As a global exchange, it serves a lot of countries across the globe.
We wanted to start an exchange that would operate on the same level of sophistication
as the global exchanges of traditional finance: powerful enough to trade large volumes, protected by bank - level security, powered by state - of - the - art technology, and most importantly, regulatorily compliant and trustworthy.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of
global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals
as a result of
global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency
exchange rates; 9) the success and timely execution of key milestones such
as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such
as U.S. export control laws and U.S. and foreign anti-bribery laws such
as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such
as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers,
as well
as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco
as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current
exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Bank of America declined to comment,
as did representatives for stock
exchange operators Bats Global Markets, Nasdaq Inc and New York Stock Exchange parent Intercontinental Exchan
exchange operators Bats
Global Markets, Nasdaq Inc and New York Stock
Exchange parent Intercontinental Exchan
Exchange parent Intercontinental
ExchangeExchange Inc..
According to Scherrer, «It's crucial for a
global company such
as Total to foster quality
exchanges with students from universities around the world.
Mt. Gox subsequently shot from obscurity to dominate
global trade in bitcoin, but
as early
as 2012 employees at the Tokyo - based
exchange challenged Karpeles on issues such
as whether client money was being used to cover costs.
The price of bitcoin, the world's most well - known virtual currency, lost almost one fifth of its value to $ 15,800 this week after peaking
as high
as $ 19,666 on Sunday,
as feverish demand ebbed slightly after the
exchange giant CME Group and its rival Cboe
Global Markets listed bitcoin futures.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency
exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions,
global trade policies and currency
exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to
as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
The ticket marketplace also had an infusion of new leadership with Scott Cutler, former head of
global listings at the New York Stock
Exchange,
as its president.
Small class sizes that allow for personalized learning are a central element of Gustavson's appeal, along with a program that the university describes
as «international at heart» —
global business content is worked into the curriculum and there's a variety of international
exchange possibilities.
The energy sector dipped slightly
as concerns about
global energy demand sent the July crude contract down 50 cents to US$ 93.65 a barrel in electronic trading on the New York Mercantile
Exchange.
Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders
as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall of our products; ongoing uncertainty in
global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters
as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such
as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and
Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.
«
As you have uncertainty about China and the oil market, and about
global recovery, money flows into the U.S.,» Clarida told CNBC's «Worldwide
Exchange» on Wednesday.
Financial regulators on both sides of the Atlantic imposed multibillion - dollar fines on five
global banks Wednesday
as part of investigations into rigging of key foreign
exchange markets.
As a result, the Canada-U.S.
exchange rate tends to appreciate when
global commodity prices rise (Chart 7).
Chinese authorities had been propping up the yuan, contributing to an almost $ 300 billion drop in foreign -
exchange reserves over the last four quarters,
as policy makers sought to deter capital outflows and encourage
global usage of the currency.
As volatile currencies toy with the bottom lines of
global companies, corporate treasurers are paying a lot more attention to foreign
exchange.
Moreover, the ability of US firms to compete in international markets is also affected by external factors such
as exchange rates and the trade measures of other countries, including those determined by international trade agreements and
global trade rules.
Latin American countries with less of a buffer against a
global downturn, such
as Mexico and Brazil, have also been a drag on
exchange traded fund (ETF) flows.
These actions mark Beijing's continued efforts to establish the yuan
as a
global reserve currency and replace the US dollar in the world's commodity
exchanges.
The RTI — calculated by Crypto Facilities — is sourced in the same manner
as the BRR, however, data is sampled from major
exchanges (Bitfinex, Bitstamp, Coinbase, Genesis
Global Trading, itBit, Kraken) every second and aggregated into one giant order book that will serve as an indicator of global supply / demand for the digital cur
Global Trading, itBit, Kraken) every second and aggregated into one giant order book that will serve
as an indicator of
global supply / demand for the digital cur
global supply / demand for the digital currency.
Investors and
exchanges in South Korea were bracing themselves for what was understood
as a potential government - issued ban on cryptocurrency trading; but conflicting reports from different parts of the government are now surfacing, leaving the
global community rocking on its heels.
As both Louis Lau, San Diego — based EM portfolio coordinator and director of the Investments Group at Brandes Investment Partners, and Jay Jacobs, vice president and director of research at
Global X Management, a New York — based provider of emerging - market and frontier - market
exchange - traded funds, point out, inclusion in the influential MSCI Emerging Markets Index is a prerequisite for most such investors.
Ben Bernanke's
global savings glut thesis is another example of the primacy of capital flows, and indeed the decision by East Asian countries to accumulate savings in the form of soaring foreign
exchange reserves, which set off the savings glut, was itself the likely response to the 1997 Asian crisis, which occurred
as a consequence of a sharp reversal of capital flows to the afflicted Asian countries.
As a currency it enjoys
global recognition, is not bound by the FX
exchanges or interest rates of any country and transaction fees are very low.
Canada's
Global Markets Action Plan identifies about 20 countries
as target markets, including China and India (these two markets are Canada's second - and 14th - largest trading
exchange, respectively excluding services and direct investments), and specifically targets the expansion of SME sales to emerging markets.
Because of the way the
global supply of Bitcoins is artificially limited (it grows at a predictable rate until there are 21 million and then stops), Cohen argues that the entire process is designed to enrich early adopters — many of whom seem to spend a lot of time obsessively checking the value of their Bitcoins on
exchanges such
as Mt. Gox.
Copper, seen
as a barometer of
global industrial demand, tumbled 2.5 percent, with three - month copper on the London Metal
Exchange also hitting a six - year low of $ 4,920 a tonne.
The Canadian economy continues to work its way back from the post-crisis
global recession and the associated collapse in our exports while, at the same time, is adjusting to lower prices for oil and other commodities
as well
as a much lower
exchange rate.
As noted by Bloomberg, the Winklevoss» twins plans are not only significant for the Gemini
Exchange but for its Bitcoin futures partner Cboe
Global Markets Inc..
The Sapphire Coin will be released
as a new crypto - currency token for
global use and published into several selected digital
exchanges.
Though,
as a free floating currency, the guaraní is still fully convertible and can be traded for US dollars and other currencies on the
global foreign
exchange market.
Exchange - traded funds moved past $ 4 trillion in
global assets in 2017
as investors were drawn by low fees.
Crypto Switch acts
as a bridge between various technologies used in Forex and cryptocurrency industries by allowing brokers access to a number of
global cryptocurrency
exchanges and liquidity providers.
As a function of this dynamic, we are seeing large movements in foreign
exchange and
global currencies, again creating tangible long - versus - short trading opportunities for relative value strategies.
The GBX — GSX ecosystem plans to host a complete range of ancillary services from banking and payments to company formation and asset management
as well
as facilitate dual / multiple listings on a
global network of stock
exchanges.
The old saying «no news is good news» rang true once again today on the London stock
exchange as UK stocks once again advanced on the back of investors beliefs that central banks, on a
global scale, More...
«The support and expertise of a
global exchange leader will be invaluable
as the Centre strives to harness the momentum of the impact investing agenda to tackle Canada's social and environmental problems in new and innovative ways.»
This document is being distributed by the following Allianz
Global Investors companies: Allianz
Global Investors U.S. LLC, an investment adviser registered with the U.S. Securities and
Exchange Commission; Allianz
Global Investors GmbH, an investment company in Germany, authorized by the German Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin); Allianz
Global Investors Asia Pacific Ltd., licensed by the Hong Kong Securities and Futures Commission; Allianz
Global Investors Singapore Ltd., regulated by the Monetary Authority of Singapore [Company Registration No. 199907169Z; Allianz
Global Investors Japan Co., Ltd., registered in Japan
as a Financial Instruments Business Operator [Registered No.
Gold
as a medium of
exchange became only possible between
global central banks.
This is hypothesized to happen for many different reasons, including a decline in the competitiveness of other economic sectors (caused by appreciation of the real
exchange rate
as resource revenues enter an economy, a phenomenon known
as Dutch disease), volatility of revenues from the natural resource sector due to exposure to
global commodity market swings, government mismanagement of resources, or weak, ineffectual, unstable or corrupt institutions (possibly due to the easily diverted actual or anticipated revenue stream from extractive activities).
Foreign
exchange bankers expect FX volumes to exhibit strong growth in 2014,
as international trading activity prospers and
global economic conditions improve.
As we have elaborated in our other review on this broker, OptionBit is owned
Global View International Services Ltd incorporated in Saint Vincent, which was a licensed Cyprus Investment Firm («CIF») under the regulatory authority of the Cyprus Securities and
Exchange Commission («CySEC»).
Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such
as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such
as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged
as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the
global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency
exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Com
exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and
Exchange Com
Exchange Commission.
Using
global industrial production growth
as specified, annual total returns for 30 country, two regional and world stock indexes, currency spot and one - year forward
exchange rates relative to the U.S. dollar, spot prices on 19 commodities, total annual returns for a
global government bond index and a U.S. corporate bond index, and country inflation rates
as available during 1970 through 2013, they find that: Keep Reading
As the inter-relationship of the global financial markets becomes more complex, the Firm has participated in several initiatives involving both foreign public issuers also seeking listing on U.S. exchanges and markets, as well as U.S. issuers exploring foreign listings, including on the AIM Market of the London Stock Exchange, the Toronto Stock Exchange and Euronext Amsterda
As the inter-relationship of the
global financial markets becomes more complex, the Firm has participated in several initiatives involving both foreign public issuers also seeking listing on U.S.
exchanges and markets,
as well as U.S. issuers exploring foreign listings, including on the AIM Market of the London Stock Exchange, the Toronto Stock Exchange and Euronext Amsterda
as well
as U.S. issuers exploring foreign listings, including on the AIM Market of the London Stock Exchange, the Toronto Stock Exchange and Euronext Amsterda
as U.S. issuers exploring foreign listings, including on the AIM Market of the London Stock
Exchange, the Toronto Stock
Exchange and Euronext Amsterdam.
Global demand for Bitcoins is influenced by such factors
as the growth of retail merchants» and commercial businesses» acceptance of Bitcoins
as payment, the security of online Bitcoin
Exchanges and digital wallets that hold Bitcoins, the perception that the use of Bitcoins is safe and secure, and the lack of regulatory restrictions on their use.
I am fascinated by the
global cities and crossroads of history, where people
exchanged goods, customs, and ideas, and produced brilliant hybrid cultures
as a result (Constantinople and Manila come to mind, or the many cultures along the Silk Road).
The
exchange rate of the Swiss franc to other currencies has forced the World Communion of Reformed Churches (WCRC) to move its
global headquarters, which has a staff of seven, to Germany from the city known
as «the Protestant Rome» when Calvin ruled it
as a strict theocracy.
«There are a number of factors affecting farm gate prices such
as global demand for milk,
exchange rates and rising input costs.»