Search Results for: assets
SEC Charges Brokerage Firm Co-Owners With Defrauding Investors
May 21st, 2015
The Securities and Exchange Commission today announced fraud charges against the co-owners of a Manhattan-based brokerage firm. The SEC alleges that as Arjent LLC and its UK-based affiliate Arjent Limited were approaching insolvency, chairman and CEO Robert P. DePalo ...
ECB Modestly Boosts Emergency Lending for Greek Banks
May 21st, 2015
Europe’s central bank extends lifeline to financial institutions, as tense debt talks between Athens and creditors continue The European Central Bank on Tuesday increased the amount of money Greek banks can borrow under an emergency lending program, according to ...
Bitcoin: A Remarkable Innovation and Its Limitations
May 20th, 2015
My own sense is that popular interest in Bitcoin peaked about 12-18 months ago. Perhaps that interest will return. But for now, my sense is that Bitcoin represents a remarkable–indeed, a breakthrough–innovation which nonetheless is beginning to show its limitations. Rainer ...
Sarao Loses Bail Appeal as Judge Says He Is a ‘Flight Risk’
May 20th, 2015
Navinder Singh Sarao lost a bid to secure bail while he fights extradition to the U.S. on market-manipulation charges as a judge said the 36-year-old trader was a clear flight risk. Judge Ross Cranston refused to remove or reduce ...
First Bitcoin Index by New York Stock Exchange
May 20th, 2015
The New York Stock Exchange, part of the Intercontinental Exchange (NYSE:ICE) global network of exchanges and clearing houses, today announced the NYSE Bitcoin Index (NYXBT), the first exchange-calculated and disseminated bitcoin index. Launching today, the NYXBT Index will represent ...
Yahoo shares fall on worries of possible U.S. tax change on spinoffs
May 20th, 2015
Yahoo Inc (YHOO.O) shares fell 7.6 percent on Tuesday on concerns that a possible change in U.S. tax regulations would affect Yahoo’s planned spinoff of its stake in Alibaba Group Holding Ltd (BABA.N). The change – discussed by a ...
FXPRIMUS announced a new Promotion
May 19th, 2015
FXPRIMUS extends redeemable financial incentives of up to $6,000 to new clients, via ground-breaking new Broker to Broker Promotion FXPRIMUS is delighted to announce the launch of its most ground-breaking campaign to date – the Broker to Broker Promotion, ...
Interactive Data Set to Launch Liquidity Indicators Service
May 19th, 2015
Tools will help firms understand their portfolios’ liquidity profiles under normal and stressed market conditions Interactive Data, a leading provider of fixed-income evaluated pricing, announced today that its Liquidity Indicators Service will be available in July. The innovative service ...
IFRS 9 could hike banks’ loan loss provisioning by 50%
May 19th, 2015
BANKS could be forced to set aside as much as 50% more capital to cover possible future losses from bad loans under new accounting rules on credit exposures, research by Deloitte has found. According to Deloitte’s Fifth Global IFRS Banking ...
E*TRADE Financial Corporation Reports Monthly Activity for April 2015
May 18th, 2015
E*TRADE Financial Corporation (NASDAQ:ETFC) released its Monthly Activity Report for April 2015. Daily Average Revenue Trades (“DARTs”) for April were 157,442, a one percent decrease from March and an eight percent decrease from the year-ago period. The Company added ...
