Search Results for: VAT
Moscow Exchange to reduce margin rates for the FX, Equity & Bond and Derivatives markets
June 2nd, 2015
Effective 8 June 2015 Moscow Exchange will decrease new minimum initial margin requirements on its FX, Equity & Bond and Derivatives markets. On the FX Market initial margin rates will be reduced from 11% to 9%; on the Equity & Bond ...
Citi Announces Top Innovations from Citi Mobile Challenge in Jerusalem, London, Nairobi, and Warsaw
May 28th, 2015
Global Financial Technology Challenge showcases new FinTech solutions fueling innovation and inclusive finance Today Citi announced the top innovations from the Citi Mobile Challenge in Europe, the Middle East and Africa (EMEA). This global initiative launched in EMEA in February ...
LCH.Clearnet launches buy-side clearing of FX derivatives in Europe
May 26th, 2015
European offering expands on ForexClear’s US client clearing model Four banks signed up as clearing brokers Variety of account structures provide end users with increased protection and asset segregation LCH.Clearnet Limited (“LCH.Clearnet”), the global clearing house, today announced ...
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 ...
eXtremeDB Financial Edition DBMS Powers Innovation in TradeStation’s Next-Gen Order Execution System
May 21st, 2015
With rollout approaching for its order execution system incorporating the eXtremeDB® Financial Edition database management system (DBMS), TradeStation is finding that the specialized DBMS for financial systems from McObject® delivers the expected performance boost – and that eliminating data management latency makes ...
Bitcoin: A Remarkable Innovation and Its Limitations
May 20th, 2015
My own sense is that popular interest in Bitcoin peaked about 12-18 months ago. Perhaps that interest will return. But for now, my sense is that Bitcoin represents a remarkable–indeed, a breakthrough–innovation which nonetheless is beginning to show its limitations. Rainer ...
Investors Leery of Separate Accounting Standards for Private Companies
May 19th, 2015
The majority of investors are apprehensive about the creation of separate accounting standards for private companies, and the argument in favor of such standards “doesn’t withstand scrutiny,” according to a new report by the CFA Institute. The study, Addressing Financial Reporting ...
Greece, Troika Talking Through Single VAT Rate
May 14th, 2015
Greece is under pressure to adopt a single rate of value-added tax, in ongoing talks with the troika of international lenders. The International Monetary Fund has proposed that Greece should adopt a value-added tax rate of 18 percent, which ...
Playtech seals deal for online trading platform AvaTrade
May 14th, 2015
Israeli billionaire Teddy Sagi’s Playtech, a provider of online gaming and sports-betting software, has bought currency trading platform AvaTrade, a source with knowledge of the deal said on Wednesday. The purchase exercises an option held a month ago when ...
IP private wire service Trader Voice Anywhere connects voice traders to new markets faster
May 14th, 2015
Colt partners with GemaTech and TTC Solutions to deliver Trader Voice Anywhere Enables private wire service to turrets, IP phones and tablets Uses existing TDM turrets providing IP benefits without CAPEX investment Colt, GemaTech and TTC announced the launch ...