Tag Archives: British
He was first diagnosed with bowel cancer in 2014, according to CNN, and a year later announced publicly that the cancer was terminal. Three weeks ago, he announced on Reddit that he was retiring from the critic side of his business, writing, “I’m retiring as a critic to spend whats left of my life sharing my love of gaming with my wife and all of you via co-op videos and streams.”
Bain’s wife, Gemma Bain, announced the YouTuber’s death on Twitter, saying, “Rest in Peace my Dearest Love John @Totalbiscuit Bain July 8, 1984 – May 24, 2018,” along with the poem “Love Constant Beyond Death” by Francisco de Quevedo.
Bain had over 2 million subscribers on his TotalBiscuit YouTube channel. Fans also left messages of support on Twitter and on his Reddit post announcing that he would no longer do game reviews.
LONDON (Reuters) – Some firms using computers to trade at ultra-fast speeds are not applying safeguards required to avert market meltdowns, Britain’s Financial Conduct Authority (FCA) said on Monday.
Algorithmic or high-frequency trading uses computers to automatically place an order in financial markets, without human intervention, and represents sizeable volume on stock markets.
The FCA reviewed algorithmic trading, which some critics have blamed for sharp price moves, at about a dozen firms and found some were failing to properly apply mandatory safeguards.
Sterling’s “flash crash” in Asian trading in October 2016 for instance was blamed by some on algorithmic trading, but a central bank report later concluded there was no single perpetrator.
“Firms should consider and act on (the review‘s) content in the context of good practice for their business,” Megan Butler, the FCA’s director of wholesale supervision, said.
Some firms were unable to show that their systems are tested and operating properly, a requirement since January under the European Union’s MiFID II securities law.
“Additionally, firms need to do more work to identify and reduce potential conduct risks created by their algorithmic trading strategies,” the FCA said in a report.
The FCA did not propose new rules but will “proactively” supervise and monitor algorithmic trading, adding that firms need to consider the combined impact multiple strategies may have on the fair and effective operation of financial markets.
The FIA European Principal Traders Association (EPTA) said the FCA review was done before MiFID II came into force, adding that as members trade their own money, they have a strong focus on risk management.
The FCA said last year it would not take enforcement action straight away as long as firms were making efforts to comply with MiFID. Neil Robson, a lawyer at Katten Muchin Rosenman, said Monday’s statement suggested regulatory forbearance may be short lived.
In a related move on Monday, the Bank of England published a consultation paper on what it expects from firms it authorizes regarding the management of risks from algorithmic trading.
“It applies to all algorithmic trading activities of a firm, including in respect of unregulated financial instruments such as spot foreign exchange,” the BoE’s Prudential Regulation Authority said in a statement.
FIA EPTA Secretary General Piebe Teeboom said it was important that all players in algorithmic trading are subject to the same requirements and high levels of market conduct.
All firms should name a senior person who is responsible for algorithmic trading, and branches of foreign banks in Britain will have to show they are properly managing risks.
The PRA guidance will come into effect in June and the regulator will publish a discussion paper on operational resilience in algorithmic trading later this year.
Additional reporting by Maiya Keidan; Editing by Alexander Smith and David Holmes
(Reuters) – British shipping services provider Clarkson Plc said it was subject to a cyber security incident and warned that the person or persons behind the incident may release some data on Wednesday.
“As soon as it was discovered, Clarkson took immediate steps to respond to and manage the incident,” the company said.
“Our initial investigations have shown the unauthorized access was gained via a single and isolated user account which has now been disabled,” Clarkson said.
The London-headquartered company said it had been working with the police on the incident.
Reporting by Rahul B in Bengaluru; Editing by Maju Samuel
Album art from Pink Floyd, Blur and David Bowie also included.
By James Montgomery
<P>On Thursday (January 7), the U.K.’s Royal Mail unveiled a series of 10 new stamps, honoring the most iconic album covers of the past 40 years. </P><P> </P><P>The albums featured in the new series are the <a href=”/music/artist/rolling_stones/artist.jhtml”>Rolling Stones</a>’ <i>Let It Bleed,</i> <a href=”/music/artist/led_zeppelin/artist.jhtml”>Led Zeppelin</a>’s <i>IV,</i> <a href=”/music/artist/bowie_david/artist.jhtml”>David Bowie</a>’s <i>The Rise and Fall of Ziggy Stardust and the Spiders From Mars,</i> <a href=”/music/artist/mike_oldfield/artist.jhtml”>Mike Oldfield</a>’s <i>Tubular Bells,</i> <a href=”/music/artist/clash/artist.jhtml”>The Clash</a>’s <i>London Calling,</i> <a href=”/music/artist/new_order/artist.jhtml”>New Order</a>’s <i>Power, Corruption and Lies,</i> <a href=”/music/artist/primal_scream/artist.jhtml”>Primal Scream</a>’s <i>Screamadelica,</i> <a href=”/music/artist/pink_floyd/artist.jhtml”>Pink Floyd</a>’s <i>The Division Bell,</i> <a href=”/music/artist/blur/artist.jhtml”>Blur</a>’s <i>Parklife</i> and — the most recent album on to make the cut — <a href=”/music/artist/coldplay/artist.jhtml”>Coldplay</a>’s <i>A Rush of Blood to the Head.</i> </P><P> </P><P>Meant to honor “the most potent graphic images of modern times, many of which have provided a visual soundtrack to people’s lives,” the series is the end result of a lengthy research process by the Royal Mail, who looked through thousands of album covers by British artists before deciding on the final list. And, during a Wednesday night BBC Radio broadcast, it was revealed that the queen herself actually approved each design. </P><P> </P><P>Led Zeppelin guitarist Jimmy Page — who helped design the cover for <i>IV</i> — was on hand to celebrate the release of the stamps and recalled the mysterious nature of the album’s iconic imagery. </P><P> </P><P>”Almost 40 years after the album came out, nobody knows the old man who featured on the cover, nor the artist who painted him,” he said. “That sort of sums up what we wanted to achieve with the album cover, which has remained both anonymous and enigmatic at the same time.” </P><P> </P><P>Of course, any great honor is befitting of an equally great contest, so, on the same day the stamps were made available to the general public, Coldplay decided to give one of their <i>Rush of Blood</i> stamps away. In a message on their official site, the band held a contest to send one lucky fan “a letter using a Coldplay stamp, postmarked with today’s issue date.” </P><P> </P><P>”We visited our local post office earlier today and bought some of the Coldplay stamps,” the message read. “Very nice they are too.”</p>
- Coldplay Perform Free Show At London’s Carling Academy Brixton
- Led Zeppelin
- Pink Floyd
- David Bowie
“As cloud computing becomes more widely adopted, public sector organisations with considerable data protection responsibilities understandably …
British Airways’ Dreamliner fleet has just received a first-class facelift.