Search Results for: OTC
Fun with Fake Statistics: The 5% “Increase” in Median Household Income Is Pure Illusion
September 20th, 2016
The truth is the rich are getting richer and everyone else is losing ground as inflation chews through stagnant incomes. Supporters of the status quo nearly wet their pants with joy when the Census Bureau reported that real (adjusted ...
CFTC Orders JSC VTB Bank and VTB Capital PLC Jointly to Pay a $5 Million Civil Monetary Penalty
September 20th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against banking institutions JSC VTB Bank (VTB), headquartered in St. Petersburg, Russia, and VTB Capital PLC (VTB Capital) for executing fictitious and noncompetitive block trades in Russian ...
Asian Shares Shed Early Gains
September 13th, 2016
Asian shares shed some of their early gains by midday Tuesday as sentiment regarding the course of U.S. interest-rate policy continues to play heavily on market direction. Fears of a rate increase, which have built in recent days, eased ...
GAIN Capital Announces Monthly Metrics for August 2016
September 12th, 2016
GAIN Capital Holdings, Inc. (NYSE: GCAP) (“GAIN” or “the Company”) today reported certain operating metrics for the month of August 2016. Retail Segment Metrics OTC average daily volume1 of $8.3 billion, a decrease of 17.6% from July 2016 and 54.9% from August 2015. OTC trading ...
ICAP plc appoints Seth Johnson CEO of EBS BrokerTec
September 9th, 2016
ICAP plc has issued a press release to announce that Seth Johnson, currently Head of Strategy at ICAP’s Global Broking division, has been appointed CEO of EBS BrokerTec. Seth takes over from Gil Mandelzis who, as announced on 21 July 2016, ...
SGX securites turnover falls 27% in August
September 7th, 2016
Securities Total Securities market turnover value fell 2% month on month and fell 27% year on year to S$20.6 billion, during 22 trading days compared to 20 in July 2016 and 19 in August 2015. Securities daily average value ...
LCH receives regulatory approvals in Hong Kong
September 1st, 2016
Hong Kong Securities and Futures Commission grants LCH designated CCP status and authorisation as an Automated Trading Services provider Enables firms subject to Hong Kong clearing mandate to comply by clearing at LCH Confirms LCH’s ongoing commitment to Asia ...
Facebook Plan For WhatsApp Data Poses Legal Risks
August 29th, 2016
When WhatsApp announced on Thursday that it would start sharing data with its corporate parent, Facebook, some of its fans howled that the popular messaging service was betraying long-held promises to protect their privacy. But for the companies, angry users ...
Digital transformations drive a blockbuster second quarter for global technology M&A
August 24th, 2016
Q2 2016 holds all-time record for deals valued at or above $US1b Q2 2016 ranks third in highest value ever for global technology M&A Global tech dealmaking is on track to break 2015’s record pace by Q3 2016 With ...
Certain financial derivatives such as binary options, CFDs with leverage will be restricted by FSMA
August 16th, 2016
The Financial Services and Markets Authority (FSMA) of Belgium has issued an announcement to inform that the authority establishes a framework for the distribution of OTC Derivatives (Binary options, CFDs, etc.). According to FSMA’s announcement, the distribution of certain ...
