According to a spokesperson of the Federal Ombudsman, a large number of complaints were filed to the Ombudsperson’s office by the overseas Pakistanis, who were seeking the restoration of the PIA flights. “The PIA is going to operate two direct flights weekly between Islamabad and Kuala Lumpur to facilitate the tourists intending to visit Malaysia and Pakistan. PIA is also looking to restart flights on profitable routes as well,” said an official. He said that the national flag-carrier intended to add new profitable destinations in its operations following the addition of new airplanes in the fleet. To a question he said that PIA is also planning to start direct flights for New York, adding “the plan is under consideration, but the launch of direct flight operation has not yet been finalized.” -Gwadar Port is Now Officially Open for Transit Trade Gwadar Port is now open for transit trade and the first ship is due to arrive next Tuesday, says the Ministry of Maritime Affairs. The sub-committee of the senate standing committee on Maritime Affairs, in its meeting on Tuesday, reviewed various issues of Gwadar Port and its investors. Talking about transit trade and transshipment, the committee discussed that the Afghan Trade Transit Module requires some changes that have been applied and after initial testing, seems ready for application. Gwadar’s main competitors will be Singapore and Dubai ports since incentives such as no cargo demurrage charges and a three-month storage facility will divert business to Gwadar. Concerning storage facilities for fish processing within or outside the port, the committee was assured that Chinese companies will not be charged extra taxes. Convened by Senator Kauda Babar, the meeting was attended by Senator Moula Bux Chandio, Senator Muhammad Akram and senior officers from the Ministry of Maritime Affairs, Ministry of Information Technology and Telecommunications, Gwadar Port Authority, FBR and PTCL, among others. -Egyptian Companies Want to Invest $1 Billion in Pakistan’s Energy and Housing Sectors Prime Minister Imran Khan has welcomed the interest shown by Egyptian companies to invest $1 billion in Pakistan. The government will fully facilitate Egyptian investors and entrepreneurs so that they can carry out trade activities in the country. Meeting a delegation of Egyptian investors, the prime minister said that there is a huge potential to translate the existing Pakistan-Egypt relations into strong economic ties. He called for the promotion of bilateral cooperation between Pakistan and Egypt at all levels to tackle the common challenges faced at international level, specially, the negative propaganda about Islam so that the two countries could complement each other’s efforts in this respect. -New “Mera Bacha Alert” App Will Tackle Child Abuse Cases To effectively tackle incidents like cases of child abduction and missing children in the country, Prime Minister Imran Khan has directed relevant authorities to launch a new application called “Mera Bacha Alert”. The application will be created in two weeks and will be connected with Pakistan Citizen Portal so that the progress in any case, including the recovery of the child, can be monitored, a press release issued by the PM Office Media Wing said. -Pakistan’s First Export and Import Bank Could Launch Next Year The Ministry of Finance, in collaboration with the Ministry of Commerce and the State Bank of Pakistan (SBP), is working to establish Export and Import (Exim) Bank in the country, which may start its operations in 2020, reported Express Tribune. According to the report, the bank will assist the export and import of unconventional goods to many countries of the world with which Pakistan does not have regular trade relations. For the purpose, the Ministry of Finance has constituted a high-level committee, which is currently drawing up a legal and regulatory model and the State Bank will be the regulator. -Nine Dutch Companies Want to Invest in Pakistan’s Poultry and Livestock The Dutch Ambassador to Pakistan, Wouter Plomp, says that nine Dutch companies are interested in investing in Pakistan’s poultry and livestock sector. He said this in a meeting with Federal Minister for National Food Security & Research, Mehboob Sultan. They discussed agricultural cooperation between the two countries during the meeting. According to the ambassador, out of these nine companies, two deal with pharmaceuticals (poultry & livestock vaccine). ”We are looking forward to materializing those objectives of investment in the agro sector here in Pakistan,” he added. -FBR Has Achieved 90% of its Tax Collection Target: Chairman The Federal Board of Revenue (FBR) has collected over Rs. 960 billion during the first quarter (July-September) of 2019-20, which is 90% of the target for the quarter said Syed Shabbar Zaidi, Chairman FBR on Monday. FBR’s collection increased by 14.83% as compared to Rs. 836 billion in the same period of 2018-19. The revenue collection during September 2019 stood at Rs. 380 billion compared to Rs. 323 billion in September 2018, showing a growth of 17.64 percent. -Food Imports Fall by 28.81% in July-August FY19-20 During the first two months of the current fiscal year (Jul-Aug FY 19-20), food group imports decreased by 28.81% to $697.340 million as compared to $952.717 million in the corresponding period last year. According to the data released by Pakistan Bureau of Statistics, during the two months, the import of milk, cream, and milk food for infants reduced by 40.89% as 7,981 metric tons worth $21.014 million was imported as compared with the imports of 13,300 metric tons valuing $35,551 million. Meanwhile, the tea import fell 35.38% as about 27,403 metric tons worth $66.342 million was imported in compared with the imports of 37,431 metric tons worth $100.954 million. The import of spices also came down by 6.23% as about 22,396 metric tons of spices worth $27.172 million were imported as compared to the imports of 27,608 metric tons worth $28.976 million in the same period of last year. -Pakistan’s Biggest Expo Center Will be Established in Faisalabad Pakistan’s largest expo center will be built in Faisalabad in a joint venture of Government of Punjab and Faisalabad Chamber of Commerce Industries. The Memorandum of Understanding (MoU) was signed by Punjab Minister for Industries, Commerce and Trade Mian Aslam Iqbal and President FCCI Syed Zia Alamdar Hussain during a meeting at the FCCI Conference room. The minister congratulated FCCI’s management and said that Punjab government will provide 70 acres of land at M-III Industrial Estate Sahianwala for the establishment of the biggest expo center of Pakistan. This will help attract foreign investment in textile and other industrial sectors and promote exports. -Pakistan Listed Among World’s Top 20 Reformers for Ease of Doing Business: WB The World Bank has ranked Pakistan among the top 20 reformers in the world on the Ease of Doing Business. With continuous efforts in this direction, the country has significantly improved the business environment in the country, which is why it has been named among the top performers in the world. A recent report by the World Bank has mentioned a series of initiatives taken by the country towards facilitating the business community. It recognizes that Pakistan has improved in six areas including online tax payment system, availability of electricity, easy registration of property and issuance of construction permits, and tariff changes. -Footwear Exports Increase 15.75% in First Two Months of FY19 The footwear exports from Pakistan saw an increase of 15.75% during the first two months of the current financial year (2019-20) as compared to the corresponding period of last year. Pakistan exported footwear worth $25.793 million during July-August (2019-20) against the exports of $22.283 million during July-August (2018-19), showing a growth of 15.75%, according to the latest data of Pakistan Bureau of Statistics (PBS). -Additional Rs192 billion recovered from power theft: Omar Ayub The National Assembly was informed on Friday that an additional amount of Rs192 billion has been recovered as a result of the government’s successful campaign against power theft. Federal Minister for Power Omar Ayub Khan told the house during question hour that no load-shedding is being carried out on 80 percent feeders across the country, Radio Pakistan reported. The minister said that the addition of 3,364 megawatts of power has been made in the national grid during the tenure of the present government. -Trade deficit falls sharply by 38pc in July-August The country’s trade deficit shrank by nearly 38 per cent in the first two months of current fiscal year, driven largely by a decline in imports of non-essential luxury items. The constant decline in trade deficit shows the government’s battle against bloated trade deficit is finally bearing fruit as imports have plummeted despite paltry growth in exports proceeds. Provisional trade figures available with Dawn showed the trade deficit dipped to $3.973 billion in July-August from $6.37bn over the corresponding months last year, reflecting a decline of 37.62pc. On a monthly basis, the trade deficit decelerated by a hefty margin of 42.25pc to $1.848bn in August as against $3.20bn over the corresponding month last year. The government has set a target to bring down annual trade gap to $27.476bn by June 2020. -Russian bank expresses interest in making heavy investment in Pakistan Russian ExpoBank Director Igor Vladimirovich Kim on Thursday called on Prime Minister Imran Khan and expressed his interest in making heavy investment in Pakistan, ARY News reported. According to the details, matters of mutual interest, economic reforms, trade policies, special economic zones and other issues were discussed in the meeting. On the occasion, PM Imran welcomed ExpoBank’s decision of making heavy investment in the country and apprised the director about business friendly environment, ease of doing business, improved security situation and vast business opportunities in Pakistan. -SECP registered 1,187 companies in August The Securities and Exchange Commission of Pakistan (SECP) had registered 1,187 new companies in August 2019, out of which 94pc companies were registered online through eServices, while 52pc companies were registered within the same day. The August registrations have raised the number of total companies to 104,030, a statement issued by SECP on Thursday read. According to the commission, the increasing trend in the registration of new companies is due to simplified and hassle-free procedures for company incorporation. Out of the total number of companies registered in August, 71pc were registered as private limited companies, 26pc as single-member companies and 3pc as public unlisted companies, not for profit associations, trade organisations, foreign companies and limited liability partnership (LLP). -Govt to Develop a Mobile Phone Plant in Haripur In collaboration with the private sector, the government has decided to develop a mobile phone manufacturing plant in Haripur. The idea to privatize the Telephone Industry of Pakistan (TIP) has been dropped. Federal Minister for Information Technology and Telecommunication (MoITT), Dr. Khalid Maqbool Siddiqui addressed a press conference in which he revealed that the plan to privatize TIP has been dropped. The government is currently in talks with various Chinese companies to develop a mobile handset manufacturing plant. In 2018-19, the IT & IT-enabled Services (ITeS) export remittances have increased to $900 million in comparison to $800 million in 2017-18. The real figure for IT & ITeS exports is $4.1 billion. As an online payment system is not available in Pakistan, the IT industry has not been able to realize its full capability. -Pakistani & Chinese Researchers Announce A Breakthrough in Hybrid Basmati Rice Researchers from Pakistan and China are nearing a breakthrough in the development of a hybrid version of Basmati rice that will have an average per acre yield of 80 maunds (40 kilograms) and average grain length of 8 mm or above. Longping High-Tech Industries from China and Pakistan’s Guard Agriculture Research and Services Private Ltd (Guard Agri) have been collaborating to produce a high-yield hybrid variety of rice in the past few years. -Pakistan successfully tests Ghaznavi missile Pakistan has successfully carried out night training launch of surface-to-surface ballistic missile Ghaznavi, said Inter-Services Public Relations (ISPR) Director General Major General Asif Ghafoor on Thursday. “The missile is capable of delivering multiple types of warheads at a distance of up to 290 kilometres,” said a tweet by the ISPR DG. Chairman Joint Chiefs of Staff Committee General Zubair Mehmood Hayat and services chiefs have congratulated the team for carrying out the successful launch at night time. -Pakistan becomes world’s 4th fastest-growing freelance market Pakistan has been ranked as the 4th fastest growing freelance market with 47pc growth in freelance earnings during the second quarter of 2019, as compared to the same period of last year. According to the global payment platform ‘Payoneer’s Global Gig Economy Index’, published in Forbes, Pakistan was among the top freelance markets leaving behind regional countries including India, Bangladesh and Russia. The report was based on a sample of the more than 300,000 freelancers in Payoneer’s network. According to the report, the US stood at the top with 78pc growth, followed by UK at 59pc, Brazil 48pc, Pakistan 47pc, Ukraine 36pc, India 29pc, Bangladesh 27pc, Russia 20pc, and Serbia 19pc. -‘Thailand wants more imports from Pakistan’ Consul General (CG) of Royal Thai Consulate in Karachi Thatree Chauvachata has that his country is keen to increase the volume of imports from Pakistan. In an informal interaction with media at his residence late Sunday, he said that the two-way trade between Pakistan and Thailand during 2018 was approximately $1.674 billion, which was overwhelmingly in Bangkok’s favour. He invited the Pakistani businessmen to explore new avenues and markets in Thailand so that Pakistani exports could be increased and the balance of trade between the two countries could be improved. Chauvachata informed that an investment delegation from Thailand had recently visited Pakistan where the Thai traders held productive discussions with the Pakistani businessmen in Islamabad, Lahore, Faisalabad and Karachi. -Iran-Pakistan gas pipeline to be completed by 2024 Pakistan and Iran have decided to complete Iran-Pakistan (IP) gas pipeline project by 2024 and in this regard a third agreement will be signed in Turkey during the next week between the Iran’s National Iranian Oil Company and the Pakistan’s Inter State Gas System. According to sources, Pakistan and Iran will sign Iran-Pakistan (IP) Gas Pipeline Project Amendment Agreement No 3 during the next week in Istanbul. They said that a principle decision to withdraw the legal notice by Iran was made during the prime minister’s visit to Iran in April as the special assistant to the PM on petroleum had held a meeting with his Iranian counterpart Amir H Zamaniania on the sidelines of this visit and the Iranian side had expressed its intentions to withdraw the notice if the agreement on extension of the gas sales and purchase agreement was finalised. -Dutch giant Royal Vopak to invest $2.8bn in Pakistan A delegation of Royal Vopak, a leading Dutch company that stores and handles various oil, chemicals, edible oils and natural gas-related products across the world, called on Adviser to Prime Minister on Commerce Abdul Razak Dawood on Tuesday to discuss new investment opportunities related to terminal and storage facilities for Liquefied Natural Gas (LNG) in Pakistan. The delegation head apprised the adviser that Royal Vopak would invest $1.5 billion in a land-based LNG terminal facility. As per details, the terminal would provide cost-effective facilities to the LNG consumers in the country as modern technology would be introduced there. This facility would also create new employment opportunities, besides bringing technological advancements in the engineering sector of Pakistan. Moreover, Royal Vopak would invest $150 million in the construction of a prolepryplene plant as well as $800 million in PARCO Coastal Refinery in order to improve the country’s storage facility.
EMIREX EXCHANGE AIMS TO REVAMP THE CRYPTOCURRENCY EXCHANGE INDUSTRY
Different types of cryptocurrency exchanges are being introduced into the blockchain space, where each have it's possible features and tools to provide towards the development of the cryptocurrency community. However, despite the negative activities of countries government and centralized institutions towards the existence of cryptocurrencies, people are still interested in understanding and engaging into the digital assets business. The availability of cryptocurrency exchanges function as gateway to enable people participate in cryptocurrency trading with ease. Regardless of the benefits associated with the actions of cryptocurrency trading hubs, they are still filled with some challenges that can cause significant delay in development of the cryptocurrency market. Thus, some of these challenges found in cryptocurrency exchanges includes;
Transparency : Several cryptocurrency exchanges team are privy about the information concerning the development of their trading platforms. These type of action portrayed by the team of such trading platforms towards the users can establish an atmosphere of distrust and uncertainty.
Simplicity : Easy navigation and user-friendly interface is a distinctive feature to ensure a cryptocurrency trading platform because more convenient for trading activities. Some cryptocurrency exchanges lack the standard of simplicity which creates difficulties in performing cryptocurrency trading for the end users.
Increased Transaction Fee : Most exchange platforms are able to receive high profits by demanding unfair fees from their end users. These represent the major problem of modern cryptocurrency exchanges, because people are trying to get away from high fees associated with convectional financial services however, encountering same issue in cryptocurrency exchanges can become a huge turn off.
Poor Liqiuidity : This is an important aspect of any cryptocurrency exchanges, which maintains the order books and mitiagte volatility. Insufficient liquidity in cryptocurrency exchanges leads to delays in converting cryptocurrencies to other pairs and fiat cash, which is highly inconvenient for cryptocurrency traders.
Security : Poor security mechanisms and systems in the developed structure of any cryptocurrency exchange causes loss of end users funds to cyber criminals. Noticeably, this has become a prominent issue in the cryptocurrency space, where many cryptocurrency exchanges have failed to protect their users funds due to implemented immature security measures and systems , inadvertently losing their integrity and reliability status quo. These problems have been the bane of cryptocurrency exchange industry. Researchers and several blockchain startups have taken interest in introducing new technologies to help mitigate and eliminate these challenges, therefore I would like to present a blockchain startup that is aiming to provide a convenient and effective platform to ensure cryptocurrency enthusiasts perform trading activities efficiently. This startup is called EMIREX and leveraging blockchain technology, will be a unique foundation to help the project achieve it's goals of helping users receive opportunities to earn reliably from cryptocurrency trading.
MEET EMIREX DIGITAL ASSETS TRADING PLATFORM EMIREX stands as a successful company established in Dubai, United Arab Emirates and was founded in July 2014. The EMIREX company comprises of legal entities, where as provider of technology and advisors that have aimed to use blockchain and cryptocurrency technologies provide opportunities to cryptocurrency enthusiasts and business owners worldwide. The development of EMIREX company is intended to establish the EMIREX exchange that will support mature muti level trading and services suitable to cryptocurrency traders. The EMIREX team and founders put in much effort to ensure the EMIREX digital assets trading platform provides impressive standard and advanced services that is affordable and reliable. In the current cryptocurrency exchange industry, several exchanges have been revealed to lack the capacity to handle vast amounts of transactions. The EMIREX exchange platform will be capable of processing more than 1 million transactions /sec. With availability of refined and mature trading systems such as spot trading, margin trading and so on, EMIREX exchange will remain appealing to cryptocurrency traders and enthusiasts who are in need of reliable and sophisticated platform to perform their trading activities. As explained earlier, advanced security is a major factor of a good trading platform. EMIREX founders understands the importance of cyber security, hence the platform is designed with mature top tech systems, protocols and wallet to effectively protect users funds against cyber criminals and hacks, which maintains the integrity and reliability of EMIREX exchange in the cryptocurrency sphere. The platform also functions with a 24/7 qualified customer support personnels, who will be available to respond and provide support to users in need of assistance or inquiries. EMIREX TOKEN (EMRX) The internal currency of EMIREX exchange is the EMIREX Token (EMRX). This token supports the continuous development of EMIREX exchange platform and provides incentives for users. EMRX is developed on Ethereum blockchain, complies to ERC20 standard and total supply is 500, 000,000 tokens, where there will a token burn approach employed by EMIREX team to guarantee the increase in value of EMRX token. The token burn will be practiced periodically until 50% of total supply is available in circulation. Noteworthy, EMRX token can be used to purchase EMIREX available products and services, provides assurance in discount when users utilize EMRX token to pay for listing and transaction fee inside the EMIREX exchange ecosystem. Holders of EMIREX Token will be entitled to receive benefits from development and growth of EMIREX coupled with the project's IEO. CONCLUSION The concept of EMIREX is truly what the cryptocurrency sphere needs to develop more than it's current phase. EMIREX exchange have the appropriate tools and features, managed by a well experienced team and use of mature blockchain technology ensure that services offered by EMIREX exchange will meet up with the required desires of cryptocurrency enthusiasts within the blockchain space. The project goals and objectives is bound to be more successful, because it thrives to attack the underlying problems of cryptocurrency exchange industry thus providing a more secure and convenient environment for the masses interested in cryptocurrency trading. EMIREX's team launched a referral program with $200,000 released to be distributed to participants. Engage in this extraordinary program by registering on the EMIREX exchange platform, log in and copy your referral link. Then share your referral link to your social accounts to get more referred persons and recieve the opportunity to share in the $200,000 reward. Referral Link : https://emirex.com/referral?refid=ID6A0A00D781 Kindly use the links below to get more information : Website: https://emirex.com Whitepaper: https://drive.google.com/file/d/1O8fZfCoIKkrsJ6HPMCglbB2k-uY0bGa8/view?usp=sharing Facebook: https://www.facebook.com/emirex.official/ Twitter: https://twitter.com/EMIREX_OFFICIAL Instagram: https://www.instagram.com/emirex_official/ Telegram: https://t.me/emirex_official Linkedin : https://www.linkedin.com/company/emirexgroup/?viewAsMember=true Medium: https://medium.com/@EMIREX_OFFICIAL My Bitcointalk Username : Johnson Knight Bitcointalk Profile URL : https://bitcointalk.org/index.php?action=profile;u=2326370;sa=summary EMIREX UID: ID6A0A00D781
EMIREX EXCHANGE AIMS TO REVAMP THE CRYPTOCURRENCY EXCHANGE INDUSTRY
Different types of cryptocurrency exchanges are being introduced into the blockchain space, where each have it's possible features and tools to provide towards the development of the cryptocurrency community. However, despite the negative activities of countries government and centralized institutions towards the existence of cryptocurrencies, people are still interested in understanding and engaging into the digital assets business. The availability of cryptocurrency exchanges function as gateway to enable people participate in cryptocurrency trading with ease. Regardless of the benefits associated with the actions of cryptocurrency trading hubs, they are still filled with some challenges that can cause significant delay in development of the cryptocurrency market. Thus, some of these challenges found in cryptocurrency exchanges includes;
Transparency : Several cryptocurrency exchanges team are privy about the information concerning the development of their trading platforms. These type of action portrayed by the team of such trading platforms towards the users can establish an atmosphere of distrust and uncertainty.
Simplicity : Easy navigation and user-friendly interface is a distinctive feature to ensure a cryptocurrency trading platform because more convenient for trading activities. Some cryptocurrency exchanges lack the standard of simplicity which creates difficulties in performing cryptocurrency trading for the end users.
Increased Transaction Fee : Most exchange platforms are able to receive high profits by demanding unfair fees from their end users. These represent the major problem of modern cryptocurrency exchanges, because people are trying to get away from high fees associated with convectional financial services however, encountering same issue in cryptocurrency exchanges can become a huge turn off.
Poor Liqiuidity : This is an important aspect of any cryptocurrency exchanges, which maintains the order books and mitiagte volatility. Insufficient liquidity in cryptocurrency exchanges leads to delays in converting cryptocurrencies to other pairs and fiat cash, which is highly inconvenient for cryptocurrency traders.
Security : Poor security mechanisms and systems in the developed structure of any cryptocurrency exchange causes loss of end users funds to cyber criminals. Noticeably, this has become a prominent issue in the cryptocurrency space, where many cryptocurrency exchanges have failed to protect their users funds due to implemented immature security measures and systems , inadvertently losing their integrity and reliability status quo. These problems have been the bane of cryptocurrency exchange industry. Researchers and several blockchain startups have taken interest in introducing new technologies to help mitigate and eliminate these challenges, therefore I would like to present a blockchain startup that is aiming to provide a convenient and effective platform to ensure cryptocurrency enthusiasts perform trading activities efficiently. This startup is called EMIREX and leveraging blockchain technology, will be a unique foundation to help the project achieve it's goals of helping users receive opportunities to earn reliably from cryptocurrency trading.
MEET EMIREX DIGITAL ASSETS TRADING PLATFORM EMIREX stands as a successful company established in Dubai, United Arab Emirates and was founded in July 2014. The EMIREX company comprises of legal entities, where as provider of technology and advisors that have aimed to use blockchain and cryptocurrency technologies provide opportunities to cryptocurrency enthusiasts and business owners worldwide. The development of EMIREX company is intended to establish the EMIREX exchange that will support mature muti level trading and services suitable to cryptocurrency traders. The EMIREX team and founders put in much effort to ensure the EMIREX digital assets trading platform provides impressive standard and advanced services that is affordable and reliable. In the current cryptocurrency exchange industry, several exchanges have been revealed to lack the capacity to handle vast amounts of transactions. The EMIREX exchange platform will be capable of processing more than 1 million transactions /sec. With availability of refined and mature trading systems such as spot trading, margin trading and so on, EMIREX exchange will remain appealing to cryptocurrency traders and enthusiasts who are in need of reliable and sophisticated platform to perform their trading activities. As explained earlier, advanced security is a major factor of a good trading platform. EMIREX founders understands the importance of cyber security, hence the platform is designed with mature top tech systems, protocols and wallet to effectively protect users funds against cyber criminals and hacks, which maintains the integrity and reliability of EMIREX exchange in the cryptocurrency sphere. The platform also functions with a 24/7 qualified customer support personnels, who will be available to respond and provide support to users in need of assistance or inquiries. EMIREX TOKEN (EMRX) The internal currency of EMIREX exchange is the EMIREX Token (EMRX). This token supports the continuous development of EMIREX exchange platform and provides incentives for users. EMRX is developed on Ethereum blockchain, complies to ERC20 standard and total supply is 500, 000,000 tokens, where there will a token burn approach employed by EMIREX team to guarantee the increase in value of EMRX token. The token burn will be practiced periodically until 50% of total supply is available in circulation. Noteworthy, EMRX token can be used to purchase EMIREX available products and services, provides assurance in discount when users utilize EMRX token to pay for listing and transaction fee inside the EMIREX exchange ecosystem. Holders of EMIREX Token will be entitled to receive benefits from development and growth of EMIREX coupled with the project's IEO. CONCLUSION The concept of EMIREX is truly what the cryptocurrency sphere needs to develop more than it's current phase. EMIREX exchange have the appropriate tools and features, managed by a well experienced team and use of mature blockchain technology ensure that services offered by EMIREX exchange will meet up with the required desires of cryptocurrency enthusiasts within the blockchain space. The project goals and objectives is bound to be more successful, because it thrives to attack the underlying problems of cryptocurrency exchange industry thus providing a more secure and convenient environment for the masses interested in cryptocurrency trading. EMIREX's team launched a referral program with $200,000 released to be distributed to participants. Engage in this extraordinary program by registering on the EMIREX exchange platform, log in and copy your referral link. Then share your referral link to your social accounts to get more referred persons and recieve the opportunity to share in the $200,000 reward. Referral Link : https://emirex.com/referral?refid=ID6A0A00D781 Kindly use the links below to get more information : Website: https://emirex.com Whitepaper: https://drive.google.com/file/d/1O8fZfCoIKkrsJ6HPMCglbB2k-uY0bGa8/view?usp=sharing Facebook: https://www.facebook.com/emirex.official/ Twitter: https://twitter.com/EMIREX_OFFICIAL Instagram: https://www.instagram.com/emirex_official/ Telegram: https://t.me/emirex_official Linkedin : https://www.linkedin.com/company/emirexgroup/?viewAsMember=true Medium: https://medium.com/@EMIREX_OFFICIAL My Bitcointalk Username : Johnson Knight Bitcointalk Profile URL : https://bitcointalk.org/index.php?action=profile;u=2326370;sa=summary EMIREX UID: ID6A0A00D781
EMIREX EXCHANGE AIMS TO REVAMP THE CRYPTOCURRENCY EXCHANGE INDUSTRY
Different types of cryptocurrency exchanges are being introduced into the blockchain space, where each have it's possible features and tools to provide towards the development of the cryptocurrency community. However, despite the negative activities of countries government and centralized institutions towards the existence of cryptocurrencies, people are still interested in understanding and engaging into the digital assets business. The availability of cryptocurrency exchanges function as gateway to enable people participate in cryptocurrency trading with ease. Regardless of the benefits associated with the actions of cryptocurrency trading hubs, they are still filled with some challenges that can cause significant delay in development of the cryptocurrency market. Thus, some of these challenges found in cryptocurrency exchanges includes;
Transparency : Several cryptocurrency exchanges team are privy about the information concerning the development of their trading platforms. These type of action portrayed by the team of such trading platforms towards the users can establish an atmosphere of distrust and uncertainty.
Simplicity : Easy navigation and user-friendly interface is a distinctive feature to ensure a cryptocurrency trading platform because more convenient for trading activities. Some cryptocurrency exchanges lack the standard of simplicity which creates difficulties in performing cryptocurrency trading for the end users.
Increased Transaction Fee : Most exchange platforms are able to receive high profits by demanding unfair fees from their end users. These represent the major problem of modern cryptocurrency exchanges, because people are trying to get away from high fees associated with convectional financial services however, encountering same issue in cryptocurrency exchanges can become a huge turn off.
Poor Liqiuidity : This is an important aspect of any cryptocurrency exchanges, which maintains the order books and mitiagte volatility. Insufficient liquidity in cryptocurrency exchanges leads to delays in converting cryptocurrencies to other pairs and fiat cash, which is highly inconvenient for cryptocurrency traders.
Security : Poor security mechanisms and systems in the developed structure of any cryptocurrency exchange causes loss of end users funds to cyber criminals. Noticeably, this has become a prominent issue in the cryptocurrency space, where many cryptocurrency exchanges have failed to protect their users funds due to implemented immature security measures and systems , inadvertently losing their integrity and reliability status quo. These problems have been the bane of cryptocurrency exchange industry. Researchers and several blockchain startups have taken interest in introducing new technologies to help mitigate and eliminate these challenges, therefore I would like to present a blockchain startup that is aiming to provide a convenient and effective platform to ensure cryptocurrency enthusiasts perform trading activities efficiently. This startup is called EMIREX and leveraging blockchain technology, will be a unique foundation to help the project achieve it's goals of helping users receive opportunities to earn reliably from cryptocurrency trading.
MEET EMIREX DIGITAL ASSETS TRADING PLATFORM EMIREX stands as a successful company established in Dubai, United Arab Emirates and was founded in July 2014. The EMIREX company comprises of legal entities, where as provider of technology and advisors that have aimed to use blockchain and cryptocurrency technologies provide opportunities to cryptocurrency enthusiasts and business owners worldwide. The development of EMIREX company is intended to establish the EMIREX exchange that will support mature muti level trading and services suitable to cryptocurrency traders. The EMIREX team and founders put in much effort to ensure the EMIREX digital assets trading platform provides impressive standard and advanced services that is affordable and reliable. In the current cryptocurrency exchange industry, several exchanges have been revealed to lack the capacity to handle vast amounts of transactions. The EMIREX exchange platform will be capable of processing more than 1 million transactions /sec. With availability of refined and mature trading systems such as spot trading, margin trading and so on, EMIREX exchange will remain appealing to cryptocurrency traders and enthusiasts who are in need of reliable and sophisticated platform to perform their trading activities. As explained earlier, advanced security is a major factor of a good trading platform. EMIREX founders understands the importance of cyber security, hence the platform is designed with mature top tech systems, protocols and wallet to effectively protect users funds against cyber criminals and hacks, which maintains the integrity and reliability of EMIREX exchange in the cryptocurrency sphere. The platform also functions with a 24/7 qualified customer support personnels, who will be available to respond and provide support to users in need of assistance or inquiries. EMIREX TOKEN (EMRX) The internal currency of EMIREX exchange is the EMIREX Token (EMRX). This token supports the continuous development of EMIREX exchange platform and provides incentives for users. EMRX is developed on Ethereum blockchain, complies to ERC20 standard and total supply is 500, 000,000 tokens, where there will a token burn approach employed by EMIREX team to guarantee the increase in value of EMRX token. The token burn will be practiced periodically until 50% of total supply is available in circulation. Noteworthy, EMRX token can be used to purchase EMIREX available products and services, provides assurance in discount when users utilize EMRX token to pay for listing and transaction fee inside the EMIREX exchange ecosystem. Holders of EMIREX Token will be entitled to receive benefits from development and growth of EMIREX coupled with the project's IEO. CONCLUSION The concept of EMIREX is truly what the cryptocurrency sphere needs to develop more than it's current phase. EMIREX exchange have the appropriate tools and features, managed by a well experienced team and use of mature blockchain technology ensure that services offered by EMIREX exchange will meet up with the required desires of cryptocurrency enthusiasts within the blockchain space. The project goals and objectives is bound to be more successful, because it thrives to attack the underlying problems of cryptocurrency exchange industry thus providing a more secure and convenient environment for the masses interested in cryptocurrency trading. EMIREX's team launched a referral program with $200,000 released to be distributed to participants. Engage in this extraordinary program by registering on the EMIREX exchange platform, log in and copy your referral link. Then share your referral link to your social accounts to get more referred persons and recieve the opportunity to share in the $200,000 reward. Referral Link : https://emirex.com/referral?refid=ID6A0A00D781 Kindly use the links below to get more information : Website: https://emirex.com Whitepaper: https://drive.google.com/file/d/1O8fZfCoIKkrsJ6HPMCglbB2k-uY0bGa8/view?usp=sharing Facebook: https://www.facebook.com/emirex.official/ Twitter: https://twitter.com/EMIREX_OFFICIAL Instagram: https://www.instagram.com/emirex_official/ Telegram: https://t.me/emirex_official Linkedin : https://www.linkedin.com/company/emirexgroup/?viewAsMember=true Medium: https://medium.com/@EMIREX_OFFICIAL My Bitcointalk Username : Johnson Knight Bitcointalk Profile URL : https://bitcointalk.org/index.php?action=profile;u=2326370;sa=summary EMIREX UID: ID6A0A00D781
EMIREX EXCHANGE AIMS TO REVAMP THE CRYPTOCURRENCY EXCHANGE INDUSTRY
Different types of cryptocurrency exchanges are being introduced into the blockchain space, where each have it's possible features and tools to provide towards the development of the cryptocurrency community. However, despite the negative activities of countries government and centralized institutions towards the existence of cryptocurrencies, people are still interested in understanding and engaging into the digital assets business. The availability of cryptocurrency exchanges function as gateway to enable people participate in cryptocurrency trading with ease. Regardless of the benefits associated with the actions of cryptocurrency trading hubs, they are still filled with some challenges that can cause significant delay in development of the cryptocurrency market. Thus, some of these challenges found in cryptocurrency exchanges includes;
Transparency : Several cryptocurrency exchanges team are privy about the information concerning the development of their trading platforms. These type of action portrayed by the team of such trading platforms towards the users can establish an atmosphere of distrust and uncertainty.
Simplicity : Easy navigation and user-friendly interface is a distinctive feature to ensure a cryptocurrency trading platform because more convenient for trading activities. Some cryptocurrency exchanges lack the standard of simplicity which creates difficulties in performing cryptocurrency trading for the end users.
Increased Transaction Fee : Most exchange platforms are able to receive high profits by demanding unfair fees from their end users. These represent the major problem of modern cryptocurrency exchanges, because people are trying to get away from high fees associated with convectional financial services however, encountering same issue in cryptocurrency exchanges can become a huge turn off.
Poor Liqiuidity : This is an important aspect of any cryptocurrency exchanges, which maintains the order books and mitiagte volatility. Insufficient liquidity in cryptocurrency exchanges leads to delays in converting cryptocurrencies to other pairs and fiat cash, which is highly inconvenient for cryptocurrency traders.
Security : Poor security mechanisms and systems in the developed structure of any cryptocurrency exchange causes loss of end users funds to cyber criminals. Noticeably, this has become a prominent issue in the cryptocurrency space, where many cryptocurrency exchanges have failed to protect their users funds due to implemented immature security measures and systems , inadvertently losing their integrity and reliability status quo. These problems have been the bane of cryptocurrency exchange industry. Researchers and several blockchain startups have taken interest in introducing new technologies to help mitigate and eliminate these challenges, therefore I would like to present a blockchain startup that is aiming to provide a convenient and effective platform to ensure cryptocurrency enthusiasts perform trading activities efficiently. This startup is called EMIREX and leveraging blockchain technology, will be a unique foundation to help the project achieve it's goals of helping users receive opportunities to earn reliably from cryptocurrency trading.
MEET EMIREX DIGITAL ASSETS TRADING PLATFORM EMIREX stands as a successful company established in Dubai, United Arab Emirates and was founded in July 2014. The EMIREX company comprises of legal entities, where as provider of technology and advisors that have aimed to use blockchain and cryptocurrency technologies provide opportunities to cryptocurrency enthusiasts and business owners worldwide. The development of EMIREX company is intended to establish the EMIREX exchange that will support mature muti level trading and services suitable to cryptocurrency traders. The EMIREX team and founders put in much effort to ensure the EMIREX digital assets trading platform provides impressive standard and advanced services that is affordable and reliable. In the current cryptocurrency exchange industry, several exchanges have been revealed to lack the capacity to handle vast amounts of transactions. The EMIREX exchange platform will be capable of processing more than 1 million transactions /sec. With availability of refined and mature trading systems such as spot trading, margin trading and so on, EMIREX exchange will remain appealing to cryptocurrency traders and enthusiasts who are in need of reliable and sophisticated platform to perform their trading activities. As explained earlier, advanced security is a major factor of a good trading platform. EMIREX founders understands the importance of cyber security, hence the platform is designed with mature top tech systems, protocols and wallet to effectively protect users funds against cyber criminals and hacks, which maintains the integrity and reliability of EMIREX exchange in the cryptocurrency sphere. The platform also functions with a 24/7 qualified customer support personnels, who will be available to respond and provide support to users in need of assistance or inquiries. EMIREX TOKEN (EMRX) The internal currency of EMIREX exchange is the EMIREX Token (EMRX). This token supports the continuous development of EMIREX exchange platform and provides incentives for users. EMRX is developed on Ethereum blockchain, complies to ERC20 standard and total supply is 500, 000,000 tokens, where there will a token burn approach employed by EMIREX team to guarantee the increase in value of EMRX token. The token burn will be practiced periodically until 50% of total supply is available in circulation. Noteworthy, EMRX token can be used to purchase EMIREX available products and services, provides assurance in discount when users utilize EMRX token to pay for listing and transaction fee inside the EMIREX exchange ecosystem. Holders of EMIREX Token will be entitled to receive benefits from development and growth of EMIREX coupled with the project's IEO. CONCLUSION The concept of EMIREX is truly what the cryptocurrency sphere needs to develop more than it's current phase. EMIREX exchange have the appropriate tools and features, managed by a well experienced team and use of mature blockchain technology ensure that services offered by EMIREX exchange will meet up with the required desires of cryptocurrency enthusiasts within the blockchain space. The project goals and objectives is bound to be more successful, because it thrives to attack the underlying problems of cryptocurrency exchange industry thus providing a more secure and convenient environment for the masses interested in cryptocurrency trading. EMIREX's team launched a referral program with $200,000 released to be distributed to participants. Engage in this extraordinary program by registering on the EMIREX exchange platform, log in and copy your referral link. Then share your referral link to your social accounts to get more referred persons and recieve the opportunity to share in the $200,000 reward. Referral Link : https://emirex.com/referral?refid=ID6A0A00D781 Kindly use the links below to get more information : Website: https://emirex.com Whitepaper: https://drive.google.com/file/d/1O8fZfCoIKkrsJ6HPMCglbB2k-uY0bGa8/view?usp=sharing Facebook: https://www.facebook.com/emirex.official/ Twitter: https://twitter.com/EMIREX_OFFICIAL Instagram: https://www.instagram.com/emirex_official/ Telegram: https://t.me/emirex_official Linkedin : https://www.linkedin.com/company/emirexgroup/?viewAsMember=true Medium: https://medium.com/@EMIREX_OFFICIAL My Bitcointalk Username : Johnson Knight Bitcointalk Profile URL : https://bitcointalk.org/index.php?action=profile;u=2326370;sa=summary EMIREX UID: ID6A0A00D781
EMIREX EXCHANGE AIMS TO REVAMP THE CRYPTOCURRENCY EXCHANGE INDUSTRY
Different types of cryptocurrency exchanges are being introduced into the blockchain space, where each have it's possible features and tools to provide towards the development of the cryptocurrency community. However, despite the negative activities of countries government and centralized institutions towards the existence of cryptocurrencies, people are still interested in understanding and engaging into the digital assets business. The availability of cryptocurrency exchanges function as gateway to enable people participate in cryptocurrency trading with ease. Regardless of the benefits associated with the actions of cryptocurrency trading hubs, they are still filled with some challenges that can cause significant delay in development of the cryptocurrency market. Thus, some of these challenges found in cryptocurrency exchanges includes;
Transparency : Several cryptocurrency exchanges team are privy about the information concerning the development of their trading platforms. These type of action portrayed by the team of such trading platforms towards the users can establish an atmosphere of distrust and uncertainty.
Simplicity : Easy navigation and user-friendly interface is a distinctive feature to ensure a cryptocurrency trading platform because more convenient for trading activities. Some cryptocurrency exchanges lack the standard of simplicity which creates difficulties in performing cryptocurrency trading for the end users.
Increased Transaction Fee : Most exchange platforms are able to receive high profits by demanding unfair fees from their end users. These represent the major problem of modern cryptocurrency exchanges, because people are trying to get away from high fees associated with convectional financial services however, encountering same issue in cryptocurrency exchanges can become a huge turn off.
Poor Liqiuidity : This is an important aspect of any cryptocurrency exchanges, which maintains the order books and mitiagte volatility. Insufficient liquidity in cryptocurrency exchanges leads to delays in converting cryptocurrencies to other pairs and fiat cash, which is highly inconvenient for cryptocurrency traders.
Security : Poor security mechanisms and systems in the developed structure of any cryptocurrency exchange causes loss of end users funds to cyber criminals. Noticeably, this has become a prominent issue in the cryptocurrency space, where many cryptocurrency exchanges have failed to protect their users funds due to implemented immature security measures and systems , inadvertently losing their integrity and reliability status quo. These problems have been the bane of cryptocurrency exchange industry. Researchers and several blockchain startups have taken interest in introducing new technologies to help mitigate and eliminate these challenges, therefore I would like to present a blockchain startup that is aiming to provide a convenient and effective platform to ensure cryptocurrency enthusiasts perform trading activities efficiently. This startup is called EMIREX and leveraging blockchain technology, will be a unique foundation to help the project achieve it's goals of helping users receive opportunities to earn reliably from cryptocurrency trading.
MEET EMIREX DIGITAL ASSETS TRADING PLATFORM EMIREX stands as a successful company established in Dubai, United Arab Emirates and was founded in July 2014. The EMIREX company comprises of legal entities, where as provider of technology and advisors that have aimed to use blockchain and cryptocurrency technologies provide opportunities to cryptocurrency enthusiasts and business owners worldwide. The development of EMIREX company is intended to establish the EMIREX exchange that will support mature muti level trading and services suitable to cryptocurrency traders. The EMIREX team and founders put in much effort to ensure the EMIREX digital assets trading platform provides impressive standard and advanced services that is affordable and reliable. In the current cryptocurrency exchange industry, several exchanges have been revealed to lack the capacity to handle vast amounts of transactions. The EMIREX exchange platform will be capable of processing more than 1 million transactions /sec. With availability of refined and mature trading systems such as spot trading, margin trading and so on, EMIREX exchange will remain appealing to cryptocurrency traders and enthusiasts who are in need of reliable and sophisticated platform to perform their trading activities. As explained earlier, advanced security is a major factor of a good trading platform. EMIREX founders understands the importance of cyber security, hence the platform is designed with mature top tech systems, protocols and wallet to effectively protect users funds against cyber criminals and hacks, which maintains the integrity and reliability of EMIREX exchange in the cryptocurrency sphere. The platform also functions with a 24/7 qualified customer support personnels, who will be available to respond and provide support to users in need of assistance or inquiries. EMIREX TOKEN (EMRX) The internal currency of EMIREX exchange is the EMIREX Token (EMRX). This token supports the continuous development of EMIREX exchange platform and provides incentives for users. EMRX is developed on Ethereum blockchain, complies to ERC20 standard and total supply is 500, 000,000 tokens, where there will a token burn approach employed by EMIREX team to guarantee the increase in value of EMRX token. The token burn will be practiced periodically until 50% of total supply is available in circulation. Noteworthy, EMRX token can be used to purchase EMIREX available products and services, provides assurance in discount when users utilize EMRX token to pay for listing and transaction fee inside the EMIREX exchange ecosystem. Holders of EMIREX Token will be entitled to receive benefits from development and growth of EMIREX coupled with the project's IEO. CONCLUSION The concept of EMIREX is truly what the cryptocurrency sphere needs to develop more than it's current phase. EMIREX exchange have the appropriate tools and features, managed by a well experienced team and use of mature blockchain technology ensure that services offered by EMIREX exchange will meet up with the required desires of cryptocurrency enthusiasts within the blockchain space. The project goals and objectives is bound to be more successful, because it thrives to attack the underlying problems of cryptocurrency exchange industry thus providing a more secure and convenient environment for the masses interested in cryptocurrency trading. EMIREX's team launched a referral program with $200,000 released to be distributed to participants. Engage in this extraordinary program by registering on the EMIREX exchange platform, log in and copy your referral link. Then share your referral link to your social accounts to get more referred persons and recieve the opportunity to share in the $200,000 reward. Referral Link : https://emirex.com/referral?refid=ID6A0A00D781 Kindly use the links below to get more information : Website: https://emirex.com Whitepaper: https://drive.google.com/file/d/1O8fZfCoIKkrsJ6HPMCglbB2k-uY0bGa8/view?usp=sharing Facebook: https://www.facebook.com/emirex.official/ Twitter: https://twitter.com/EMIREX_OFFICIAL Instagram: https://www.instagram.com/emirex_official/ Telegram: https://t.me/emirex_official Linkedin : https://www.linkedin.com/company/emirexgroup/?viewAsMember=true Medium: https://medium.com/@EMIREX_OFFICIAL My Bitcointalk Username : Johnson Knight Bitcointalk Profile URL : https://bitcointalk.org/index.php?action=profile;u=2326370;sa=summary EMIREX UID: ID6A0A00D781
EMIREX EXCHANGE AIMS TO REVAMP THE CRYPTOCURRENCY EXCHANGE INDUSTRY
Different types of cryptocurrency exchanges are being introduced into the blockchain space, where each have it's possible features and tools to provide towards the development of the cryptocurrency community. However, despite the negative activities of countries government and centralized institutions towards the existence of cryptocurrencies, people are still interested in understanding and engaging into the digital assets business. The availability of cryptocurrency exchanges function as gateway to enable people participate in cryptocurrency trading with ease. Regardless of the benefits associated with the actions of cryptocurrency trading hubs, they are still filled with some challenges that can cause significant delay in development of the cryptocurrency market. Thus, some of these challenges found in cryptocurrency exchanges includes;
Transparency : Several cryptocurrency exchanges team are privy about the information concerning the development of their trading platforms. These type of action portrayed by the team of such trading platforms towards the users can establish an atmosphere of distrust and uncertainty.
Simplicity : Easy navigation and user-friendly interface is a distinctive feature to ensure a cryptocurrency trading platform because more convenient for trading activities. Some cryptocurrency exchanges lack the standard of simplicity which creates difficulties in performing cryptocurrency trading for the end users.
Increased Transaction Fee : Most exchange platforms are able to receive high profits by demanding unfair fees from their end users. These represent the major problem of modern cryptocurrency exchanges, because people are trying to get away from high fees associated with convectional financial services however, encountering same issue in cryptocurrency exchanges can become a huge turn off.
Poor Liqiuidity : This is an important aspect of any cryptocurrency exchanges, which maintains the order books and mitiagte volatility. Insufficient liquidity in cryptocurrency exchanges leads to delays in converting cryptocurrencies to other pairs and fiat cash, which is highly inconvenient for cryptocurrency traders.
Security : Poor security mechanisms and systems in the developed structure of any cryptocurrency exchange causes loss of end users funds to cyber criminals. Noticeably, this has become a prominent issue in the cryptocurrency space, where many cryptocurrency exchanges have failed to protect their users funds due to implemented immature security measures and systems , inadvertently losing their integrity and reliability status quo. These problems have been the bane of cryptocurrency exchange industry. Researchers and several blockchain startups have taken interest in introducing new technologies to help mitigate and eliminate these challenges, therefore I would like to present a blockchain startup that is aiming to provide a convenient and effective platform to ensure cryptocurrency enthusiasts perform trading activities efficiently. This startup is called EMIREX and leveraging blockchain technology, will be a unique foundation to help the project achieve it's goals of helping users receive opportunities to earn reliably from cryptocurrency trading.
MEET EMIREX DIGITAL ASSETS TRADING PLATFORM EMIREX stands as a successful company established in Dubai, United Arab Emirates and was founded in July 2014. The EMIREX company comprises of legal entities, where as provider of technology and advisors that have aimed to use blockchain and cryptocurrency technologies provide opportunities to cryptocurrency enthusiasts and business owners worldwide. The development of EMIREX company is intended to establish the EMIREX exchange that will support mature muti level trading and services suitable to cryptocurrency traders. The EMIREX team and founders put in much effort to ensure the EMIREX digital assets trading platform provides impressive standard and advanced services that is affordable and reliable. In the current cryptocurrency exchange industry, several exchanges have been revealed to lack the capacity to handle vast amounts of transactions. The EMIREX exchange platform will be capable of processing more than 1 million transactions /sec. With availability of refined and mature trading systems such as spot trading, margin trading and so on, EMIREX exchange will remain appealing to cryptocurrency traders and enthusiasts who are in need of reliable and sophisticated platform to perform their trading activities. As explained earlier, advanced security is a major factor of a good trading platform. EMIREX founders understands the importance of cyber security, hence the platform is designed with mature top tech systems, protocols and wallet to effectively protect users funds against cyber criminals and hacks, which maintains the integrity and reliability of EMIREX exchange in the cryptocurrency sphere. The platform also functions with a 24/7 qualified customer support personnels, who will be available to respond and provide support to users in need of assistance or inquiries. EMIREX TOKEN (EMRX) The internal currency of EMIREX exchange is the EMIREX Token (EMRX). This token supports the continuous development of EMIREX exchange platform and provides incentives for users. EMRX is developed on Ethereum blockchain, complies to ERC20 standard and total supply is 500, 000,000 tokens, where there will a token burn approach employed by EMIREX team to guarantee the increase in value of EMRX token. The token burn will be practiced periodically until 50% of total supply is available in circulation. Noteworthy, EMRX token can be used to purchase EMIREX available products and services, provides assurance in discount when users utilize EMRX token to pay for listing and transaction fee inside the EMIREX exchange ecosystem. Holders of EMIREX Token will be entitled to receive benefits from development and growth of EMIREX coupled with the project's IEO. CONCLUSION The concept of EMIREX is truly what the cryptocurrency sphere needs to develop more than it's current phase. EMIREX exchange have the appropriate tools and features, managed by a well experienced team and use of mature blockchain technology ensure that services offered by EMIREX exchange will meet up with the required desires of cryptocurrency enthusiasts within the blockchain space. The project goals and objectives is bound to be more successful, because it thrives to attack the underlying problems of cryptocurrency exchange industry thus providing a more secure and convenient environment for the masses interested in cryptocurrency trading. EMIREX's team launched a referral program with $200,000 released to be distributed to participants. Engage in this extraordinary program by registering on the EMIREX exchange platform, log in and copy your referral link. Then share your referral link to your social accounts to get more referred persons and recieve the opportunity to share in the $200,000 reward. Referral Link : https://emirex.com/referral?refid=ID6A0A00D781 Kindly use the links below to get more information : Website: https://emirex.com Whitepaper: https://drive.google.com/file/d/1O8fZfCoIKkrsJ6HPMCglbB2k-uY0bGa8/view?usp=sharing Facebook: https://www.facebook.com/emirex.official/ Twitter: https://twitter.com/EMIREX_OFFICIAL Instagram: https://www.instagram.com/emirex_official/ Telegram: https://t.me/emirex_official Linkedin : https://www.linkedin.com/company/emirexgroup/?viewAsMember=true Medium: https://medium.com/@EMIREX_OFFICIAL My Bitcointalk Username : Johnson Knight Bitcointalk Profile URL : https://bitcointalk.org/index.php?action=profile;u=2326370;sa=summary EMIREX UID: ID6A0A00D781
The Mystery Millionaire Who Haunted London’s Insider-Trading Trial
https://www.bloomberg.com/news/features/2019-07-03/the-mystery-millionaire-who-haunted-london-s-insider-trading-trial July 2, 2019, 9:01 PM PDT When Alshair Fiyaz, a wealthy businessman with a shaggy mane of hair, walked into the garden of London’s Four Seasons Hotel on a pleasant June evening five years ago, he had no idea he was being followed. He was there to meet Walid Choucair, a trader wearing a hoodie who collected “Star Wars” memorabilia and expensive guitars. Neither one noticed an officer from the National Crime Agency stick a recording device in the greenery. The investigator was tracking Fiyaz in connection with an insider-trading probe being conducted by the NCA, the U.K. equivalent of the FBI. Choucair wasn’t a suspect, and the officer didn’t know who he was before planting the bug. But after the meeting, the officer followed Choucair to an apartment near the Royal Albert Hall on the edge of Hyde Park. That fateful encounter at the Four Seasons, recounted in court, would turn Choucair, whose life was an adrenaline-charged chase for information about big deals, into Europe’s most high-profile insider-trading defendant. And his two trials—the first ended last year in a hung jury, the second with a conviction last week—opened a window on a loose network of traders from London to Dubai as well as a multinational investigation into suspected insider trading. Fiyaz’s name, and details of the Four Seasons meeting, came up frequently at the trials. Choucair said he often discussed trades with Fiyaz, who was so successful he’d bought an 86-meter yacht and a polo club. The two had partied at Tramp, a London club frequented by rock stars and royals, where they spent thousands of dollars on three-liter bottles of Cristal. Financial institutions alerted U.K. regulators about Fiyaz’s trading 71 times in 2013 and 2014, Choucair’s lawyer told the court, citing information from the regulator. Yet Fiyaz wasn’t in the dock. He’s never been charged with a crime and denies any wrongdoing. But evidence, testimony and legal filings from Choucair’s trials, as well as interviews with traders, their friends, lawyers and people close to the investigation suggest Fiyaz may have been part of a network that cultivated ties to bankers, shared tips via burner phones to avoid detection, fed information to journalists and often secretly monitored each other’s trades. Using their own money or funds from wealthy associates, they made tens of millions of dollars betting on stocks just before a news splash popped the share price. In 2014, the core group of about a dozen traders made more than $100 million, a figure arrived at by adding up figures in legal filings and conversations with traders. Regulators in France and the U.K., where abnormal trading occurs ahead of more than one in five takeovers, spotted the uncanny timing of transactions by Fiyaz, Choucair and others. In addition to Choucair and Fabiana Abdel-Malek, a UBS Group AG compliance officer convicted at the same trial of providing him with information from a confidential bank database, seven men, including Geneva-based trader Alexis Kuperfis and former Societe Generale SA banker Stephane Fima, have been charged with insider trading in France. All have contested the charges. Another trader was arrested in Serbia in November on a U.S. warrant that alleged he committed securities fraud and was extradited in May, Serbian court officials confirmed. U.S. prosecutors are working with European counterparts on their own probe, Bloomberg News reported last month. A spokeswoman for Fiyaz said in an email that he has “never been questioned, charged or convicted of insider trading or financial misconduct of any kind in the U.K. or any jurisdiction.” She said the suspicious activity reports related to only 27 trades and were triggered because financial institutions are required to flag transactions when a trader makes more than 10,000 pounds ($13,000) a day, and that Fiyaz hasn’t been the subject of any adverse regulatory findings. Loic Henriot, a lawyer for Kuperfis, said his client has never been part of a network of traders exchanging information. David-Olivier Kaminski, an attorney for Fima, said his client has nothing to do with the investigations that led to Choucair’s conviction. Choucair, now 40, testified at his trial about his first conversation with Fiyaz, six years his senior, at a pricey Chinese restaurant in London around 2005. They had seen each other at Tramp, where Choucair, the son of a Lebanese construction executive, was a member. Fiyaz and his brother Javed started showing up that year, according to two people familiar with the club scene. They would arrive in separate Rolls-Royces, descend the stairs, pass the red-neon Let’s Get Tramped sign and set up camp in a corner, surrounded by a clutch of women. Choucair would spend thousands of dollars in that den two or three times a month. Whenever he ordered a $4,000 bottle of Champagne, the staff would play the “Star Wars” theme music and announce “Lebanon is in the house,” according to people who’d been there with him. Choucair was out with a friend who knew Fiyaz when they spotted each other at the Chinese restaurant. They got to talking. “We spent the whole night having drinks, which I was very good at, and having a conversation, which he was very good at,” Choucair would testify at his trial 14 years later, trying to explain that his stock tips were coming from traders like Fiyaz and Kuperfis and not from his friend at UBS. Choucair had a privileged upbringing in London. He boarded at Mill Hill, a 212-year-old school set on 150 acres of lush parkland. But it was something more avant-garde that first got his heart racing as a young boy. Watching TV one day, he saw Guns N’ Roses’ wild-haired guitarist Slash tear through a solo and decided he, too, wanted to be a guitar hero. When he was 18, his father died and he inherited a fortune. He spent the next years in a blur of benders, and, in his sober moments, completed a business degree at King’s College London, he said at his trial. He bought an Aston Martin, started collecting guitars and filled his apartment with life-size figures from his other boyhood obsession, “Star Wars.” Fiyaz was raised with his brother in Belgium, where their father, a Pakistani businessman, had settled. They got started at the family company and made their money from shipping and investments ranging from Nigerian oil blocks to Danish department stores and a chocolatier, according to people who’ve met them and information on their websites. But they also attracted the attention of Belgian police, who suspected them of carrying out a scheme to avoid paying value-added taxes, two people familiar with the matter say. The investigation was closed after Fiyaz and his brother agreed to a settlement including a seven-figure payment, one of the people said. Neither was charged, and there was no admission of wrongdoing. Fiyaz’s spokeswoman said the dispute was over whether sales by his company were exempt. By the mid-2000s, the brothers had moved to London, where they caused a stir in the Mayfair social scene. Alshair, the younger and more athletic of the two, was permanently dressed to go out. He and Javed faced each other across a pair of imposing desks in an office behind the Dorchester Hotel, where they ran their shipping business. They told people they were looking for fresh investment opportunities. When Choucair saw Fiyaz’s trading setup, he testified, he was intrigued and wanted in. He said that Fiyaz and Kuperfis, nicknamed the Cowboy because he hit the mark so often, showed him how to competitively trade contracts for difference, or CFDs, derivatives that allow a person to bet on a company’s stock without owning shares. It’s a way of trading on margin. With a relatively small down payment, profits and losses can exceed those when buying shares. Many countries have restricted their sale because retail investors can underestimate the risks and incur outsize losses. Choucair and his associates were a paradoxical bunch. They relied on each other for tip-offs but were suspicious that others were spying on them. Fiyaz accused his brokers of telling people about his positions in the market, according to four of the traders. Some accused him of scoping out their trading positions. Discretion was paramount, and that included using untraceable communications, Choucair testified. Choucair soon had four handsets with unregistered SIM cards for the traders he was talking to. Fiyaz insisted he keep a line dedicated to him, Choucair said in court. Every few months, the traders replaced their SIM cards, and, often, their devices. Fiyaz’s spokeswoman declined to comment on the specifics of Choucair’s testimony but said the jury that convicted him had found it to be untruthful. In 2011, the U.S. Securities and Exchange Commission froze assets belonging to Fiyaz and another trader, saying they were suspected of making millions of dollars with the help of inside information on trades related to Lonza Group AG’s $1.2 billion acquisition of Arch Chemicals Inc., which Fiyaz benefited from. Authorities dropped the case the next year because of a lack of evidence, and Fiyaz wasn’t accused of insider trading. Investigators lamented that the other trader had harmed the probe by discarding a BlackBerry that SEC lawyers believed contained text messages about his activity, according to U.S. court filings. In Choucair’s case, the Financial Conduct Authority, which led the probe, was convinced it had found his insider. Choucair met Abdel-Malek through their mothers. Choucair’s had asked Abdel-Malek’s to make curtains for the tall windows in her son's apartment. They hit it off and introduced the two children to each other. Abdel-Malek, the oldest of three daughters of religious Coptic Christians from Egypt, was kept on a tight leash, even when she got a position at UBS in London in 2007. By early 2013, Abdel-Malek was a relatively experienced compliance officer at a newly restructured division of the bank. She could look at any deal in which UBS was involved. She had little contact with Choucair for years. But that spring they reconnected, and he invited her and a friend to Tramp to celebrate his birthday, she testified in court. He spent 10,000 pounds that night on Champagne, vodka and club sandwiches, it came out in court, and the party lasted until 3 a.m. Their friendship developed, though both said the relationship wasn’t romantic. Later that spring, he bought her a BlackBerry identical to her work model with a disposable SIM card. Prosecutors had company database records showing Abdel-Malek was trawling for deals. She testified that she did this to improve her deals literacy, something her managers had asked her to do. Over the next year, prosecutors said, there were about 30 transactions she kept coming back to, telling Choucair when something was imminent, though the pair were only charged in connection with five of them. When prosecutors presented a motive to the jury, they said the glamour of going to Tramp was enough. Meanwhile, the wider group of traders kept nailing stock picks before news of pending mergers broke. Fiyaz and Kuperfis made about 55 million euros ($62 million) combined trading ahead of the announcement of General Electric Co.’s 2014 deal to acquire most of Alstom SA, court records and people familiar with the matter said. Fiyaz’s spokeswoman said she was unwilling to comment on his trading earnings but denied any impropriety. Over time, Fiyaz acquired a mansion on the outskirts of Paris, the Polo Club of St. Tropez and a yacht named Ecstasea with two helicopter landing pads that once belonged to Russian billionaire Roman Abramovich. While it’s unknown how much Fiyaz paid for the yacht, the previous owner bought it for 100 million euros in 2009, according to a U.K. court document. In 2016, Fiyaz hosted a party aboard Ecstasea for the benefit of the Leonardo DiCaprio Foundation, his spokeswoman said. She declined on privacy grounds to say how much he paid for the yacht. But the suspected trading network was heading for trouble. Even before the GE-Alstom deal, a friend of another member of the group, a deals lawyer, was getting divorced. It got nasty, and the lawyer’s former brother-in-law wrote a letter to French investigators saying he’d overheard him exchanging tips with a trader, according to people familiar with the information. Investigators had already dedicated resources to cracking down on insider trading, spurred in part by the French government’s anger that information about the GE-Alstom deal was leaked to the press. The regulators built up phone records connecting the group, the people familiar with the matter said. They secured wiretaps, including for the burner phone of a hair salon owner at one of Paris’s most exclusive hotels, whom they suspected of being a go-between, according to French investigative documents. The trail led to French ski resorts, the Cayman Islands, Geneva and eventually to the garden of London’s Four Seasons Hotel. A transcript of the recording made at the Four Seasons and shown to the jury at Choucair’s trial revealed he was talking to someone on the phone about a deal for a U.S. energy company. Choucair testified that the person was Jeffrey McCracken, at the time head of deals coverage at Bloomberg News. Choucair said he often spoke to reporters, sometimes at the behest of other traders, in the hope they would confirm his tips and publish an article that would cause the share price to spike. That day, Choucair testified in the second trial, Fiyaz had come to London to discuss the energy deal. McCracken, who left Bloomberg in 2017 to join CNBC and hasn’t been accused of any wrongdoing, declined to comment. Bloomberg reporters regularly receive tips from people active in the market and were first to report on several deals mentioned in this article. The news organization’s policy is not to publish any information without confirming with people who have direct knowledge of the matter. The policy also prohibits telling sources when a story will be published. Choucair seemed to know about the investigation before his arrest. In November 2014, he called Kuperfis to warn him. There’s a “big f--king investigation,” he blurted out in a conversation recorded by French investigators and played at Choucair’s trial. Within weeks, Kuperfis and two others were raided in France and Geneva. Kuperfis has been charged with insider trading in France in connection with his trading ahead of chemical producer Air Liquide SA’s $10 billion takeover of Airgas Inc., but he has challenged the legality of the wiretaps, and the case hasn’t come to trial. His lawyer said he couldn’t comment on the case other than to say the charges are unfounded. Choucair’s lawyers said in court that his client knew about the probe because he was told by Fiyaz, who, the lawyer recounted, had claimed he had gotten the information from a National Crime Agency interpreter, according to the judge's summary of the allegations, which weren’t shared with the jury. Before his arrest, Choucair had written a letter that he hid under a rug in his apartment and that was discovered by investigators, according to the judge’s summary. In it, the summary said, he described what Fiyaz had told him about his NCA sources. The NCA said in December that it’s investigating the matter. Fiyaz’s spokeswoman said he has never had any relationship with investigators at the NCA or other regulatory agencies. Choucair had his apartment swept for bugs, one person familiar with the matter said, though none were found. He called the FCA, his lawyer said in court. Then, at 6:30 a.m. one morning in September 2015, there was a knock on the door. About a dozen NCA officers had come to arrest him for insider trading. “I knew you were coming,” Choucair said, according to an account his lawyer gave in court. Across the street, they searched his mother’s house. A few miles away, Abdel-Malek’s sister woke her in her bedroom on the top floor of their family home. Two NCA officers were there to arrest her. They found a printout of price-sensitive information in a Chanel handbag and, according to people with knowledge of the matter, a new 30,000-pound Rolex, worth more than a quarter of her annual salary, along with a receipt. The jury wasn’t told about the watch. A few months after his release, Choucair was called back to the police station. Two FCA investigators sat opposite him in a small featureless room. They kept asking him about Fiyaz, Kuperfis and others, Choucair’s lawyer said in court. Choucair kept quiet. During the first trial last fall, Abdel-Malek’s white-haired father sat in the gallery with clenched teeth, clutching a wooden cross and family photographs. Prosecutors couldn’t point to any payments she received, and Choucair was convincing on the witness stand. His lawyer told the jury that Fiyaz and other traders were just as likely a source of information for Choucair as Abdel-Malek. After all, they had bet far more heavily on the very same trades, and Choucair had been in frequent contact with them beforehand. In December, a few days before the end of the first trial, Choucair returned to Tramp. He was playing guitar with his band White Collar. The room was dark, and Choucair, wearing a hoodie and Converse sneakers, lingered in the background, barely moving to the music. The other four band members, wearing leather, tattoos and eye-liner, filled the tiny stage. Then Choucair stepped forward to sing Bon Jovi’s It’s My Life. By the time the group was on to Guns N’ Roses’ Sweet Child O’ Mine, the electric bass player was pulling his shirt off and climbing onto the drum kit below a chandelier. One band member grabbed the microphone and egged the crowd on. “This might be our last gig,” he said, without explaining that the man who was bankrolling the group might go to jail. It wasn’t Choucair’s last gig. The jury was unable to come to a verdict. At the second trial this year, Fiyaz involved himself more in the proceedings. At times, he had as many as five lawyers in the courtroom. One was a defense counsel who told the judge that Choucair had falsely accused Fiyaz of wrongdoing. “These are very serious allegations which are made against my client,” the lawyer said. “These are allegations which he denies. He’s never been arrested or charged in relation to any of these matters. The FCA has never cautioned him or even invited him in in relation to any of these matters. He is a man of previous good character.” Then, just before Choucair was cross-examined, the FCA told the jury it had received information that Fiyaz, via an intermediary, had an insider at Citigroup Inc. The agency said it didn’t have time to investigate if any confidential information had been passed to Fiyaz. Last week, the Wall Street Journal reported additional details about the alleged intermediary. A Citigroup spokeswoman declined to comment. Fiyaz “vehemently denies” that he traded on inside information obtained from Citigroup or any other financial institution, his spokeswoman said. This time the Fiyaz-was-my-tipster defense didn’t work. Choucair and Abdel-Malek were both convicted on all five counts and sentenced to three years in prison. Both plan to appeal. Fiyaz wasn’t in court during the eight-week trial, or for the verdict. Traders and lawyers weren’t sure where he was. One said Argentina. Another said he’d been seen at an Alpine ski chalet. In May, Fiyaz’s name appeared on the roster of a polo team contesting the Sun Trophy at his club in France, which once paraded scantily clad models and white Bentleys in front of guests. (Fiyaz’s spokeswoman said he wasn’t involved in the day-to-day operations of the club and doesn’t condone the objectification of women.) But on an uncharacteristically rainy Sunday, there was no sign of Fiyaz on or off the polo pitch tucked away in a forest about 20 minutes west of St. Tropez by car. In the members’ section, a dozen spectators sitting in wicker armchairs, sheltered by awnings, braved the bad weather to watch Fiyaz’s team take a 5-2 drubbing. When asked after the match why Fiyaz had been replaced by another player, a worker at the club said he had been ordered not to talk. The reason, his spokeswoman said a few weeks later, was that it happened to fall during the Muslim holy month of Ramadan and Fiyaz was fasting. — With assistance by Gordana Filipovic and Alan Katz
EMIREX : DEVELOPED ON CUTTING EDGE TECHNOLOGY TO OFFER USERS CONVENIENT CRYPTOCURRENCY TRADING
PREAMBLE The introduction of new technologies regardless of it's location and origin, has always being the driving force pioneering the sustainable development of the global economy. Blockchain technology is a new venture in technological advancement, offering many opportunities to elevate the financial market and several functional sectors of the global economy into an era of quality improvements. Characteristics of blockchain technology provides reliability, security and efficiency for all types of business transactions, eliminating the concept of centralized system and it's flaws. EMIREX DIGITAL ASSETS TRADING PLATFORM EMIREX is an innovative company that have decided to leverage blockchain technology to help promote growth and chances of achieving financial success for every user worldwide. The company is established in Dubai, United Arab Emirates and founded in July 2014. EMIREX company comprised of legal entities functioning as provider of technology and advisor that aims their goals on blockchain and cryptocurrency technologies. EMIREX main objective involves the establishment of EMIREX exchange platform that supports multilevel trading and services, favorable to end users in relation to cryptocurrency trading including fiat. The group behind the creation of EMIREX company has promised that the exchange platform possess quality features appealing to the public. It is note worthy that EMIREX exchange unlike other exchange platforms in circulation, will be capable of processing more than 1 million transactions per second, with access to sophisticated trading mechanisms such as spot trading, margin trading, futures trading and so on, thus EMIREX exchange will be unresistable to cryptocurrency enthusiasts, traders, investors and business owners searching for reliable and efficient platforms to perform their trading activities. In this current era, cybersecurity is a serious issue, EMIREX exchange understands the value of cybersecurity to ensure it's integrity and reliability is maintained. The platform is designed with high technology security systems and wallet to protect clients tradable funds against actions of cyber criminals and hacks. Amateur and professional traders are welcome to use the EMIREX trading platform because it is developed with user friendly interfaces including available qualified customer support is available 24/7 to help users in need of inquiries and information. EMIREX TOKEN (EMRX) EMIREX Token ( EMRX) stands as the internal currency of the EMIREX trading platform, supports the infrastructural OF EMIREX ecosystem and offers incentivization for users of EMIREX digital assets trading platform. The token can be utilized to purchase EMIREX products and services, ensures users also obtain discounts when they pay transaction fee and listing fee within EMIREX exchange platform. EMRX token enable owners to receive benefits from EMIREX development including in the Initial Exchange Offering Project. EMRX token is designed on Ethereum blockchain, compliant to ERC20 standard and available total supply is 500, 000,000 tokens, where a token burn scheme has been adopted by EMIREX 's team to guarantee increase in value of token due to periodical burn until 50% of total supply is available in circulation. CONCLUSION EMIREX exchange establishes excellent opportunity for users to achieve success in cryptocurrency trading via the integrated innovative features available within in the platform. Leveraging blockchain technology guarantees that transactions within EMIREX exchange is transparent and devoid of third parties, thus it is favorable for cross border payments and transactions for any type of business activities. Currently, there is an ongoing referral giveaway with $200,000 released for the program to be distributed to participants. Users who are able to bring invitees to the EMIREX platform will receive referral commissions for their efforts. Hurry up and be a part of this ongoing event. Referral Link : https://emirex.com/referral?refid=ID6A0A00D781 Kindly use the links below to get more information : Website: https://emirex.com Whitepaper: https://drive.google.com/file/d/1O8fZfCoIKkrsJ6HPMCglbB2k-uY0bGa8/view?usp=sharing Facebook: https://www.facebook.com/emirex.official/ Twitter: https://twitter.com/EMIREX_OFFICIAL Instagram: https://www.instagram.com/emirex_official/ Telegram: https://t.me/emirex_official Linkedin : https://www.linkedin.com/company/emirexgroup/?viewAsMember=true Medium: https://medium.com/@EMIREX_OFFICIAL My Bitcointalk Username : Johnson Knight Bitcointalk Profile URL : https://bitcointalk.org/index.php?action=profile;u=2326370;sa=summary EMIREX UID: ID6A0A00D781
BIZPAYE - A Real World Retail Marketplace For The Blockchain
BizPay is the safe option to the customers who are seeking get a better returns from their investment. Bizpay provides a comprehensive and through knowledge to the customers regarding the anti-money laundering the implementation of Combating Finance of Terrorism this will also include monitoring any suspicious transactions and report to the local regulators. Vision and Mission The main mission of Bizpay is to present a flexible approaches to transact across various boards. Similarly it is with the mission to provide a complete transparency with low fees scenario to the global audience in its own ecosystem. Bizpay aims liquidizing idel and spare capacity from small to medium sized enterprises along side helping them to generate good revenue using an effective business model. Bizpay functions as an International Group of Companies with huge investment made for the last five years. Bizpay works closely with many partners, especially involved in technology, including Global Exchange Tranding, Runasis, Bartervana, and many others in a workable system. Here Bizpay Merchants transact and trade in a unique way. The transactional system will include Rear end customer Relationship Management platform and Merchant front ends. These two support will help to stimulate and enhance potential tradition or the transaction activities of the merchants. Technology Used Bizpay has developed a unique system, which helps to develop and grow the transactions along with trading. Moreover, Bizpay with Blockchain creates opportunities to enhance merchant experience and improve the transactional systems. This is considered to be more secured and supports easy Blockchain technology adaptation. Examples of How Bizpay Tokens works: USD Barter dollar Credit is equal in value to Fiat USD DollarThai Barter Baht Credit is equal to fiat Thai Baht The Bizpay Crypto launched on Blockchain provides fundamental changes along with enabling shift to merchants and customers interaction and transaction on daily basisi within Bizpay ecosystem. The post launch of Bizpay Crypto token will make Bizpay to expand its global reach. The Blockchain ecosystem is highly transparent and it benefits 2nd generation blockhain traders with innovative solutions. Blockchain helps members to easily record date, price, quality, and location. Bizpay with the clear understanding acquires Merchants who accept Barter credit or Crypto credit in lieu of payment for the services and goods and localize presence to explain how new payment currency integrated into their business. There is also a limitation for the Merchants available within Crypto platforms. This implies that merchants will need face to face education to trust and accept new form of non-fiat currency. BizPay Crypto Token Overview Token Name: Bizpay Crypto Token Trading Symbol: Crypto Token type: erc 20 Tokens Minted: 1,000,000,000 Token Decimals: 18 Token Adress: 0x7875bAfc5d63Fa035DeA0809c2a57A382d772903 ICO / ITO / IEO: Project is funded as existing Business Unit Bizpay Market Overview • According to the World Bank, the annual global market value of non-financing range varies according to its performance. • The transaction is works $23 Billion per year, which is growing from 1980 (US$10 Billion Barter Transaction to 2016 130% increase • It is believed that these fi gures scratch surface when it reaches non-fi at transactions • The fi gures recommended by world Bank do not take other massive non-fi sectors like growing, coupon market, and others to account • These sectors are estimated to hold the value of over US$46 Billion worldwide in 2016 with players like Couponomy and Groupon • About $23 Billion a year in the market relies on traditional peer-to-poeer, which records the trades and transaction using manual bookkeeping, or traditional approaches Present market and challenges • According to IRTA, international reciprocal Trade Association, the governing body of barter trade exchange across the world writers regarding merge towards cryptocurrency for the barter industry will be a threat • One can hypothesize the emergence of crypto currency as a threat for its nature of batter exchange members who represent the group of organization • Present market evolves continuously and the barter trade exchange industry functions in an effective way • Bizpay recognizes potential of blockchain technology, which can bring a huge change • Bizpay suggest solutions that are suitable at any situation alongside adopting Blockchain technology Transaction Model for the Bizpay Crypto Token Holders Buyer can seller use Bizpay Barter credit currency for trading and bypass transaction barriers On passing the transaction beyond border of restricted Crypto environment buyer and seller can enter 3rd party transaction to trade and transact Barter credit holding in Bizpay crypto tokens without any political barriers This provides seller access cryptocurrency Bizpay Ecosystem • The ecosystem of Bizpay is expected to become the global decentralized barter marketplace • Here the merchants can interact to buy / sell products • This marketplace allows transactions iin B2B, C2B, and C2C using mixed fabric transaction unit • It creates a smart contracts to facilitate trade between members and hold Bizpay crypto token to initialize trade • Crypto token by Bizpay stores variouos matters such as integrated online wallet to all aceive accounts Various process involved in Bizpay Ecosystem • Members who are buyers • Members who are sellers • Fulfilment resources • Bizpay trade platform • Bizpay crypto wallets and decentralized data The buying member can be an individual or a business that wants to buy goods and services from other member. This buying member will search goods and services that are listed by members as sellers orders and pay for goods and services, receive reward crypto and provide member feedback and receive promotion, and loyalty. Member as sellers will sell goods and services, which encompass conceivable consumable that are relevant to consumer and business trade market place ranging from rice to property. The selling member will publish good and services for sales and deliver goods and services. BizPay Support Center The actions of Bizpay support center will include; • Member acquisition campaign • POS processes • Educational event management services The Blockchain application in Bizpay ecosystem can be influenced by many factors like • Smart Contracts • Payments The smart contracts is the new set of tools and framework, which Bizpay creates a new generation marketplace. The buyers and sellers of Bizpay and iinteract and engage in trustless transaction, which are always protected by different trading and business rules. Bizpay consider the provision of various parameterized smart contract templates to facilitate sale mechanism and this will not require middlemen activities or costs. Goods and Services of Bizpay • The goods and services in Bizpay ecosystem should be simple and convenient to advertise, order and consume • Goods and services in Bizpay Crypto token platform should have various defined parameters such as name, price, description and more • It aims making quick and easy to locate or select appropriate goods and services Bizpay contracts Bizpay has introduced SS’s and SB’s to enable search of goods and services easy to the members. The buyers can deploy SB parameterized contract and that triggers suitable SB for an immediate process and this is in the guidelines parameterized within SB SS or SB should provide ease of use with ultimate control. The SB and SS contracts are core parameterized smart contracts on blockchain and are limited in ability to read data outside blockchain. Data provided via API or similar restful delivery SS and SB are autonomous. The closing elements for trade will facilitate delivery of external data in digitally signed structure and formats. Smart contract verifies signature and process data to progress order. Bizpay Trade and Cryptocurrencies - lowest fees for Crypto Token – Bizpay • Bizpay and other barter platforms work on a margin of 3.5% to 6.5% seller and buyer • Bizpay Crypto token eco system provides transparent and good solution to the varying fees • Each MFT attracts variable fee – VF • VF is constructed of a fixed amount of ecosystem fee, which is similar to gas on Ethereum blockchain • Value fee for each elements of MFT is laid • Transaction cost favour Bizpaye as the ecosystems own currency, which are costly for fi at transactions Example; Card Types, Lines Of Credit & Fee’s Offered in USA • WHITE CARD – FOR STAFF USE ONLY – NO CREDIT PROVIDED • SILVER CARD – UP TO T$10,000 CREDIT – FEE’S 5.5% + TAX BUY & SELL • GOLD CARD – UP TO T$25,000 CREDIT – FEE’S 5.25% + TAX BUY & SELL • BLACK CARD – UP TO T$50,000 CREDIT – FEE’S 5% + TAX BUY & SELL Utility Token • Similar to electronics dealer, this accepts orders for video games, released several months later the startup and create utility tokens or sell digital coupons for goods and services it is developing. • The Security token is the digital asset, which derives its value from external asset and can be traded. • These tokens subject to federal laws, which govern securities. • Failure to comply with regulations may result in severe consequences such as penalities and potential derailment of project development. Why Choose Bizpay? • Bizpay crypto is used to existing Bizpaye Business units, which sets standard that is hard to match from crypto start-ups • Bizpay is organically growing its business across the globe for 5 years since establishment • Bizpay continues to grow and contributes its supports for its active merchants, members who signed Master Franchise agreements, constant development, implementation of software products for merchants and other products • Bizpay rade was launched by Global Trade Management that quickly expanded its Franchised operations to various countries across the world • The reason for rapid growth was attracting Merchant marketplace, which operated on various currency platform such as Barter trade credits, Cash, Credit cards and others • Bizpay has a wider market acceptance and it use Bizpay crypto tokens for transaction with merchants • The increase in numbers of merchants base is the core strategy of Bizpay crypto, pre launch strategies and it focuses on recruitment of new merchants for which the token holders transact • The strategies are developed and employed for incentivizing merchants actively accept Bizpay token as their preferred method of payment for transaction ROADMAP September 2013 Global Trade Management Limited The company Global Trade Management Limited (GTM) is established in Hong Kong October 2013 BIZpaye Hong Kong BlZpaye Hong Kong Master Franchise Signed December 2013 BlZpaye Philippine BlZpaye Philippine Master Franchise Signed February 2014 BlZpaye Australia BlZpaye Australia Master Franchise Signed March 2014 BlZpaye India BlZpaye India Master Franchise Signed June 2015 BlZpaye Corporate Division BlZpaye Corporate Division Commences (GTM) Hong Kong November 2015 Radio BlZpaye Radio BlZpaye Commences Broadcasting April 2016 BlZpaye Germany BlZpaye Germany Master Franchise Signed December 2016 Platinum Member Card BlZpaye Platinum Member Card Launched September 2017 Crypto Project Team BlZpaye CRYPTO Project Team Formed October 2017 BlZpaye CRYPTO R&D BlZpaye CRYPTO R&D Commences November 2017 BlZpaye Dubai BlZpaye Dubai Master Franchise Signed January 2018 BIZpaye Cambodia BIZpaye Cambodia Master Franchise Signed January 2018 BIZpaye Canada BlZpaye Canada Master Franchise Signed February 2018 BIZpaye Norway BIZpaye Norway Master Franchise Signed February 2018 BIZpaye USA BIZpaye USA Master Franchise Signed February 2018 Cashless Early Bird Token Pre-Sale Commences BlZpaye Canada Master Franchise Signed March 2018 Cashless Early Bird Token Pre-Sale Ends BIZpaye CRYPTO Pre-Sale & Cashless Early Bird Sale Ends More Than US$ 2 Million Sold March 2018 Website & Marketing Completed BlZpaye CRYPTO Website & Marketing Completed April 2018 New Barter Software Launched New BlZpaye Trade Transaction Software Release Whitepaper BlZpaye CRYPTO Whitepaper Commenced Lite Paper Released BIZpaye CRYPTO Lite Paper Released May 2018 Legal, KYC & AML BlZpaye CRYPTO Legal, KYC & AML Compliance July 2018 Token Swap Platform Development BlZpaye CRYPTO Whitepaper Commenced November 2018 Token Minting Token Contract Uploaded To Blockchain December 2018 1st Exchange Listing Token listed on the Proassetz Exchange put on trading halt until early 2019 January 2019 APB International PTE. LTD. New Singapore Management Company For Token Release Febuary 2019 Token Swap Platform Beta Testing BIZpaye Token Swap Platform Deployed For Pre-Market Testing April 2019 Token Distribution Commences BIZpaye CRYPTO Token Distribution Commences April 2019 Token Trading Commences BIZpaye CRYPTO Token Trading Commences on the Proassetz Exchange June 2019 & Beyond Token Swap Platform Beta Testing BIZpaye CRYPTO Core Strategy Rollout Commences Crypto Merchant Rewards Program Variable Transaction App Fiat / Trade / Crypto Merchant Recruitment & Growth All Countries Expansion Of Existing Crypto Ecommerce Platform White Label Crypto Exchange For The Barter industry BIZpaye Token Generating Platform For The Barter Industry BIZpaye Swap Platform - Convert Poor Performing Tokens Assets To BIZpaye Crypto Collaboration With Existing Ecommerce Platforms For Crypto Adaptation Throughout 2019 & Beyond Country & Merhcant Growth Continues BIZpaye CRYPTO Country & Merhcant Growth Through Collaborations & Co-Branding BIZpaye Trade & Crypto Through 2019 Has Already Successfully Rebranded or Co-Branded Several Canadian & North American Barter / Trade Businesses Not Only Will Target Growth Be Globally, But Special Focus Will Be Placed On Regions Such As; North & South America Central & Northern Asia & Asean Countries Europe & The Middle East Interested Parties Can Contact The BIZpaye Corporate Team Direct [email protected] Website: https://www.bizpayecrypto.io/
Al Ramz Securities, one of the UAE's leading brokerage houses, has once again reaffirmed its pioneering role in local industry by introducing the country’s first-ever Islamic Margin Trading service. Weekly Margin Trading Report. The Dubai Financial Market (DFM) offers direct access to the most accurate and timely market data available online. Access comprehensive market bulletins, reports, historical data and newsletters directly from DFM or various types of data feeds available through DFM-licensed distributors. Margin trading is the ideal product providing you the opportunity to gain purchasing power against classified shares in your portfolio and cash*. Margin trading facility by Emirates NBD provides the flexibility to make investment choices that you prefer. Dubai: For the UAE’s dairy brands, their already thin margins on fresh milk retail prices are getting skimmed off further. And it is the deep discounts that some producers — local and regional Company Name : MARGIN GENERAL TRADING (L.L.C) Address : Dubai PO Box : 28044 Tel : 04-2949767 Fax : 04-2949878 Email : Website : Nature of Business : General - UAE Contact and Business Location
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