Search Results for: Trading
China to invest $20 billion in India despite territorial dispute
September 23rd, 2014
The leader of the People’s Republic of China Xi Jinping arrived on a visit to India, where he had a meeting with Prime Minister Narendra Modi. During the talks, Modi expressed concerns that the trade imbalance between China and ...
US SEC gives largest-ever Whistleblower Award of more than $30M
September 23rd, 2014
The U.S. Securities and Exchange Commission, or SEC, announced Monday that it will give out the largest-ever whistleblower award to an anonymous tipster who lives outside the country. The whistleblower will receive more than $30 million for providing crucial ...
OSB Daily Technical Analysis- Indices
September 23rd, 2014
OSB Daily Technical Analysis for September 23, 2014 S&P 500 declined on Monday and closed just above the 20 DMA. Recent up leg likely taking a breather for now and possibly to grind away sideways in the next couple ...
Stocks end lower: Nasdaq off more than 1%
September 23rd, 2014
Wall Street took a sharp hit Monday as tech stocks plunged and Alibaba (BABA) fell more than 4% on its second day of trading after a blockbuster start on Friday. Investor concerns of a slowing Chinese economy also weighed ...
Regulators Weigh Delay for Separating Banks’ Swaps Units
September 19th, 2014
U.S. banks may get another year to shift some swaps trading from their government-insured units as regulators respond to demands to give them more time, according to two people familiar with the talks. A delay until July 2016 in ...
Oracle CEO Ellison steps down
September 19th, 2014
Larry Ellison announced Thursday he has agreed to step down as CEO of Oracle, the software powerhouse he co-founded. Mark Hurd and Safra Catz, co-presidents of Oracle, will take the role as CEO. Catz will handle all manufacturing, finance ...
Dark Pools need more transparent future as threats rise
September 18th, 2014
Off-exchange markets, accounting for more than 40 percent of dark-pool volume, have publicly disclosed rules of operation that were previously hidden. The private venues host 17 percent of trading in the $24 trillion U.S. stock market. They’re taking the ...
Australian firm pays $20,400 penalty for making misleading representations
September 18th, 2014
The Australian regulator has charged Invast Financial Services Pty Ltd (Invast), an Australian financial services (AFS) licensee based in Sydney, with the amount of $20,400 in penalties after ASIC issued two infringement notices for alleged misleading representations. ASIC was alert ...
FCA halts three debt management firms from making payments
September 18th, 2014
The Financial Conduct Authority has issued a warning that debt management customers of Gregson and Brooke Financial Services (trading as Expert Money Solutions), One Tick (trading as Debt Savers Direct and 1-Tick) and the Money Management Service should stop making payments to these firms. Gregson ...
Use of euro-renminbi options surges
September 18th, 2014
Rising renminbi trade settlement and a sliding euro are fuelling a surge in hedging between the two currencies both by multinationals and investors. Daily trading volume in euro-renminbi options has risen from about €100m at the start of the ...
