Search Results for: Swiss
Regulation is the number one concern of traders
May 31st, 2017
In April 2017, SIX Swiss Exchange conducted the first edition of its new trader survey. Responses were gathered from 135 traders across Europe. More than half (55%) of them see increased regulation, such as MiFID II, as the biggest ...
Nestle loses legal fight to trademark four-fingered KitKat bars
May 22nd, 2017
Nestle has lost the latest stage of its legal battle with Cadbury to trademark Kit-Kat’s four-finger shape in Britain. The Swiss company has been fighting Mondelez – the US business that has owned Cadbury since a hostile takeover in 2010 – for ...
Global Brokerage, Inc. announces First Quarter 2017 results
May 16th, 2017
First Quarter 2017 Highlights: U.S. GAAP net revenues from continuing operations of $45.9 million U.S. GAAP net loss attributable to Global Brokerage, Inc. from continuing operations of $24.5 million or $3.99 per diluted share. U.S. GAAP net loss from ...
UBS released first quarter 2017 results
April 28th, 2017
The Swiss global financial services company UBS AG has issued today a press release to announce its its results for the first-quarter 2017. According to the announcement, UBS published the below results: Adjusted1 profit before tax CHF 1.9bn, up ...
71 Binary Options and Forex providers added to CFTC RED List
April 26th, 2017
As part of the U.S. Commodity Futures Trading Commission’s (CFTC) ongoing efforts to help protect Americans from fraud, today the CFTC added 71 new names to the RED List. These 71 new additions bring the total number of foreign ...
European markets continue rally after first round of the French election
April 24th, 2017
European markets continue rally after Macron’s victory; French banks soar; CAC up 4% European markets extended gains during mid-afternoon trade on Monday after centrist French presidential candidate, Emmanuel Macron, won the first round of the French election. The pan-European ...
IBM Launches Blockchain Platform for US Oil Trade
April 7th, 2017
Technology giant IBM has developed a blockchain trade finance platform alongside a bank and a commodity trading house to settle deals using the blockchain solution. Singaporean commodities trading house Trafigura and French bank Natixis join IBM in the innovative ...
FINMA informs on reporting requirements and trade repositories
April 6th, 2017
The Swiss Financial Market Supervisory Authority FINMA has issued a press release to inform in relation to trade repositories. FINMA Guidance 02/2017 “Financial Market Infrastructures Act: reporting requirements / trade repositories” of 3 April 2017 provides information about the ...
AMF warns for unauthorised Binary Options providers
March 30th, 2017
The Autorité des marchés financiers (AMF), the independent public authority supervising the orderly operation of markets in France, has issued a warning to inform investors and public about the activity of unauthorized websites offering binary options trading. Below is ...
Two Trends That Will Force The Fed To Start Buying Stocks
March 27th, 2017
While the Japanese and Swiss central banks have turned themselves into hedge funds by loading up on equities, the US Fed has stuck to supporting the stock market indirectly, by buying bonds. It’s worked, obviously, with all major US ...
