Search Results for: foreign exchange
SEC Adopts Rules to Increase Transparency in Security-Based Swap Market
January 15th, 2015
The Securities and Exchange Commission today adopted two new sets of rules that will require security-based swap data repositories (SDRs) to register with the SEC and prescribe reporting and public dissemination requirements for security-based swap transaction data. The SEC ...
Chinese Companies, Investors Move Money Back Home
January 15th, 2015
Shares of Chinese companies are soaring at home but stumbling overseas, and one reason is fast-trading Chinese investors. That is leading some companies and investors to shift money back home after riding a rally in Chinese stocks in the ...
Deutsche Bank Sued by TPV Founder Over $32 Million Loss
January 14th, 2015
Deutsche Bank AG was sued in Singapore by Stanley Pan Fang-Jen, a co-founder of Hong Kong-based TPV Technology Ltd. (903), over a $32 million trading loss due to alleged false representations. The bank denied wrongdoing. The bank advised the ...
HSBC, RBS Expected to Cut Bonuses After FX Fines
January 12th, 2015
HSBC Holdings Plc and Royal Bank of Scotland Group Plc are expected to reduce bonus pools after deducting part of the fines paid for foreign-exchange manipulation, the Financial Times reported. Bonus pools at banks including Deutsche Bank AG (DBK) and Barclays Plc (BARC) were also ...
Swiss National Bank expects annual profit of CHF 38 billion
January 9th, 2015
Large annual profit allows for supplementary distribution According to provisional calculations, the Swiss National Bank (SNB) will report a profit in the order of CHF 38 billion for the 2014 financial year. The profit on foreign currencypositions amounted to ...
Yen Weakens for Second Day as Stocks, Oil Rally; Aussie Advances
January 8th, 2015
The yen fell for a second day against the dollar as stocks rose around the world before U.S. reports this week that economists said will show an improving labor market. Japan’s currency also weakened versus all of its 16 ...
Euro Falls as Consumer Prices Drop Most Since 2009; Real Gains
January 7th, 2015
The euro dropped for a fourth day versus the dollar, the longest skid in two months, as consumer prices in the region fell more than economists predicted to strengthen the case for asset purchases by the European Central Bank. ...
Fidessa’s Smart Order Routing selected by Okasan Securities
January 5th, 2015
Fidessa group plc (LSE: FDSA) announced today that Okasan Securities has selected Fidessa’s SOR (Smart Order Routing) system to enable PTS (Proprietary Trading System) trading as of early 2015. Okasan Securities is already a client of Fidessa for both ...
When do markets close on New Year’s Eve?
December 31st, 2014
Virtually all major markets around the world will be shut on New Year’s Day, but U.S. stock traders can forget about popping any early afternoon corks on New Year’s Eve. Both the New York Stock Exchange and Nasdaq will ...
5 Worst Performing Markets of 2014
December 29th, 2014
These indices have been hit hard by headwinds over the past 12 months, resulting in losses for investors. What does the future hold for these five indices? MSCI Russia Russian corporates this has been a terrible year, though it ...
