Search Results for: EU commission
SEC wins asset freeze against Chinese accused of insider trading
April 30th, 2015
The U.S. Securities Exchange Commission won on Wednesday a court order to freeze the assets of two Chinese nationals accused of insider trading for their “remarkably timed” purchases of call options in Chinese classified advertising website 58.com Inc. The ...
HCMC imposes fines on foreign investors for naked short selling
April 29th, 2015
Over 1.6 million euros worth of fines were imposed for naked short selling during April and May of 2014 The Hellenic Capital Market Commission (HCMC) announced that it has imposed over 1.6 million euros worth of fines on foreign ...
Greek PM A. Tsipras met with voters in jumbo interview (Video)
April 28th, 2015
Greek Prime Minister A. Tsipras’ interview ran from 11.30 p.m. through to 2.36 a.m. and involved him directly answering voters’ questions Greek Prime Minister Alexis Tsipras appeared confident that an “interim agreement” would be agreed upon with Greece’s partners ...
Bank of Russia Opposes Forex Restrictions
April 28th, 2015
The Bank of Russia said late Monday that it opposes any restrictions on using foreign currencies in Russia, addressing earlier calls from the country’s security council. The inter-agencies commission of the Security Council of Russia had told the central ...
Nasdaq to settle Facebook IPO lawsuit for $26.5 million
April 27th, 2015
In a first for a U.S. stock exchange, Nasdaq OMX Group on Thursday agreed to pay $26.5 million (17.60 million pounds) to settle a class-action lawsuit involving its bungling of Facebook Inc’s $16 billion initial public offering, the plaintiffs’ lawyers said. ...
Dollar on defensive after more weak U.S. economic data
April 27th, 2015
The dollar started the week on the defensive on Monday after more disappointing U.S. economic data reinforced expectations the U.S. Federal Reserve will not hike interest rates any time soon, while concerns about Greece‘s debt talks pressured the euro. ...
MarketAxess Reports First Quarter 2015 Record Revenues
April 23rd, 2015
MarketAxess Reports First Quarter 2015 Record Revenues of $76.8 Million, Record Pre-Tax Income of $38.5 Million and Record Diluted EPS of $0.65 First Quarter Financial Highlights* Record revenues of $76.8 million, up 21.1% Record pre-tax income of $38.5 million, ...
China to open bank card clearing market to foreign firms from June
April 22nd, 2015
China has announced it will open up its market for clearing domestic bank card transactions, a move that should allow foreign players such as Visa Inc (V.N) and MasterCard Inc (MA.N) direct access to a market valued at $6.84 ...
Plus500 – Israel’s most profitable Internet company
April 20th, 2015
The online contracts for difference (CFD) company, which deals in capital market assets, has outperformed forecasts. Plus500 Ltd. (AIM: PLUS) whose share is traded at a $1.3 billion market cap, has reported partial results for the first quarter of ...
Big U.S. investors push SEC for oil industry to detail risks of climate change
April 17th, 2015
Calpers, the largest American public pension fund, and nearly 60 other institutional investors will ask the U.S. Securities and Exchange Commission on Friday to require oil and natural gas companies to publish detailed analysis of the risks posed by climate change to ...
