Search Results for: US
My Global Leverage and its owner fined for Illegal and Off-Exchange Precious Metals Transactions
September 2nd, 2016
The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Andrew P. Gordon of the U.S. District Court for the District of Nevada entered an Order of default judgment (Order) against My Global Leverage, LLC (MGL), which did business in Las ...
Interactive Brokers Group Reports Brokerage Metrics for August 2016
September 2nd, 2016
Interactive Brokers Group, Inc. (NASDAQ GS: IBKR) an automated global electronic broker and market maker, reported its Electronic Brokerage monthly performance metrics for August. Highlights for the month included: 576 thousand Daily Average Revenue Trades (DARTs), 22% lower than prior year ...
Oil Prices Slide as Oversupply Comes Back Into Focus
September 2nd, 2016
Oil prices fell to a three-week low after a second day of steep losses from rising U.S. stockpiles. Crude is now on a four-session losing streak, its longest in a month and an abrupt setback just two weeks after ...
CySec announced approval of two new Cyprus Investment Firms
September 1st, 2016
Further to the announcement that “TG Traderglobal Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm), the Cyprus Securities and Commission (CySec) has issued today a new announcemnet to inform that the Commission has also approved the firm ...
Cyprus to supply gas to Egypt; new agreement signed
September 1st, 2016
Cyprus and Egypt signed an agreement on Wednesday creating the legal framework for energy companies to go ahead with their own commercial talks on the transport of natural gas from Cyprus to Egypt via a sub-sea pipeline. The agreement ...
Dubai house prices move into positive territory for first time in two years
September 1st, 2016
Dubai house prices moved into positive territory for the first time in two years in the second quarter, according to Core Savills. The property consultancy said that after seven consecutive quarterly declines, Dubai’s residential sales market grew a marginal 1 ...
Why the EU says Apple must pay Ireland $14.5 billion in tax
September 1st, 2016
The European Commission (EC) ordered Apple Inc. to pay Ireland unpaid taxes of up to 13 billion euros ($14.5 billion) on Tuesday as it ruled the firm had received illegal state aid. What is the EC alleging? The European ...
Baidu’s Ban on Bitcoin Advertisement Will Affect Digital Currency Industry
September 1st, 2016
Bitcoin industry experts have predicted a drop in the growth of the online currency following Baidu’s decision to stop all bitcoin advertisements on its search engine platform. Last week, Baidu decided to take down not only bitcoin ads but ...
CySec appproved a new Cyprus Investment Firm
September 1st, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that “TG Traderglobal Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now authorised ...
World leaders ousted for legal reasons
September 1st, 2016
Brazil’s Dilma Rousseff became the latest political leader ousted for legal reasons after the Senate voted for her impeachment Wednesday. Rousseff joins a gallery of former leaders forced to stand down either through formal impeachment proceedings or forced to ...
