Archives
Dollar Gauge 0.1% From Five-Year High After Fed as Won Slides
December 18th, 2014
A gauge of the dollar was 0.1 percent from a five-year high amid speculation the Federal Reserve will raise interest rates next year after removing a pledge to keep them low for a “considerable time.” The U.S. currency matched ...
Numerix announced next generation Unified Risk Platform for Front Office Trading and Enterprise Risk
December 17th, 2014
Numerix (www.numerix.com) anounced the immediate availability of Numerix XVA, a single platform for enterprise level risk management and front office risk calculations, including pre-trade XVA pricing and profitability measures. As a full stack enterprise solution of real-time counterparty credit ...
A Full-Blown Economic Crisis Has Erupted In Russia
December 17th, 2014
The 8th largest economy on the entire planet is in a state of turmoil right now. The shocking collapse of the price of oil has hit a lot of countries really hard, but very few nations are as dependent ...
Accounting fraud
December 17th, 2014
Global Economic Crime Survey 2014 Financial statements are a fundamental barometer of a business — and a traditional starting point for analyses relating to credit decisions, contract awards, and capital raising in public markets. They are the bedrock of ...
Company not registered with the CFTC as a Retail Foreign Exchange Dealer ordered to pay over $2.5 Million in Monetary Sanctions
December 17th, 2014
The U.S. Commodity Futures Trading Commission (CFTC) today announced that the Honorable Ronnie L. White of the U.S. District Court for the Eastern District of Missouri entered a Consent Order for permanent injunction against Defendants Daniel K. Steele and ...
Fed issued final rule to ensure the treatment of over-the-counter (OTC) derivatives, eligible margin loans, and repo-style transactions
December 17th, 2014
The Board of Governors of the Federal Reserve System and Office of the Comptroller of the Currency today issued an interim final rule to ensure that the treatment of over-the-counter (OTC) derivatives, eligible margin loans, and repo-style transactions under ...
Investor sentiment in Germany rose sharply in December
December 17th, 2014
Investor sentiment in Germany rose sharply in December, spiking 23.4 points to 34.9 in December, according to an investor confidence index. It is the highest level since May 2014. The Centre for European Economic Research (ZEW – Zentrum für ...
NYSE plans to slash costs for retail investors
December 17th, 2014
The new owners of the New York Stock Exchange are planning to slash costs for some orders coming from retail investors in a bid to bring more trading back from “dark pools” and other off-exchange venues, according to a ...
ACCA Report
December 17th, 2014
The way in which companies report the risks they face needs to improve and move away from being too bland, too generic, too wordy and too biased on the positive, says a new report from ACCA (the Association of ...
Russian Finance Ministry Starts Selling Foreign Currency in Bid to Strengthen Ruble
December 17th, 2014
The Russian ruble strengthened sharply on Wednesday in volatile trade after the Finance Ministry said it had started selling foreign currency from its leftover stock. The Russian currency has come under heavy selling pressure this week, forcing the Central ...
