Search Results for: Gas
Ice Futures Singapore Launches with Commodity and Fx Contracts Serving Asian Markets
November 18th, 2015
Intercontinental Exchange (NYSE:ICE), the leading global network of exchanges and clearing houses, today announced the successful launch of trading and clearing for ICE Futures Singapore and ICE Clear Singapore on Tuesday, November 17, 2015. Total volume of 8,847 contracts traded and cleared on ...
European Financial Regulators warn for unauthorised investment firms
November 17th, 2015
The Swedish Financial Supervisory Authority, Finansinspektionen (FI) and the Financial Conduct Authority of UK (FCA) have issued warnings to inform investors and public for unauthorised and clone investment firms. According to Finansinspektionen (FI): Warning issued regarding Aztec Group (clone ...
Intercontinental Exchange to acquire Trayport from BGC Partners and GFI for $650 million in stock
November 17th, 2015
Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, announced today that it has entered into a definitive agreement to acquire Trayport for $650 million in ICE common stock. Trayport is a subsidiary of GFI Group, which ...
Oil Approaching $40 Deepens Investor Pessimism on Recovery
November 17th, 2015
Hedge funds’ short position grew 21% through Nov. 10: CFTC IEA sees `massive cushion’ worldwide on record production Hedge funds have turned more pessimistic on oil as prices flirted with $40 a barrel for the first time since August. ...
IRS: Offshore Compliance Programs Generate $8 Billion
November 16th, 2015
With more than 54,000 taxpayers coming in to participate in offshore disclosure programs since 2009, the Internal Revenue Service today reminded U.S. taxpayers with undisclosed offshore accounts that they should strongly consider existing paths established to come into full ...
Asian stocks bruised by tumbling oil, Fed hike jitters
November 13th, 2015
Asian stocks were battered on Friday, with risk-off sentiment in full swing amid sharp falls in the price of commodities and growing expectations that the Federal Reserve is on track for a rate hike in December for the first ...
Asian shares rangebound amid gloomy oil outlook
November 12th, 2015
Pedestrians walk past a share prices board showing the numbers on the Nikkei 225 at the Tokyo Stock Exchange in Tokyo, Japan. Asian equities were lackluster on Thursday, with weakening commodity prices, concerns over a slower-growing China and a ...
How the Unshackled Ruble Has Changed Russia’s Economy Forever
November 10th, 2015
The weaker currency has hit consumers hard but helped oil producers Today marks the one-year anniversary of the freeing of the ruble for the first time in its post-Soviet history. In five charts, we show how the central bank’s ...
The Middle East Could Face A Historic Crisis By Century’s End
November 10th, 2015
Regarding the Middle East and its oil, the late Sheikh Rashid Bin Saed Al Maktoum, longtime Emir of Dubai and Prime Minister of the United Arab Emirates, once famously remarked: “My grandfather rode a camel, my father rode a camel, ...
ITG agrees to sell Calgary-based research unit
November 9th, 2015
ITG (NYSE:ITG), a leading independent broker and financial technology provider, today announced that it has signed a definitive agreement to sell the Calgary-based unit of ITG Investment Research (the “energy research group”) to Warburg Pincus, a global private equity firm focused on ...
