Search Results for: Vest Financial
FIA: Tackling the risks of algorithmic trading
May 5th, 2015
Since the introduction of automated trading, much has changed in the operation of our markets: how to improve market structure and implement safeguards has been a key topic of conversation for both market participants and regulators for some time. ...
CEX.IO Bitcoin Exchange Officially Enters the USA Market
May 5th, 2015
CEX.IO is glad to announce the official launch of the operation in the USA. Now, US customers from certain states are able to deposit and withdraw fiat money. CEX.IO has obtained an MSB (Money Services Business) status in FinCEN, a bureau of the U.S. ...
ASIC cancels AFS licences for failing to lodge annual statements
May 5th, 2015
ASIC has cancelled the Australian financial services (AFS) licences of four licensees that failed to lodge audited annual statements. These cancellations are the result of ASIC’s most recent proactive review of the conduct of 14 AFS licensees operating in ...
Credit Suisse dropped SEC waiver request amid opposition – sources
May 5th, 2015
Credit Suisse (CSGN.VX) has quietly withdrawn a request for a waiver to raise capital more easily, after U.S. Securities and Exchange Commission staffers told the bank in recent weeks it would not win approval, people familiar with the matter told ...
Four HKEx Clearing Houses Receive Third-country CCP Recognition from ESMA
May 4th, 2015
The Board of Supervisors of the European Securities and Markets Authority (ESMA) on 27 April 2015 adopted a decision to recognise all of Hong Kong Exchanges and Clearing Limited’s (HKEx) clearing houses (CCPs) for securities, stock options, futures and ...
BaFin: Market manipulation – Pre-arranged trades and wash sales
May 4th, 2015
BaFin has published an article with important information for investors regarding Market manipulation – Pre-arranged trades and wash sales. Trading securities to gain would-be tax advantages could boomerang back to investors if the transactions involve pre-arranged trades or wash ...
Largest independent broker-dealers enjoy double-digit revenue growth
May 4th, 2015
Despite lackluster sales of commission-rich products, IBD revenues grew in line with the broad market in 2014 Despite lackluster sales in 2014 of commission-rich products such as variable annuities and nontraded REITs, the leading independent broker-dealers managed to squeeze ...
Greek Nerves Turning Asian Money Off Europe, ADB Economist Says
May 4th, 2015
Asian companies are thinking twice about their dealings with European partners as jitters persist over whether Greece will splinter the euro area, the Asian Development Bank’s chief economist said. “The private sector is trying to adjust their strategy,” Shang-Jin Wei said ...
Interim results of the Swiss National Bank as at 31 March 2015
April 30th, 2015
The Swiss National Bank (SNB) reports a loss of CHF 30.0 billion for the first quarter of 2015. The loss on foreign currency positions amounted to CHF 29.3 billion. A valuation loss of CHF 1.0 billion was recorded on ...
Banks around the world announced their First Quarter Results
April 30th, 2015
Banks around the world with international operations issued press release to annouce their Results for the First Quarter of 2015. Highlights for Credit Susisse, BNP Paribas, Royal Bank of Scotland and Bank of China are as follow: Credit Suisse ...
