Search Results for: Fix trading
KCG reports consolidated revenues of $377.0 million for the Third Quarter
November 2nd, 2015
KCG reports consolidated revenues of $377.0 million and pre-tax earnings of $35.4 million for the quarter KCG Holdings, Inc. (NYSE: KCG) today reported consolidated earnings of $21.9 million, or $0.24 per diluted share, for the third quarter of 2015. Included in ...
Why We’re Ungovernable, Part 11: Portugal Stages A Coup
October 26th, 2015
Wow. Portugal just did something extraordinary. In its most recent election, parties of the left — anti-austerity, anti-business, mistrustful of the euro and other extra-national institutions — gained a parliamentary majority, which gives them the right to form a ...
What Will It Mean If the Yuan Gets Reserve-Currency Status?
October 26th, 2015
At least $1 trillion of global reserves may migrate to yuan Successful bid would boost Xi’s economic reform efforts International Monetary Fund representatives have given China strong signals that the yuan is likely to soon join the fund’s basket ...
Credit Suisse to Raise $6.3 Billion Of Capital in Strategy Shift
October 21st, 2015
Bank plans to hold IPO of Swiss banking unit by 2017 Third-quarter profit misses estimates on investment bank loss Credit Suisse Group AG will raise about 6.05 billion Swiss francs ($6.3 billion) of capital as part of a broad ...
London Stock Exchange Group Launches New Derivatives Venture – Curveglobal
October 16th, 2015
New venture launched with a number of major dealer banks and the Chicago Board Options Exchange Short Term and Long Term Interest Rate Futures to be offered in first phase Products to be traded on London Stock Exchange Derivatives ...
KCG releases September 2015 Trade Volumes
October 15th, 2015
KCG Holdings, Inc. (NYSE: KCG) has issued a press release to inform in relation to trade volumes for the month of September 2015. In Market Making, KCG averaged $30.3 billion dollar volume traded, 4.9 billion shares traded, and 3.9 ...
BofA Profit Rebounds to $4.51 Billion as Revenue Beats Estimates
October 14th, 2015
Revenue declines 2.4 percent while expenses fall 31 percent Bond-trading revenue slides 11 percent, equities up 12 percent Bank of America Corp., the second-biggest U.S. lender, posted third-quarter profit of $4.51 billion as litigation expenses tumbled and loan growth ...
China imports slump 20% amid falling commodity prices and weak demand
October 13th, 2015
Imports were down for the 11th month in a row, according to official figures, but there are signs that demand for the country’s exports is picking up China’s imports fell heavily in September, official figures said, keeping pressure on ...
5 Mistakes You Should Avoid When Starting A FinTech Company
October 9th, 2015
Even though I worked at a bank for years before founding Coinsetter in late 2012, it’s incredible how little I ultimately knew about how banks and financial institutions work behind the scenes. Starting a bitcoin exchange has been a ...
Boerse Stuttgart Launches New Exchange System, Xitaro, Powered by Nasdaq
October 8th, 2015
Nasdaq’s Genium INET is Now Powering Germany’s Leading Exchange for Retail Investors Nasdaq (Nasdaq:NDAQ) and Boerse Stuttgart have officially announced that Boerse Stuttgart, Germany’s leading exchange for retail investors, has gone live on Genium INET. The system named Xitaro will be used ...
