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IronFX Global announces on negative client balances
January 21st, 2015
IronFX Global has issued an announcement stated that: It has fully covered any negative client balances arising from the recent SNB event. IronFX the Global Leader in Online Trading has announced that it has covered any negative client balances ...
New acquisition in technology solutions for capital markets
January 21st, 2015
With a press release, Ipero announced the acquisition of ClearMomentum Ipreo, a global leader of data, market intelligence and productivity solutions to financial services and corporate professionals, today announced its acquisition of ClearMomentum, provider of portfolio monitoring applications to ...
Gold atop $1,300 for the first time since August
January 21st, 2015
Investors are rushing back into gold, so much so that they pushed the price above $1,300 an ounce for the first time since August. In early electronic trading on Wednesday, gold for February delivery GCG5, +0.60% gained $9.10, or 0.7%, to $1,303.20 ...
FCA released about Alpari (UK) Ltd entered into Special Administration Regime
January 21st, 2015
With a FAQ, FCA informs what is the Special Administration Regime (SAR)? Why did Alpari (UK) Limited enter the SAR? and other necessary details. FAQs 1. What is the Special Administration Regime (SAR)? The SAR, introduced by the government ...
Forget Switzerland: These banks will be hit by SNB shock
January 20th, 2015
Switzerland’s shock scrapping of its currency cap could knock Swiss bank earnings by 10-15 percent, but financial firms in nearby central and eastern European countries could be worse affected, Pimco’s head of financial research told CNBC on Tuesday. “I ...
Markets advance in anticipation of the ECB meeting
January 20th, 2015
US stock markets were closed on Monday for the Martin Luther King Jr. holiday. When trading resumes today investor attention will likely be focused on earnings reports of big corporations like Morgan Stanley, Johnson & Johnson, IBM and Netflix. ...
City hedge fund manager convicted of multi-million pound fraud
January 20th, 2015
Serious Fraud Office, an independent government department in UK that investigates and prosecutes serious or complex fraud and corruption, released on a press statement that: A former city hedge fund manager was convicted following the Serious Fraud Office’s investigation ...
Switzerland, Italy Reach Agreement On Tax Treaty
January 20th, 2015
Italy and Switzerland have agreed an amendment to their double tax agreement to enhance tax information exchange provisions. It is hoped that the agreement will be signed before the March 2 deadline set by Italy’s new voluntary disclosure program ...
Alpari Japan K.K. is under Administartion
January 20th, 2015
Japan’s financial Services Agency released today that Alpari Japan is also under Administration following parent company Alpari (UK) Ltd. Japan’s financial Services Agency statement points that, based on both: the current situation of Alpari (UK) Limited, a parent company of ...
Gold is the New Cash: Weak Currencies Cause Gold Prices to Soar
January 20th, 2015
Gold prices have soared on the recent wave of global volatility with stock market crash in China and the Swiss national currency turmoil, exceeding $1,300-1,320/oz. One of the top-valued metal commodities and a universal monetary equivalent, gold, is heading ...