Search Results for: MoU
AMF Enforcement Committee sanctions Virtu Financial Europe and Euronext Paris
December 10th, 2015
On 4 December 2015, the Enforcement Committee handed down a penalty of €5 million to Virtu Financial Europe for market manipulation and ignoring Euronext market rules. It also handed down a penalty in the same amount to Euronext Paris ...
Asian markets trade lower, China bucks trend on IPO reform news
December 10th, 2015
Chinese stocks bucked a generally downward trend in Asian markets on Thursday to trade in positive territory after news broke that Beijing will finally introduce much-need IPO reforms. Oil prices, which remain under pressure due to a global supply ...
Yahoo Provides Update on Planned Spin Off of Remaining Stake in Alibaba Group
December 9th, 2015
Yahoo! Inc. (NASDAQ: YHOO) today announced that its Board of Directors, after careful review and consideration of how to best drive long-term value for shareholders, has unanimously decided to suspend work on the pending plan, announced in January of 2015, ...
BCSC panel issues lifetime ban against self-employed “Forex” trader
December 9th, 2015
A British Columbia Securities Commission (BCSC) panel has fined and permanently banned Hong Liang Zhong from the province’s capital markets for fraud, unregistered trading and offering clients false guarantees to reimburse them for any losses. In May 2015, the panel found ...
Bitcoin’s Creator Satoshi Nakamoto Is Probably This Unknown Australian Genius
December 9th, 2015
Even as his face towered 10 feet above the crowd at the Bitcoin Investor’s Conference in Las Vegas, Craig Steven Wright was, to most of the audience of crypto and finance geeks, a nobody. The 44-year-old Australian, Skyping into ...
Greece woos Egyptian leader after huge gas discovery
December 9th, 2015
Greece‘s political and business leaders promised to expand trade deals with Egypt during meetings Tuesday with the country’s leader, President Abdel-Fattah el-Sissi, following a massive offshore natural gas discovery in the southern Mediterranean. “There are enormous opportunities for cooperation ...
Egyptian pound steady at forex auction, dips on black market
December 9th, 2015
Central bank surprised markets when it strengthened the pound on November 11 by 20 piastres against the dollar The Egyptian pound held steady at an official foreign currency auction on Tuesday and weakened slightly on the black market Egypt, ...
Nasdaq to Acquire Chi-X Canada
December 9th, 2015
Expands Equity Trading Beyond U.S. and Nordics Nasdaq (Nasdaq:NDAQ) today announced that it will acquire Chi-X Canada, an Alternative Trading System for Toronto Stock Exchange (TSX) and TSX Venture Securities, from Chi-X Global. The acquisition will provide Nasdaq with ...
EU finances the Single Resolution Fund
December 9th, 2015
ECOFIN Ministers reaffirm the importance of deepening the Banking Union in the context of a well-functioning Economic and Monetary Union. Following the successful establishment of the Single Supervisory Mechanism (SSM), we welcome the forthcoming entry into force of the ...
Asian stock markets end lower; economic data in focus
December 9th, 2015
Asian equities ended lower on Wednesday as major markets such as Japan and China released economic data. Oil prices also ticked up during Asian trading session after closing near six-year lows overnight. The U.S. West Texas Intermediate (WTI) crude futures were ...
