Search Results for: EC
What the recent OPEC deal means for oil prices
October 6th, 2016
The September 28 Algiers accord by Opec to cap production within a range of 32.5 million to 33 million barrels per day was unexpected but very positive for sentiment. This was the first time Opec decided to trim output ...
Ruble best performing emerging market currency since OPEC deal in Algeria
October 6th, 2016
The Russian currency is extending its gains on Wednesday, buoyed by rising oil prices. The ruble has outpaced the Argentinian peso, Hungarian forint, Taiwanese dollars and other emerging market currencies since OPEC agreed to cut production last week. The ...
The B2 Group appoints Director, Strategy and Business Development
October 4th, 2016
The B2 Group, provider of cloud based payments, FX and funds STP software and consultancy solutions to administrators, transaction banks and corporates across the globe today announced the appointment of Bill Wrest to the position of Director, Strategy and ...
CySec imposed an administrative fine of €100.000 to a natural person
October 4th, 2016
The Board of the Cyprus Securities Exchange Commission (CySec) has issued an announcement to inform that, at the meeting held on 9 September 2016, decided to impose an administrative fine of €100.000 on Mr. Danny Rothman (or Mr. Daniel Rubinstein) ...
CySec approved two new Cyprus Investment Firms
October 4th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued announcements to inform that “IFC Investments Cyprus Ltd“ and “Jin Daocheng Ltd” have successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firms are ...
PwC global revenues rise to record US$35.9 billion
October 4th, 2016
Strategy for growth – driven by PwC purpose Total workforce reaches new record – over 223,000 Supporting our clients with more than 15,800 people dedicated to technology services Over $500 million invested in quality and service development 11 million ...
Saxo Bank is launching a new order execution model for FX and CFD Indices
October 4th, 2016
Saxo Bank, the trading and investment specialist, announces today that it is launching a new order driven execution model for FX Spot, FX Forwards and CFDs on Indices and Commodities, aligning its practices with those in other asset classes ...
Cyprus Investment Firm gets CySec’s approval
October 3rd, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that “FXBFI Broker Financial Invest Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now ...
CySec fined Administrative Services Provider
October 3rd, 2016
The Cyprus Securities Exchange Commission (CySec) has issued a press releases to inform that, at the meeting held on September 19th, 2016, decided to impose an administrative fine of €5.000 on the ASP Teos Corporate Services Ltd. According to CySec’s announcement, ...
It’s Not Just Deutsche Bank. The Entire Financial Sector Is Sick
October 3rd, 2016
These are great times for financial assets — and by implication for finance companies that make and sell them, right? Alas, no. Just the opposite. Each part of the FIRE (finance, insurance, real estate) economy is imploding as “modern” ...
