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On Bank of Russia key rate ( from 14.00 to 12.50%)

April 30th, 2015 (0)
On 30 April 2015, the Bank of Russia Board of Directors decided to reduce the key rate from 14.00 to 12.50 percent per annum, taking account of lower inflation risks and persistent risks of considerable economy cooling. Amid ruble appreciation and significant contraction in consumer demand in February-April 2015, monthly ...

Bank of America to Pay $180 Million to Settle Investors’ Forex Lawsuit

April 30th, 2015 (0)
BofA says cost of settlement will be covered by existing reserves Bank of America Corp. has agreed to pay $180 million to settle a lawsuit by private investors who accused the bank and others of manipulating foreign-exchange rates. The bank’s decision ...

The Financial Markets Now Control Everything

April 29th, 2015 (0)
The entire economic and political structure is now dependent in one way or another on the continued expansion of financial markets. The financial markets don’t just dominate the economy–they now control everything. In 1999, the BBC broadcast a 4-part ...

Easier Access to Simpler Funds for Retail Investors

April 29th, 2015 (0)
From today, retail investors can expect easier access to a wider range of investment funds, including exchange-traded funds (ETFs). This enhancement is part of the Monetary Authority of Singapore’s (MAS) broader effort to expand the range of simple, low-cost investment ...

Marco Baggioli Swaps BNP for ADS

April 29th, 2015 (0)
Marco Baggioli, Global Head of FX Prime Brokerage at BNP Paribas, is joining ADS Securities London Limited to take up the role of Chief Operating Officer. He will start work after the 1st July 2015 reporting to ADS London’s Managing Director, James ...

Integral Launches First Subscription-Based FX Exchange

April 29th, 2015 (0)
$275 per month for unlimited screen-based trading Direct, indirect and resting order liquidity in a single book Open to all market participants  Integral Development Corp., the leading OTC FX network, today announced the public availability of OCX™, the Open ...

ayondo receives CHF 6m for international expansion

April 29th, 2015 (0)
• Asia in focus • Strong demand for Social Trading In the course of its international expansion plans, with a focus on Asia the ayondo group announced today that it has received an additional CHF 6 million in funding ...

Bank of Thailand: Monetary Policy Committee’s Decision on 29 April 2015

April 29th, 2015 (0)
Mr. Mathee Supapongse, Secretary of the Monetary Policy Committee (MPC), announced the outcome of the meeting on 29 April 2015 as follows. The committee voted 5 to 2 to reduce the policy rate by 0.25 percentage point from 1.75 ...

Twitter Reports First Quarter 2015 Results; Lowers Full-Year 2015 Expectations

April 29th, 2015 (0)
Twitter, Inc. (NYSE: TWTR) today announced financial results for the quarter ended March 31, 2015, and outlined lower 2015 expectations. Q1 revenue of $436 million, up 74% year-over-year, slightly below the previously forecast range of $440 million to $450 ...

Moody’s: New Spanish securitisation law aims to boost domestic financial sector

April 28th, 2015 (0)
Spain’s new securitisation law, which aims to stimulate the country’s financial sector, will provide a more flexible framework for securitisation transactions and, as such, will be beneficial for new Spanish securitisations across the asset-backed securities and covered bond markets, ...
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