Oil prices fall as China share crisis worsens, traders hedge for further drops
July 8th, 2015
Oil futures fell again on Wednesday as worries over the Greek debt crisis and China’s stock market turmoil outweighed an expected U.S. inventory drop, with traders anticipating further drops. Chinaoil prices’s stocks tanked further on Wednesday in a deepening ...
Barclays brokers sniff at Stifel, jump to Merrill
July 1st, 2015
BofA has added 15 ex-Barclays advisers in the past month and recently picked up a $750 million team in Texas Fifteen advisers, including most recently a team in Texas managing $750 million in assets, have fled Barclays Plc U.S. ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
Noble Group Denies Repos Use, Slams Iceberg as Not Credible
June 17th, 2015
Asia’s largest commodity trader Noble Group Ltd. took on its critics today with an open letter defending its accounting methods and valuations of a coal asset. Noble has seen its shares drop more than 40 percent since a group ...
Justice Department Readies New Bank Settlements
June 5th, 2015
Federal and state officials are preparing the next round of billion-dollar mortgage settlements involving U.S. and European banks Up to nine banks are in line for the next round of billion-dollar payments related to soured mortgages as federal and ...
Asian shares turn higher as China rallies, dollar up
May 26th, 2015
Asian shares turned higher on Tuesday, reversing earlier losses on the back of gains in Hong Kong and China, while the dollar extended highs scaled in holiday-thinned trading in the previous session. European shares marked a weak finish in ...
Asian shares slip, but Japan GDP surprise lifts Nikkei
May 20th, 2015
Asian shares slipped on Wednesday after a mixed day on Wall Street, though Japan’s better-than-expected economic growth lifted the Nikkei to a nearly one-month high. The euro remained pressured by expectations that the European Central Bank would increase its ...
Standard Chartered Joins FXSpotStream as the 11th Liquidity Provider
May 19th, 2015
FXSPOTSTREAM ANNOUNCES THAT STANDARD CHARTERED HAS JOINED AS A LIQUIDITY PROVIDER OF FXSPOTSTREAM’S PRICE AGGREGATION SERVICE, EXPANDING FXSPOTSTREAM’S LIQUIDITY PROVIDERS TO ELEVEN GLOBAL FX BANKS FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that Standard Chartered ...
Bank of America to Pay $180 Million to Settle Investors’ Forex Lawsuit
April 30th, 2015
BofA says cost of settlement will be covered by existing reserves Bank of America Corp. has agreed to pay $180 million to settle a lawsuit by private investors who accused the bank and others of manipulating foreign-exchange rates. The bank’s decision ...
Credit Suisse Goes Live Globally on FXSpotStream
April 23rd, 2015
Credit Suisse Goes Live Globally on FXSpotStream as the 10th Liquidity Provider and Commences Client Trading FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that Credit Suisse is now live as a liquidity providing bank to ...