Search Results for: GAIN Capital
FXCM Issues Statement on CFTC Complaint
August 22nd, 2016
FXCM has issued a statement in relation to the complaint filed by CFTC on August 19, 2016. Below is the FXCM’s statement as it was published on August 19, 2016: FXCM Inc. (NYSE:FXCM) (or the “Company”), today issued a statement ...
EuroFX: How British Firms Built a Pyramid Scheme in China That Lost Millions
August 19th, 2016
The foreign exchange fraudsters hid in the cracks between international jurisdictions. As David Byrne ate breakfast at the Tongli Lakeview Hotel outside Shanghai one Sunday in April, an angry customer was waiting for him. Byrne, 52, is a British ...
Ex-JPMorgan vice president guilty on 9 counts of insider trading
August 18th, 2016
Ex-JPMorgan Chase V.P. guilty on 9 counts of insider trading in father’s $1M windfall Sean Stewart, a former investment vice president at JPMorgan Chase, helped his father and others make more than $1 million in illegal trades from 2011 ...
Emerging Stocks Slip With Oil as Dollar Rises Before Fed Minutes
August 17th, 2016
Japanese shares advance as yen pulls back from 100 level New York Fed chief says interest-rate rise is drawing closer Emerging-market stocks retreated from near a one-year high and oil fell for the first time in a week after hawkish ...
Former Deloitte boss launch CogitalGroup; Can be a Big Four challenger?
August 16th, 2016
After weeks of speculation, the new venture by former Deloitte global chairman John Connolly and private equity house HgCapital was officially announced on Friday, though somewhat under whelmingly given the fanfare one may expect from the birth of a ...
Xetra-Gold holdings rise by more than 50 per cent since the beginning of the year
August 16th, 2016
The gold held in custody by Deutsche Börse Commodities GmbH for the purpose of physically backing the Xetra-Gold bond has risen to a new record high of 90.67 tons, an increase of more than 50 per cent since the ...
Japan stocks drop as oil prices slip
August 16th, 2016
Shares in Asia were mixed on Tuesday, with record gains in the U.S. market overnight offset by a dip in oil prices and a firmer yen. The Nikkei Stock Average NIK, -1.62% was down 1.1% in early morning trade, after flip-flopping ...
The US dollar could stay stuck in a rut until after November
August 16th, 2016
The U.S. dollar is stuck in a rut, and it could stay there for a while. Dollar bulls have been falling by the wayside this summer, as the U.S.Federal Reserve looks further away from tightening its monetary policy. The currency also runs ...
Paysafe published Unaudited Interim Results for the 6 months ended 30 June 2016
August 12th, 2016
Paysafe Group plc, global provider of payment solutions, reports strong growth in the six months ended 30 June 2016. Reported H1 2016 revenue increased 118% to $487m (H1 2015: $223m); pro-forma constant currency revenue growth was 20%, up from ...
Bitcoin Volume in Venezuela Surging Amid Hyperinflation
August 11th, 2016
So far, three Bitcoin exchanges have established themselves in Venezuela. SurBitcoin is by far the biggest, whereas Yabit and Cryptobuyer are relatively new on the scene. Bitcoin remains one of the most popular commodities in all of Venezuela. The ...
