FXCM and its founding partners ordered to pay a $7 Million Penalty
February 7th, 2017
CFTC Orders Forex Capital Markets, LLC (FXCM), Its Parent Company, FXCM Holdings, LLC and FXCM’s Founding Partners, Dror Niv and William Ahdout, to Pay a $7 Million Penalty for FXCM’s Defrauding of Retail Forex Customers FXCM, Niv, and Ahdout ...
CUSTOMER SUPPORT OFFICERS
February 3rd, 2017
New Customer Support Officers: ITALIAN, FRENCH, RUSSIAN, POLISH, HUNGARIAN, CZECH, DANISH, ARABIC, SPANISH, PORTUGUESE, GERMAN SPEAKERS: Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest ...
World Bank is forecasting Industrial Commodities Prices to Surge in 2017
February 2nd, 2017
The World Bank is forecasting strong gains for industrial commodities such as energy and metals in 2017, due to tightening supply and strengthening demand. In its January 2017 Commodity Markets Outlook, the World Bank is holding steady its crude ...
Dollar Hits 12-Week Low on Trump, Nikkei to Slide: Markets Wrap
February 1st, 2017
Dollar strengthens after falling Tuesday on Trump comments Japan shares erase early losses while Hong Kong stocks slump Asian stocks were mostly higher while the dollar stabilized after its worst month since March as investors weighed the impact of ...
Demand Soars for Colored Diamonds
January 28th, 2017
Last spring, Mahyar Makhzani, a Geneva-based fund manager, placed a 4.08-carat pear-shaped gem against special ultrawhite paper and peered at it through his eyeglass. He liked what he saw. Several days later, after 10 minutes of negotiation on the ...
BT facing criminal inquiry over Italy accounting scandal
January 26th, 2017
Prosecutors in Milan have confirmed an investigation into allegations of false accounting and embezzlement at BT’s Italian arm. It is being led by Fabio De Pasquale – a veteran of high-profile investigations, including a long-running inquiry into the former ...
CMC Markets published Q3 Interim management statement
January 26th, 2017
CMC Markets plc, (LSE: CMCX, “CMC” or the “Group”), a leading global provider of online retail trading, today issues its interim management statement for the period from 1 October to 31 December 2016. The third quarter saw some improvement ...
Euro could collapse in 18 months, predicts Trump’s pick for EU ambassador
January 26th, 2017
Brexiteer professor Ted Malloch, who is likely to become the United States ambassador to the European Union, has predicted the looming failure of the single European currency. In an interview with the BBC, Malloch predicts the euro “could collapse” ...
Morgan Stanley, Citigroup Charged With Misleading Investors About Forex Trading Program
January 25th, 2017
The Securities and Exchange Commission today announced that Morgan Stanley Smith Barney and Citigroup Global Markets have agreed to pay more than $2.96 million apiece to settle charges that they made false and misleading statements about a foreign exchange ...
Oil market may balance this quarter: UBS report
January 24th, 2017
The oil market looks set to rebalance earlier than expected as OPEC members cut production, according to a report from UBS. OPEC oil output has reduced significantly since the production-cut agreement made in November. Saudi Arabia has reportedly cut ...
