Search Results for: OTC
Finansinspektionen: Remark and administrative fine for two companies in the Nasdaq Group
December 14th, 2016
Nasdaq Clearing AB is receiving a remark and must pay an administrative fine of SEK 25 million. Nasdaq Stockholm AB is receiving a remark and must pay an administrative fine of SEK 30 million. Finansinspektionen (FI) has investigated how ...
Basketball superstar Michael Jordan wins major China IP legal case
December 13th, 2016
Michael Jordan has notched a major win for his intellectual property in China, winning rights to the transliteration of his name Jordan in Mandarin. Last week, the Supreme People’s Court overturned two rulings by Beijing courts in the last ...
Three major Banks fined €485 million for Euribor fix cartel
December 7th, 2016
The European Commission has fined Crédit Agricole, HSBC and JPMorgan Chase, a total of € 485 million for participating in a cartel in euro interest rate derivatives. The banks colluded on euro interest rate derivative pricing elements, and exchanged ...
What It’s better to invest in than Gold? Whiskey!
December 1st, 2016
Invest in Whiskey, It’s Better Than Gold While it gathers dust on your shelf along with your other spirits, you may be surprised to learn that your whisky might also be gathering interest—significant interest at that. Scotch single malt ...
ICAP appoints Stuart Connolly as Head of Client Product Development
November 21st, 2016
ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that it has appointed Stuart Connolly as Head of Client Product Development for its Post Trade Risk and Information (PTRI) ...
GTX Hires Edward Brown to Run Swap Execution Facility
November 21st, 2016
GTX, the institutional foreign exchange trading arm of GAIN Capital Holdings Inc., today announces the appointment of Edward Brown as Chief Executive Officer (CEO) of GTX SEF, LLC, a Swap Execution Facility (SEF). Mr. Brown joins with over 25 years’ experience in the ...
Robot lawyer Visabot is available in beta on Facebook Messenger
November 17th, 2016
Visa lawyer bot pledges to ‘help immigrants make America great again’ A bot that helps people complete visa applications to enter the United States has launched in the aftermath of the U.S. presidential election. Available in beta on Facebook Messenger, Visabot helps complete ...
Wall St. set to open little changed on election day
November 8th, 2016
Wall Street looked set to open little changed on Election Day as Americans headed to vote for their next president, with the odds currently favoring Democrat nominee Hillary Clinton. Clinton has a 90 percent chance of defeating Republican nominee ...
ASIC welcomes ‘client money’ reforms
November 8th, 2016
ASIC today welcomed the Government’s decision to proceed with ‘client money’ reforms in respect of retail OTC derivatives. ‘The reforms to the client money regime will strengthen protection of client money that is provided by retail derivative clients. By ...
GAIN Capital reports net loss of $4.7 million for 3Q 2016
November 4th, 2016
Third Quarter Net revenue of $72.2 million Net loss of 4.7 million Adjusted EBITDA1 of $3.3 million Loss per diluted share of $0.11 Adjusted loss per diluted share1 of $0.12 Nine Months Net revenue of $296.1 million Net income ...
