Search Results for: ELA
Greece fails to convince Europe on EUR 1.2 bn payment
March 26th, 2015
Greece does not have the right to 1.2 billion euros ($1.3 billion) it believed it mistakenly returned to the eurozone‘s bailout fund, an spokesman for the fund said Wednesday after talks with Greek officials. A working group from the ...
Why liquidity is drying up in the currency market
March 25th, 2015
Sovereign bonds aren’t the only market facing a liquidity shortage. As volatility in the foreign-exchange market has risen over the past eight months, currency traders are finding that liquidity has become much patchier than it once was. Several factors, ...
FD acquires ActivateClients Limited for software development and mobile technology capabilities
March 24th, 2015
First Derivatives (AIM:FDP.L, ESM:FDP.I), a leading provider of software and consulting services, announces it has acquired the entire issued share capital of ActivateClients Limited (“ActivateClients”). The earnings enhancing acquisition provides complementary software products, particularly HTML5 capabilities, that are expected ...
FCA publishes its Business Plan for 2015/16 and announces details of new supervision and authorisation divisions
March 24th, 2015
The Financial Conduct Authority has set out the key areas of work it will undertake in the forthcoming financial year with the publication of its Business Plan for 2015/16. It also confirmed the creation of two new Divisions that would ...
Central banks agree new rules for FX market conduct
March 24th, 2015
Banks must prevent traders sharing order information under a new global code of conduct that bans traditional slang usages and gives dealers more guidelines for what they can and cannot say about the world’s biggest financial market. The 8-page ...
FXCM to Update Its Negative Balance Policy
March 24th, 2015
FXCM Australia Limited (FXCM AU), today announced that it will be updating its Negative Balance Policy for new and existing clients in the near future. Existing clients should expect to receive more details about the updated policy in the ...
BOI: The Monetary Committee keeps the interest rate for April 2015 unchanged at 0.1 percent
March 24th, 2015
Inflation data The Consumer Price Index for February declined by 0.7 percent, while forecasters had projected a decline of 0.6 percent, on average. The decline in electricity prices, which came into effect in February, contributed 0.3 percentage points toward ...
Greece to present reforms package by Monday: government spokesman
March 24th, 2015
Greece will present its proposed package of reforms to its euro zone partners by next Monday in hopes they will release much needed cash, its government spokesman said on Tuesday. “It will be done at the latest by Monday,” government spokesman told ...
Merkel and Tsipras ease tension but did not find political solution
March 24th, 2015
German Chancellor Angela Merkel and Greek Prime Minister Alexis Tsipras struck a conciliatory tone after their first bilateral meeting in Berlin on Monday but the Greek leader’s host insisted that she is not in a position to ease Greece’s ...
Basel Committee and IOSCO revised implementation date for non-cleared derivatives margin rules
March 23rd, 2015
The International Swaps and Derivatives Association, Inc. (ISDA) published the following statement: The Basel Committee on Banking Supervision and the International Organization of Securities Commissions (IOSCO) released revisions to the framework for margin requirements for non-centrally cleared derivatives. [The ...
