Chinese shares fall another 8% despite more measures
July 8th, 2015
Mainland Chinese shares continued to slide on Wednesday, falling more than 8% on opening. The slump came despite more moves by China’s regulators to try and stabilise the recently volatile market. The Shanghai Composite had recovered some losses by ...
Merger day at Dentons US and McKenna Long
July 2nd, 2015
Continuing the momentum Dentons has created with the introduction of NextLaw Labs, its innovation platform, the combination with 大成, and the addition of new talent worldwide, the Firm today announced that the merger between Dentons US and McKenna Long & ...
Interactive Brokers Group Reports Brokerage Metrics for June 2015
July 2nd, 2015
Interactive Brokers announced Electronic Brokerage Metrics performance for June 2015 that includes Reg.-NMS Execution Statistics Highlights for the month included: 600 thousand Daily Average Revenue Trades (DARTs), 21% higher than prior year and 3% lower than prior month. Ending ...
Another Week, Another Chinese Gold Mine
June 26th, 2015
Though the true amounts are debatable, it’s generally conceded that China is importing a lot of gold. What’s not included in this calculation — but should be — are the deposits its mining companies are acquiring overseas. This gold-in-the-ground ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
HSBC dumps China PMI as Beijing tightens information flows
June 26th, 2015
For those on wanting to understand China there is one economic statistic more closely watched than any other. It’s the Flash Purchasing Managers Index – or PMI – which is released in the last week of every month. The index claims to be ...
CYPRUS: PDMO sells €31m in retail bonds, €182m so far
June 26th, 2015
The Cyprus Ministry of Finance sold 6-year government bonds worth €31 mln in its monthly offer this week, the second highest in the programme that started last year, suggesting that investors were unaffected by the government’s move to lower ...
Bit-X Financial Set to Launch [DIGATRADE™] Cryptocurrency Bitcoin Exchange June 29th
June 24th, 2015
Bit-X Financial Corp. (OTCQB: BITXF), a digital currency bitcoin exchange and internet financial services company, today announced that its new exchange DIGATRADE™ is set to go-live June 29thand will operate under the domain www.digatrade.com. DigaTrade™ will soft-launch on June 26th for exclusive users and ...
Herbert Smith Freehills shuts Abu Dhabi office as firm consolidates Middle East presence
June 18th, 2015
Reduced to just one partner in Abu Dhabi, Herbert Smith Freehills is shutting the office and shifting its five-lawyer team to Dubai just six years after opening. Having launched the office in 2008 amid the sharp crash in the Middle East ...
Advanced Markets Teams with Fortex in Joint Venture
June 15th, 2015
FAM Clearing, LLC to Deliver Prime-of-Prime Service and End-to-End Trading Technologies to FX Market Lacking Access to Bank Prime Services Advanced Markets, a wholesale provider of liquidity, technology, and credit solutions to banks and brokers and Fortex, Inc., a leading ...
