Search Results for: assets
Global Markets Exchange Group takes stake in Avenir Technology
January 28th, 2015
GMEX issued a press release announcing that: Today, GMEX has taken a strategic stake, through its GMEX Technologies Limited (GMEX TECH) subsidiary, in the UK based post-trade software firm Avenir Technology Limited (Avenir). Avenir has developed a suite of ...
U.S. oil well shut-ins start as crude rout batters small producers
January 27th, 2015
Collapsing crude prices are confronting scores of smaller U.S. oil producers with the grim choice of either shutting older high-cost wells or burning through cash in the hope of riding out the downturn. As oil prices fell by more ...
Swiss Franc’s Leap Lifts Some FX Brokers
January 26th, 2015
Even as some foreign-exchange brokers that focus on serving retail customers were getting hammered by the surprise surge in the Swiss franc earlier this month, other firms that deal mostly with big banks, hedge funds and other large clients ...
FXCM Provides Business Update
January 26th, 2015
FXCM Inc. (NYSE:FXCM), released on January 23 an update on its business as well as a statement from Chief Executive Officer, Drew Niv, on FXCM’s month-to-date metrics along with the firm’s current plans to pay down its debt. Richard Handler, Chief Executive Officer, and Brian ...
The second stage in the washing cycle – Layering (Video)
January 26th, 2015
Layering Layering is the process of separating the proceeds of criminal activity from their origin through the use of many different techniques to layer the funds. These include using multiple banks and accounts, having professionals act as intermediaries and ...
GFG Weekly Market Insight – 2015: U.S. Dollar Poised to Go Higher But Why? (week 19 Jan 2015)
January 23rd, 2015
We believe that the U.S. dollar index is poised to continue moving higher on the back of its 2014 rally. Our view is based on the bullish long-term chart technicals that are behind our target of 120 set back in ...
What Draghi’s Bond Buying in Europe Means for U.S. Debt Markets
January 23rd, 2015
The European Central Bank’s resolve to funnel more than a trillion dollars into the region’s capital markets may be a boon for borrowers across the Atlantic. ECB President Mario Draghi unveiled a bond-purchase program to ward off signs of ...
Revenge of Disaffected Europe Risks Crisis Sparked in Greece
January 22nd, 2015
They speak different languages, they come from different backgrounds, yet all have the same message of frustration that’s threatening to redraw the European political map over the next year. Starting with elections this Sunday in Greece and heading west ...
Markets edge higher anticipating ECB stimulus plan
January 22nd, 2015
US stocks finished Wednesday’s volatile session with marginal gains as investors expect the European Central Bank to unveil the monetary stimulus program at its meeting on Thursday. Investor confidence was further boosted by rising oil prices. The market advance ...
Metro Bank grows 118% in 2014
January 22nd, 2015
Deposits increase to £2,867 million; representing year on year growth of 118% Total loans grow to £1,597 million, a year on year increase of 112% Loans to business customers make up almost half of total lending Metro Bank, the ...
