Search Results for: Fix trading
Asia mostly lower as oil retreats further; BOK keeps rates steady
August 11th, 2016
Asia markets were mostly lower on Thursday following U.S. losses, with sentiment likely driven by Wednesday’s oil price falls and anticipation of another data deluge from China on Friday. In Australia, the benchmark ASX 200 slid 35.71 points, or 0.64 percent, ...
Moscow Exchange Announces 2Q 2016 Results
August 9th, 2016
Moscow Exchange (MOEX) today announces its financial results under International Financial Reporting Standards (IFRS) for the second quarter 2016. Earnings growth was supported by an increase in fee and commission income from all trading markets across the Exchange’s diversified ...
JPMorgan to use computerized technology in dealer to dealer market
August 4th, 2016
Three-year deal is for the dealer-to-dealer Treasury market Virtu is one of the world’s biggest electronic trading firms JPMorgan Chase & Co. will use a computerized trading firm’s technology to access and trade in the U.S. Treasury market, marking ...
Dollar steady, sterling waits for BoE rate cut decision
August 4th, 2016
The dollar held steady above a recent six-week low on Thursday, while sterling stayed in a tight range with expectations running high that the Bank of England will cut interest rates for the first time since 2009 in a ...
Facebook just passed Buffett’s Berkshire Hathaway in market value
July 29th, 2016
Mark Zuckerberg has put Warren Buffett in his rear view mirror. Zuckerberg’s tech behemoth, Facebook Inc. FB, +1.35% edged out Buffett’s Berkshire Hathaway Inc. BRK.B, +0.16% moving ahead of the market capitalization of the Sage of Omaha’s investment conglomerate Thursday. Facebook added about $5 billion ...
The founder of the Bitcoin Savings and Trust company gets 18 months in prison for Fraud
July 25th, 2016
Trendon Shavers, the mastermind behind the disgraced Bitcoin Savings & Trust Ponzi scheme, has been sentenced to 18 months in prison on one count of securities fraud. In addition, Shavers was ordered to forfeit $1.23 million and to pay ...
OTC Clear Receives Regulatory Approval to Clear USD/CNH Cross Currency Swaps
July 22nd, 2016
OTC Clearing Hong Kong Limited (OTC Clear), a subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), announces that the Securities and Futures Commission has granted approval of its clearing services for cross currency swaps. OTC Clear expects to launch ...
Two top HSBC currency traders charged in forex probe
July 21st, 2016
A top HSBC executive has been charged with fraud in the US. Mark Johnson, HSBC’s global head of foreign exchange trading was arrested on Tuesday night. A former colleague, Stuart Scott, has also been charged. The two traders are ...
Asian Equity Rally Loses Momentum With Oil Near $45; Pound Gains
July 14th, 2016
Japan’s Topix climbs, yen falls amid talk of helicopter money Sterling rises before forecast cut in U.K. interest rates The rally that drove Asian stocks to levels last seen in April showed signs of flagging as investors awaited details ...
Something Huge Is Coming From Japan
July 4th, 2016
Pretend, for a minute, that your country responds to the bursting of a credit bubble by borrowing unprecedented amounts of money and using it to prop up banks and construction companies. This doesn’t work, so you create record amounts ...
