Search Results for: Markets
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. ...
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: ...
FINRA Orders RBC to Pay Fine
April 24th, 2015
FINRA has issued a press release to inform that: It has ordered RBC Capital Markets to pay a $1 million fine and approximately $434,000 in restitution to customers for supervisory failures resulting in sales of unsuitable reverse convertibles. Brad ...
Bullion Capital Announces Liquidity Deal With Finemetal Asia
April 24th, 2015
The world’s leading electronic exchange for allocated physical precious metals, Bullion Capital, has announced a new partnership agreement with specialist liquidity provider, Finemetal Asia. The collaboration with Finemetal Asia is a significant step in Bullion Capital’s rapid global expansion ...
Deutsche Bank fined £227 million by FCA
April 23rd, 2015
The Financial Conduct Authority (FCA) has handed Deutsche Bank AG (Deutsche Bank) a £227 million ($340 million) fine, its largest ever for LIBOR and EURIBOR-related (collectively known as IBOR) misconduct. The fine is so large because Deutsche Bank also ...
ESMA consults on draft guidelines specifying criteria for the assessment of knowledge and competence in MiFID II
April 23rd, 2015
The European Securities and Markets Authority launched today a consultation on draft guidelines specifying criteria for the assessment of knowledge and competence of natural persons in investment firms that provide investment advice or information about financial instruments, investment services ...
CFTC Staff Issue No Action Letters Providing Relief in Connection with Erroneous Swap Trades and Swap Trade Confirmations
April 23rd, 2015
The U.S. Commodity Futures Trading Commission’s (Commission) Division of Market Oversight (DMO) and the Division of Clearing and Risk (together, the Divisions) issued a no-action letter providing time-limited relief to swap execution facilities (SEFs) and designated contract markets (DCMs) ...
MarketAxess Reports First Quarter 2015 Record Revenues
April 23rd, 2015
MarketAxess Reports First Quarter 2015 Record Revenues of $76.8 Million, Record Pre-Tax Income of $38.5 Million and Record Diluted EPS of $0.65 First Quarter Financial Highlights* Record revenues of $76.8 million, up 21.1% Record pre-tax income of $38.5 million, ...
Dollar regains footing, Kiwi falls on RBNZ comments
April 23rd, 2015
Dollar broadly firm, US housing data beats expectations Euro hurt by concerns over Greece BOE minutes less dovish than expected, wrong footing markets Swiss franc under renewed pressure The U.S. dollar held firm on Thursday after strong U.S. housing ...
