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Former Citi trader tells court information-sharing was common practice: Update

September 9th, 2015 (0)
A former Citigroup foreign exchange trader claiming unfair dismissal after a currency rigging scandal told a London court on Tuesday that the activities for which he was fired were common practice at the U.S. bank at that time. Perry ...

IG says 15 clients have filed Swiss franc cases with UK ombudsman

September 9th, 2015 (0)
Around 15 IG Group clients have filed cases with Britain’s Financial Ombudsman over losses incurred during a surge in the value of Swiss Franc in January, the online trading platform’s interim chief executive told Reuters on Tuesday. IG has ...

Commission presses Member States on VAT revenue collection

September 9th, 2015 (0)
VAT revenue collection has failed to show significant improvement across EU Member States according to the latest figures released by the European Commission. Based on VAT collection figures from 2013, the overall difference between the expected VAT revenue and the amount ...

Asian stocks hold gains after China data in volatile trade

September 8th, 2015 (0)
Asian stocks edged higher on Tuesday after a six-day losing streak and the dollar firmed against the safe-haven Japanese yen, but gains were capped as a slump in China’s imports raised fears of a more severe slowdown there. China’s ...

7 Ways Accountants Provide Value to Their Clients

September 4th, 2015 (0)
“What am I getting for my money?” When you provide a service and expect people to pay you, it’s reasonable to expect they will ask this question. In most professions, establishing your worth is the value proposition. How do ...

PayPal Announces Launch of PayPal.Me Peer-to-peer Payments Similar to Square Cash or Bitcoin Wallets

September 4th, 2015 (0)
Receiving money from a friend, client or anyone else on PayPal just got a little bit easier. Today, the company announced the launch of PayPal.Me, a personal, vanity PayPal link that makes it easy to remind people to send ...

CME Group Successfully Completes First Multilateral Compression Cycle Using TriOptima’s triReduce Service

September 4th, 2015 (0)
Gross Notional Reductions Amount to $2.2 Trillion CME Group, the world’s leading and most diverse derivatives marketplace, announced today the completion of the first multilateral compression cycle in collaboration with TriOptima’s triReduce compression service. Nine CME Group IRS clearing ...

History of Bitcoin: The journey of a virtual currency

September 3rd, 2015 (0)
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 ...

Interactive Brokers Group Reports Brokerage Metrics for August 2015

September 3rd, 2015 (0)
Interactive Brokers Group, Inc. (NASDAQ GS: IBKR) an automated global electronic broker and market maker, today reported its Electronic Brokerage monthly performance metrics for August. Highlights for the month included: 737 thousand Daily Average Revenue Trades (DARTs), 49% higher ...

Global Value Chains and Rethinking Production and Trade

September 2nd, 2015 (0)
Back in the 1920s and 1930s, manufacturing often meant enormous factories that tried to bring as many activities as possible under one roof–what economists call “vertical integration.” However, the trend in recent decades has been toward “global value chains,” ...
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