Search Results for: commodity
FXCM Issues Statement on CFTC Complaint
August 22nd, 2016
FXCM has issued a statement in relation to the complaint filed by CFTC on August 19, 2016. Below is the FXCM’s statement as it was published on August 19, 2016: FXCM Inc. (NYSE:FXCM) (or the “Company”), today issued a statement ...
CFTC charges Forex broker FXCM with Undercapitalization
August 19th, 2016
The CFTC Complaint, filed on August 18, 2016, alleges that FXCM, as an RFED in the business of offering or engaging in retail off-exchange foreign currency transactions, was required to maintain adjusted net capital of approximately $25 million on ...
CFTC charges TradeMasters and its owner for fraud
August 18th, 2016
CFTC Alleges Schacke and his Company TradeMasters Fraudulently Solicited at Least $155,626 from at Least 36 Investors Federal Court Issues Restraining Order Protecting Defendants’ Books and Records and Granting the CFTC Access to Such Records The U.S. Commodity Futures ...
Dollar Weakens on Fed Outlook as Emerging-Market Shares Advance
August 18th, 2016
Yen breaks 100 after Fed minutes as jobs data boosts Aussie Mongolia’s tugrik stabilizes after interest rate hiked to 15% Emerging-market shares rallied with European stock index futures and the dollar fell versus all of its major peers after minutes ...
UK competition watchdog sets out provisional concerns about ICE/Trayport merger
August 17th, 2016
The Competition and Markets Authority (CMA) has provisionally found that ICE’s acquisition of Trayport may give rise to competition concerns. Intercontinental Exchange, Inc. (ICE) is the largest operator of exchanges and clearinghouses in the trading of European utilities. It ...
Oil price heads for $50 after Russia stokes output-deal rumour
August 16th, 2016
Energy minister Alexander Novak pumps up hopes ahead of production talks next month Oil has enjoyed its best three-session gain for four months and the benchmark that sets prices in the North Sea is moving towards $50 a barrel ...
How Long Can this Gold Rally Last?
August 16th, 2016
While gold prices are poised to climb to a 29-month high there are growing reasons to be cautious The Rio Olympics isn’t the only event that’s put gold on the map, but the reality is that the yellow metal ...
Certain financial derivatives such as binary options, CFDs with leverage will be restricted by FSMA
August 16th, 2016
The Financial Services and Markets Authority (FSMA) of Belgium has issued an announcement to inform that the authority establishes a framework for the distribution of OTC Derivatives (Binary options, CFDs, etc.). According to FSMA’s announcement, the distribution of certain ...
Japan stocks drop as oil prices slip
August 16th, 2016
Shares in Asia were mixed on Tuesday, with record gains in the U.S. market overnight offset by a dip in oil prices and a firmer yen. The Nikkei Stock Average NIK, -1.62% was down 1.1% in early morning trade, after flip-flopping ...
Why Say’s law is always true
August 12th, 2016
One of my regular readers has raised the important subject of Say’s law, the denial of which both Keynesian and modern monetarists are emphatic. They need this fundamental axiom to be untrue to justify state stimulation of aggregate demand. ...
