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Pound Rises to Highest in 2016 Hours Before Brexit Vote Begins

June 23rd, 2016 (0)
Polls had indicated vote on EU membership is too close to call Foreign-exchange traders are bracing for heightened volatility The pound climbed to the strongest level this year as the U.K. prepares to vote on membership of the European ...

Europe expected to pause after strong gains

June 21st, 2016 (0)
European stocks traded slightly lower on Tuesday, taking a breather after sharp gains seen in the previous session following polls that allayed fears of a Brexit. The pan-European STOXX 600 was down 0.13 percent with major bourses and sectors pointing in ...

Brexit is getting the blame

June 17th, 2016 (0)
Brexit is not the most important problem facing markets, it is mounting problems in the European banks. But before looking at that systemic issue, I will summarise the Brexit position, from the trenches, in the last few days before ...

CFTC announced a fine of $940,000 to a commodity futures trader for fraud

June 7th, 2016 (0)
The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge William J. Zloch of the U.S. District Court for the Southern District of Florida (Fort Lauderdale) entered an Order of Default Final Judgment (Order) against Defendant Rico Omar ...

CySec announced approved Administrative Services Providers

June 2nd, 2016 (0)
CySec has issued announcements to inform regarding the approval of two firms as Administrative Services Providers (ASP). According the announcements, the below firms have been approved: 1) Scivias Trust Management Ltd Corner John Kennedy & Irakli Araouzou Str., Christiana ...

European stocks suffer 2nd straight fall

June 2nd, 2016 (0)
European stocks finished lower Wednesday, with mining shares among the biggest laggards after lackluster Chinese manufacturing data underscored worries about the health of the world’s second-largest economy. The Stoxx Europe 600 SXXP, -0.96%  fell 1% to end at 344.12. Among financials, UniCredit ...

IG Group expects full year earnings to be ahead of expectations

May 31st, 2016 (0)
IG Group (“IG”, “the Company”), a global leader in online trading, today issues the following Trading Update for the final quarter of the financial year ending 31 May 2016, ahead of entering its close period on 1 June 2016. ...

Global financial solutions provider GoSwiff appoints new CEO

May 31st, 2016 (0)
GoSwiff International, a global financial solutions provider headquartered in Singapore, announced today the appointment of Mark Patrick as their new Chief Executive Officer. Mr. Patrick is an accomplished leader, with a track record of managing global, high-growth fintech businesses. ...

Trial Set to Open in Legal Battle Between H-P and Oracle

May 31st, 2016 (0)
Jurors are set to convene on Tuesday to hear opening arguments in a five-year legal battle that centers on Oracle Corp.’s alleged role in the decline of one of the former Hewlett-Packard Co.’s most lucrative products. The lawsuit seeks $3 billion ...

Global law firm announced the opening of an office in Honk Kong

May 27th, 2016 (0)
Pillsbury today announced the opening of an office in Hong Kong as the firm’s next step in the long-term expansion of its offering in Asia. The firm previously announced its intention to open in Hong Kong after applying for a ...
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