Closed banks and capital controls until referendum
June 29th, 2015
In wake of MPs approving plebiscite, gov’t agrees to emergency measures after ECB decides not to lift limit on liquidity Greece heads to a referendum on Sunday that could decide whether its future lies in or out of the ...
Asian stock markets sink after Greece closes banks
June 29th, 2015
Asian stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts. Oil prices declined and the euro edged down against the dollar after Athens announced the ...
Switzerland Postpones Withholding Tax Reforms
June 26th, 2015
The Swiss Federal Council is to postpone a planned overhaul of the withholding tax (WHT) system and re-examine the appropriateness of the reforms at a later date. In Switzerland, WHT is levied on interest, participation income, lottery winnings, and ...
Liquidnet & IEX Extend Access to Safe Trading Opportunities with Launch of New Algorithm
June 26th, 2015
Liquidnet & IEX Extend Access to Safe Trading Opportunities with Launch of New Algorithm Liquidnet, the global institutional trading network, today announced the launch of Liquidnet Dark IEX, a new order routing strategy that provides the buyside with more ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
Crisis talks on Greece to stretch into the weekend
June 26th, 2015
After yet another inconclusive Eurogroup in Brussels Thursday, finance ministers agreed that more talks were required to bridge enduring gaps between Greece and its creditors with another Eurogroup to be held over the weekend, most likely on Saturday. Greek ...
Top stories of the day June 25
June 25th, 2015
1. European officials resumed talks on Greece’s bailout on Thursday after a day of negotiations broke up in the early hours without ending the standoff that has brought the country on the cusp of a default. With the Greek ...
Facebook Challenges Bitcoin? Payment Icon Added To Desktop Users
June 25th, 2015
Facebook has continued unveiling its Facebook payments platform, adding the desktop option on Wednesday for many users. CCN reported in March how the social media website had introduced payments on its messenger application, and it seems that today it has rolled ...
Silo But Deadly: Fonetic Unveils Unified Front, Middle and Back Office Information Management Solution for Trading Operations
June 25th, 2015
Automatic Trade Reconstruction (ATR™) fuses together trade & communications data for optimised trading processes Fonetic today unveiled ATR™ integra, the first linguistics-based trade reconstruction solution to automatically collect, analyse and match all trade-related data to their corresponding voice and ...
Greek deal or not, the euro has changed forever
June 25th, 2015
By invoking a Greek euro exit as a possible outcome of failed bailout negotiations, European governments have effectively rewritten a key tenet of the shared currency — and maybe even for the better. Deal or no deal on staving ...