Search Results for: Markets
Asia shares swing higher as China nears seven year high
March 30th, 2015
Asian stock markets rose on Monday, with China stocks nearing a seven-year peak on hopes for more infrastructure spending and policy stimulus, while oil prices suffered further from excess supply. Activity was guarded most elsewhere in a week book-ended with holidays ...
We’re All Hedge Funds Now, Part 2: Tech Startups and Nigerian Bonds
March 27th, 2015
Watching formerly risk-averse investors adapt to a negative interest rate world is almost as much fun as watching Europe try to keep Greece and Germany in the same financial family. In each case, success depends on all the parties ...
Oil price ‘could fall to $30’ say trading experts
March 27th, 2015
Oil prices continued their downward spiral Friday, falling more than $1, after a short-lived rally of around 5 percent the previous day, as concerns of a disruption to supplies in the Middle East appeared to ease. Against this backdrop, ...
Goldman Overtakes JPMorgan in Commodities After Mercuria Sale
March 27th, 2015
Goldman Sachs Group Inc. earned back its place as the largest bank by commodities revenue after JPMorgan Chase & Co. sold its physical raw-materials business. JPMorgan, which made the most money from commodities among the top 10 investment banks ...
Abu Dhabi’s FGB completes stake sale in brokerage
March 27th, 2015
First Gulf Bank, the second largest lender by market capitalisation in the UAE, has said a deal to sell its 45 percent stake in brokerage First Gulf Financial Services to an Abu Dhabi investment company has been completed. FGB, ...
Kuwait opens door for foreign operator to own part of stock market
March 27th, 2015
The Kuwait Stock Exchange may offer up to 44 percent of its shares to a company that has experience in operating bourses when it goes public, a senior government official told Reuters on Thursday. Such a move, which still ...
Asian stocks mixed as Mideast worries linger, oil eases
March 27th, 2015
Asian stocks were mixed on Friday and the dollar rebounded as rising tensions in the Middle East clouded the investment outlook. Spreadbetters expected Britain’s FTSE .FTSE, Germany’s DAX .GDAXI and France’s CAC.FCHI to tip toe higher while the markets awaited fresh cues from ...
CySec fines WGM Services Ltd
March 26th, 2015
The Cyprus Securities and Exchange Commission (‘CySEC’) has imposed an administrative fine of €10.000 to a Cypriot Investment Firm (CIF), WGM Services Ltd for violation of the article 26(5) of the Law 144(I)-2007 which provides for the provision of ...
Derivatives under MiFID II: Time for equal access
March 26th, 2015
Verena Ross, Executive Director of ESMA, recently delivered a keynote speech to the ABA/Law Society Capital Markets Conference in London. Her speech focused on the importance of increasing transparency in MiFID II “in a manner that does not “damage”, ...
FCA warning against unauthorised firms
March 26th, 2015
FCA has issued a press release to warn investors against dealing with unauthorised firms. According to FCA, the below firms are not authorised by FCA but has been targeting people in the UK: GMT Markets Limited and BlackBird Clear ...
