Search Results for: OSC
What the OPEC Production Cut Will Really Mean for Oil Prices
December 1st, 2016
Crude oil prices–and the shares of U.S. oil and gas companies–surged over 8% Wednesday as the Organization of Petroleum Exporting Countries (OPEC) agreed to cut its output by some 1.2 million barrels a day to end a global glut. ...
Saxo Bank taps Fix8Pro for global market connectivity
November 29th, 2016
Fix8 Market Tech, the next-gen FIX solution provider, today announced their technology had been chosen by Saxo Bank A/S. Saxo Bank will use Fix8Pro© as part of a new high performance market connectivity engine. Chief Technology Officer Michel Andre ...
Dollar Extends Retreat as Metals Advance With Asian Equities
November 28th, 2016
Oil in New York holds losses near $46 before OPEC meeting Lead, zinc surge; emerging currencies, gold also advance The dollar fell the most since September versus major peers as traders focused on events this week that could derail ...
MOEX starts charging the transaction fee for Flood Control errors
November 24th, 2016
On December 1st, 2016 Moscow Exchange starts charging the transaction fee for Flood Control errors. The fee is designed to stimulate the appropriate use of the Exchange”s IT infrastructure and to increase the quality of service to the market ...
Western firms invest billions in Russia as economy returns to growth
November 24th, 2016
A number of large Western corporations are increasing investment in Russia, with the country’s economy recovering from its deep decline, according to Bloomberg. Global retailers like Sweden’s IKEA and France’s Leroy Merlin have started pouring billions of dollars into ...
Italy referendum result could send shockwaves through markets and destroy Europe
November 17th, 2016
Analysts believe the outcome of the ballot on constitutional reform could have massive global implications. With many European leaders already coming under severe pressure from anti-EU parties ahead of elections next year the significance of the Italian result is ...
Dubai named among world’s most reputable cities; Which city take the first place and which are taking the last spots
November 14th, 2016
Dubai has been named among the most reputable cites in the world, according to Boston-based The Reputation Institute, a reputation-management consulting firm. In its 2016 City RepTrak report, the emirate was placed Dubai 38th globally with Sydney, Australia, taking ...
Trump Victory Causes ‘Serious Concerns’ in Middle East
November 10th, 2016
Many worry about his attitude toward Muslims, while regional strongmen embrace his apparent attitude toward human rights Donald Trump’s election generated concern in the Middle East over his stance on Muslims and immigrants as well as uncertainty about how ...
London ‘flash crash’ trader faces up to 30 years in US jail after admitting to spoofing
November 10th, 2016
Navinder Singh Sarao, who operated from parents’ UK home, also agreed to pay US government $12.8m. A trader who operated from his parents’ home in London faces up to 30 years in jail in the US, after pleading guilty ...
ASIC and Ontario Securities Commission sign agreement to support fintech companies
November 3rd, 2016
Innovative fintech companies in Australia and Ontario, Canada will be able to draw on support from the combined resources of their financial regulators as they seek to operate in the others’ market, under a new agreement. Under the agreement, signed ...
