Search Results for: IG Group
Monex Group published Quarterly financial results
January 30th, 2017
The Monex Group, Inc. (TSE 8698, Oki Matsumoto, Representative Executive Officer and CEO) reported the following quarterly financial results of its wholly-owned subsidiary, Monex, Inc. for the 3rd quarter of the fiscal year ending March 31, 2017 prepared in ...
Saxo Bank to cut jobs in the digital age
January 26th, 2017
Announcement comes just days after Davos business leaders warned of the threat to white-collar jobs Saxo Bank, a Danish bank that specialises in online trading, is cutting jobs in a drive to “digitise” and “streamline” its business – just ...
Credit China FinTech Enters into US$30 Million Deal with Bitfury Group
January 26th, 2017
The board of directors (the “Board”) of Credit China Fintech Holdings Limited (“Credit China Fintech” or the “Company”, stock code: 8207) and its subsidiaries (the “Group”) announced today that it has entered into a US$30 million deal with BitFury ...
Investigators turn attention to second forex fraud
January 25th, 2017
As the man behind a Dh50 million foreign exchange scheme that promised to double investors’ money is arrested for a second time, investigators are now turning their attention to a second forex fraud believed to have snared thousands of ...
CLS signs MOU with Chinese think tank
January 24th, 2017
CLS Group (CLS), a leading provider of risk mitigation and operational services for the global foreign exchange (FX) market, has signed a memorandum of understanding (MOU) with the National Institution for Finance and Development (NIFD). The MOU defines close ...
Oil prices rise amid weaker dollar, optimism over market tightening
January 20th, 2017
Crude futures gained traction on Friday, driven by a weaker U.S. dollar and signs of the market tightening after major oil producers agreed to cut output. On the New York Mercantile Exchange, light, sweet crude futures for delivery in ...
CLS Group: the average daily input value submitted to CLS for December was $4.58 trillion
January 19th, 2017
CLS Group Holdings AG has issued an announcement to publish its monthly volumes and values for December 2016. CLS published the below data: Total input volumes1 and values In December 2016: The average daily input volume submitted to CLS, ...
CME Group Clears Daily Record 1 Trillion in Mexican Peso Interest Rate Swaps
January 18th, 2017
CME Group, the world’s leading and most diverse derivatives marketplace, announced today that it cleared a record 1 trillion in Mexican peso (MXN) interest rate swaps in a single day, January 12, 2017, an equivalent of more than $47 ...
7 Major European Banks Form Blockchain Platform ‘Digital Trade Chain’
January 16th, 2017
A group of seven large European banks has signed a memorandum of understanding (MoU) to develop a blockchain-powered cross-border trade finance platform for small and medium-sized companies in Europe. The participating banks are UK-based banking giant HSBC, Dutch institution ...
Eight men earn more than 3.6 billion people: our economics is broken
January 16th, 2017
Today, eight people have the same wealth as the poorest half of the world’s population. Stop and think about this. It is a mind-boggling concept. Last year we said we would have needed a double-decker bus to transport the ...
