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Eurogroup sees progress on Greece but wants more, soon

May 12th, 2015 (0)
There were no positive or negative surprises at Monday’s Eurogroup for Greece as eurozone finance ministers confirmed in writing that there had been progress in talks between Athens and its lenders but that intensive work needs to be done ...

Horizon trading platform supports ETFs

May 11th, 2015 (0)
Horizon Software has released a new version of Horizon Trading Platform for electronic trading and market making of all types of Delta One products including cash, futures, ETFs and other listed products. According to an E&Y report, in 2014 ...

Visa Said in Talks to Buy Visa Europe for Up to $20 Billion

May 11th, 2015 (0)
Visa Inc., the world’s largest payments network, is in preliminary talks to buy former subsidiary Visa Europe Ltd. in a deal that may be valued at as much as $20 billion, people with knowledge of the matter said. The ...

FXCM Inc. Announces First Quarter 2015 Results

May 11th, 2015 (0)
Releases April 2015 Customer Trading Metrics First Quarter 2015 Highlights: U.S. GAAP trading revenues from continuing operations of $69.2 million U.S. GAAP net loss attributable to FXCM Inc. from continuing operations of $393.3 million or $8.35 per fully diluted share U.S. GAAP revenues from discontinued operations of $28.8 million ...

ISDA and Markit Launch New EMIR Clearing Classification Tool on ISDA Amend

May 11th, 2015 (0)
The International Swaps and Derivatives Association, Inc. (ISDA) and Markit today announced the launch of the EMIR Clearing Classification Tool on ISDA Amend. ISDA Amend is an online service from ISDA and Markit that facilitates compliance with certain European ...

Crude-Oil Bulls Threatened as Shale Patch Revives Drilling Plans

May 11th, 2015 (0)
The rally in crude oil is reviving the U.S. shale boom, threatening speculators who are the most bullish on prices since July. Money managers increased their net-long position in West Texas Intermediate crude by 3.9 percent in the seven ...

Euro slips on Greek woes, rate cut speculation hits kiwi

May 11th, 2015 (0)
Euro on defensive as nerves take hold before Eurogroup meeting Dollar/yen steady after jobs data fails to provide spark Kiwi slides to near two-month low on RBNZ rate cut speculation Pound stands tall after election, BOE, fundamentals eyed again ...

CRYEX announces new institutional FX and digital currency marketplace and clearing house

May 8th, 2015 (0)
10 M USD funding led by White Star Capital and Northzone CRYEX today announced the filing of an application with the Swedish Finansinspektionen (SFSA) to become a regulated clearing organization and create a member-only marketplace with clearing and settlement ...

Ericsson Sues Apple in Europe Over Phone Patent Royalties

May 8th, 2015 (0)
Ericsson AB said it sued Apple Inc. in three countries as it ratcheted up a global licensing battle between the companies. The suits in Germany, the U.K. and the Netherlands add to U.S. filings seeking a patent-licensing agreement for technologies fundamental ...

The Challenges Facing Bitcoin Payments Adoption

May 8th, 2015 (0)
While several online retailers have made the move to integrate bitcoin payments on their platforms, it seems that gaining mainstream acceptance is still a huge challenge. During the first Virtual Currency Today Summit held by Networld Media Group, bitcoin ...
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