Archives
City hedge fund manager convicted of multi-million pound fraud
January 20th, 2015
Serious Fraud Office, an independent government department in UK that investigates and prosecutes serious or complex fraud and corruption, released on a press statement that: A former city hedge fund manager was convicted following the Serious Fraud Office’s investigation ...
Switzerland, Italy Reach Agreement On Tax Treaty
January 20th, 2015
Italy and Switzerland have agreed an amendment to their double tax agreement to enhance tax information exchange provisions. It is hoped that the agreement will be signed before the March 2 deadline set by Italy’s new voluntary disclosure program ...
Alpari Japan K.K. is under Administartion
January 20th, 2015
Japan’s financial Services Agency released today that Alpari Japan is also under Administration following parent company Alpari (UK) Ltd. Japan’s financial Services Agency statement points that, based on both: the current situation of Alpari (UK) Limited, a parent company of ...
B.C. Securities Commission alleges Alberta man defrauded two investors
January 20th, 2015
The Executive Director of the British Columbia Securities Commission has issued a notice of hearing alleging that an Alberta man and a numbered company that he controls defrauded two investors. The notice alleges that Robert James Maddigan, an engineer ...
FXCM Provides Further Details on Financing With Leucadia National Corporation
January 20th, 2015
Further to the announcement that Leucadia is investing $300 million in cash into FXCM, the leading online provider of foreign exchange issued a stattement with further details on the financing. Read also the announcement Leucadia is investing $300 million in cash ...
Admiral Markets update on Trading Instruments
January 20th, 2015
Admiral Markets issued a press release regarding: Currency pairs with the Swiss Franc have been made available for trading, however, the highest leverage on these instruments has been decreased to 1:50 in accordance with the extreme tightening of margin ...
IG Group today announces Interim Results for the six months ended 30 November 2014
January 20th, 2015
IG Group Interim Results six months ended 30 November 2014: Operating and Financial Summary Strong first half results following a very subdued first quarter Net trading revenue(1) up 8% at £197.4 million Profit before tax up(2) 2.8% to £101.4 ...
Former directors of First China financial services group ordered to compensate the company
January 20th, 2015
SFC obtains court orders against current and former directors of First China to compensate the company RMB18.69 million The Court of First Instance has ordered three current and former directors of First China Financial Network Holdings Ltd (First China), ...
Saxo Bank fulfils its regulatory capital requirements
January 20th, 2015
With a press release, Saxo Bank would like to inform that: In light of the recent volatile Swiss Franc currency movements, Saxo Bank and its subsidiaries are well positioned financially to conduct our on-going businesses globally. Saxo Bank A/S ...
DUKASCOPY on the SNB decision
January 20th, 2015
DUKASCOPY released on SNB decision and CHF accounts that: No Trade Cancellations, No Negative Balances Management of Dukascopy Group has decided to take an exceptional decision to cover negative balances on client accounts related to CHF move on SNB ...
