Search Results for: Global Markets
ITG Launches ITG Smart Cost Estimator For Pre-trade Analysis And Announces New Award For Itg Analytics Incubator
February 29th, 2016
ITG (NYSE:ITG), a leading independent broker and financial technology provider, today announced the launch of ITG Smart Cost Estimator for Pre-Trade Analysis, a mobile application that estimates pre-trade costs based on current market conditions. “Traditional pre-trade transaction cost models ...
Potential merger of equals between Deutsche Börse AG (“Deutsche Börse”) and London Stock Exchange Group plc (“LSE”)
February 25th, 2016
Deutsche Börse: Further to recent speculation, the Management Board of Deutsche Börse and the Board of LSE confirm that they are in detailed discussions about a potential merger of equals of the two businesses (the “Potential Merger”). The Potential Merger ...
New international law firm launches
February 23rd, 2016
Gowling WLG, a new international law firm created by the combination of Gowlings, a leading Canadian law firm, and Wragge Lawrence Graham & Co (WLG), a leading UK-based international law firm, launched on 22 February. With more than 1,400 ...
Dollar on track for steep weekly losses
February 12th, 2016
The dollar nursed losses on Friday that have put it on course for steep weekly drops against major currencies, with many investors favouring the perceived safe-haven appeal of the yen amid sinking global markets. Japanese markets were closed for a ...
Goldman Sachs Abandons Five of Six ‘Top Trade’ Calls for 2016
February 11th, 2016
New York bank closes bet on dollar strength versus euro, yen Divergent-rates policy still favors greenback, Himmelberg says Goldman Sachs to clients: whoops. Just six weeks into 2016, the New York-based bank has abandoned five of six recommended top trades for the ...
Oil prices fall on U.S. storage glut, ongoing economic woes
February 11th, 2016
Oil prices slid on Thursday as record U.S. crude inventories at the Cushing delivery point and worries about a global economic slowdown weighed on markets, and Goldman Sachs said prices would remain low and volatile until the second half ...
Yellen – Fed not likely to reverse course on rates despite risks
February 11th, 2016
The Federal Reserve is unlikely to reverse its plan to raise interest rates further this year, but tighter credit markets, volatile financial markets, and uncertainty over Chinese economic growth have raised risks to the U.S. economy, Fed Chair Janet ...
Wall Street Trading Desks Upgradng Technology – And The Sales Traders That Use It
February 10th, 2016
A new breed of Wall Street sales trader is using increasingly sophisticated technology to preserve fixed income trading revenues and profits in a market defined by capital requirements and other regulations that squeeze margins, depressed trading volumes and historically ...
Deutsche Bank Shares Drop Again as European Banks Get Pummeled
February 9th, 2016
Investors are concerned about ability to navigate volatile markets Deutsche Bank AG’s shares dropped almost 10% on Monday as the battered European banking sector was hit by a fresh selloff amid investor concerns about lenders’ capital buffers and ability to ...
China’s Forex Reserves Plunge to More-Than-Three-Year Low
February 8th, 2016
The world’s largest stockpile of foreign currency fell by $99.5 billion last month China’s foreign-exchange reserves fell to the lowest level in more than three years in January, raising questions about how long Beijing can keep burning through the ...
