Search Results for: US authorities
China state media announces confessions in probes into stocks plunge
August 31st, 2015
Chinese state media announced a slew of confessions on Monday following investigations into recent stock market gyrations, including from a detained reporter who admitted to spreading false information that caused “panic and disorder”. An official from China‘s securities regulator ...
RBI on bitcoin: Closely monitoring crowdfunding space, crypto currencies
August 27th, 2015
Reserve Bank Governor Raghuram Rajan today said it is closely monitoring the crowdfunding space to check if it poses any concerns, while it also called for an active “market intelligence” mechanism on crypto currencies. Reserve Bank Governor Raghuram Rajan today said ...
Exchanges, Barclays win dismissal of U.S. high-frequency trading case
August 27th, 2015
Major U.S. stock exchanges and Barclays Plc on Wednesday won the dismissal of nationwide litigation in which pension funds and other investors accused them of rigging markets to benefit high-frequency traders. U.S. District Judge Jesse Furman in Manhattan said ...
Luxembourg’s banks choose Worldline’s ACS solution to secure ecommerce with 3D-Secure
August 26th, 2015
Worldline, , European market leader in payment and transactional services, has been selected by the Luxembourg banking community to provide its Access Control Server solution for 3D-Secure, in cooperation with LuxTrust, a Luxembourg-based certification authority. The 3D-Secure dynamic ...
China probing brokers, regulators for possible stock crimes
August 26th, 2015
Employees of one of China‘s biggest securities firms and one current and one former employee of its market regulator are under investigation on suspicion of illegal stock trading, state media reported Wednesday, amid the collapse of a stock price ...
Nasdaq poised to launch FX trading platform: top executive
August 26th, 2015
Nasdaq (NDAQ.O) is poised to launch a platform for foreign exchange trading which it says would make the $5 trillion-a-day global market more transparent and would diversify its own business, a top executive from the stock market operator said. ...
UAE stocks get off lightly as global rout persists
August 25th, 2015
UAE investors helped local equities escape relatively unscathed yesterday, even as plummeting Chinese stocks and additional pressure on oil prices provoked a further global sell-off of shares. China’s Shanghai Composite plunged 8.4 per cent yesterday, despite a move by ...
Dow plunges after rollercoaster trading on ‘Black Monday’ for global markets
August 25th, 2015
Dow’s 586-point drop puts it on track for its worst month since February 2009 as White House seeks to reassure investors that US economy can withstand volatility Hundreds of billions of dollars were wiped off global stocks on Monday ...
The Fed Talks And The Market Tanks. That’s Different
August 21st, 2015
Normally there’s a distinct pattern to the impact of Federal Reserve statements on the financial markets. The tone of equities trading in particular starts to improve as the moment of the announcement approaches; the words turn out to be ...
IMF Calls For Single VAT Rate In China
August 18th, 2015
The International Monetary Fund has recommended that China introduce a single rate of value-added tax, during recent talks on the rapid progress China is making on fiscal reform. The IMF said China is continuing to make progress on extending ...
