Search Results for: UBS
Proposed Acquisition of Ava Trade Ltd. and new Revolving Credit Facility
July 1st, 2015
Playtech is pleased to announce that its subsidiary, TradeFX Limited (“TradeFX”), has entered into a share acquisition agreement under the terms of which it will acquire the entire issued share capital of Ava Trade, an online B2C CFD broker ...
Moscow Man to Sue Russian Central Bank for Collapse of the Ruble
July 1st, 2015
A Russian man angry with last year’s sharp ruble devaluation is taking the Central Bank to court over its decision to cease intervening to prop up the Russian currency, news agency RIA Novosti reported Tuesday, citing the press secretary of a Moscow court. “V. A. Simonov has ...
Greeks lose Apple iCloud space as capital controls stop payments
July 1st, 2015
Some Apple Inc. customers in Greece started to experience a disruption to service on Tuesday as controls on the movement of money began to grip the indebted nation. Since Monday, Greek credit cards cannot be used to make payments ...
BNY Mellon appointed to provide alternatives depositary and administration services
June 30th, 2015
BNY Mellon, a global leader in investment management and investment services, has been appointed by alternative fund managers Saemor Capital B.V. and Pelargos Capital B.V. to provide AIFMD depositary, fund administration, and middle office and investor services for assets ...
Winners and losers emerge from fragmented FX swap rules
June 30th, 2015
The International Swaps and Derivatives Association (ISDA) has frequently warned that market fragmentation will continue and market transparency will be damaged as US and European regulators fail to reconcile their FX rule sets. Disharmony is most evident in relation ...
Deloitte acquires LRA Worldwide to provide brand and reputation management solutions to measure customer experience
June 30th, 2015
Company to join Deloitte Advisory’s Strategic Risk Services practice and will continue to expand field research offerings across hospitality, retail, health care, and other industries The combined value of the top 100 global brands is more than $3 trillion, ...
CFTC Issues Proposed Rule on Cross-Border Margin
June 30th, 2015
The U.S. Commodity Futures Trading Commission (Commission) today voted unanimously to propose a rule that would apply the Commission’s margin requirements for uncleared swaps in the context of cross-border transactions (Proposed Rule). The Proposed Rule would apply to Commission-registered ...
Plus500: Trading and Remediation Update
June 30th, 2015
Plus500, a leading online service provider for retail customers to trade CFDs internationally, today announces the following Trading and Remediation update. Trading As at close of business on 27 June 2015, the last practicable date, the Group had achieved ...
Greek referendum is a Machiavellian plot
June 29th, 2015
Alexis Tsipras gambles on Greece’s future with a sham referendum. A few days ago, in the euro summit on June 22, all indications were that Europe’s political beasts and IMF representatives were ready to accept the latest proposal of ...
Capital controls: How Greeks and tourists will be hit
June 29th, 2015
For the average Greek, capital controls have now gone from threat to reality. But what does this mean in practice? On Monday morning, employees of the National Bank of Greece, the country’s largest commercial bank, were continuing to go ...