Search Results for: Global Markets
KCG agrees to acquire the independent agency broker and execution specialist Neonet
July 28th, 2016
KCG Holdings, Inc. (NYSE: KCG) (“KCG”) announced that it has entered into a definitive agreement to acquire Neonet Securities AB (“Neonet”), an independent agency broker and execution specialist based in Stockholm, Sweden from its shareholders, Hay Tor Capital, KAS ...
ACCA reports increase in reach and influence as membership grows
July 28th, 2016
Leading professional body strengthens global reach and influence through innovation and new partnerships • Membership and student growth tops 5% worldwide as a result of strong membership admissions • Reflects the growing prominence of the industry within economies and ...
Tullett Prebon’s tpMESSENGER service selects CME Pivot Instant Messaging Platform
July 26th, 2016
Tullett Prebon, one of the world’s leading interdealer brokers, today announced its tpMESSENGER service has selected CME Group’s CME Pivot Instant Messaging platform to power its solution and support open communication for commodities and financial markets. tpMESSENGER will provide ...
Nikkei sells off on fresh yen strength; rest of Asia trades mixed
July 26th, 2016
Japanese stocks sold off in a mostly positive Asian session on Tuesday, dragged by fresh strength in the yen after a local media report suggested the government’s highly anticipated stimulus package may not live up to expectations. Other Asian ...
UHY: Major European economies levy among the highest property purchase taxes in the world
July 26th, 2016
European economies levy some of the highest property purchase taxes in the world on prime real estate, charging on average 4%, or USD 38,356, in tax on a property purchase of USD 1 million, reveals a new study by ...
Cyprus based investment firms and CySec’s work highlighted on ESMA’s warning for speculative products
July 26th, 2016
The European Securities and Markets Authority (ESMA) has issued a warning about the sale of contracts for differences (CFDs), binary options and other speculative products to retail investors who are unaware of the risks associated with these products, and ...
Weaker dollar lifts oil prices, but mood remains bearish
July 26th, 2016
Oil prices rebounded from over three-month lows on Tuesday, lifted by a drop in the dollar, but concerns of ongoing oversupply weighed on markets and many traders are raising their bets on further price falls. International Brent crude oil ...
Precious Metals Slide on Stronger Dollar Before Fed as Yen Drops
July 25th, 2016
Ringgit falls sixth day to lead Asian currency declines Turkish stocks climb after steepest weekly drop since 2008 The dollar’s strength weighed on precious metals as investors looked toward central bank meetings this week in the U.S. and Japan. European ...
Oil futures up slightly, face weekly decline as glut fears persist
July 22nd, 2016
Crude oil futures eased on Friday, extending big falls in the previous session as investors reassessed U.S. data underlining the glut in petroleum, while Iraqi crude exports are also on the rise. The global oversupply of oil has been ...
Asian Stocks Drop as BOJ Rejecting Helicopter Money Supports Yen
July 22nd, 2016
Oil below $45 a barrel as gold retreats with copper, nickel Ringgit sinks as 1MDB scandal in focus; yuan strengthens Asian stocks fell with European equity index futures as commodities sank to levels last seen in May. Malaysia’s ringgit ...
