Search Results for: Trading
Oil Bears Miss Out as Record U.S. Refinery Demand Drives Rally
May 25th, 2015
Oil speculators missed out as record demand from U.S. refineries helped trim supplies from their highest level in more than eight decades and drive prices higher. Hedge funds and other money managers reduced their net-long position in West Texas ...
ICAP e-Commerce launches US Agency Securities matching engine
May 25th, 2015
ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announced that ICAP Global Broking’s e-Commerce, the hybrid execution business of ICAP, has launched an US Agency Securities matching engine powered by ...
Asian shares little changed, Fed views hurt some markets
May 25th, 2015
*CPI data, Yellen speech revive U.S. rate increase expectations * Nikkei underpinned by upbeat export data, weaker yen * Crude oil steadies after Friday’s losses ahead of U.S. holiday Asian shares got off to a slow start on Monday after U.S. ...
Why Oil’s Rally Is Over
May 22nd, 2015
A lot of people have got very excited as the price of WTI has bounced back from the lows reached a few months ago. If oil fails to break and hold above $62 this time around, however, their enthusiasm ...
Top news of the day, May 22
May 22nd, 2015
1.The dollar edged lower versus a basket of majorcurrencies on Friday in the wake of unimpressive U.S. economic data, with investors awaiting speeches by major central bankers. The dollar index slipped 0.2 percent to 95.117, having backed off from ...
BNY Mellon to pay $180 million to settle foreign exchange lawsuit
May 22nd, 2015
Bank of New York Mellon Corp will pay $180 million to settle a foreign exchange-related putative class action lawsuit, the bank said in a regulatory filing on Thursday. The world’s No.1 custody bank expects to record a pretax charge ...
tradimo Introduces New Languages, with Exclusive Acquisition Opportunities for Brokers
May 22nd, 2015
One Financial Markets is the first broker to sign up to a range of exclusive partnership opportunities created by Tradimo, the market leader in online financial training. The award-winning London-based online broker has signed a six figure dollar deal ...
Nasdaq Taking Apple, Microsoft to Shenzhen With Tech Stock ETF
May 22nd, 2015
Nasdaq OMX Group Inc. is seeking to tempt Shenzhen stock investors with Apple Inc. and Microsoft Corp. amid a rally in Chinese technology shares that’s making the U.S. dot-com bubble look subdued. Nasdaq will start a exchange-traded fund in ...
Barclays to Pay $400 Million Penalty to Settle CFTC Charges
May 21st, 2015
CFTC Also Took Action Today Against Barclays and its Affiliates for Attempted Manipulation and False Reporting of the ISDAFIX Benchmark, an Interest Rate Benchmark — the First Enforcement Action Addressing Abuse of ISDAFIX Barclays Has Now Been Subject to ...
FMA secures Asset Preservation Orders over Arena Capital Limited / BlackfortFX
May 21st, 2015
The FMA confirms that it is undertaking an investigation into Arena Capital Limited (Arena), trading as BlackfortFX (Blackfort). The FMA has obtained asset preservation orders over the assets of Arena/Blackfort and associated persons, in light of concerns that investor ...
