Search Results for: foreign exchange
China’s stock market is now worth over $10 trillion
June 15th, 2015
$10 trillion! That’s how much money China’s stock market is worth right now. As of the end of May, the Shanghai Stock Exchange had a total market cap of $5.9 trillion while the Shenzhen Stock Exchange clocked in at $4.4 trillion, ...
Currency Traders Stuck in Norway as Volatility Whipsaws Market
June 12th, 2015
Just because a currency is from a Group of 10 nation doesn’t mean it will be easy to sell when markets become volatile. Norway’s krone saw the biggest jump in anticipated price swings of any of its major peers ...
ICE Trade Vault Europe Approved by ESMA as Trade Repository for FX Derivatives
June 5th, 2015
Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, announced today that the European Securities and Markets Authority (ESMA) approved ICE Trade Vault Europe Limited (ICE Trade Vault Europe) to extend its Trade Repository registration ...
New Bundesbank projection: German economy shows an upward trend
June 5th, 2015
The German economy has recovered more quickly than expected from the cyclical lull in the middle of last year and has returned to a growth path that is underpinned by both domestic and foreign demand. “Domestic economic activity is ...
Russia Central Bank Wants to Boost Gold, FX Reserves to $500B in Few Years
June 5th, 2015
The Bank of Russia plans to boost its depleted international reserves to $500 billion to hedge the crisis-struck economy against capital flight and new shocks, the central bank chairwoman said Thursday. Speaking at a banking conference, Elvira Nabiullina said ...
FxPro Group May Hold London IPO as Soon as Next Year, CEO Says
June 4th, 2015
FxPro Group Ltd. may hold an initial public offering in the U.K. as soon as next year as the online currency broker considers making acquisitions and expanding into new markets. The privately held company, which in 2010 canceled an ...
China to Ease Limits on Overseas Investments
May 29th, 2015
Beijing advances goal to make yuan a reserve currency with plan to ease capital controls China’s campaign to turn the tightly controlled yuan into a global currency is crossing a new threshold, as the government plans to make it ...
Libor Case Comes to Trial
May 25th, 2015
U.K. prosecutors to contend Tom Hayes led conspiracy to manipulate rates Is a 35-year-old mathematician the modern face of financial crime? In a trial starting Tuesday in London, British prosecutors will contend that the answer is yes. They are ...
Six Banks Pay $5.8 Billion, Five Plead Guilty to Market Rigging
May 20th, 2015
Six of the world’s biggest banks will pay $5.8 billion and five of them agreed to plead guilty to charges tied to a currency-rigging probe as they seek to wind down almost half a decade of enforcement actions. Citicorp, ...
Russian regulator acting ‘adequately’ as economy stabilizes – IMF
May 20th, 2015
The Central Bank of Russia is taking effective steps to stabilize the national currency and the economic situation as a whole, according to the Deputy Managing Director of the International Monetary Fund (IMF) Min Zhu. “I think the Russian ...
