Search Results for: Commodity Exchange Act
China and Clinton Agree: Traders Should Pay for Canceled Orders
December 30th, 2015
CSRC rule proposals seen taking effect in as early as 2016 Proposal to levy fees on high cancel rates echoes Clinton plan Chinese securities regulators are preparing some of the world’s strictest regulations on a trading practice at the ...
Major Asian markets close higher after Nikkei, Kospi erase early losses
December 29th, 2015
Asian equities closed higher on the second day of 2015’s final week, after the Japanese and South Korean markets erased morning losses and the Australian market totted up a more than 1 percent gain. That’s a turnaround from earlier ...
Analysis – Record highs predicted for bitcoin in 2016 as new supply halves
December 23rd, 2015
2016 could prove to be the year that the price of bitcoin surges again. Not because of any dark-web drug-dealing or Russian ponzi scheme, but for an altogether less sensational reason – slower growth in the money supply. Bitcoin ...
J.P. Morgan to Pay $267 Million for Disclosure Failures
December 21st, 2015
The Securities and Exchange Commission announced that two J.P. Morgan wealth management subsidiaries have agreed to pay $267 million and admit wrongdoing to settle charges that they failed to disclose conflicts of interest to clients. An SEC investigation found that ...
Asian markets trade mixed; Japan shares spike on BOJ
December 18th, 2015
Major markets in Asia were mixed on Friday after wavering between positive and negative territory as investors focused on economic data, central bank decisions and commodity prices. The Japanese market took a wild ride, erasing early losses and spiking ...
Barclays to Sell Former Lehman Bond Benchmarks to Bloomberg
December 17th, 2015
Bank makes $721 million gain selling analytics, index business Sale comes as new CEO Jes Staley speeds up non-core disposals Barclays Plc agreed to sell the indexing business built around former Lehman Brothers benchmarks to Bloomberg LP for about ...
Asian stocks trade lower, China bucks trend
December 14th, 2015
Asian equities traded mostly lower on Monday, as investors remain focused on the mid-week decision from the U.S. Federal Reserve. The Chinese market bucked trends and traded up, boosted by upticks in shares of brokerages and banks. Kathy Matsui, managing ...
JPMorgan Said to Win Relief in SEC Case on Sale of Its Own Funds
December 10th, 2015
Bank to get consent to continue raising money for hedge funds SEC, CFTC may announce settlements with bank as soon as Friday JPMorgan Chase & Co. is close to settling cases that threatened to bar the bank from raising ...
Brent Crude Falls; Oil Prices End at Nearly Seven-Year Lows
December 9th, 2015
Prices hit fresh seven-year lows on expectations that U.S. crude inventories rose Brent crude dipped below $40 a barrel Tuesday in a selloff that has raised a worrisome possibility: that oil prices could be even lower next year than ...
Asian stock markets end lower; economic data in focus
December 9th, 2015
Asian equities ended lower on Wednesday as major markets such as Japan and China released economic data. Oil prices also ticked up during Asian trading session after closing near six-year lows overnight. The U.S. West Texas Intermediate (WTI) crude futures were ...
