Search Results for: IG Group
Bitcoin faces biggest threat yet
June 17th, 2014
The Bitcoin digital currency system is in danger of losing its credibility as an independent payment system because of the growing power of a group that runs some of the computers behind it. In recent weeks, a British-based “mining ...
Asian Stocks Retreat From Six-Year High as Kiwi Advances
June 12th, 2014
Asian stocks fell, with the regional benchmark index retreating from its highest close in six years, after U.S. stocks dropped by the most in three weeks. Euronext delayed the opening of cash markets due to a “critical issue” while ...
Microsoft fights U.S. search warrant for customer e-mails held in overseas server
June 11th, 2014
Microsoft, one of the world’s largest e-mail providers, is resisting a government search warrant to compel the firm to turn over customer data held in a server located overseas. In what could be a landmark case, the Redmond, Wash., ...
Macau Tightens UnionPay Use in Threat to Casino Money Flows
June 10th, 2014
Macau’s government plans to further restrict the use of China UnionPay Co.’s debit cards at casinos, curbing money flows to the world’s largest gambling hub by making it harder for bettors to buy expensive items that they exchange for ...
NYSE Among Exchanges Sued Over High-Frequency Trading
June 10th, 2014
The New York Stock Exchange was one of at least seven exchanges sued by an Alabama man who claims they cheated subscribers by selling preferred access to market data to some of their customers. Harold Lanier said in a ...
Wall Street Fights for Our Right to Pay 5% Fund Fees
June 6th, 2014
One of Wall Street’s chief lobbyists wants you to know that the financial industry has changed, a lot, since the financial crisis. The industry “has already fundamentally reshaped itself into one that is safer, sounder and more resilient,” Ken ...
High-Speed Trading Rules Coming From SEC
June 6th, 2014
U.S. Securities and Exchange Commission Chair Mary Jo White unveiled the regulator’s most sweeping plan yet for reining in high-frequency trading and monitoring dark pools and other secretive trading practices in the world’s largest equity market. Proprietary traders who ...
Big Four’s China Accountancy Units Thrashing Out SEC Settlement in Auditing Dispute
June 3rd, 2014
The Chinese units at some of the world’s largest accounting firms – dubbed the Big Four – are looking to reach an out-of-court settlement with the US’ Securities and Exchange Commission in a bid to put an end to ...
Market Chatter- Corporate finance press digest
June 2nd, 2014
The following corporate finance-related stories were reported by media: * Japanese insurer Dai-ichi Life Co is in advanced talks to buy Protective Life Corp of the United States in a deal that could be worth over $5 billion, a ...
How Should We Tax the Digital Economy?
May 29th, 2014
The European Commission has received the final report of the High-level Expert Group on Taxation of the Digital Economy. This independent group was asked to examine key issues related to taxing the digital economy in the EU, and to ...
