Search Results for: UBS
Swaps Payout Is a Windfall for Funds
January 11th, 2016
Market participants, lawyers will divide up $1.9 billion settlement Here’s another way some Wall Street debt traders are making money: suing. Several hedge funds and other big credit investors are in line for payouts of tens of millions of ...
Shanghai drops 5%, Shenzhen down 6.5% in renewed sell-off
January 11th, 2016
Chinese markets extended an already rough start to the year Monday, losing further ground and other Asian markets came along for the ride lower. The Shanghai composite was down as much 5.22 percent in late-afternoon trade, while the Shenzhen Composite shed 6.5 percent. ...
Gold in 2016
January 8th, 2016
Advance signs of a global slump in economic activity emerged in 2015. Furthermore, the dollar’s strength, coupled with widening credit spreads confirms a global tendency for dollar-denominated debt to contract. These developments typically precede an economic and financial crisis ...
PBOC:The Central Parity of RMB against US Dollar Became More Market-based in 2015
January 8th, 2016
Guest Commentator of CFETS The PBC improved the quotation mechanism of the central parity of RMB against US dollar on August 11, 2015, for the purpose of having a more market-based central parity to serve as the benchmark for ...
RMB exchange rate remained generally stable against a basket of currencies in 2015
January 7th, 2016
Guest Commentator of CFETS, Jan 5, 2016 On January 4, 2016, the China Foreign Exchange Trade System published the latest readings of a series of RMB exchange rate indices. According to the latest figures, on December 31, 2015, the ...
Could Mike Tyson’s bitcoin wallet be a contender?
January 7th, 2016
Former boxing champ Mike Tyson is taking his interest in the bitcoin market a step further with the launch of a digital “wallet” for the digital currency bitcoin. Last year Tyson used his fame to sponsor an ATM that ...
Four London-based traders are being investigated by DoJ for possible manipulation
January 7th, 2016
DoJ investigates bond traders over market-rigging “What is Bond: A name for debt which is issued for a specified period of time. Depending the terms of the Bond, the issuer owes the holder/s a debt, and is obliged to pay ...
$30 Oil Just Got Closer as WTI Slides to 12-Year Low on China
January 7th, 2016
West Texas Intermediate trades at lowest since December 2003 China lowers yuan daily reference rate by most since August U.S. oil futures in New York slid to the lowest in 12 years as turmoil in China’s markets pushes crude ...
Monex’s Global DARTs trades and Global FX Volume are higher in December 2015
January 7th, 2016
Monex Group has issued a report to make publish its monthly business metrics of its subsidiaries in December 2015. According the company’s report, the Daily Average Revenue Trades (DARTs) which are the trades and transactions per day which generate revenue, ...
Asian stocks steeply lower after China suspends trade early
January 7th, 2016
China’s stocks were suspended from all trade on Thursday after the CSI300 tumbled more than 7 percent in early trade, triggering the market’s circuit breaker for a second time this week. That drop-kicked stock markets across Asia, which were already ...
