Archives
APX and IRESS announce connectivity to new trading platform
January 15th, 2015
Asia Pacific Stock Exchange (APX) and IRESS (ASX: IRE) today announced that IRESS will integrate support for the APX market into its well recognised trading platforms. This will provide order management and real time market data support for the ...
JP Morgan Chase profits hit by legal costs
January 15th, 2015
JP Morgan Chase, the US’s largest bank, has reported a 6.6% fall in quarterly profits after being hit by legal costs. The bank paid almost $1bn (£659m) in costs due to a range of investigations into alleged wrongdoing, and ...
India’s central bank cuts key interest rate by quarter point
January 15th, 2015
The Reserve Bank of India cut its key interest rate Thursday by a quarter percentage point in a surprise move that adds impetus to government efforts to revive Asia’s third-biggest economy. The decision to lower the rate to 7.75 ...
The Currency Exchange Selects Quantifi for Counterparty Credit Risk Management for Emerging Market Currencies Derivatives
January 14th, 2015
Quantifi delivers sophisticated analytics for emerging market interest rates and FX derivatives Advanced models generate fast, accurate results Quantifi, a specialist provider of analytics, trading and Risk Management solutions, today announced that The Currency Exchange (TCX) has selected Quantifi ...
Cinnober selected to receive EU funding for disruptive client clearing technology
January 14th, 2015
The European Commission recognizes need for real-time risk margining, multi-asset client clearing solution for the banking sector The European Commission has announced that Cinnober has been chosen to receive financial support to develop a real-time risk margining and multi-asset ...
European Court of Justice – Outright Monetary Transactions (OMTs) case
January 14th, 2015
Comments by Yves Mersch, Member of the Executive Board, on the legal opinion of the Advocate General of the European Court of Justice in the OMT case OMT case “We take note of the European Court of Justice Advocate ...
Earnings Reports 2015: 10 largest U.S. companies
January 14th, 2015
Earnings Reports 2015 The beginning of January marks the start of Q4 earnings season. Among the first ones up this year include an aluminum producer, a tech giant, and a few massive banking firms. Here’s a look at six ...
Reserve Bank of New Zealand – Central Bank of the Year
January 14th, 2015
The Central Bank of the Year award given to the Reserve Bank of New Zealand RBNZ Chair Comments on Central Bank of the Year Award The Central Bank of the Year award given to the Reserve Bank of New ...
Markets mixed as oil slide continues
January 14th, 2015
World markets were mixed on Tuesday as oil continued falling. US stock market started the trading session with a rally but the early gains were reversed by midday and the market ended the session slightly lower, recording triple-digit swings ...
IRS Sets Up FATCA Data Exchange Service
January 14th, 2015
FATCA Data Exchange Service The Internal Revenue Service (IRS) has begun International Data Exchange Service (IDES) enrollment. The platform will enable the secure transmission of client data under the Foreign Account Tax Compliance Act (FATCA). Foreign financial institutions (FFIs) ...
