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What will Opec do about the oil supply?

June 3rd, 2015 (0)
With oil prices down some 40% in a year, the oil ministers of the Organization of the Petroleum Exporting Countries (Opec) are once again getting together in Vienna this week to decide whether to cut output or keep pumping ...

Athens expects proposal from creditors on Wednesday

June 3rd, 2015 (0)
Representatives of Greece‘s lenders were finalizing a set of proposed reforms for Greece on Tuesday, aimed at breaking an impasse in negotiations and allowing crucial rescue loans to be unlocked, even as Greece said it had submitted its own ...

ISA License Application Stage for Existing Trading Platforms (FOREX) is Concluded

June 2nd, 2015 (0)
Israel Securities Authority Chairman, Prof. Shmuel Hauser: “Regulating FOREX activity is designed to ensure that the platforms will be managed properly, while protecting investors’ funds. After licenses are issued, trading platforms will operate in regulated settings according to rules ...

ISDA Announces SIMM Licensing Program

June 2nd, 2015 (0)
The International Swaps and Derivatives Association, Inc. (ISDA) today announced the launch of a licensing program for ISDA’s proprietary and patent-pending Standard Initial Margin Model (SIMM) for non-cleared derivatives, offered commercially under the name ISDA SIMM™. The purpose of ...

PwC appoints Global Financial Crime Leader

June 2nd, 2015 (0)
PwC announced today that David Grace has been appointed as Global Financial Crime Leader for PricewaterhouseCoopers International Limited. David, a Senior Partner and member of PwC’s Global Financial Services Leadership and Executive Teams, will lead a global network of ...

Statement by Glenn Stevens, RBA Governor: Monetary Policy Decision

June 2nd, 2015 (0)
At its meeting today, the Reserve Bank of Australia (RBA) Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, but some key commodity prices are much lower than ...

Top news of the day, May 29

May 29th, 2015 (0)
1. China’s campaign to turn the tightly controlled yuan into a global currency is crossing a new threshold, as the government plans to make it easier for individuals and companies to invest overseas. The latest initiative, expected to be ...

Commonwealth Bank to launch Ripple payments between its subsidiaries

May 29th, 2015 (0)
CIO of the bank, David Whiteing, believes digital currency technology like Ripple is where the future of payments is heading The Commonwealth Bank of Australia (CBA) will soon launch Ripple technology for its subsidiaries to transfer payments between them, ...

FBN Securities Goes Live on SS&C’s MarketTrader

May 29th, 2015 (0)
SS&C’s institutional broker-dealer order management system positions FBN for growth SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced FBN Securities (FBN) selected SS&C MarketTrader™ as its Order Management System (OMS). ...

China to Ease Limits on Overseas Investments

May 29th, 2015 (0)
Beijing advances goal to make yuan a reserve currency with plan to ease capital controls China’s campaign to turn the tightly controlled yuan into a global currency is crossing a new threshold, as the government plans to make it ...
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