Search Results for: assets
Why the Fed Has to Raise Rates
December 4th, 2015
No empire has ever prospered or endured by weakening its currency. A great many insightful commentators have made the case for why the Fed shouldn’t raise rates this month–or indeed, any other month. The basic idea is that the ...
Saxo Bank released Monthly basis Key Figures
December 4th, 2015
Saxo Bank has issued a release to make public its monthly basis key figures for November, related to its activity, namely retail assets under management as well as daily average and monthly trading volumes. According the release, the Company ...
Gold sank to the lowest level in more than five years, Silver and platinum dropped to multiyear lows
December 3rd, 2015
Gold Drops as Top Bullion Forecaster Says Rate Rise Near Certain Fed Chair Janet Yellen signals her confidence in U.S. economy Holdings in SPDR shrink by most since 2011 as dollar climbs Gold sank to the lowest level in ...
ASIC: Former CEO of a Fund Manager Firm (in liquidation) is permanently banned
December 3rd, 2015
The Australian Securities and Investment Commission has issued a press release to inform about its decision to permanently ban former Equititrust CEO. According to ASIC, the Commission has permanently banned Mark McIvor, former Chief Executive Officer and founding director ...
Money Is Becoming Unmanageable: Hedge Funds Post Losses, Face Outflows
December 3rd, 2015
Some of the money managers who made names (and billions of dollars) for themselves in the past decade are suddenly failing: ” Hedge Funds Brace for Redemptions (Bloomberg) – When BlueCrest Capital Management told investors Tuesday ...
FXCM Completes Sale of FXCM Securities to Expobank
December 3rd, 2015
FXCM Inc. (NYSE:FXCM), a leading online provider of foreign exchange (FX) trading and related services, announced that it has completed its sale of FXCM Securities Limited., (“FXCM Securities”) to AS Expobank (“Expobank”). This is a non-material disposition of one of FXCM’s ...
How Do You Read a Trading Chart?
December 2nd, 2015
As a beginner you might be feeling a little overwhelmed by the sheer amount of information contained within a trading chart. While it can be relatively easy to interpret historical data on a surface level by identifying past ...
Bank of China faces daily fine in US
December 2nd, 2015
The Bank of China will face a daily fine in the US unless it complies with a court request to give details of customers accused of selling fake goods. The bank was held in contempt of court in Manhattan ...
Yahoo Board to Weigh Sale of Internet Business
December 2nd, 2015
Board to discuss whether to proceed with a plan to spin off its investment in Alibaba, find a buyer for its core business, or both, sources said Yahoo Inc.’s board is planning a series of meetings this week to consider ...
Chinese stocks rally on rumored mortgage tax break
December 2nd, 2015
Chinese markets rallied Wednesday afternoon on speculation of an upcoming incentive to be announced by Beijing to boost the country’s lagging property market. Elsewhere, other Asian equities ended lower on Wednesday as sentiment remained shaky in the region, with ...
