Search Results for: foreign exchange
ECB to lead revamp of global FX codes of conduct
June 3rd, 2014
The European Central Bank has been given the lead role in work to strengthen codes of conduct for currency markets, expected to be one of the main areas highlighted in a report from global regulators due within weeks. Banking ...
Credit Agricole Said to Accuse EU of Bias in Euribor Case
May 28th, 2014
Credit Agricole SA (ACA), which refused to settle an antitrust probe over Euribor manipulation, accused European Union regulators of bias and said they should step down from the case, according to two people with knowledge of a letter the ...
MOEX Q1 Net Profit
May 27th, 2014
Moscow Exchange (MOEX) today announces its financial results for the first quarter (1Q) 2014 according to International Financial Reporting Standards (IFRS). Strong earnings growth was driven by fees and commissions generated by increased trading volumes across markets, particularly the ...
German regulator BaFin finds currency manipulation evidence
May 21st, 2014
BaFin, the German regulator, said it had found concrete evidence that traders attempted to manipulate the global currency market, making it the first financial watchdog to confirm that suspicions of wrongdoing have clear grounds. Raimund Röseler, the head of ...
ASIC bans former Sydney trader
May 20th, 2014
The Australian Securities and Investments Commission (ASIC) has banned Jeremy Kaviraj Nambiar, of St Ives, New South Wales, from providing financial services for eight years after an ASIC investigation found he created a series of fictitious trading entries and ...
Stocks: In need of a break?
May 14th, 2014
Wall Street might need a break. The past few days have seen investors push stock markets to all-time highs, but it looks like the pace could slow Wednesday. U.S. stock futures were barely moving ahead of the opening bell, ...
Two men arrested for insider trading and abuse of public office, $7 million restrained
May 9th, 2014
The Australian Federal Police and Australian Securities and Investments Commission have issued a joint press release as follows: Two men have been arrested by the Australian Federal Police (AFP) today for offences relating to insider trading, money laundering, corruption ...
Euro Drops From 2 1/2-Year High as Draghi Hints at June Action
May 8th, 2014
The euro weakened from a 2 1/2-year high against the dollar as European Central Bank President Mario Draghi said policy makers were comfortable with taking additional policy action in June if needed. The common currency dropped versus all except ...
China opens first forex trading centre on border with Vietnam
April 28th, 2014
China has opened a currency trading center, the first of its kind in the country, on the China- Vietnam border to end rampant illegal private forex trading. The ASEAN (Association of Southeast Asian Nations) Currency Business Center, will allow ...
CySec: regarding fx financial instruments
April 25th, 2014
The Cyprus Securities and Exchange Commission (CySec), has issued a press release informing the Cyprus Investment Firms (‘the CIFs’) about the following: 1. Concerns have been raised about the lack of harmonisation between the EU Member States on where ...
