Search Results for: Global Markets
ICAP plc response to European Commission decision
February 4th, 2015
ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, notes today’s decision of the European Commission (EC) to issue a fine of £11.3 million. This allegation relates to Yen Libor and ...
Rising oil boosts investors’ optimism
February 4th, 2015
US markets surged on Tuesday as rising oil prices lifted energy shares. Energy issues gained 2.8%, marking fourth-straight advance. Investors’ optimism was boosted also by developments in Greece’s debt negotiations and automaker’s reports of increases in January car sales. ...
Trading Technologies announcement
February 4th, 2015
Trading Technologies has issued a press release informing that: Trading Technologies to Establish Connection to KCG’s Fixed Income Liquidity Software provider enables KCG to provide both X_TRADER® and TT platform users with access to on-the-run U.S. Treasury liquidity Trading ...
Asian shares at three-month peak, warily watching oil
February 4th, 2015
Asian shares took Wall Street’s lead to reach three-month peaks on Wednesday as revived risk sentiment dented the U.S. dollar and sovereign bonds, though it was unclear how long this latest mood swing would last. Much might depend on ...
ICAP to face EU fine over yen cartels
February 3rd, 2015
ICAP faces an EU fine this week for allegedly facilitating cartels on yen-denominated inter-rate benchmarks, as Brussels tackles the holdouts in rate-rigging probes that have already resulted in about €1.7bn in penalties. The world’s largest interdealer broker has strongly ...
ICAP Information Services launches the ICAP Bond Correlated Call US Treasury Index
February 3rd, 2015
ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that ICAP Information Services (IIS), the information division of ICAP, has launched the ICAP Bond Correlated Call (BCC) US Treasury ...
Asia sags on growth worries, Aussie slides as RBA eases
February 3rd, 2015
Asian stocks sagged on Tuesday amid ongoing growth concerns, while the Australian dollar plumbed six-year lows after the Reserve Bank of Australia cut interest rates to a record low. MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.2 percent after the latest batch ...
Oil Companies Draw on Creative Financing to Stay Afloat After Prices Tumble
February 2nd, 2015
North America’s small and mid-sized energy companies are searching for creative ways to stay afloat as investors smell blood in the water from the almost 60 percent fall in the price of oil since June. Oil and natural gas ...
EU-US legal services break-through
January 30th, 2015
Conference of chief justices offers a way out of the old plot-line. A very significant step was taken a few days ago in the ongoing negotiations between the US and EU legal professions on opening markets in legal services ...
China denies mass foreign investment withdrawal
January 30th, 2015
China’s Ministry of Commerce (MOC) on Thursday denied media reports that foreign firms were taking back their capital in China. “There is no mass capital withdrawal of overseas enterprises in China,” MOC spokesman Shen Danyang said during a press ...
