Search Results for: SEC
Greece’s economy grew in the second quarter
August 13th, 2015
Greek Economy Unexpectedly Surged Before Capital Controls Greece’s economy grew in the second quarter in a surprise surge just before the standoff between the government and its creditors forced officials to impose capital controls. The Hellenic Statistical Authority in ...
SEC Charges ITG With Operating Secret Trading Desk and Misusing Dark Pool Subscriber Trading Information
August 13th, 2015
The Securities and Exchange Commission today announced that ITG Inc. and its affiliate AlterNet Securities have agreed to pay $20.3 million to settle charges that they operated a secret trading desk and misused the confidential trading information of dark ...
SEC Charges 32 Defendants in Scheme to Trade on Hacked News Releases
August 12th, 2015
Hackers, Traders Allegedly Reaped More Than $100 Million of Illegal Profits The Securities and Exchange Commission today announced fraud charges against 32 defendants for taking part in a scheme to profit from stolen nonpublic information about corporate earnings announcements. ...
CySec: Withdrawal of the Alternative Investment Fund Manager authorisation Iliad Investments Ltd (ex PP&F Capital Ltd)
August 7th, 2015
The Cyprus Securities and Exchange Commission (‘CySec’) announces that, on its meeting dated 27.07.2015, decided to compulsory withdraw the authorisation of the Alternative Investment Fund Manager «Iliad Investments Ltd» (the ‘AIFM’), with registration number AIFM07/56/2013, pursuant to section 12(a) ...
FXCM Inc. Announces Second Quarter 2015 Results
August 7th, 2015
Second Quarter 2015 Highlights: U.S. GAAP revenues from continuing operations of $60.5 million U.S. GAAP net loss attributable to FXCM Inc. from continuing operations of $98.9 million or $2.03 per fully diluted share U.S. GAAP revenues from discontinued operations of $21.5 million U.S. GAAP net income attributable ...
GAIN Capital Reports Second Quarter 2015 Results
August 6th, 2015
Second Quarter Highlights Net revenue of $111.6 million, up 60% Net income of ($8.8) million, compared to ($5.2) million Adjusted EBITDA1 of $9.2 million, compared to ($1.5) million Earnings per diluted share of ($0.23), compared to ($0.13) Cash earnings per diluted share1 of $0.06, up from a loss of ($0.05) ...
CySec announces the suspension afresh of the authorisation of a Cyprus Investment Firm
August 6th, 2015
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that: Following previous announcements dated 12 June 2015 and 2 July 2015, the Cyprus Securities and Exchange Commission (‘CySEC’), would like to inform the public that, ...
ITG Says U.S. Market Share Has Plunged After Announcing SEC Fine
August 5th, 2015
Investment Technology Group Inc. said its market share has fallen by a quarter in the U.S. after revealing that it may have to pay the largest fine ever imposed on the operator of a dark pool. Read also: Investment Technology ...
SFC fines BNP Paribas Securities (Asia) Limited $15 million for dark liquidity pool-related failures
August 4th, 2015
The Securities and Futures Commission (SFC) has fined BNP Paribas Securities (Asia) Limited (BNPP Securities Asia) $15 million for failures in relation to its dark liquidity pool trading services (Note 1). The disciplinary action follows an SFC investigation into ...
CySec announced an administrative fine to Banc de Binary
August 3rd, 2015
The Cyprus Securities and Exchange Commission (‘CySEC’) has notified the public that at the meeting held 6th July 2015 decided to impose an administrative fine of €22.000 to Banc de Binary Ltd for violation of the Law which provides ...
