Search Results for: Goldman Sachs
OPEC Struggling To Keep Up The Pace In Oil Price War
May 21st, 2015
Some market watchers, such as Cornerstone Analytics (CA), have consistently stated that the underestimation of demand, coupled with over-estimation of supply, will mask the growing call on OPEC oil in the second half of this year. CA recently noted ...
Standard Chartered Joins FXSpotStream as the 11th Liquidity Provider
May 19th, 2015
FXSPOTSTREAM ANNOUNCES THAT STANDARD CHARTERED HAS JOINED AS A LIQUIDITY PROVIDER OF FXSPOTSTREAM’S PRICE AGGREGATION SERVICE, EXPANDING FXSPOTSTREAM’S LIQUIDITY PROVIDERS TO ELEVEN GLOBAL FX BANKS FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that Standard Chartered ...
Citigroup Closes Exclusive Credit Program Following Swiss Franc Losses
May 14th, 2015
‘Alternative Credit Program’ clients were fast-tracked through less intensive version of bank’s normal credit checks Citigroup Inc. has closed down a little-known program that allowed a small group of coveted clients to make high-stakes bets on currency markets without going through ...
Banks Expected to Settle FX Probes for Billions
May 7th, 2015
Citigroup Inc., Barclays PLC, J.P. Morgan Chase & Co. and Royal Bank of Scotland Group are expected to plead guilty to rigging foreign-currency exchange rates and pay billions in combined penalties. Four big banks are expected to plead guilty ...
Exegy Announces Support for Additional Foreign Exchange Venues
May 5th, 2015
Exegy, Inc., a provider of high-performance market data normalization and distribution solutions, has today announced the availability of six new feed handlers for foreign exchange venues. The new additions expand Exegy’s broad portfolio of over 200 market data feed ...
Bank of America to Pay $180 Million to Settle Investors’ Forex Lawsuit
April 30th, 2015
BofA says cost of settlement will be covered by existing reserves Bank of America Corp. has agreed to pay $180 million to settle a lawsuit by private investors who accused the bank and others of manipulating foreign-exchange rates. The bank’s decision ...
Bitcoin brokerage Circle gets $50 million investment
April 30th, 2015
Bitcoin brokerage Circle Internet Financial Inc said it closed a $50 million (32 million pounds)investment round led by Goldman Sachs and IDG Capital Partners. The company also said it will start giving customers the ability to hold, send, and ...
Credit Suisse Goes Live Globally on FXSpotStream
April 23rd, 2015
Credit Suisse Goes Live Globally on FXSpotStream as the 10th Liquidity Provider and Commences Client Trading FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that Credit Suisse is now live as a liquidity providing bank to ...
BofA Investors Say Settlement Reached in Forex Class Action
April 17th, 2015
Bank of America Corp. investors say they’ve settled a lawsuit accusing the company of rigging prices in the foreign-exchange market. The investors, several pension and hedge funds, didn’t reveal how much the bank would pay in a statement Thursday ...
Clifford Chance advises on GF Securities (Hong Kong)’ IPO
April 15th, 2015
International law firm Clifford Chance has advised a group of 26 underwriters, led by GF Securities (Hong Kong), Goldman Sachs, Morgan Stanley, BOCOM International Securities, Deutsche Bank and Merrill Lynch on GF Securities’ HK$28 billion (US$3.5 billion) listing on ...
