Search Results for: IG Group
Liquidnet Launches Global Suite of Next Gen Algos
August 20th, 2015
Liquidnet, the global institutional trading network, announced the launch of its Next Gen Algo suite, designed to enhance the trading performance of its asset manager Member community around the world with precision tools built to address the complexities of ...
Derivatives markets see oil prices to stay low for years to come
August 20th, 2015
Oil prices will stay low for years to come, derivatives markets say, keeping a lid on inflation and helping boost global growth. Oil has more than halved in value over the last year, thanks to huge oversupply, and many ...
CFTC Orders Swap Dealer to Pay $200,000
August 20th, 2015
CFTC Orders Swap Dealer INTL FCStone Markets, LLC to Pay a $200,000 Civil Monetary Penalty for Failure to Supervise Swaps Trading in Violation of CFTC Regulation 23.602 The U.S. Commodity Futures Trading Commission (CFTC) filed and simultaneously settled charges ...
Citi Announces Sale of Alternative Investor Services Business
August 19th, 2015
Citigroup announced that it has reached a definitive agreement to sell its Alternative Investor Services business, which comprises Hedge Fund Services and Private Equity Fund Services, to SS&C Technologies Holdings, Inc. The entire operations of this business, including approximately 1,500 ...
Fidessa announced the appointment of new CFO
August 18th, 2015
Fidessa group plc (“Fidessa”) announced the appointment of Andy Skelton as Chief Financial Officer with effect from 26th October 2015. Andy Skelton will replace Andy Malpass who, as announced in February 2014, will be retiring. Andy Malpass will step down as Chief ...
Optimal Payments complete the acquisition of Skrill
August 18th, 2015
Optimal Payments Plc (LSE AIM: OPAY) has issued a press release to inform that has completed the acquisition of Skrill. The Skrill Group is one of Europe’s leading digital payments businesses providing digital wallet solutions and online payment processing ...
Is Cryptocurrency bitcoin facing a civil war?
August 18th, 2015
Bitcoin’s forked: chief scientist launches alternative proposal for the currency The bitcoin wars have begun, as Bitcoin XT squares off against the classic flavour of the cryptocurrency Cryptocurrency bitcoin is facing civil war, with two high-profile developers announcing plans ...
Gold price rises to $1,117.80 an ounce
August 18th, 2015
Analysts attribute increase to Chinese yuan devaluation The global prices of gold moved higher on Monday, causing retail prices in the UAE to edge slightly higher by less than a dirham per gram. Retail gold rate in Dubai went ...
Saudi money market turmoil shows bank jitters over bond issues
August 17th, 2015
Longer-term money rates, dollar/riyal forwards surge Banks easily absorb last week’s sovereign bond issue Multi-year issuance programme could be different Official secrecy around bond plans adds to jitters Some see eventual pressure on FX peg, but CDS show no ...
SIX opens FinTech Incubator “F10”
August 17th, 2015
FinTech Incubator “F10” is the innovation center of SIX. It is home to small interdisciplinary teams who develop promising ideas and evaluate their potential for the financial industry. In collaboration with FinTech start-ups, the team, based at Förrlibuckstrasse 10, is setting ...
