Search Results for: OTC
Gold in 2016
January 8th, 2016
Advance signs of a global slump in economic activity emerged in 2015. Furthermore, the dollar’s strength, coupled with widening credit spreads confirms a global tendency for dollar-denominated debt to contract. These developments typically precede an economic and financial crisis ...
BGC Partners Updates Its Outlook for the Fourth Quarter of 2015
January 4th, 2016
GFI Groups’ Results Will Be Consolidated with Those of BGC BGC Partners announced that it has updated its outlook for the quarter ending December 31, 2015. The results will include the consolidation of those for BGC’s majority-owned division, GFI Group Inc. (OTC: GFIG) ...
LSEG Pre-Close Trading Update
December 17th, 2015
Unless otherwise stated, the following commentary refers to non-financial KPIs for the eleven months ended 30 November 2015 and, where appropriate, to the corresponding period last year. Good performance across each of the Group businesses In Information Services: – ...
ASIC: IronFX corrects disclosure about Australian regulation and counterparty arrangements
December 17th, 2015
The Australian Securities and Investments Commission has issued an announcement to inform that: Following concerns raised by ASIC, retail OTC derivative issuer, IronFX Global Australia Pty Ltd (IronFX Australia) has taken steps to remove references from an associated website ...
ICE announced acquisition of Trayport from BGC Partners and GFI
December 14th, 2015
Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, announced it has completed its acquisition of Trayport from BGC Partners and GFI for approximately $650 million, comprising approximately 2.5 million ICE common shares. The transaction ...
GAIN Capital Announces Monthly Metrics for November 2015
December 11th, 2015
GAIN Capital Holdings, Inc. (NYSE: GCAP, “GAIN” or “the Company”) today reported certain operating metrics for the month of November 2015. Retail Metrics OTC average daily volume of $10.9 billion, a decrease of 9.1% from October 2015 and 1.1% from November 2014. OTC trading ...
SGX announces successful launch of SGX Bond Pro
December 10th, 2015
Singapore Exchange (SGX) today announced the successful launch of SGX Bond Pro, the first Over-The-Counter (OTC) trading venue dedicated to Asian bonds. SGX Bond Pro has been established under SGX’s subsidiary, SGX Bond Trading (“SGX BT”), a licenced Recognised ...
Euroclear: Tougher rules push collateral management in Asia Pacific
December 8th, 2015
Uncertainty remains over how the Asian markets will implement new rules governing collateral movement in the trading of over-the-counter (OTC) derivatives as they move to trading on exchanges next year. The rules on collateral movement are part of broader ...
Bitcoin Fund Linked to Currency’s Rally
December 7th, 2015
Heavy trading in Bitcoin Investment Trust may have contributed to bitcoin price spike After months at $250, the price of the digital currency bitcoin took flight in early November, peaking above $450 before falling back to $360 more recently. ...
European swap clearing to start in June 2016
December 3rd, 2015
Firms will have to centrally clear certain classes of interest rate swaps starting from 21 June 2016. The clearing obligation in the Europe Union (EU) will enter into force following the publication of the relevant technical standards in the ...
