Search Results for: Brokers
China Calls On Brokers to Help Stabilize Market
August 10th, 2015
Regulator warns margin trading must be kept in line with the capital strength, risk-management capabilities of firms China’s securities regulator said Friday that it has called on the nation’s securities brokers and fund managers to help stabilize the stock ...
Quantitative Brokers and InfoReach Partner to Deliver Relative Value Trading for Futures
August 6th, 2015
Quantitative Brokers (“QB”), a world leading provider of clearer and dealerneutral agency algorithms for fixed income and futures markets, has partnered with InfoReach, an independent provider of multi-broker, cross-asset, electronic trading technology. InfoReach has integrated QB’s full suite of ...
Share trading accounts at some Australia’s largest brokers have been hacked
August 5th, 2015
Russian hackers have been detected trying to rip cash from online share trading accounts at some of Australia’s biggest brokers, including Morgan Stanley and Commsec. A joint operation by the corporate watchdog ASIC and the Australian Federal Police, dubbed ...
Interactive Brokers Group Reports Brokerage Metrics for July 2015, includes Reg.- NMS Execution Statistics
August 4th, 2015
Interactive Brokers Group, Inc. (NASDAQ GS: IBKR) an automated global electronic broker and market maker, today reported its Electronic Brokerage monthly performance metrics for July. Highlights for the month included: 652 thousand Daily Average Revenue Trades (DARTs), 23% higher ...
Morgan Stanley brokers say they were underpaid
August 4th, 2015
Several Morgan Stanley financial advisers say they were underpaid thousands of dollars by the bank, which rebuilt its business on the back of the wealth management division where they work, insiders say. Morgan Stanley said the problems were “one-off ...
Brokers hit the ground running on FATCA compliance
August 3rd, 2015
Training and planning have helped insurance brokers meet new tax reporting regulations for 2015, and compliance is moving into the “another part of doing business” phase. Initial reporting under the Foreign Account Tax Compliance Act, meant to help combat ...
Cetera closing J.P. Turner, offering some brokers jobs at Summit
July 31st, 2015
CEO Larry Roth claims move is not part of any widespread consolidation Cetera Financial Group is closing down one of its broker-dealers, J.P. Turner & Co., and inviting select advisers to join another of its firms. Over the past ...
‘Brokers are educators, not salespeople’
July 23rd, 2015
The Customer Owned Banking Association’s controversial comments about brokers have ignited a debate of a different kind. Michael Teterin, managing director of Sydney brokerage Prosperity Finance, said brokers need to portray themselves as “educators to their clients, not salespeople” in order ...
Interactive Brokers reports $0.44 Earnings Per Share on comprehensive basis compared to $0.29 for the same period in 2014
July 22nd, 2015
Interactive Brokers Group has issued an announcement to inform for 2Q2015 Results The company reports: Comprehensive Earnings per Share of $0.44 Income Before Taxes of $240 Million on $387 Million in Net Revenues Earnings Per Share on Net Income ...
U.S. Labor Department fiduciary rule to cost brokers $5.8bln -SIFMA
July 21st, 2015
A proposal by the Department of Labor to rein in conflicts by brokers who offer retirement advice may cost U.S. securities firms more than $5.8 billion, making it harder for Americans to build nest eggs, the Securities Industry and ...
