Search Results for: Wall Street
The latest press release from IronFX Global regarding the planned merger of IronFX, Nukkleus and FXDD
June 9th, 2016
A formal statement has been released by IronFX, Nukkleus and FXDD and can be found below. The formal statement includes comments by Emil Assentato, Nukkleus Chairman and Chief Executive Officer, Craig J. Marshak, the transaction advisor to Nukkleus and ...
Latest on IronFX Australia acquisition: Nukkleus reports for the acquisition of the 9.9% of IronFX Global’s parent company and of the 100% acquisition of IronFX Australia
June 8th, 2016
Nukkleus announced that it has initially obtained a 9.9% shareholder stake in IBIH Limited (“IBIH”) the parent company of the IronFX Global Group (“IronFX”), and has also acquired 100% of an Australian regulated entity formerly owned by IBIH. Nukkleus ...
CFTC Charges Three individuals and their companies with $2.7 Million Precious Metals and Rare Diamonds Fraud
June 8th, 2016
Massachusetts Resident Jeffrey Slemmer, Florida Residents Christian Dorrian and Adam Roth, and Their Florida-Based Companies Charged with Fraud, Engaging in Illegal, Off-Exchange Precious Metals Transactions, and Registration Violations The U.S. Commodity Futures Trading Commission (CFTC) today announced that on ...
Asian shares rise, dollar nurses losses after jobs shock
June 6th, 2016
Asian shares rose on Monday and the dollar dragged itself off its lowest levels in nearly a month after U.S. nonfarm payrolls showed the slowest job growth in more than five years, quashing expectations for a near-term U.S. interest ...
CFTC Orders Bitcoin Exchange Bitfinex to Pay $75,000
June 3rd, 2016
CFTC Orders Bitcoin Exchange Bitfinex to Pay $75,000 for Offering Illegal Off-Exchange Financed Retail Commodity Transactions and Failing to Register as a Futures Commission Merchant The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously ...
Brokerage firm agreed to pay $300,000 to settle SEC charges
June 2nd, 2016
The Securities and Exchange Commission today charged a Wall Street-based brokerage firm with failing to sufficiently evaluate or monitor customers’ trading for suspicious activity as required under the federal securities laws. An SEC investigation found that Albert Fried & ...
OPEC has turned into battleground between Saudi Arabia and Iran
May 30th, 2016
The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran, writes Rakesh Upadhyay of Oilprice.com. Relations between the two countries have reached a new low. ...
CFTC Grants Registration to 3 Swap Execution Facilities
May 27th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) announced today that it has issued Orders of Registration to three Swap Execution Facilities (SEFs), granting them fully registered status with the CFTC. The SEFs approved for registration are: GTX SEF, LLC ...
A computerized trading firm beat Banks in the rankings of the world’s biggest spot currency traders
May 26th, 2016
XTX is the first electronic specialist to break into top five Deutsche Bank was the biggest currency trader until 2014 Computerized trading firm XTX Markets Ltd. has come from nowhere to dethrone major banks including Deutsche Bank AG in the ...
Unintended Consequences, Part 1: Easy Money = Overcapacity = Deflation
May 20th, 2016
Somewhere back in the depths of time the world got the idea that easy money — that is, low interest rates and high levels of government spending — would produce sustainable growth with modest but positive inflation. And for ...
