Search Results for: UBS AG
US Dollar Predicted to Turn Higher
January 31st, 2017
The Dollar has struggled through the course of 2017 as the solid run higher noted in late 2016 fades. There are a number of cause being attributed for the weakness; yet as we note in this piece consensus is ...
Euro area reports up in household income per capita
January 30th, 2017
In the euro area, in real terms, household income per capita increased by 0.2% in the third quarter of 2016, after an increase of also 0.2% in the previous quarter. Household real consumption per capita increased by 0.3% in ...
Monex Group published Quarterly financial results
January 30th, 2017
The Monex Group, Inc. (TSE 8698, Oki Matsumoto, Representative Executive Officer and CEO) reported the following quarterly financial results of its wholly-owned subsidiary, Monex, Inc. for the 3rd quarter of the fiscal year ending March 31, 2017 prepared in ...
Lawyers are being replaced by machines that read
January 27th, 2017
Lawyers are the professionals everyone loves to loathe. Jokes about attorneys abound, and Shakespeare’s line from Henry VI remains a cultural favorite: ”The first thing we do, let’s kill all the lawyers.” Soon, that dream may come true, and ...
Arab National Bank to open derivatives trading unit
January 26th, 2017
The Saudi Arabian Monetary Authority has given its approval for Arab National Bank to establish a Special Purpose Vehicle for its financial derivatives activities. The bank will establish a 100 per cent fully-owned subsidiary located in the Cayman Islands, ...
Interactive Brokers Japan fined JPY 20 million
January 26th, 2017
Japan Exchange Regulation (hereinafter “JPX-R”) has inspected Interactive Brokers Securities Japan,Inc. (hereinafter “the Company”) and deemed that there was insufficient trading management to prevent acceptance of orders, etc., which could potentially result in the creation of manipulative quotations. Tokyo ...
Massive Demand for UK Gilts Spurs GBP/USD Higher
January 25th, 2017
The Pound to Dollar exchange rate trades at 1.2571 and is the best-performing currency in the G10 space. The Pound to Euro exchange rate trades at 1.1693 with an attempt at 1.17 already having been made today. Gains are ...
Harvard Business Review: Blockchain Is Foundational, Not Disruptive
January 25th, 2017
True blockchain-led transformation is still many years away, according to an article, “The Truth About Blockchain” in the Harvard Business Review, because it does not deliver a truly “disruptive” business model which can attack an existing model with a lower ...
UK Government loses Brexit court case – so what happens now?
January 25th, 2017
The British Supreme Court has ruled that the government does not have the right to trigger Article 50, formally beginning the Brexit process, without an act of parliament. The court voted eight to three against the government, following an ...
Morgan Stanley, Citigroup Charged With Misleading Investors About Forex Trading Program
January 25th, 2017
The Securities and Exchange Commission today announced that Morgan Stanley Smith Barney and Citigroup Global Markets have agreed to pay more than $2.96 million apiece to settle charges that they made false and misleading statements about a foreign exchange ...
