Search Results for: dollar
Highlights of CLS Annual Report
April 22nd, 2015
CLS, a company that operates the largest multicurrency cash settlement system to mitigate settlement risk for the FX transactions of its Members and their customers, has issued a press release to inform that: Following their Annual General Meeting and shareholder ...
Grexit: Remaining In The Eurozone Is No Longer ‘The Base Case’ For Greece
April 22nd, 2015
According to the Wall Street Journal, Greece staying in the eurozone is no longer “the base case” for European officials, and one even told the Journal that “literally nothing has been achieved” in negotiations with the new Greek government ...
RMB currency of choice for multinational deals
April 22nd, 2015
A report produced by Allen & Overy has found that more than half of multinationals use the renminbi for transactions outside China. This week’s release of the Generation ¥ – RMB: the new global currency by A&O reveals that ...
Interactive brokers announced 1Q2015 Results
April 22nd, 2015
Interactive brokers, with a press release on April 21, announced Group results for the Quarter ended March 31. Comprehensive Earnings Per Share of ($0.24) Loss Before Taxes of $111 Million on $172 Million in Net Revenues and Earnings Per ...
Customers of Alpari (UK) Limited can now claim compensation
April 21st, 2015
The Financial Services Compensation Scheme (FSCS) can confirm that all investment products offered by Alpari (UK) Limited (Alpari) are FSCS protected. Claimants that have lost money due to the failure of Alpari will be able to apply for compensation ...
China, Japan stocks up as Beijing steps up stimulus
April 20th, 2015
Stock markets in China and Japan rose on Monday after Beijing’s latest stimulus to shore up the world’s second-largest economy underpinned sentiment and helped limit losses across the rest of Asia. China’s central bank on Sunday cut the amount ...
SEC Charges New York-Based Financial Advisor With Stealing $20 Million From Customers
April 17th, 2015
The Securities and Exchange Commission today announced fraud charges against a New York City-based financial advisor accused of stealing at least $20 million from customers to fund his own brokerage accounts and then squandering the bulk of the money ...
Saudi bourse to open to foreign investors from June 15
April 17th, 2015
Saudi Arabia‘s market regulator said on Thursday that the opening of the kingdom’s stock exchange to direct foreign investors will take place on June 15. The Capital Markets Authority said in a statement that it will publish the final ...
Ernst & Young settles with N.Y. for $10 million over Lehman auditing
April 16th, 2015
Ernst & Young LLP will pay $10 million to settle a New York lawsuit accusing the accounting firm of helping Lehman Brothers Holdings Inc deceive investors in the years leading up to its 2008 collapse, the New York attorney ...
Virtu IPO Tests Perceptions of High-Speed Trading
April 16th, 2015
High-frequency trading firm prices shares at $19, high end of projected range When Virtu Financial Inc., starts trading Thursday, its performance will be a test of how markets view a firm that has been at the center of controversy ...
