Search Results for: GAIN Capital
FCA secures eight confiscation orders totalling almost £2.2 million
May 24th, 2017
The Central Criminal Court has made confiscation orders against the two final defendants who were convicted of offences following one of the FCA’s largest investigations into unauthorised activity. The FCA’s investigation, known as Operation Cotton, led to eight convictions ...
Fitch: Portugal EDP Exit Shows Fiscal Progress; Debt Still High
May 24th, 2017
The recommendation by the European Commission (EC) to end the Excessive Deficit Procedure (EDP) for Portugal underscores the strengthening in the country’s public finances following policy adjustments and an economic recovery, Fitch Ratings says. We expect the underlying trend ...
SEC Charges Fake Filer With Manipulating Fitbit Stock
May 22nd, 2017
The Securities and Exchange Commission today filed fraud charges against a Virginia-based mechanical engineer accused of scheming to manipulate the price of Fitbit stock by making a phony regulatory filing. According to the SEC’s complaint, Robert W. Murray purchased ...
Asian stocks post biggest rise in a month; dollar weak
May 22nd, 2017
Asian stocks posted their biggest daily rise in a month on Monday following modest gains in U.S. shares, though the greenback came under renewed pressure as Washington’s political turmoil undermines confidence in U.S. economic policy. MSCI’s broadest index of ...
Goldman Sachs Sees Big Potential for Fintech in Brazil
May 16th, 2017
Brazil is experiencing a wave of growth in financial technology that will most likely eat into the market share of the country’s huge and long untouchable banks, a new report from Goldman Sachs says. Entitled “Fintech Brazil’s Moment,” the ...
Global Brokerage, Inc. announces First Quarter 2017 results
May 16th, 2017
First Quarter 2017 Highlights: U.S. GAAP net revenues from continuing operations of $45.9 million U.S. GAAP net loss attributable to Global Brokerage, Inc. from continuing operations of $24.5 million or $3.99 per diluted share. U.S. GAAP net loss from ...
Update on Brexit
May 14th, 2017
This article looks at the background to Brexit negotiations and concludes that Britain is negotiating from a position of strength, while the EU is increasingly in a position of financial difficulty. Not only will the European Commission be forced ...
$25 Billion in 30 Days: Are Cryptocurrencies in a Bubble?
May 11th, 2017
The combined market capitalization of all public cryptocurrencies has surged nearly 80% over the last month, as more than $20bn worth of new investment dollars has flooded the nascent market. In roughly 30 days alone, the market cap for ...
What’s happening in the labour market?
May 10th, 2017
The rate of youth unemployment peaked at above 24% in the euro area in 2013 for the age group 15-24. Since then, the youth unemployment rate has declined faster than the total unemployment rate and remained around 21% in ...
Altcoin Surge Ends; Bitcoin Continues to Shine toward $1,800
May 10th, 2017
The altcoin surge has ended. After climbing for the past seven days, the majority of altcoins fell today while bitcoin has continued to rise. Ripple, which yesterday replaced Ethereum for the number two cryptocurrency based on market cap, fell ...
