Search Results for: New York Stock Exchange
Nasdaq to develop blockchain services in Estonia
November 16th, 2015
Exchange and clearing house operator Nasdaq Inc plans to develop several applications for blockchain, the technology underpinning the digital currency bitcoin, using its Estonian settling and clearing business, a senior Nasdaq executive said on Friday. The blockchain is a ...
Goldman’s BRIC Era Ends as Fund Folds After Years of Losses
November 9th, 2015
BRIC fund loses 21% in five years, leading to investor exodus Acronym-based investment strategy comes under greater scrutiny The BRIC era is coming to an end at Goldman Sachs Group Inc. The bank’s asset-management unit folded its money-losing BRIC ...
Trading Indices: Matters Arising
November 2nd, 2015
Indices are a measure of the performance of a certain set of listed stocks in a stock exchange. In a previous article, we had classified indices and described what they represent. In this piece, we shall consider a ...
Oil Prices Post Largest Gain in Nearly Two Months
October 29th, 2015
Prices rise on new option to send U.S. oil to Mexico and smaller-than-expected stockpile addition The benchmark U.S. oil price soared to its largest gain in two months, as traders rushed to close bearish bets following news that the ...
Oil Speculators Make `Easy’ Bearish Call at 85-Year Supply High
October 27th, 2015
Money managers increase bearish wagers by most since July U.S. crude supplies have gained 5% in past four weeks Hedge funds placed the most bets on falling oil prices since July as rising piles of crude dashed hopes of ...
London Wants to Become the Center of Chinese Currency Trading
October 20th, 2015
PBOC official said to view London as likely renminbi hub Euronext study expects $5 trillion of Chinese investment Three years ago, Chinese officials said U.K. Prime Minister David Cameron had “seriously damaged” relations by meeting with the Dalai Lama, the ...
Gold price breaks out – Oil Prices Tumble. Commodity market remains volatile
October 15th, 2015
The price of gold has definitively broken through what was seen as a key resistance level, setting the precious metal on a path to its first positive year-end finish in three years. Find the OSB Daily Technical Analysis for ...
BofA Profit Rebounds to $4.51 Billion as Revenue Beats Estimates
October 14th, 2015
Revenue declines 2.4 percent while expenses fall 31 percent Bond-trading revenue slides 11 percent, equities up 12 percent Bank of America Corp., the second-biggest U.S. lender, posted third-quarter profit of $4.51 billion as litigation expenses tumbled and loan growth ...
ETFs are the next frontier for liquid alternatives
October 12th, 2015
Mutual funds have been the go-to wrapper for alternative strategies, but that’s changing To investors, State Street Global Advisors might be best known as the firm behind the plainest of plain-vanilla investment products: the SPDR S&P 500 ETF (SPY). The exchange-traded ...
Oil Extends Gains Near $50 a Barrel as OPEC Sees Demand Growth
October 12th, 2015
Non-OPEC crude oil supply due to contract, OPEC chief says Global prices have bottomed, signs of 2016 recovery: Qatar Oil extended gains near $50 a barrel amid speculation an increase in demand will ease a global glut. Futures rose ...
