Search Results for: regulators
China stocks reverse losses after brokerages pledge support; Hong Kong flat
September 2nd, 2015
China stocks clawed back sharp early losses on Wednesday amid speculation that the government is putting fresh pressure on brokerages to support the market. Nine Chinese brokerages have pledged additional funds worth over 30 billion yuan ($4.71 billion) to ...
Russia’s Fist Just Clenched Around the Internet a Little Tighter
September 2nd, 2015
A new Russian law imposes restrictions on foreign Internet firms. It’s a feeling locals already know all too well. Global Internet firms operating in Russia wake up on Tuesday to a new era in Kremlin regulation. A law now ...
Interactive Data Launches Best Execution Service for Fixed Income Transactions
September 1st, 2015
Continuous Fixed Income Evaluated Pricing Powers Execution Quality Measurement for Bond Trades Interactive Data, a leading, trusted provider of fixed-income evaluated pricing, today announced the launch of its patent-pending Best Execution (Best Ex) service for the fixed income markets. ...
Statement by Glenn Stevens, Governor of RBA: Monetary Policy Decision
September 1st, 2015
At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, with some further softening in conditions in China and east Asia of late, ...
U.S. Currency Probe Expands to Russia, Brazil Trades
September 1st, 2015
U.S. prosecutors have expanded their probe of currency-market manipulation by some of the world’s largest banks to include the Russian ruble and Brazilian real, according to two people familiar with the matter. The Justice Department is using cooperation agreements ...
KPMG Forms Exclusive Alliance with Fintech Platform Matchi
August 31st, 2015
KPMG has issued a press release to inform that it has become the exclusive advisory alliance partner with Matchi.biz, the innovative fintech matchmaking platform that connects banks and insurance companies with financial services technology start-ups and innovations sourced from ...
Plus500: Interim Results for the six months ended 30 June 2015
August 27th, 2015
Plus500, a leading online service provider for retail customers to trade CFDs internationally, hereby announces its interim results for the six months ended 30 June 2015. Financial Highlights: Revenues up 20% to $127 million (H1 2014: $106.2 million) EBITDA1 down ...
Exchanges, Barclays win dismissal of U.S. high-frequency trading case
August 27th, 2015
Major U.S. stock exchanges and Barclays Plc on Wednesday won the dismissal of nationwide litigation in which pension funds and other investors accused them of rigging markets to benefit high-frequency traders. U.S. District Judge Jesse Furman in Manhattan said ...
B.C. securities regulator alleges misrepresentation, illegal distributions and market manipulation
August 26th, 2015
The Executive Director of the British Columbia Securities Commission (BCSC) has issued a notice of hearing alleging that three individuals issued false or misleading news releases, made illegal distributions, and participated in a market manipulation. The notice alleges that Christine Maria ...
Luxembourg’s banks choose Worldline’s ACS solution to secure ecommerce with 3D-Secure
August 26th, 2015
Worldline, , European market leader in payment and transactional services, has been selected by the Luxembourg banking community to provide its Access Control Server solution for 3D-Secure, in cooperation with LuxTrust, a Luxembourg-based certification authority. The 3D-Secure dynamic ...
