Search Results for: IG Group
FCA fines Barclays £284,432,000 for forex failings
May 20th, 2015
The Financial Conduct Authority (FCA) has imposed a financial penalty of £284,432,000 on Barclays Bank Plc (Barclays) for failing to control business practices in its foreign exchange (FX) business in London. This is the largest financial penalty ever imposed ...
Top news of the day, May 20
May 20th, 2015
1. As Greek government officials expressed their confidence that a deal with the country’s creditors is close, top European officials indicated Tuesday that although there has been progress in negotiations, an agreement is unlikely before the end of the ...
Bitcoin: A Remarkable Innovation and Its Limitations
May 20th, 2015
My own sense is that popular interest in Bitcoin peaked about 12-18 months ago. Perhaps that interest will return. But for now, my sense is that Bitcoin represents a remarkable–indeed, a breakthrough–innovation which nonetheless is beginning to show its limitations. Rainer ...
First Bitcoin Index by New York Stock Exchange
May 20th, 2015
The New York Stock Exchange, part of the Intercontinental Exchange (NYSE:ICE) global network of exchanges and clearing houses, today announced the NYSE Bitcoin Index (NYXBT), the first exchange-calculated and disseminated bitcoin index. Launching today, the NYXBT Index will represent ...
Top EU officials eye deal by end-May as technical-level talks make gradual progress
May 20th, 2015
As Greek government officials expressed their confidence that a deal with the country’s creditors is close, top European officials indicated Tuesday that although there has been progress in negotiations, an agreement is unlikely before the end of the month. ...
Yahoo shares fall on worries of possible U.S. tax change on spinoffs
May 20th, 2015
Yahoo Inc (YHOO.O) shares fell 7.6 percent on Tuesday on concerns that a possible change in U.S. tax regulations would affect Yahoo’s planned spinoff of its stake in Alibaba Group Holding Ltd (BABA.N). The change – discussed by a ...
UBS to Plead Guilty on Libor, Fined by Fed in Currency Probe
May 20th, 2015
UBS Group AG said its main unit will plead guilty to fraud in the U.S. for manipulating benchmark interest rates and pay $203 million in fresh fines after the Swiss bank violated an agreement that had allowed it to ...
FIX Trading Community Survey reveals increasing take up of FIX in post-trade workflow
May 19th, 2015
FIX Trading Community Survey reveals increasing take up of FIX in post-trade workflow FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced the results of its Global Post-Trade Survey used to ...
Interactive Data Set to Launch Liquidity Indicators Service
May 19th, 2015
Tools will help firms understand their portfolios’ liquidity profiles under normal and stressed market conditions Interactive Data, a leading provider of fixed-income evaluated pricing, announced today that its Liquidity Indicators Service will be available in July. The innovative service ...
Yanis Varoufakis says Greece will have a deal within a week (Video)
May 19th, 2015
The Greek government’s coffers are running dry, but finance minister Yanis Varoufakis has good news — he thinks a bailout deal with the country’s international creditors is imminent. In a televised interview on Monday night, when pressed to give ...
