Currency Call Option – Intersindical RTVV Sun, 19 Sep 2021 19:04:59 +0000 en-US hourly 1 Currency Call Option – Intersindical RTVV 32 32 Clever eyes 18,000! 10 factors that could lead to action on D-St in the coming week Sun, 19 Sep 2021 04:15:44 +0000

The Nifty50 rose over 1% for the week ended September 17 and closed just a little below 17,800 levels on Friday.

The index ended a 3-day winning streak to close in the red as investors preferred to post profits at higher levels. The next big level to watch out for would be 18,000 on the Nifty50.

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The trip for Nifty50 is just fast and furious. The index has already risen by more than 25% so far in 2021.

“The market’s massive sell-off on Friday appears to be primarily due to profit reservation, after a stellar rally in recent weeks. Since July 28, Nifty has gained 15%. Meanwhile, during this period, global markets barely increased as the MSCI Emerging Markets Index rose 4% and the DJIA was essentially stable, ”said Abhishek Chinchalkar, CMT Charterholder and Head of Education, FYERS.

In view of this meteoric outperformance, a sort of cool-off or consolidation cannot be ruled out in the short term. That said, the overall trend for Nifty remains upward and corrections, if any, should be used as buying opportunities.

“For the next week, support for Nifty is seen between 17440-17295. If this support zone holds, we could see another test of today’s high and a possible attempt around 18,000, ”he said.

We’ve put together a list of 10 factors that could drive the trend on D-Street over the coming week:

Outcome of the 45th GST Council Meeting:

The market would react to the results of the GST meeting on Monday. The GST Council on Friday extended preferential tax rates on COVID-19 drugs, reduced the tax on cancer drugs, and removed the GST on the importation of high-cost muscle atrophy drugs, but will continue to exclude gasoline and diesel from the uniform national tax system. Read the full story

US Federal Reserve Meeting:

The market could remain volatile as the US Federal Reserve kicks off the two-day meeting on September 21-22. Global markets will await an update on their bond buying program, experts suggest.

“In the coming week, the global focus will be on the political meetings of a few central banks, including the Fed. With weak employment data in the United States and inflation rising at a slower pace, the Fed should not be hinting at any cuts at the next meeting, ”said Vinod Nair, manager. of research at Geojit Financial Services.

Bank of Japan Meeting:

In addition to the US Federal Reserve, the Bank of Japan will also hold its monetary policy committee on September 22. Media reports suggest the bank is likely to maintain its accommodative stance.

Movement of the dollar index:

The dollar hit three-week highs on Friday, supported by better-than-expected US retail sales data released on Thursday, according to Reuters data. The change in the dollar index has an impact on the rupee.

With the depreciation / appreciation of the INR, the flow of funds in the Indian stock market, the profitability of import and export companies, corporate debt denominated in dollars and commodities are all affected, said William O’Niel India in a report.

The dollar index, an indicator of the greenback’s value against six major currencies, hit 93.220, the highest since the third week of August, according to the Reuters report.

FII activity:

Foreign Institutional Investors (FIIs) have remained net buyers in the cash segment of Indian equity markets over the past week. The IFIs have paid out over Rs 7,200 cr so far in September, against more than Rs 1,400 cr in net sales from national institutional investors (DII).

“The movement of the dollar index and US bond yield will play a key role in the behavior of emerging markets like India,” said Santosh Meena, head of research, Swastika Investmart Ltd.

Focus on bank stocks:

NiftyBank slashed gains after hitting a record 38,112. It closed with gains of 0.38% at 37,811. For the week, the index closed with gains of over 3 percent.

Support for the index’s key pivot points is placed at 37550, 37211, as well as 37023 while resistance is placed at 38077, 38265 and 38604.

“The NIFTY Bank Index has managed to break through the highest living standard of 37,700 in the past week. Now there is a much stronger breakout in the index hinting that it is approaching the higher levels of 40,000, ”said Mehul Kothari, AVP – Technical Research at AnandRathi.

Technical factors:

The Nifty50 closed 0.2% lower at 17,585 after hitting a record 17,792 earlier in Friday’s trading session. For the week, the index closed with a gain of 1.2 percent.

“In contrast, 17430-17250 is a critical support area; below that we can expect a market correction and that could extend to the 16700 levels while if Nifty manages to break out the 17800-17850 area we can expect it to hit the 18,000 mark Meena said.

Option data:

India VIX rose 5.71% from 14.41 to 15.23 levels. The India VIX push may give the market a volatile swing. It must stay below 13 zones to continue its bullish momentum.

“On the options front, the maximum OI Put is at 17000 followed by 17500 strike while the maximum OI Call is at 18000 followed by 17800 strike”, Chandan Taparia, vice-president | Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.

“The call entry is seen at 18100 then 17700 strike while the Put entry is seen at 17700 then 17600 strike. The options data suggests a wider trading range between 17300 and 18000 zones while a range immediate negotiation between 17,400 and 17,800 zones, ”he said.


The rupee closed up 4 peas at 73.48 against the US dollar on Friday, reflecting broad weakness in the US currency abroad, according to a report from the PTI. On a weekly basis, the rupee gained 2 paise against the US currency.

The rupee traded in a narrow range near 73.50 as the market waits for the RBI’s position on interest rates. The dollar index remained in a range between 92.50 and 92 . $ 75. The rupee range in the coming session can be seen between 73.30 and 73.65, “Jateen Trivedi, Senior Research Analyst at LKP Securities, said.

Main market: Paras Defense and space technologies

Paras Defense and Space Technologies will open for subscription on September 21. The price range has been set at Rs 165-175 for its initial public offering. The company will allow investors to subscribe for shares worth Rs 171 crore upon the initial sale of the shares.

Disclaimer: The opinions / suggestions / advice expressed here in this article are solely by investment experts. Zee Business suggests that its readers consult their investment advisers before making any financial decisions.

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Telegram blocks chatbots of Russian opposition leader during vote Sat, 18 Sep 2021 21:17:29 +0000

The Russian government still has a strong influence on Telegram despite the lifting of a ban last year. RadioFreeEurope reports Telegram has temporarily blocked Russian opposition leader Alexei Navalny’s Telegram chat bots during the vote in the country’s parliamentary elections this weekend. Company founder Pavel Durov said Telegram would obey an election law prohibiting campaigning during elections, calling the law “legitimate”.

This move comes despite the nature of robots and Durov’s past statements. One of the bots, Smart Voting, was only meant to identify candidates who might overthrow the dominant United Russia party, and not just Navalny’s Future Russia party. Durov also denounced Apple and Google by removing the Smart Voting mobile app from their respective app stores, calling it a “dangerous precedent” that tolerated censorship.

Russia under Vladimir Putin has systematically cracked down on all political dissent, including actions against Navalny himself (such as an assassination attempt linked to Russian agents) and a long-standing effort to quash the broader effort of smart voting. Officials have both threatened Apple and Google with fines and have gone so far as to try to limit the Internet infrastructure that allows access to smart voting.

Whatever the motivations, the ruling highlights that fine tech companies tend to operate in Russia. While they may oppose the Putin regime’s tight grip on politics and speech, they also cannot afford to upset the government if they want to have any presence in the country. Telegram may oppose Russia’s policies, but it risks depriving residents of a relatively safe avenue for free speech if it defies Russian laws.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through any of these links, we may earn an affiliate commission.

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Guide Serenitea Pot of Kingdom Currency Sat, 18 Sep 2021 04:01:59 +0000

Genshin ImpactThe Serenitea Pot’s housing system has been out for some time. After a few fixes, there have been a lot of desirable changes and additions after its rough launch, including significant quality of life improvements. After the release of Raiden Shogun, a huge influx of gamers began to play the game and will certainly encounter the housing feature later in the story. This Serenitea Pot guide will cover the basics and the progression guide, so players can easily navigate through the trusted ranks and have all of the customization options in the palm of their hands.

To get the Pot Serenitea and enter the realms, you have to reach Adventure Rank 30 and complete Archon Liyue’s quest, “A new star is approaching “. Once the conditions are met, the quest “A teapot to call home “ will be available, where Madame Ping gives you the Pot Serenitea as a reward. Once possessed, players will need to deploy the teapot via the gadget inventory and teleport to the realm.

To start

For the first time when entering the Pot Serenitea, you will have to choose one of the three starting realms. The first is the Floating home, a celestial kingdom high in the clouds, where picturesque islands float and are intertwined by runic bridges. The second is the Emerald peak, a kingdom of towering mountain peaks piercing the clouds. Third and last is the Cool island, a kingdom set in the middle of a summer getaway, where a small cluster of lush islands come together. Most of your initial progress will take place in one of these areas, so you’ll need to choose wisely if you think setting is important to your accommodation.

After entering the kingdom of your choice, you will encounter a certain teapot spirit outside your lavish mansion. This creature is called Tubby, and he serves as a butler, who accompanies you throughout your progress in the Serenitea pot. Tubby provides information regarding your Confidence Rank and Follower Energy, while also being the perfect place to craft furniture and shop at the Depot. You can think of Tubby as your, * ahem *, Serenitea Pot guide.

Furnishing are the meat and potatoes of your accommodation. Not only do they turn your initially lifeless realm into a comfortable respite, but new furniture creation is necessary to advance your Confidence Rank. The more furniture you create, the more things you can place and organize, while your progress in the Serenitea pot goes even further. There are all kinds of furniture, from bushes and trees to apartments and windmills. The ways in which you can decorate your kingdom are almost limitless, and all the power is in your hands.

Plans are the keys to crafting new furniture, which speeds up your progress. There are many ways to get blueprints for your teapot. Most of these can be purchased from Tubby, which can be found in the Realm Depot section. You can also get them as a reward from Events, the Teapot Manual, and even Confidence Rank progression.

You can’t just make furniture out of thin air, and as such, you need all kinds of materials to create. Some of the materials can be purchased at the Realm Depot, such as fabric, while others are acquired through craftsmanship, such as some dyes. There are certain minerals that are essential for creating furniture, so be sure to constantly supply them. Finally, strange as it sounds, you might have to start hitting trees every time you see them. Most Teyvat trees now drop a specific amount of wood after hitting them (a few times), and different trees drop different wood. To find out where to find the lumber you need, there is a guide found in the Archive menu at wood pitches.

Companions are an additional feature that allows you to place your possesses characters as NPCs anywhere in your kingdom. While present in the realm, these characters will generate Companion XP through the Realm Bounty, found on the Trust Rank screen. The higher the adeptal energy of your kingdom, the more Companion XP they will generate. Players also have the option to talk to their companions, unlocking new personal dialogues.

The possibilities in your kingdom are endless… Well, almost. Unfortunately we have a Charging system this limits the overall amount of furniture that can be placed. Each piece of furniture takes a certain load, with larger ones like apartments taking more load than small pieces of furniture. Companions and pets carry the most load, and placing them all in one area will limit the amount of other furniture you can place in the same area.

Adeptal Energy and Trust Rank

Our progress in the Pot Serenitea has two important objectives to achieve: higher adeptal energy, and higher trust rank. The plan is simple – we aim to get as much Adept Energy as possible, to generate more Realm Currency. The more Realm Currency we have, the more blueprints we can buy from the Realm Depot. Finally, the more plans we have, the more confidence we can generate in creating new furniture.

The Kingdom deposit is a treasure trove of useful things, but each with its own cost in realm currency.

The Treasures of the Realm provide useful items for upgrading your characters for combat, although these are quite expensive and are only recommended for players with maximum Confidence Rank.

The Furniture section has a dazzling collection of trees, foliage, and stones, but these aren’t worth spending early. There is one exception, which is the Flask of Adept Speed, an item that speeds up furniture production in an instant. This item is restocked daily and is incredibly inexpensive, so it’s ideal to go back to your teapot every day to get it.

Finally, we have Furnishing Plans, which contain a whole host of plans essential to advancing your Confidence Rank. You have to try to empty this store as much as possible to gain maximum confidence.

Once you have already created some furniture, it is time to increase our adept energy. Furniture of greater rarity generates more energy, therefore it is ideal to buy the 4 star furniture first of the deposit of the kingdom. Some 4-star furniture only carries a minor charge, so creating and placing multiple copies allows you to generate a lot of energy for less charge. Some call it Mining energy, but you can call it whatever you want.

For example, you can make many copies of the Pine room divider and place them neatly side by side in an empty room. This furniture supports a low load and takes up little space, but offers a very high adeptal energy per room. If you want to optimize your energy gains, you can definitely consider this strategy.

Itinerant seller and coop

Every Friday through Sunday, a traveling salesman (similar in appearance to Tubby) shows up and offers players pets and field furniture, in exchange for realm currency. Buying from the seller is part of your progress in the Serenitea Pot manual, so don’t miss once it appears during these times. If you have the Battle Pass, purchasing from a friend’s Roaming Vendor provides a lot of Weekly Quest Battle Pass Points.

Speaking of friends, the Serenitea Pot also supports co-op, and other players can request to enter your kingdom, even when you’re not around. If you want a nice place to hang out or need a seat for your group, the Pot Serenitea is a great place to come and meet! Not only that, but you can ask your friends to speed up your furniture productions which is a win-win for all.


Finally, for our Serenitea Pot guide, we’re talking about the most recent addition to the Serenitea Pot – the gardening system. Introduced in Genshin Impact 2.1, the gardening system gives the Serenitea pot much more value and gives players a way to collect resources in a much more consistent way. After completing the quest “The Art of Horticulture” from Madame Ping, players will receive a field to plant seeds and some seeds. More fields and seeds can be purchased from the Realm Depot, so be sure to buy whatever is available. After placing the fields in your kingdom, you can place seeds of plants you want to grow. These seedlings will sprout after 3 days, so be sure to come back by then to harvest your crops. There is a good list of plants to grow, with rarer items like Silk Flowers and Naku Weeds as notable.

Players will also get the Seed Dispensary from the same quest, which is a gadget used to get seeds by collecting certain plants around Teyvat. Note that even without doing Madame Ping’s quest, you can purchase seeds and plots of land in Tubby. However, the only way to get the Seed Dispensary and collect Seeds in the Wild is through this quest.

The Serenitea pot is a popular addition to Genshin Impact, offering players a place to decorate and call home, or even a place to meet friends or other people. With the continuous addition of new features and changes in quality of life, we can assume that this housing system can only improve over time.

PlayStation 5 with a big brain

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Former McDonald’s Mylan executive pleads guilty to insider trading Sat, 18 Sep 2021 00:37:58 +0000

A former Mylan executive pleaded guilty on Friday to insider trading that earned him more than $ 4 million.

Dayakar Mallu, 51, now of Orlando, will be sentenced by US District Judge W. Scott Hardy on January 24.

According to the plea deal, Mallu faces a range of sentences ranging from 57 to 71 months in jail and has agreed to pay $ 4.8 million.

The case was initially filed under seal last month. The plea hearing was not on the Pittsburgh U.S. District Court’s online schedule on Friday.

Mallu’s attorney, Aitan Goelman, said Friday night he had no comment.

Mallu, formerly of McDonald’s, was briefed by Mylan’s CIO on four occasions about an acquisition and two drug requests to the FDA over a period of one and a half years, court records show , allowing him to illegally earn $ 7.3 million.

Mallu worked for Canonsburg-based Mylan from May 2011 to March 2017. During the last three years of this period, according to criminal information filed against him, Mallu served as vice president of information technology for global operations. .

In that role, he reported to Mylan’s CIO, according to the file, with whom he had an outside relationship, including attending family events together and serving as a partner in an outside business. Criminal Intelligence lists the CIO as an anonymous co-conspirator. A Federal Securities and Exchange Commission complaint filed against Mallu on Friday identifies this person as a “senior executive.”

The CIO lived in Upper St. Clair and was hired to lead Mylan’s IT operations in September 2014, according to court documents.

Criminal reports alleged that Mallu had conspired with the IOC in an insider trading scheme from September 2017.

According to the SEC complaint, Mallu received the advice between September 2017 and July 2019. The first occurred when the senior executive learned that Mylan’s generic option for Copaxone, a treatment for multiple sclerosis, was about to be approved by the FDA.

On the same day, September 29, 2017, Mallu bought nearly $ 800,000 of Mylan shares, the government said.

Four days later, FDA approval was announced and the value of Mallu’s shares increased by nearly $ 700,000.

In January 2019, the senior executive alerted Mallu that the generic asthma drug, Wixhela Inhub, was about to be approved.

Mallu bought 1,000 shares of Mylan call option contracts for $ 38,000, and a day later, when the approval was announced, the value increased by $ 84,000.

Then, on January 30, 2019, the senior executive learned that Mylan was going to report lower than expected financial results.

The senior executive knew this would negatively impact Mylan’s share price and several weeks later passed this information on to Mallu using a secure messaging and calling app to that Mallu can negotiate on it, ”the SEC complaint said.

Mallu was able to transact to protect against potential loss, the government said.

The last piece of advice was for the merger between Mylan and Pfizer’s generic business, Upjohn, in November 2020 to form Viatris Inc.

Mallu used the information the senior executive provided about the merger to purchase call option contracts for $ 8.4 million.

When the merger was announced, the value of Mallu’s options increased by $ 2.2 million.

According to the SEC file, on several occasions Mallu paid the senior manager in Indian rupees.

“The senior executive ordered Mallu to make these payments in person, in India, in cash to avoid detection,” the complaint says.

As a result of the exchanges, according to criminal reports, Mallu made a net profit of $ 4.2 million, which he shared with the co-conspirator.

The two of them, the document continued, “engaged in cash transactions in foreign currencies, used trusted intermediaries to exchange money in a foreign country, and used methods of communication not found to cover up the illegal nature and the benefits of their plot, ”the criminal intelligence report said.

Viatris said in a statement: “We are aware of the actions taken by the government today with regard to Mallu, a former employee of Mylan. The company is committed to upholding the highest standards of integrity and compliance with the law. The company fully cooperates with the authorities. We are unable to comment further on this matter. “

Mallu also pleaded guilty to filing a false income tax return related to a computer programming company he owns in Farmington Hills, Michigan, named Opel LLC.

Paula Reed Ward is the editor of Tribune-Review. You can contact Paula by email at or via Twitter .

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Millennium Partners, LP UK Regulatory Announcement: Form 8.3 – Sanne Group plc Fri, 17 Sep 2021 14:16:00 +0000


FORM 8.3



Rule 8.3 of the OPA Code (the “Code”)


(a) Full name of discloser:

Millenium International Management LP

(b) Owner or controller of the disclosed interests and short positions, if different from 1 (a):

The designation of nominees or vehicle companies is insufficient. For a trust, the trustee (s), settlor and beneficiaries must be named.

(vs) Name of the offeror / officer for the titles concerned by this form:

Use a separate form for each offeror / beneficiary

Sanne plc Group

(D) If an exempt fund manager is related to an offeror / offeror, indicate this and specify the identity of the offeror / offerer:

(e) Date of the position held / of the transaction undertaken:

For an open position disclosure, indicate the last practicable date before the disclosure

16e September 2021

(F) In addition to the company in 1 (c) above, does the discloser make any disclosures with respect to any other party to the offer?

If it is a cash offer or a possible cash offer, indicate “N / A”



If there are positions or rights to be subscribed to be disclosed in more than one category of relevant securities of the offeror or offender named in point 1 (c), copy table 2 (a) or (b) (depending on the case) for each additional category of relevant titles. Security.

(a) Interests and short positions on the relevant securities of the offeror or the offender to which the disclosure relates as a result of the transaction (if applicable)

Relevant safety class:

1p ordinary (JE00BVRZ8S85)


Short positions





(1) Relevant securities held and / or controlled:

(2) Derivatives settled in cash:

1 882 938


(3) Equity-settled derivatives (including options) and buy / sell agreements:


1 882 938


All interest and short positions must be disclosed.

Details of all open derivative positions settled in equities (including traded options) or relevant securities buy or sell agreements should be provided on a Supplemental Form 8 (Open Positions).

(b) Subscription rights for new securities (including options for directors and other employees)

Class of securities concerned in relation to which there is a subscription right:

Details, including the nature of the rights concerned and the relevant percentages:


When there have been transactions on more than one category of relevant securities of the offeror or the offender named in point 1 (c), copy table 3 (a), (b), (c) or (d ) (as the case may be) for each class of securities concerned processed.

The currency of all prices and other monetary amounts must be indicated.

(a) Purchases and sales

Relevant safety class

Buy Sell

Number of titles

Unit price (GBP)

(b) Cash-settled derivative transactions

Relevant safety class

Product Description

eg CFD

Nature of the transaction

For example, open / close a long / short position, increase / decrease a long / short position

Number of benchmark titles

Price per unit



Exchange of shares

Increase a long position




Exchange of shares

Reduce a long position




Exchange of shares

Increase a long position

2 150



Exchange of shares

Increase a long position




Exchange of shares

Increase a long position

2 362



Exchange of shares

Increase a long position




Exchange of shares

Increase a long position




Exchange of shares

Increase a long position



(vs) Equity-settled derivative transactions (including options)

(I) Writing, selling, buying or modifying

Relevant safety class

Product Description for example purchase option

Write, buy, sell, vary, etc.

Number of securities to which the option relates

Unit exercise price


for example American, European, etc.

Expiration date

Option money paid / received per unit

(ii) Exercise

Relevant safety class

Product Description

for example purchase option

Exercise / exercised against

Number of titles

Unit exercise price

(D) Other operations (including subscription of new securities)

Relevant safety class

Nature of the transaction

e.g. subscription, conversion


Unit price (if applicable)


(a) Compensation and other trade agreements

Details of any indemnity or option agreement, or any agreement or arrangement, formal or informal, relating to the relevant securities which may be an inducement to trade or refrain from trading entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, indicate “none”


(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person regarding:

(I) the voting rights of any security concerned under any option; Where

(ii) voting rights or the future acquisition or disposal of any relevant security to which a derivative is referenced:

If there are no such agreements, arrangements or understandings, indicate “none”


(vs) Attachments

Is an additional form 8 (open positions) attached?


Disclosure Date:

17e September 2021

Name of the contact:

Milos Naumovic

Phone number:

+44 203 650 8203

Public disclosures under Rule 8 of the Code should be made to a regulatory information service and should also be emailed to the Takeover Panel at The Panel’s Market Surveillance Unit is available for consultation regarding the Code’s disclosure requirements on +44 (0) 20 7638 0129.

The Code can be viewed on the Group’s website at

Category code: RET

Sequence number: 746346

Reception time (offset from UTC): 20210917T140705 + 0100

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Ethereum options data suggests battle for $ 4,000 ETH is at least a week away Thu, 16 Sep 2021 23:33:28 +0000

During the last 40 days, Ether (ETH) trended slightly upward, mostly respecting a narrow channel. It experienced a brief rally to $ 4,000 during the first week of September, but a subsequent crash brought the price into the ascending channel.

Ether price at Bitstamp in USD. Source: TradingView

In August, non-fungible tokens posted record transactions, clogging the Ethereum network and pushing the average transaction fee above $ 40 in early September. Although the volume of NFT transactions has continued to sag, new items continue to be created every minute, whether or not they are traded.

On September 13, Cathie Wood – CEO of Ark Invest, a US-based $ 58 billion asset manager – commented that Ark is aiming for 60% Bitcoin (BTC) and 40% Ether Allowance. Ark Invest holds relevant positions in Coinbase (COIN) and Grayscale Bitcoin Trust (GBTC) stocks. Additionally, Wood is a longtime Bitcoin advocate.

Ether investors may have been lucky as one of the coin’s biggest rivals, Solana (SOL), faced a seven hour blackout September 14. A sudden increase in transaction volume flooded the transaction processing queue, causing the network to go down.

Another incident happened the same day after the Ethereum Layer Two stacking network Referee one disconnected for 45 minutes. The team attributed the downtime to a massive batch of transactions submitted to the Arbitrum sequencer over a short period of time.

Bitcoin options accumulate open interest for September 3. Source:

These events highlight the importance of upgrading to ETH 2.0, which will bring parallel processing and significantly reduce transaction costs. Oddly enough, Ethereum also faced a large sequence of invalid blocks from a malicious entity. However, the vast majority of network customers rejected the attack, making it unsuccessful.

As noted above, the bears were taken by surprise and 95% of the sell (sell) instruments were placed at $ 3,500 or less. Therefore, if ETH stays above this price on September 17, only $ 8 million neutral to bearish put options will be activated upon expiration.

A put option is a right to sell Bitcoin at a predetermined price on the set expiration date. So a put option of $ 3,000 becomes worthless if ETH stays above that price at 8:00 UTC on September 17th.

The call-to-put ratio reflects a balanced situation

The call-to-put ratio of 0.95 represents the small difference between call (call) options worth $ 173 million and put (put) options of $ 181 million. This bird’s eye view requires more detailed analysis which considers some of the bets to be overblown considering the current level of $ 3,500.

For example, if Ether’s expiration price on September 17 is $ 3,300, each call option above that price becomes worthless. There will be no value for a right to acquire ETH at $ 3,700 in this case.

Below are the four most likely scenarios given the current price of ether. The imbalance in favor of each side represents the theoretical profit of the expiration. The data below shows how many contracts will be activated on Friday, based on the expiration price:

  • Between $ 3,100 and $ 3,300: 2,100 calls against 20,300 put options. The net result is $ 58 million in favor of the protective sell instruments (bear).
  • Between $ 3,300 and $ 3,500: The net result is balanced between bears and bulls.
  • Between $ 3,500 and $ 3,700: 17,600 calls against 2,300 put options. The net result is $ 55 million in favor of call options (bull).
  • Above $ 3,700: 17,600 calls against 2,300 put options. The net result favors call options of $ 85 million.

This raw estimate considers call options used exclusively in bullish strategies and puts in neutral to bearish trades. However, investors may have used more complex strategies which usually involve different expiration dates.

Minimum volatility is expected for this week

Both buyers and sellers will face small gains from a moving ether price to increase their returns as the weekly options expire. Whether or not it hits $ 3,500 will be interesting – things could go both ways.

To put it in perspective, the ETH options’ monthly expiration of September 24 currently holds an open interest of $ 1.6 billion. So the two sides are probably concentrating their efforts for the next week.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trade move involves risk. You should do your own research before making a decision.

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Emerging crypto projects from Wall Street’s biggest banks Thu, 16 Sep 2021 09:30:00 +0000
  • Cryptocurrency prices hit record highs last year, and Wall Street has taken notice.
  • Amid growing customer interest, some banks unveiled crypto plans while others waited.
  • Insider has compiled files on 10 of the crypto offerings, plans and key executives of the biggest banks.
  • See more stories on the Insider business page.

In August, Citigroup generated a buzz amid reports that the bank was launch efforts to trade bitcoin futures.

Insider announced in July that JPMorgan Chase – the bank whose CEO threatened to fire employees for trading bitcoin – had informed plans to allow wealth management clients to buy and sell a small set of crypto products. .

This spring, it was Goldman Sachs that caused a stir by launching a “new” crypto office trade bitcoin futures and derivatives – effectively a relaunch of the same effort he unveiled after the bitcoin price spike in 2017.

Keeping track of all the twists, turns and plans among banks trying to capitalize on the cryptocurrency boom can be dizzying. Insider has therefore compiled files on 10 of the biggest banks’ offerings – or the lack thereof – as well as key executives and public statements about digital assets.

We have the latest plans for crypto trading, custody, wealth management offerings, and more for:

Spoiler alert: Despite all the hubbub and digital ink spilled, the world’s largest banks have not embraced digital assets in any meaningful way. Trading crypto futures may seem exotic, but it’s not much different from any other trading of derivative companies through CME.

“It’s not difficult to trade bitcoin futures contracts. You just need to be able to trade futures contracts,” a large bank executive involved in digital asset strategy told Insider. “You all have the same pipes.

No major bank trades physical bitcoin or other cash cryptocurrencies – a riskier foray, and many institutions want a blessing from regulators to officially prosecute.

It might take a while. Regulators around the world have stepped up their scrutiny of crypto firms in recent months, taking them to task after years of inaction.

Global banking regulators in June strict capital requirements proposed for bitcoin and other cryptocurrencies – for the riskiest asset class a dollar of capital should be set aside for every dollar of exposure – given the risk of money laundering and price volatility .

“Unfortunately, this asset class has been rife with fraud, scams and abuse in some applications,” said Securities and Exchange Commission Chairman Gary Gensler. told the European Parliament in September. The SEC this month also threatened to sue Coinbase, the largest U.S. crypto exchange, if it allows customers to earn interest on digital asset deposits.

But due to the gravity, global reach, and systemic importance of Wall Street’s major banks, if and when they dive headlong into digital assets, it will likely have immediate and substantial repercussions in the market. Many of these banks have invested millions in crypto or blockchain startups, but for this article we are focusing on the services that these institutions provide to their own clients, especially in the areas of trading, wealth management and custody.

Read on to see where each major bank stands when it comes to crypto. We will update the file with new developments.

Select executive quotes courtesy of financial data provider Sentieo.

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]]> 0 BITCOIN OFFICIAL WEBSITE PROFIT EXPOSED Mon, 13 Sep 2021 14:33:07 +0000

Bitcoin profit has recently been a very popular and popular topic of discussion on online forums, news sites, social media, etc. The most common questions related to these crypto applications that we have found are: “Is Bitcoin Profit a Good Investment?” “” Is Bitcoin Profit legal? “&” How can I join the Bitcoin profit? ” After extensive research and testing with our specialist team, we recently found the truth attached to the official Bitcoin Profit (app) site / link which is very different from what is being exposed on the front line and has been working for over 3 years in the backstage. Get answers to all your questions or concerns about Bitcoin Profit (app) by reading our full review.

About Bitcoin Profit (app)

In this article, we have brought great news for traders / investors on the Official Bitcoin Profit (app). The app gives you the ability to connect with the top brokers in your GEO location in a quick and convenient way. You need to be careful when choosing to sign up on any platform or app, as there are a lot of scams that work with the same name. Note that our application has nothing to do with automated trading software, which with a high probability is the most qualified scam.

Traditionally, investors seek online reviews of “best trading sites” which are mostly paid or unrealistic. This is why qualified financial experts, together with professional developers, build in the cloud this incredible platform which automatically exposes interested traders or investors to the best brokers (never seen or marketed anywhere). Bitcoin profit (app) connects users to the best reliable and trusted financial companies by GEO location and lets them experience the true power of online trading. Bitcoin Profit Partner Broker (app) services include built-in trading signals with high accuracy, 0 spreading limits, a variety of educational materials, free phone call advice with top financial experts where traders can chat of their financial goals that they want to achieve in the crypto market and others, a variety of exclusive tools like indicators, profit calculators, etc.

The Bitcoin profit (app) is a very popular platform and has been featured in ezines and famous websites like Yahoo Finance, MarketWatch, etc. Unlike other platforms, this is a registered app and that is the reason people prefer this app over any other.

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How to register ?

The registration process via Bitcoin Profit (app) is straightforward. The process is briefly described below:

  • The user goes register by providing basic information such as name, email, phone and setting a password. The user must be over 18 years old. Please provide accurate information for quick verification.
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  • Step 3, fund your account. The minimum investment is $ 250 to start trading.
  • You’ve done the hard work of this step… Enjoy the Profit Journey!

So far, the experience of our users has been impressive. You must read their testimonials on the official page of the Bitcoin Profit app. So many people who did not have any kind of experience in investing and trading online have changed their financial situation with the help of our private brokers.

Keep track of your funds and profits securely from any device in real time. Many commercial companies just have their classic online platform with very limited options and functionality ”which means limited possibilities ”. Our brokers offer complete solutions for traders / investors and share with them the whole army with real potential where in the worst days traders can profit from as much as $ 1000.

Bitcoin Profit Editor Review (App)

I am very impressed after receiving incredible support and guidance on the road to profit, high quality educational materials and live training from the best financial experts, features and tools ever exhibited by large trading companies. Personally, I connect with the best broker in my area through Bitcoin Profit (app) and now I am aware that all of the testimonials and reviews on the app were pretty darn accurate. In my opinion, I think Bitcoin Profit is one of my best investment decisions and it has given me the luxury of chasing my dreams. I suggest to be wary of scammers who promote many apps of the same name. is the only official (app) available. Before jumping to a conclusion, you need to try it out for yourself.

Follow this link to register:

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NorCal judge rules Apple can’t force developers to exclusively use App Store payment system – CBS Sacramento Sun, 12 Sep 2021 01:10:00 +0000

(CNN) – Apple can no longer ban app developers from directing users to payment options outside of its App Store, a judge ruled on Friday. The ruling, which follows a controversial legal battle with the creator of the hugely popular video game Fortnite, is a blow to Apple – but the company also scored a partial victory as the judge declined to call it a monopoly.

Judge Yvonne Gonzalez Rogers of the U.S. District Court for the Northern District of California ruled on Friday that Apple violated California’s unfair competition law by forcing Fortnite and its maker Epic Games to use Apple’s payment systems on the App Store, the maker of the iPhone extracting a 30% commission on every in-app purchase in the process. It issued an injunction saying that Apple can no longer prohibit developers from adding links in their apps to external payment options; for example, alerting users to the possibility of paying for a subscription on a web browser, rather than through the app.

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But Gonzalez Rogers sided with Apple on the lawsuit’s other allegations and said she couldn’t find the iPhone maker to be a monopoly.

“Based on the trial record, the court ultimately cannot conclude that Apple is a monopoly under federal or state antitrust laws,” the court documents say. “Success is not illegal. The final trial record did not contain evidence of other critical factors, such as barriers to entry and a decline in production or innovation in the relevant market.

The decision, which will almost certainly be appealed, came after a months-long legal fight that could change the way we use our smartphones.

Apple stock was down nearly 3% by midday Friday after the decision. In a statement and a follow-up press appeal, Apple called the decision a victory for the company and said the court found it was not a monopoly.

“Today, the court confirmed what we have known from the start: the App Store does not violate antitrust law,” Apple said in a statement. “Apple faces stiff competition in every segment in which we do business, and we believe customers and developers choose us because our products and services are the best in the world. “

In a series of tweets, Epic Games founder and CEO Tim Sweeney said the company “will continue to fight.”

“Today’s decision is not a victory for developers or for consumers. Epic is fighting for fair competition between in-app payment methods and app stores for a billion consumers, ”tweeted Sweeney, continuing,“ Fortnite will return to the iOS App Store when and where Epic can offer in-app payment. -app in fair competition with Apple. in-app payment, passing the savings on to consumers.

A spokesperson for Epic confirmed that the company plans to appeal the decision.

The fight began last August when Apple kicked Fortnite from the App Store for flouting its rules on in-app payments on the iPhone.

In a software update from Fortnite, Epic encouraged iOS gamers to purchase the in-game digital currency, known as V-Bucks, directly from Epic, rather than through Apple’s in-app purchase system. . To sweeten the deal, Epic offered a discount to those who bought V-Bucks directly.

While consumers may have viewed it as a loyalty bonus, Apple viewed it as a blatant breach of its contract with Epic and an attempt to undermine a key revenue stream. The iPhone maker started Fortnite from the App Store, and Epic immediately filed what appeared to be a largely premeditated lawsuit.

In a contentious lawsuit that began in May and lasted nearly a month, Epic argued that the App Store is a monopoly because it is the only way to access hundreds of millions of users of iPhone, and that Apple has hurt competition by banning other app stores or payment. methods on their devices.

The games company stressed that it was not seeking any monetary compensation in the lawsuit, but wanted the judge to force Apple to relax some of those restrictions. “Epic is only looking to change Apple’s future behavior,” company CEO Tim Sweeney said at the booth.

Apple and its CEO Tim Cook have sought to thwart this argument by pointing out that the iPhone is one of the many devices on which Fortnite users can play the game and buy V-bucks, including Android smartphones ( Epic is leading a similar lawsuit against Google) and video game consoles such as the PlayStation and Xbox, many of which also don’t allow alternative payment methods and charge similar commissions.

It is not illegal to have a monopoly under US law; it is only illegal to try to preserve a monopoly at the expense of competition.

Apple also justified its 30% commission by claiming that revenue from in-app payments helps improve security and privacy for iPhone users, giving developers a massive captive audience.

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“We made a choice,” Cook told the judge. “There are clearly other ways to monetize, but we chose this one because this one is overall the best way. “

Apple’s in-app payments commissions – often referred to by developers as the “Apple tax” – have been criticized by developers, lawmakers and regulators around the world for years. And while the Epic lawsuit is one of the most high-profile legal challenges, it is one of many in the past year alone. Other notable antagonists have been music streaming service Spotify and the parent company of dating app Tinder, Match Group, with the former targeting Apple in the United States and Europe for alleged anti-competitive behavior. In the weeks leading up to the verdict, Apple made several adjustments to App Store policies with the possible goal of avoiding further criticism of its practices. In late August, the company announced a settlement in a class action lawsuit that allows app developers to email their users alternative payment methods.

Days later, the company said it would further ease restrictions on “player” apps – a designation that applies to companies like Spotify and Netflix that distribute media – and allow those apps to connect to. external websites for users to set up and manage accounts. . This update, which will take effect in 2022, followed an investigation by the Japanese Fair Trade Commission.

These changes have received skeptical reception from major developers taking Apple.

“This is a crude demonstration of their monopoly power: to make wayward changes designed to spur good PR to their advantage as legislation, regulatory scrutiny, and developer complaints draw closer to them,” a Match Group spokesperson said in response to Apple’s class action lawsuit. regulation relaxing email rules for developers. “We hope everyone sees this for what it is – a sham.”

Gonzalez Rogers on Friday ordered Apple to change that system, saying the company could no longer ban developers from directing users to external payment mechanisms.

The practical result of the 180-page order will likely be that developers of the Apple App Store are no longer required to use Apple’s built-in payment system to raise funds from iOS users., said Josh Davis, a University of California professor at San Francisco Law School. He added that Apple will have to be careful how it implements the order to avoid being in contempt of court after the injunction goes into effect in 90 days.

“They are not only free to characterize this order as they wish,” he said.

Still, Stanford law professor Mark Lemley said it was possible only a few large, well-known apps can benefit from no longer having to rely on Apple’s in-app payment system.

“For your regular app that I use, I never quit the app, I just use it on the phone,” he said. “But it opens up the possibility for those who can persuade you to go or for whom you are already going. [to another platform] … they can say, ‘Hey, go buy your [Fortnite] downloads or your emoticons via [the Epic Store]. ‘”

Gonzalez Rogers also ruled in Apple’s favor on a counterclaim that Epic was in breach of contract for hijacking Apple’s in-app payment system and ordered the developer to pay damages equivalent to 30% of the $ 12,167,719 in income he received from the Fornite iOS app between August and October 2020, plus 30% of the income generated by the app from November 2020 to the date of judgment, and interest.

Meanwhile, pressure on Apple continues to build, with the company still facing antitrust scrutiny from the US House and Senate, as well as UK and US regulators. Europe.

South Korea has already taken one of the toughest measures against Apple’s payment restrictions in apps, passing a law in early September obliging Apple and Google to offer alternative payment systems to their users in the country. .

Gonzalez Rogers’ decision that Apple did not violate federal antitrust law could increase pressure on U.S. lawmakers to push forward bills that would reform antitrust laws for tech giants.

“I imagine that opinion could add to the momentum behind these bills,” said Davis of the UCSF, “to the extent that I could imagine lawmakers saying,“ Wait, we all know Apple has market power. These technical details of antitrust doctrine are a bit of an obstacle. We need to reform the law.

Friday’s decision is expected to be appealed, and the case could drag on for months or even years.

Update: This article and title have been updated to better clarify how Apple has been ordered to relax restrictions on developers.

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Portfolio entries to increase foreign exchange reserves and the Indian rupee in the coming week Sat, 04 Sep 2021 07:55:14 +0000

Healthy portfolio as well as general FDI [foreign direct investment] capital inflows are expected to further increase India’s foreign exchange reserves and the rupee over the coming week.
Image Credit: Pixabay

Mumbai: healthy portfolio as well as general FDI [foreign direct investment] capital inflows are expected to further increase India’s foreign exchange reserves in the coming weeks.

As a result, portfolio equity is attracted to India with the prospect of a faster economic recovery.

Recently, issuance of green bonds and AT1 [also called perpetual bonds, carry no maturity date but have a call option] by Indian businesses and banking sector as well as FDI inflows in general have led to a healthy accumulation of foreign exchange reserves

Rising foreign exchange reserves are expected to keep the rupee strong against the dollar over the coming week, reflecting the declining exchange rate of the rupee against the UAE dirham.

“A healthy portfolio as well as non-portfolio inflows can lead to a further increase in reserves,” said Madhavi Arora, chief economist at Emkay Global Financial Services.

“The reason is optimism about India’s accelerated economic recovery and no signs of slowing down in the United States. This trend is expected to continue.

As a result, Indian stock markets attracted over Rs 60 billion in just a few sessions last week.

The influx led to a stronger rupee as well as booming stock indices.

“India’s foreign exchange reserves have an adequate cushion to manage currency volatility that may arise from a possible decline in bond purchases by developed economies over the next year,” Suman said. Chowdhury, analytical director of Acuite Ratings & Research.

“In addition, reserves could remain stable and increase further thanks to the continued flows of bonds and FDI in general.”

Last week, an exponential increase in India’s “Special Drawing Rights” allocation helped build up over $ 16.663 billion in India’s foreign exchange reserves during the week ended. August 27.

In financial jargon, SDRs are international reserve assets that are created by the International Monetary Fund (IMF) and are periodically allocated to its members in proportion to their quotas.

Balances in SDRs are equivalent to liquid balances in convertible currencies in almost all respects.

Reserve Bank of India (RBI) foreign exchange reserves rose to $ 633.558 billion, from $ 616.895 billion for the week ended August 20.

Earlier, the RBI said the IMF allocated SDR 12.57 billion, which is equivalent to around $ 17.86 billion at the last exchange rate to India on August 23, 2021.

“India’s total holdings of SDRs now stand at SDR 13.66 billion (equivalent to about $ 19.41 billion at the latest exchange rate) as of August 23, 2021.”

According to the RBI Weekly Statistical Supplement, India’s foreign exchange reserves include foreign exchange assets (FCA), gold reserves, special drawing rights (SDRs) and the country’s reserve position with the Fund. international monetary policy (IMF).

However, on a weekly basis, the FCAs, the largest component of foreign exchange reserves, declined slightly from $ 1.409 billion to $ 571.600 billion.

On the other hand, the value of the country’s gold reserves increased by $ 192 million to reach $ 37.441 billion.

Likewise, the value of the SDR has increased. It increased by $ 17.866 billion to reach $ 19.407 billion.

In addition, the country’s reserve position with the IMF increased by $ 14 million to $ 5.110 billion.

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