Search Results for: brokers
KCG announces Consolidated Earnings
February 2nd, 2015
KCG One of the World’s Largest Independent Market Makers issued a press release for: Consolidated Earnings of $0.23 Per Diluted Share for the Fourth Quarter of 2014 Pre-tax income from continuing operations of $26.5 million includes a net charge ...
Tradition hires market structure experts
February 2nd, 2015
Tradition, one of the world’s largest interdealer brokers in over-the-counter commodity and financial products, has hired three experienced market structure professionals to expand its thriving hybrid and electronic businesses. John Wilson will become Managing Director within Tradition’s Strategy and ...
Finnish investment funds have significantly reduced their investments in Russia
February 2nd, 2015
Bank of Finland issued a statistic saying that: The outlook for the Russian economy was in 2014 clearly reflected in the investments by investment funds registered in Finland. During the year, investment funds’ assets in Russia decreased by nearly ...
CME Group and GFI Group Terminate Merger Agreement
February 2nd, 2015
CME Group Inc. and GFI Group Inc. announced that they have each determined to terminate their previously announced merger agreement following today’s special meeting of GFI shareholders. Preliminary results from the GFI shareholder meeting held earlier today in New ...
The third stage in the washing cycle – Integration
February 2nd, 2015
Integration It is the stage at which laundered funds are reintroduced into the legitimate economy, appearing to have originated from a legitimate source. Integration is the final stage of the process, whereby criminally derived property that has been placed ...
SMEs bear brunt of UK’s £10bn Hidden Tax Burden
January 30th, 2015
The UK tax system is costing businesses up to £10bn in hidden costs a year, with SMEs bearing the majority of this burden according to new research by AAT. Ahead of HMRC’s end-of-the-month self-assessment deadline, AAT has researched the ...
TechFinancials intends to release an IPO on London’s Alternative Market
January 30th, 2015
TechFinancials, a software developer, supplying a simplified trading solution to online brokers through whom its software is used by traders worldwide and operates OptionFair an online regulated broker, through the Group’s fully owned subsidiary B.O TradeFinancials in Cyprus has ...
Greek finance minister Yanis Varoufakis to visit London
January 30th, 2015
Yanis Varoufakis to meet George Osborne and City bankers on whistlestop tour of Europe to drum up support for Athens’ Syriza government The new Greek finance minister is to call on George Osborne and City bankers next week as part of ...
Google’s ad revenue continues to struggle
January 30th, 2015
Google remains obsessed with doing everything — from developing phones to making self-driving cars to building high-speed Internet cables — but it’s still struggling with one of the most basic ways it makes money: online advertising. The company’s earnings ...
Commodity currencies feel heat; dollar, yen, euro stable
January 30th, 2015
Commodity currencies nursed hefty losses on Friday, as investors sent the Australian dollar to 5 1/2 year lows as they bet on the Australian central bank reducing interest rates when it meets next week. While currencies from energy and resource producing countries, such ...
