Search Results for: commodity
Swiss Investigate Seven Banks Over Precious Metals Market Trading
September 28th, 2015
Inquiry involves possible collusion between UBS, Julius Baer, Deutsche Bank, HSBC, Barclays, Morgan Stanley and Mitsui A Swiss regulator has opened an investigation into precious metals trading at a group of large banks, marking the latest in a line ...
The Most Interesting Story In Gold
September 28th, 2015
Or: Gold Miners’ Doom Is Streaming Companies’ Boom. The gold and silver miners are in crisis, as metal prices hover around break-even for many and capital dries up for most. Dozens of companies are one or two quarters away ...
CFTC charged FOREXNPOWER for Forex Fraud Scheme
September 28th, 2015
CFTC Charges New York Corporations Safety Capital Management, Inc. and GNS Capital, Inc., both d/b/a FOREXNPOWER, and New York City Residents John Won, Sungmi Kang, and Tae Hung (“Kevin”) Kang with Fraudulently Soliciting More than $1.5 Million in a ...
Asian Shares Mostly Down; Singapore Enters Bear Market
September 28th, 2015
Japan shares fall as investors rethink likelihood of easing Japanese shares led Asian markets lower Monday, as investors reconsidered the prospects for further monetary easing, while stocks elsewhere mostly fell as evidence of China’s slowdown continues to build. The ...
From ZIRP to NIRP
September 25th, 2015
The sudden end of the Fed’s ambition to raise interest rates above the zero bound, coupled with the FOMC’s minutes, which expressed concerns about emerging market economies, has got financial scribblers writing about negative interest rate policies (NIRP). Coincidentally, ...
CFTC Settles with TeraExchange LLC
September 25th, 2015
CFTC Settles with TeraExchange LLC, a Swap Execution Facility, for Failing to Enforce Prohibitions on Wash Trading and Prearranged Trading in Bitcoin Swap The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges ...
Firm fined by MNB for performing unauthorised tied agent activity relating to investment services for firms domiciled in Cyprus and UK
September 24th, 2015
Magyar Nemzeti Bank (MNB), the Central Bank of Hungary, has issued an announcement to inform on its decision to impose a market surveillance penalty of HUF 90 million to CFD Markets Kft. which has performed capital market tied agent ...
Trading Technologies’ Next-Generation Trading Platform, TT, to Provide Connectivity to FEX Global
September 24th, 2015
FEX Global to distribute the TT platform to market participants The Asian-based energy and commodities futures exchange FEX Global Pty. Limited (FEX) and Trading Technologies International, Inc. (TT), a provider of high-performance professional trading platforms, today announced that FEX ...
$1 Trillion Asset Manager Says the Dollar Is Overvalued
September 23rd, 2015
Greenback has factored in prospect of first U.S. rate increase Dollar is undervalued against many Asian currencies, Kwok says The dollar is overvalued and is unlikely to extend gains versus the euro and yen unless the Federal Reserve raises ...
Asian stocks extend losses on weak China PMI survey; dollar strong
September 23rd, 2015
Asian stocks fell on Wednesday as fears of an entrenched global economic slowdown gripped investors, underlined by a weak factory survey from China, while the greenback firmed as investors fled to relatively safe-haven assets. MSCI’s broadest index of Asia-Pacific ...
