Search Results for: London Stock Exchange Group
History of Bitcoin: The journey of a virtual currency
September 3rd, 2015
The biggest thing to hit the global market since the invention of currency is the word “Bitcoin”. What started merely as an alternate electronic payment system soon became the seventh wonder of modern economy. But while most of us ...
U.S. banks moved billions in trades beyond CFTC’s reach
August 24th, 2015
This spring, traders and analysts working deep in the global swaps markets began picking up peculiar readings: Hundreds of billions of dollars of trades by U.S. banks had seemingly vanished. “We saw strange things in the data,” said Chris ...
Oil Poised for Longest Weekly Losing Streak Since 1986 Amid Glut
August 21st, 2015
Oil headed for the longest run of weekly declines in almost three decades on signs the supply glut that drove prices to a six-year low will be prolonged. Futures fell as much as 1.6 percent in New York, set ...
Fidessa announced the appointment of new CFO
August 18th, 2015
Fidessa group plc (“Fidessa”) announced the appointment of Andy Skelton as Chief Financial Officer with effect from 26th October 2015. Andy Skelton will replace Andy Malpass who, as announced in February 2014, will be retiring. Andy Malpass will step down as Chief ...
Optimal Payments complete the acquisition of Skrill
August 18th, 2015
Optimal Payments Plc (LSE AIM: OPAY) has issued a press release to inform that has completed the acquisition of Skrill. The Skrill Group is one of Europe’s leading digital payments businesses providing digital wallet solutions and online payment processing ...
China’s Yuan Rate Rises for First Time Since Devaluation
August 14th, 2015
The yuan halted a three-day slide after China’s central bank raised its reference rate for the first time since Tuesday’s devaluation and said it will intervene to prevent excessive swings. The onshore spot rate was little changed at 6.4003 ...
UK government sold £2.08 billion of shares in Royal Bank of Scotland
August 5th, 2015
UK government takes first step to Privatizing Royal Bank of Scotland Group The UK bailed out RBS in 2008 and 2009 by buying shares for £45bn and supplying it with cheap funds. It sold its stake at 330p a share, ...
Nasdaq OMX, Markit Have Expressed Interest in Interactive Data Corp.
August 3rd, 2015
Sale could value IDC at more than $5 billion, including debt Nasdaq OMX Group Inc. and Markit Ltd. have expressed interest in acquiring financial data provider Interactive Data Corp., according to people familiar with the matter. Nasdaq and Markit and some private-equity firms are ...
8 Banking Giants Embracing Bitcoin and Blockchain Tech
July 28th, 2015
In its relative short history, bitcoin – and its underlying technology the blockchain – have captivated thinkers around the world, but not everyone was quick to see the potential. Due in part to its initial billing as a threat ...
Deutsche Boerse Buys 360T to Expand in Currency Trading
July 27th, 2015
Deutsche Boerse AG will buy foreign-exchange trading platform 360T for 725 million euros ($796 million) to move into the $5.3 trillion-a-day currency trading market. The agreement was signed by 360T shareholders including U.S. private equity firm Summit Partners, Deutsche ...
