Here’s a case where an overseas exchange is offering an ‘escrow service’ that virtually matches a local buyer and seller in an offshore marketplace though the payment is settled here in INR.
Nasdaq rises 1%, Dow, S&P close higher as weak jobs data tempers rate hike bets
U.S. stocks finished higher following a weaker-than-expected jobs report which eased rate hike expectations. Nonfarm payrolls rose by only 29,000, significantly below economists’ forecasts of