Search Results for: traders
Commodities Trader Found Guilty in ‘Spoofing’ Case
November 4th, 2015
Michael Coscia faces up to 25 years in prison with sentencing scheduled for March A Chicago jury found a New Jersey-based commodities trader guilty of 12 counts of fraud and manipulating the futures market on Tuesday in a major ...
Amazon and eBay ‘liable’ if they ignore VAT fraud
November 2nd, 2015
Amazon and eBay could be liable for billions of pounds in unpaid VAT if they fail to properly investigate traders using their sites to escape sales tax, the BBC has learned. The online marketplaces could be legally required to ...
Trading Indices: Matters Arising
November 2nd, 2015
Indices are a measure of the performance of a certain set of listed stocks in a stock exchange. In a previous article, we had classified indices and described what they represent. In this piece, we shall consider a ...
FXPRIMUS announces the appointment of Marshall Gittler as Head of Investment Research
November 2nd, 2015
FXPRIMUS has announced the appointment of renowned financial analyst Marshall Gittler, as the new Head of Investment Research. As part of this new appointment, he will be utilizing the most cutting edge media, web and print channels to disseminate his own unique ...
Morgan Stanley to face insider trading charges
November 2nd, 2015
The lawsuit is being brought by a Russian billionaire and it stems from the financial crisis. In a trial starting on Monday, Morgan Stanley will confront a Russian billionaire’s claims that it illegally short-sold a company based on inside ...
Bitcoin blunders its way to an ASX listing
November 2nd, 2015
ASX hopeful Bitcoin Group has delayed its listing after running into trouble with the corporate watchdog over claims Prime Minister Malcolm Turnbull is a shareholder and “misstatements” about the company’s profitability. Bitcoin, which counts former St Kilda president and former NewSat director ...
Gold near 2-week low as Fed puts December rate hike in play
October 29th, 2015
Gold ticked up on Thursday but stayed near its lowest level in two weeks after the Federal Reserve hinted at a possible U.S. rate hike in December, bolstering the dollar and reducing the appeal of non-interest-paying bullion. Spot gold ...
Oil Prices Post Largest Gain in Nearly Two Months
October 29th, 2015
Prices rise on new option to send U.S. oil to Mexico and smaller-than-expected stockpile addition The benchmark U.S. oil price soared to its largest gain in two months, as traders rushed to close bearish bets following news that the ...
Windsor Brokers Ltd Announces New EXPROCURITY Motto
October 27th, 2015
Investment firm Windsor Brokers Ltd. focuses on the three main strengths that have made it one of the top investment firms worldwide. Windsor Brokers has recently launched its own brand new motto called ‘Exprocurity’ – an acronym which stands ...
Euronext launches AtomX
October 27th, 2015
New service to complement existing offering and capture bespoke derivatives business that would otherwise have been conducted OTC Euronext launched AtomX, a flexible service that offers the efficiency and security of the regulated market and central clearing to bilaterally negotiated ...