Search Results for: Swiss franc
IG Group reports Net Trading Revenue up 14% at £456.3 million for the year ended 31 May 2016
July 19th, 2016
IG Group has issued an announcement to report its results for the year ended 31 May 2016. Operating and Financial Summary Strong revenue performance across all geographic regions Net trading revenue(1) up 14% at £456.3 million Operating costs up ...
How one broker weathered the Brexit storm
June 27th, 2016
They knew it was coming. Broker-dealer Interactive Brokers Group Inc. IBKR, -5.50%has been planning for the Brexit vote since February, but, until late Thursday afternoon, the firm thought, like almost everyone else, the U.K. would vote to remain in the European ...
Currency traders would likely dump the pound in the event of a Brexit
June 23rd, 2016
If the U.K. voted to exit the European Union (EU), currency traders would likely dump the pound and send funds into the dollar, FX pros said. The Brexit referendum, which will decide whether the U.K. remains in the 28-member ...
How far UK pound is expected to crash after a Brexit: Goldman Sachs
June 16th, 2016
Brexit could trigger a huge sell-off in the pound, sending the currency down by as much as 11% against a basket of the world’s most important currencies, according to new research from Goldman Sachs released late on Wednesday. Goldman ...
Yen Surges as BOJ Maintains Policy; Asian Stocks Sink With Oil
June 16th, 2016
Fed scaled back rate-hike outlook, saying Brexit a concern Kiwi strengthens on GDP data as gold rallies with silver The yen soared and Japanese stocks tumbled after the nation’s central bank refrained from easing monetary policy. Shares elsewhere in ...
A computerized trading firm beat Banks in the rankings of the world’s biggest spot currency traders
May 26th, 2016
XTX is the first electronic specialist to break into top five Deutsche Bank was the biggest currency trader until 2014 Computerized trading firm XTX Markets Ltd. has come from nowhere to dethrone major banks including Deutsche Bank AG in the ...
Interactive Brokers reported comprehensive earnings per share of $0.60
April 20th, 2016
Interactive Brokers Group, Inc. (NASDAQ GS: IBKR) an automated global electronic broker and market maker, today reported diluted earnings per share on a comprehensive basis of $0.60 for the quarter ended March 31, 2016, compared to diluted earnings per ...
Plus500 published today the Trading update for the three months ended 31 March 2016
April 18th, 2016
Plus500, has issued today an announcement to inform in relation to its trading update for the three months ended 31 March 2016. Overview Record quarterly revenues of $85.2m and record number of Active Customers 68,000 Continued market share growth in our ...
Banks told to declare links to Panama Papers law firm by next week
April 8th, 2016
Banks and financial firms have been told to hand over any information about their dealings with the law firm at the centre of the Panama Papers to the UK’s Financial Conduct Authority by a week on Friday. The City regulator had ...
Credit Suisse faces tough questions after $1 billion write-downs
April 5th, 2016
On Jan. 19, Credit Suisse (CSGN.S) Chief Executive Tidjane Thiam contacted the head of the Swiss bank’s markets business asking for more details about the fourth-quarter results at the trading division, according to materials seen by Reuters. Two-and-a-half months ...