Search Results for: banks
Spotex Deploys Azul Zing for Consistent Low Latency Trading
October 19th, 2015
ECN Running on Zing Delivers Competitive Advantage to Buy and Sell-Side Participants News Highlights: • The deployment of Zing has increased performance on the Spotex ECN by 28% • Zing has eliminated latency outliers which previously exceeded 50 milliseconds ...
India Targets Century-Old Bankruptcy Law to Revive Momentum
October 19th, 2015
Finance Ministry to receive recommendations on law this week To deepen corporate bond market and finance long-term infra Prime Minister Narendra Modi is poised to overhaul Indian bankruptcy laws that date back a century in a bid to get his ...
Oil Market Showdown: Can Russia Outlast The Saudis?
October 19th, 2015
“Two men enter, one man leaves, two men enter, one man leaves, two men enter…” Oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. This decision set crude prices on ...
Silver as money
October 16th, 2015
Gold is money, admittedly not often circulating as such today. Fiat currencies issued by governments have driven gold out of circulation. But where does this leave silver? Money-substitutes, bank notes and bank deposits, were originally backed by physical silver, ...
London Stock Exchange Group Launches New Derivatives Venture – Curveglobal
October 16th, 2015
New venture launched with a number of major dealer banks and the Chicago Board Options Exchange Short Term and Long Term Interest Rate Futures to be offered in first phase Products to be traded on London Stock Exchange Derivatives ...
CySec announced an administrative fine to CLR Overseas Ltd
October 16th, 2015
The Cyprus Securities and Exchange Commission ( CySEC ) has notified the public that at the meeting held on February 16th, 2015, decided to impose an administrative fine of €10.000 to CLR Overseas Ltd for the violation of section ...
The Common Reporting Standard: Automatic Information Exchange Goes Global
October 16th, 2015
Automatic exchange of information for tax law enforcement purposes started first in Europe with the EU Savings Tax Directive, went international with the US Foreign Accounts Tax Compliance Act, and, from 2017, will go global with the recently-agreed Common ...
Goldman Sachs profits plunge while Citigroup prospers
October 16th, 2015
US banking giant Goldman Sachs has reported a sharp fall in profits as trading activity slowed owing to concerns about global economic growth. Net profits for the three months to 30 September were $1.43bn (£927m), down more than a third ...
Investor Seeks to Hold Ernst & Young Liable for Madoff Losses
October 15th, 2015
Court papers show FutureSelect invested about $200 million Ernst & Young failed to serve as a gatekeeper for a Washington investment firm that sank millions of dollars into Bernard Madoff’s investment firm and should be held liable for its losses, ...
Asia stocks rise, dollar sags as weak U.S. data dents rate hike prospects
October 15th, 2015
Asian shares rose to 2-month highs on Thursday and the dollar struggled near multi-week lows after weak U.S. economic data added to expectations that the Federal Reserve will delay hiking interest rates. MSCI’s broadest index of Asia-Pacific shares outside ...
