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SaxoTraderGO success prompts Saxo to close Cyprus MT4 offering

June 5th, 2015 (0)
Following the successful launch of SaxoTraderGO, Saxo’s new, intuitive, multi-asset trading platform, Saxo Capital Markets CY Ltd., a fully owned subsidiary of Saxo Bank, will cease its operations as a provider of retail MT4 solutions and its MT4 platform will be ...

Greece moves closer to eurozone exit after delaying €300m repayment to IMF

June 5th, 2015 (0)
Athens takes creditor by surprise, saying it will bundle together €1.6bn of debt payments due to International Monetary Fund and settle up on 30 June Greece has moved closer to default and possible exit from the eurozone after telling the ...

Baker & McKenzie strengthens its China funds and private equity capabilities

June 4th, 2015 (0)
Baker & McKenzie strengthens its China funds and private equity capabilities through the Joint Operation it formed with FenXun Partners The Joint Operation provides clients of both firms with an unprecedented platform to serve their international and PRC legal ...

FxPro Group May Hold London IPO as Soon as Next Year, CEO Says

June 4th, 2015 (0)
FxPro Group Ltd. may hold an initial public offering in the U.K. as soon as next year as the online currency broker considers making acquisitions and expanding into new markets. The privately held company, which in 2010 canceled an ...

Investors Start To Panic As A Global Bond Market Crash Begins

June 4th, 2015 (0)
Is the financial collapse that so many are expecting in the second half of 2015 already starting?  Many have believed that we would see bonds crash before the stock market crashes, and that is precisely what is happening right ...

NYDFS Announces Final Bitlicense Framework for Regulating Digital Currency Firms

June 4th, 2015 (0)
Benjamin M. Lawsky, Superintendent of Financial Services, today announced the release of the New York State Department of Financial Services’ (NYDFS) final BitLicense – the first comprehensive framework for regulating digital currency firms. The BitLicense – which is the ...

FTSE 100 companies to cough up £24bn in legal liabilities

June 3rd, 2015 (0)
Companies forced to delay dividends and sell off assets to pay legal costs FTSE 100 companies have warned their shareholders they face total legal liabilities of £24bn, according to Thomson Reuters. Raichel Hopkinson, head of the practical law dispute ...

China’s PMI records slight improvement

June 3rd, 2015 (0)
China‘s manufacturing activity improved slightly in May, while the service sector continued to weaken, indicating complications in the world’s second-largest economy, a survey showed yesterday. The official Purchasing Managers’ Index, a comprehensive gauge of operating conditions in large state-owned ...

Top news of the day, June 02

June 2nd, 2015 (0)
Latest news: 1. European leaders and the head of the International Monetary Fund agreed to step up the intensity of talks over Greece’s fate after an extraordinary meeting in Berlin about ways to avert a default. The top-level huddle ...

Google and Intel top charts of corporate investors in fintech

June 2nd, 2015 (0)
Financial services firms may dominate the list of corporate investors in fintech startups, but the biggest investment dollars are coming from two of the world’s largest tech companies, Google and Intel, according to data from CB Insights. The booming ...
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