Search Results for: Brent
European stocks retreat as investors cash in on rally
January 21st, 2020
European stock markets mostly retreated on Monday (Jan 20) as investors booked profits after last week’s rally awaiting some key US earnings updates. Stocks had jumped on Friday, with Wall Street indices ending at fresh record highs, as solid ...
UPDATE: Crude oil prices rise
January 8th, 2020
Oil prices have risen after two bases hosting US troops in Iraq were hit by ballistic missiles. Brent crude was up by 1.4% at $69.21 per barrel in the middle of the Asian trade, easing back from earlier gains. ...
European stocks traded lower on Friday; Oil prices spiked
January 3rd, 2020
European stocks traded lower on Friday as geopolitical tensions spiked after U.S. airstrikes in Iraq killed a top Iranian military commander. The pan-European Stoxx 600 slid 0.5% in early trade, travel and leisure stocks falling 1.4% to lead losses ...
Interdealer Brokers ordered to Pay $25 million for fraud in FX options markets
October 3rd, 2019
The U.S. Commodity Futures Trading Commission announced that it issued orders filing and settling charges against two interdealer brokers: BGC Financial, LP and GFI Securities, LLC. The orders find that brokers employed by BGC and GFI on their respective ...
ICO incubator and founder charged for unregistered offering and unregistered broker activity
September 20th, 2019
The Securities and Exchange Commission (SEC) sued ICOBox and its founder Nikolay Evdokimov for conducting an illegal $14 million securities offering of ICOBox’s digital tokens and for acting as unregistered brokers for other digital asset offerings. According to the ...
Interdealer Broker ordered to Pay $13 million
September 17th, 2019
The U.S. Commodity Futures Trading Commission (CFTC) issued two orders filing and settling charges against Tullett Prebon Americas Inc., an interdealer broker and CFTC-registered introducing broker headquartered in New Jersey. The combined orders require Tullett to pay a total of $13 ...
Investors Update: Global stocks faced headwinds; Pound flirted with 2 1/2-year lows
September 3rd, 2019
Global stocks faced headwinds on Tuesday, stymied by U.S.-China trade frictions while the British pound flirted with 2 1/2-year lows as Prime Minister Boris Johnson indicated he could call an election to block lawmakers’ efforts to avert a no-deal ...
Issuer charged with Conducting $100 Million Unregistered Initial Coin Offering
June 12th, 2019
The Securities and Exchange Commission (SEC) sued Kik Interactive Inc. for conducting an illegal $100 million securities offering of digital tokens. The SEC charges that Kik sold the tokens to U.S. investors without registering their offer and sale as required ...
Early Monday Review: Euro little moved as EU vote shows limited gains by nationalists
May 27th, 2019
Asia stocks edged up early on Monday, and the euro was confined to a narrow range after the weekend’s European Parliament elections highlighted the deepening political fragmentation of the 28-country bloc. The euro was a shade higher at $1.1211, ...
Oil prices slip on Wednesday reversing earlier gains
March 27th, 2019
Oil prices declined on Wednesday, reversing earlier gains, as further disruptions to Venezuela’s crude exports were offset by a report that U.S. inventories rose last week. Brent crude futures were down 22 cents, or 0.32 percent, to $67.75 a ...