****ASF Breaking News****

[pixel]

Or maybe we are all supposed to use Face thingy these days.

That's one thingy I won't do. I won't have my face in any book, and as DonTrump proves over and over again: Tweeting is for Twits.

 

[Tisme]

Even though I think the ABC is the best of our news organisations I'm fairly pi$$ed with them too.

Months ago I wrote to them via their official website form and requesting an answer as to why they no longer have reader comments on their own line stories like The Guardian and SMH etc.

I'm yet to receive a reply. It may come in time, but for now it's a demonstration of the contempt with which they treat their readers. Or maybe we are all supposed to use Face thingy these days.

Remember how they started to censure our topics and posts back before even the Abbott govt curbed their freedom to report unpalatable LNP facts? Remember how indignant we were on all battling sides of the war?

I use Twitter to attack and tease them and the faces on the telly do bite and bite hard LOL

 

[SirRumpole]

Remember how they started to censure our topics and posts back before even the Abbott govt curbed their freedom to report unpalatable LNP facts? Remember how indignant we were on all battling sides of the war?

Ah yes, those were the days. I miss my jousts with rob1966, and Tezzles of course. We had a good community there before the bureaucracy stuffed it up.

 

[Jason Rogers]

http://www.cftc.gov/PressRoom/PressReleases/pr7528-17

Fxcm banned from trading in the US!

I was talking with a friend about this just today (having read minwa's post in one of the forex threads on this issue a day or two ago). My friend and I were in agreement that the penalty was far too lenient. 77 million in ill gotten gains and they only have to pay a paltry 7 million fine and accept deregistration! Why aren't those two FTSErs in gaol?

Hi Everyone,

While I can't comment on the NFA or CFTC complaint specifically due to the nature of our settlement, I can say that we have settled with the NFA and CFTC without admitting or denying any of their allegations or claims. I can also say that Effex Capital is no longer pricing FXCM's NDD forex price feed. It's worth noting that FXCM would not have suffered more than $200 millon dollars in losses during the SNB flash crash had it been taking the other side of client trades – unlike so many of the DD firms in the industry.

Part of our settlement with the NFA and CFTC was to close our US subsidiary, but there will be no changes for clients outside of the US.

Since FXCM US has not been a contributor to overall profits for the firm over the past few years, FXCM will target significant cost cutting by closing the US entity. Specifically, withdrawing from this business will free approximately $52 million in capital. We will use the proceeds from any sale of the US accounts, as well as the large amount of regulatory capital currently tied up, to reduce the balance of our loan from Leucadia.

With the reduction of this loan balance, along with sales of non-core assets that were previously announced, FXCM could be in a position to fully pay off the Leucadia loan before the end of this year. With this exit, FXCM will be in a better position to service our international customers and focus on our profitable subsidiaries including FXCM Australia.

Our full financials can be found here and we will announce our Q4 and full year 2016 financials in the next few weeks.

I can also discuss with you FXCM's execution practices outside of the US. FXCM uses 16 liquidity providers to create a best bid best offer price stream for clients. LPs selected to price retail clients are forced to adhere to an extremely high standard of execution beyond just price – including consistently low rejection rates, low latency, minimum quote sizes and high fill ratios even during market events.

We have made our execution study public in the UK which can be viewed here and is a transparent comparison of FXCM's actual execution vs top tier futures brokers and the interbank market.

 

[noco]

Bill Leak died today of a heart attack.

 

[Tisme]

Bill Leak died today of a heart attack.

That's a big loss.

I wonder if 18c got him in the end

 

[dutchie]

Bill Leak died today of a heart attack.

RIP Bill Leak.

One of my favourite cartoonists.

(Hounded by Gillian Triggs and The Human Rights Commission)

 

[Tink]

RIP Bill Leak

A champion for freedom of speech.

Thank you for your cartoons, I posted a few on here.

Political Correctness -- the poison in our society.

 

[noco]

Here is Andrew Bolts tribute to Bill Leak.

is Andre

 

[bellenuit]

Some common sense at last

EU workplace headscarf ban is legal, says ECJ

http://www.bbc.com/news/world-europ...ng&ns_source=twitter&ns_linkname=news_central

 

[Logique]

Belle seems quite the creative writer. I hope she doesn't become a Fairfax blogger.

http://www.news.com.au/lifestyle/re...n/news-story/187169614b483a5cede9f3380837e4d6
DISGRACED wellness blogger Belle Gibson is back at it, crediting a new fad diet with healing mouth cavities and shrinking her tonsils by 30 per cent.
Gibson, who faked terminal brain cancer to sell recipe books and health apps, has been spruiking the Master Fast Diet on Facebook, the Herald Sun reports.
Among several questionable claims, she told followers that since starting the natural eating plan her eyes had changed colour, she had passed a “huge rope worm” and she would “never get a filling again”.
Gibson is due in court this morning to face judgment over her for false claims she made about curing her terminal brain cancer by eating healthy foods...

 

[SirRumpole]

Reknowned sporting commentator Bruce Mcaveney has revealed he has leukemia which could curtail his commentating career.

All the best to Bruce, he certainly is a fixture in the AFL and tennis seasons.

 

[Tisme]

London Bombings

ISIS or Sinn Fein ?

 

[DB008]

 

[wayneL]

What are we looking at DB008?

 

[DB008]

What are we looking at DB008?

Driver of the car in London overnight. I think he was 1 of the 4 that died.

Looks Amish, or a white male to me... ;-)

 

[Tisme]

Terrorists better hope they don't wake up a sleeping Lion...... the poms have pedigree and precedence when it comes to putting in the good fight and winning.

 

[SirRumpole]

Terrorists better hope they don't wake up a sleeping Lion...... the poms have pedigree and precedence when it comes to putting in the good fight and winning.

Too many Muslims in Britain now to win the fight. The mayor of London is one FFS, what hope have they got ?

 

[Tisme]

Too many Muslims in Britain now to win the fight. The mayor of London is one FFS, what hope have they got ?

Kray brothers still around?

 

[SirRumpole]

Kray brothers still around?

'fraid not. James Bond is their only hope.