Search Results for: BP
Alpari’s Russia and CIS Trading Turnover in May Exceeded $95.2 Billion
June 22nd, 2015
May 2015 saw Alpari’s trading turnover in Russia and the CIS increase by 4% in comparison with April and as such it exceeded $95 billion. The main drivers for this growth were the EURUSD and GBPUSD currency pairs on ...
MENA economic growth: A good start for Egypt
June 18th, 2015
It is not without its challenges, but the economy is improving – steadily if unspectacularly. A curious place these days, Egypt. Politically, it continues to make liberal-minded observers queasy, whether for sentencing ousted – and democratically elected – Islamist ...
Asia stocks up, dollar sags as Fed tempers expectations for rate rise
June 18th, 2015
An index of Asian shares gained on Thursday while the dollar eased slightly after the Federal Reserve signaled that interest rates would rise more slowly than markets had expected. Spreadbetters, however, expected Greek debt matters to reclaim the spotlight ...
ICE Benchmark Administration Announces Bank of China as a Direct Participant to the Gold Auction
June 17th, 2015
Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, today announced that Bank of China has been approved by ICE Benchmark Administration (IBA) to participate in the gold auction which is used to determine the ...
ICE to launch ERIS Standard Interest Rate Futures
June 16th, 2015
Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, today announced that ICE Futures Europe, the UK’s leading multi-asset class derivatives exchange, intends to launch Eris standard interest rate futures contracts denominated in Euro (EUR) ...
A record $9 billion penalty levied against BNP Paribas SA
June 16th, 2015
A record $9 billion penalty levied against BNP Paribas SA for violating U.S. economic sanctions Terrorism Victims Seek Part of BNP Penalty Large contingency lost family or were injured in 1998 embassy bombings The record penalty is morphing into ...
EU Bank-Separation Bill Sets $112 Billion Trading Mark
June 16th, 2015
Banks with annual trading activities of more than 100 billion euros ($112 billion) would face added scrutiny from supervisors armed with a tool box of capital rules and separation powers in a draft European Union law. Envoys from the ...
Advanced Markets Teams with Fortex in Joint Venture
June 15th, 2015
FAM Clearing, LLC to Deliver Prime-of-Prime Service and End-to-End Trading Technologies to FX Market Lacking Access to Bank Prime Services Advanced Markets, a wholesale provider of liquidity, technology, and credit solutions to banks and brokers and Fortex, Inc., a leading ...
Justice Department Readies New Bank Settlements
June 5th, 2015
Federal and state officials are preparing the next round of billion-dollar mortgage settlements involving U.S. and European banks Up to nine banks are in line for the next round of billion-dollar payments related to soured mortgages as federal and ...
KPMG insolvency on Alpari UK: Compensation Payments made by FSCS – Notice to Clients
June 4th, 2015
KPMG insolvency has issued an announcement regarding: Alpari UK Limited (in special administration) This information is in addition to previous information. KPMG insolvency notes that: “In light of the recent payments made by FSCS to those clients who had assigned their ...