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Moody’s downgrades three major Russian Financial Institutions

January 20th, 2015 (0)
Moody’s Investors Service has on Monday 19, 2015  downgrades three major Russian Financial Institutions namely Sberbank, Agency for Housing Mortgage Lending OJSC and Vnesheconombank. These actions follow the weakening of Russia’s credit profile, as reflected by Moody’s downgrade of Russia’s ...

Richest Russians Repatriate Assets After Putin Turns Tax Screw

January 20th, 2015 (0)
President Vladimir Putin is pushing harder on Russia’s richest citizens to repatriate offshore assets amid a slump in the ruble and the imposition of sanctions by the U.S. and the European Union. Under new tax rules signed into law ...

Alpari (UK) Ltd is under administration

January 19th, 2015 (0)
Upon the application of the directors of Alpari (UK) Ltd, on Monday 19 January 2015, the High Court appointed Richard Heis, Samantha Bewick and Mark Firmin of KPMG LLP as joint special administrators of Alpari (UK) Ltd, under the ...

IG Group Interim results due on Tuesday 20 January

January 19th, 2015 (0)
IG Group has issued a press release regarding release its results for the first half of FY15: IG Group will release its results for the first half of FY15 at 7am (London time), Tuesday 20 January. This will be ...

IAASB Issues Final Standards to Improve Auditor’s Report

January 19th, 2015 (0)
New and Revised Standards Establish ‘Step Change’ in Auditor Reporting The International Auditing and Assurance Standards Board® (IAASB®) today released its new and revised Auditor Reporting standards, designed to significantly enhance auditor’s reports for investors and other users of ...

LMAX Exchange announces partnership with Z.com Trade

January 19th, 2015 (0)
The UK’s fastest growing technology firm, LMAX Exchange, an FCA regulated MTF for FX trading, is pleased to announce its partnership with GMO-Z.com Trade UK Limited (“Z.com Trade”), a member of the Japan-headquartered GMO CLICK Holdings Inc. group of ...

Markets closed as US celebrate Martin Luther King Day

January 19th, 2015 (0)
Friday was marked by growing quotes on international stock markets. The Michigan consumer sentiment index in January outstripped forecasts and suddenly reached 98.2 points, renewing its 11-year maximum. All the other American macro-economic data also appeared to be positive. ...

AVA Trade on Swiss National Bank decision

January 19th, 2015 (0)
AvaTrade released today that the decision of Swiss National Bank on Thursday, has no impact on its business operations. Source: AvaTrade 

Bundesbank successfully continues relocate gold

January 19th, 2015 (0)
The Bundesbank successfully continued and further stepped up its transfers of gold last year. In 2014, 120 tonnes of gold were transferred to Frankfurt am Main from storage locations abroad: 35 tonnes from Paris and 85 tonnes from New ...

FXTM announced Normal Trading Resumes in fully Tradable Mode Again

January 19th, 2015 (0)
After switched trading on CHF-based instruments to “Close-only” mode, FXTM announced today Normal Trading Resumes with CHF-based Instruments in Fully Tradable Mode Again. Markets are gradually stabilizing in the aftermath of last week’s surprise events, which shocked the global ...
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