Search Results for: IG Group
Greece’s turbulent year
September 21st, 2015
Greece’s Alexis Tsipras has said his left-wing Syriza party has a “clear mandate” after winning a second general election in less than nine months. But he said Greeks faced a difficult road and recovery from financial crisis would only ...
Juncker Criticizes ‘Unjust’ EU Rules on Corporate Taxation
September 21st, 2015
Jean Claude Juncker has told Members of the European Parliament (MEPs) that the current rules on corporate taxation are “unfit for purpose and unjust.” The President of the European Commission made the remark during a joint meeting of the ...
Bitcoin Is Officially a Commodity, According to U.S. Regulator
September 18th, 2015
The Commodity Futures Trading Commission makes its mark. Virtual money is officially a commodity, just like crude oil or wheat. So says the Commodity Futures Trading Commission (CFTC), which on Thursday announced it had filed and settled charges against a Bitcoin exchange for ...
UK Forex Awards Winners
September 18th, 2015
The 2015 UK Forex Awards event was hosted at The Crypt, St Etheldreda’s Church, London, on Wednesday 16th September 2015. The winners of the 16 categories are: – Best Forex Introducing Broker Scheme City Credit Capital – Best Value ...
CFTC imposed monetary penalty on trading scheme involving contracts traded on NYMEX
September 18th, 2015
The U.S. Commodity Futures Trading Commission (CFTC) issued an Order filing and simultaneously settling charges against Robert M. McMahon of Mt. Pocono, Pennsylvania, for engaging in a deceptive trading scheme involving Henry Hub Natural Gas Futures (NG) contracts, traded on the New ...
Citic Securities Placed on S&P Credit Watch List After Probe
September 17th, 2015
S&P places firm on credit watch with negative implications Citic said Tuesday three staff members under investigation Standard & Poor’s placed China’s largest brokerage Citic Securities Co. on a credit watch list days after the firm said some employees including its ...
Fired Currency Traders Won’t Leave Quietly
September 16th, 2015
Six lawsuits filed in London by FX traders emerged last month Banks also faced employee suits after Libor scandal lay-offs As banks try to clean up trading floors beset by benchmark-rigging scandals, not all fired workers are leaving quietly. ...
Swiss Lawmakers to Vote on New Rules for UBS, Credit Suisse
September 16th, 2015
Banks may have to hold larger capital buffers, separate investment banking from other operations Swiss lawmakers may deliver a sharp reminder to the country’s biggest banks, UBS Group AG and Credit Suisse Group AG, that they remain under close scrutiny at ...
FINRA Sanctions 10 Former Global Arena Representatives
September 16th, 2015
The Financial Industry Regulatory Authority (FINRA) announced that as a result of a 2014 onsite exam, it found securities violations including various misleading sales pitches, customer account churning and other business misconduct at Global Arena Capital Corp. It has ...
Blockchain expert Tim Swanson talks about R3 partnership of Goldman Sachs, JP Morgan, UBS, Barclays et al
September 16th, 2015
Nine of the world’s biggest banks from both sides of the Atlantic and Asia Pacific have agreed to join a partnership to divine a set of common standards and practices towards constructing a shared digital ledger system for financial ...
