Search Results for: One Financial Markets
BGC Partners completes acquisition of Sunrise Brokers
December 21st, 2016
BGC Partners, Inc. (NASDAQ: BGCP) (“BGC Partners,” “BGC,” or “the Company”) a leading global brokerage company servicing the financial and real estate markets, today announced that it has completed the acquisition of the businesses of Sunrise Brokers Group (“Sunrise Brokers”), ...
Trader and a trading company ordered to pay $2.5 Million Penalty
December 21st, 2016
Federal Court Orders Chicago Trader Igor B. Oystacher and 3Red Trading LLC to Pay $2.5 Million Penalty for Spoofing and Employment of a Manipulative and Deceptive Device, while Trading Futures Contracts on Multiple Futures Exchanges The Court’s Order Finds ...
CySec announced Continuance of suspension and commencement of proceedings for the possible withdrawal of a CIF license
December 20th, 2016
Following the announcement dated 29th September 2016, the Cyprus Securities and Exchange Commission (CySec), after a decision at the meeting dated 28th November 2016, announces that the authorisation of the Cyprus Investment Firm Best Choice FBC Ltd (‘the Company’), ...
Bitcoin crushed every other currency in 2016. Here are five reasons why
December 20th, 2016
Bitcoin, that nebulous digital currency that trades in cyberspace and is “mined” by code-cracking computers, emerged as a better bet this year than every major currency, stock index and commodity contract. The electronic coin that trades – and is ...
SEC Charges Three Individuals and Broker-Dealer With Violating Market Structure Rules
December 19th, 2016
The Securities and Exchange Commission today announced settled cease-and-desist proceedings against the CEO of a Utah-based broker-dealer and two registered persons associated with the firm for causing the firm’s violations of SEC market structure rules, and contested administrative and ...
Major Economic Warning Sign: The Euro Is Heading For Parity With The U.S. Dollar
December 19th, 2016
The collapse of the euro is accelerating, and it looks like we could be staring a major European financial crisis right in the face early in 2017. On Thursday, the EUR/USD fell all the way to $1.0366 at one ...
KPMG UK has announced an increase in revenues; breaks £2bn barrier
December 19th, 2016
KPMG has announced an increase in revenues from £1,958m to £2,068m. Mid-market tax, transaction services and management consulting achieved double digit growth The firm created approximately 1,500 new jobs, with total staff now just over 13,000 KPMG, the professional ...
Spains first Fintech incubator and accelerator wants to attract international companies
December 19th, 2016
Spains first Fintech incubator and accelerator wants to attract talents and start-ups from Europe and Latin America. The program includes a 16 weeks incubation in Spain and continues to use a collaborative approachas it does not require any stake ...
Former Goldman Sachs trader refuses to return stolen trade secrets
December 19th, 2016
A former Goldman Sachs banker who stole his employer’s trade secrets has ignored an order to surrender them, in order to cash in on profits after his release from prison, a London court was told. Jurors at Southwark Crown ...
ESMA updates MiFID II Q&A on Investor Protection
December 19th, 2016
The European Securities and Markets Authority (ESMA) has added new Q&As to its Questions and Answers (Q&A) document on the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR). This Q&A ...
