Search Results for: IG Group
IAASB Issues Final Standards to Improve Auditor’s Report
January 19th, 2015
New and Revised Standards Establish ‘Step Change’ in Auditor Reporting The International Auditing and Assurance Standards Board® (IAASB®) today released its new and revised Auditor Reporting standards, designed to significantly enhance auditor’s reports for investors and other users of ...
LMAX Exchange announces partnership with Z.com Trade
January 19th, 2015
The UK’s fastest growing technology firm, LMAX Exchange, an FCA regulated MTF for FX trading, is pleased to announce its partnership with GMO-Z.com Trade UK Limited (“Z.com Trade”), a member of the Japan-headquartered GMO CLICK Holdings Inc. group of ...
Switzerland Underestimated Effect Of Currency Move On Swiss Franc
January 19th, 2015
After Switzerland’s central bank shocked global markets with a surprise currency move on Thursday, the global consensus a day later was: No more surprises, please. Currency brokers across the globe suffered deep losses, people in Geneva lined up at ...
Swiss Franc Trade Is Said to Wipe Out Everest’s Main Fund
January 19th, 2015
Marko Dimitrijevic made a smart bet in December. The hedge fund manager, wagering the Swiss franc would fall, profited after voters there rejected a plan to have the central bank hold a fifth of its assets in gold. For ...
The first stage in the washing cycle – Placement (video)
January 19th, 2015
Placement Placement is the first stage of the money laundering process. It is the process of placing, through deposits or other means, unlawful cash proceeds into traditional financial institutions. At this stage cash derived from criminal activity is infused ...
Investors fear global economy slowdown
January 16th, 2015
US stocks were traded lower on Thursday for the fifth consecutive time. Investors are concerned over global economy slowdown, which indicates a plunge in world crude oil prices, and fear that the results of American earnings reports wouldn’t meet ...
EXCEL Markets Critical Notice
January 16th, 2015
The dramatic move on the Swiss franc fueled by the Swiss National Bank’s unexpected policy reversal of capping the Swiss franc against the euro has resulted in rare volatility and illiquidity. Both our primary and backup liquidity providers became ...
Switzerland Legislates For Automatic Exchange tax-related information
January 16th, 2015
The Swiss Federal Council has launched two parallel consultations on legislation that would enable Switzerland to automatically exchange tax-related information from 2018. The first consultation concerns draft legislation arising from Switzerland’s October 2013 signature of the Organisation for Economic ...
Asian Stocks Slide With U.S. Futures, Bonds Climb on SNB
January 16th, 2015
Asian shares dropped with U.S. index futures as the market turmoil sparked by Switzerland abandoning the franc’s cap extended into a second day. Sovereign bonds rallied and gold traded near a four-month high. The MSCI Asia Pacific Index fell 0.6 percent ...
Swiss Stocks Tumble, European Equities Rise After SNB
January 15th, 2015
Stocks in Switzerland tumbled, led by the nation’s exporters, while the Euro Stoxx 50 Index rose, after the Swiss National Bank (SNBN) unexpectedly ended its minimum exchange rate. The Swiss Market Index plummeted 8.7 percent at 2:14 p.m. in ...
