Search Results for: Trading
Nasdaq to settle Facebook IPO lawsuit for $26.5 million
April 27th, 2015
In a first for a U.S. stock exchange, Nasdaq OMX Group on Thursday agreed to pay $26.5 million (17.60 million pounds) to settle a class-action lawsuit involving its bungling of Facebook Inc’s $16 billion initial public offering, the plaintiffs’ lawyers said. ...
Dubai Financial Market profit plunges 69 per cent over oil worries
April 27th, 2015
The Dubai Financial Market, the UAE’s biggest stock exchange, said its first quarter profit slid 69 per cent as investor concerns over oil prices dampened trading volumes. The DFM, which makes most of its money on trading commissions, said net ...
Central Banks Will Be Busy This Week, But Their Ability To Boost Global Business Is In Doubt
April 27th, 2015
Most big central banks have been easing policy since the beginning of the year and are set to do more, but it still isn’t clear whether that new activism, which has pushed stock markets to record highs, will help ...
Deutsche Bank reports first quarter 2015 net income of EUR 559 million
April 27th, 2015
Group results Income before income taxes (IBIT) of EUR 1.5 billion, a decrease of 12% from 1Q2014 Core Bank IBIT, which excludes the Non-Core Operations Unit (NCOU), of EUR 1.9 billion, down EUR 360 million from the prior year ...
Dollar on defensive after more weak U.S. economic data
April 27th, 2015
The dollar started the week on the defensive on Monday after more disappointing U.S. economic data reinforced expectations the U.S. Federal Reserve will not hike interest rates any time soon, while concerns about Greece‘s debt talks pressured the euro. ...
Ruble is enjoying demand thanks to monthly tax payments
April 24th, 2015
The ruble made new gains on Thursday, supported by impending monthly tax payments that require the conversion of export earnings, and ignoring expectations the central bank will soon cut interest rates. “The Russian currency is enjoying demand thanks to ...
ADS Securities London cuts FTSE-100 spreads
April 24th, 2015
ADS Securities London Limited, the UK’s new dynamic FX, CFD and spread betting provider, has announced that spreads on its UK100 (FTSE-100) contracts have been cut to just 0.5 pips. James Watson, Managing Director of ADS Securities London, commented: ...
Compagnie Financière Tradition reported Q1 revenue
April 24th, 2015
Compagnie Financière Tradition has issued a press release to inform about Q1 results. Compagnie Financière Tradition reported first-quarter consolidated revenue of CHF 227.3m compared with CHF 221.6m in same period in 2014, an increase of 2.5% at current exchange ...
Covestor To Be Acquired by Interactive Brokers
April 24th, 2015
Online investing pioneer joins with electronic broker to expand products and services globally Covestor, an online investing marketplace, and Interactive Brokers Group, Inc. the largest US electronic broker by daily average revenue trades, announced that they have entered into ...
Chinese lawmakers protect retail investors
April 24th, 2015
Chinese lawmakers called for better protection for retail investors in the stock market while discussing an amendment to the Securities Law on Wednesday. The Standing Committee of the National People’s Congress (NPC) is weighing a revision requiring a more ...
