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Accounting firms: Small practitioners pick apart KPMG’s SME move

January 22nd, 2015 (0)
A torrent of defiance and disbelief has been unleashed by accountancy practices across the UK after KPMG‘s recent vow to disrupt and dominate the SME market by telling small businesses “you can pay us the same as your current accountant, ...

FXCM Revises FX and Gold Margin Requirements

January 22nd, 2015 (0)
FXCM Inc. (NYSE:FXCM), a leading online provider of foreign exchange, or FX, trading and related services, announced that starting Wednesday, January 21, 2015 the firm will increase margin requirements globally on forex instruments, as well as gold in its ...

Euro Near 11-Year Low as JGBs Plunge Before ECB

January 22nd, 2015 (0)
The euro traded near an 11-year low against the dollar and Japanese 10-year yields jumped the most since 2013 amid speculation the European Central Bank will boost stimulus through asset purchases. U.S. and European equity-index futures climbed and Hong ...

SEC Announces Charges Against Standard & Poor’s for Fraudulent Ratings Misconduct

January 22nd, 2015 (0)
The Securities and Exchange Commission today announced a series of federal securities law violations by Standard & Poor’s Ratings Services involving fraudulent misconduct in its ratings of certain commercial mortgage-backed securities (CMBS). S&P agreed to pay more than $58 ...

IronFX Global announces on negative client balances

January 21st, 2015 (0)
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 ...

Davos: Bosses ‘less optimistic’ about global economy

January 21st, 2015 (0)
Chief executives are less optimistic about the economy this year than last, a survey unveiled at the World Economic Forum suggests. PwC‘s annual survey shows that just 37% think the economy will improve in 2015, down from 44% last ...

Bonds, shares, gold supported ahead of expected ECB action

January 21st, 2015 (0)
European shares held close to a seven-year high on Wednesday and Asian shares hit a six-week peak investors bet the European Central Bank would unveil a stimulus drive to boost the flagging euro zone economy. Expectations that the ECB ...

Investors cautiously optimistic ahead of ECB meeting

January 21st, 2015 (0)
US stocks recorded marginal gains on Tuesday after pairing big early losses as investors appeared uncertain about the prospects of the monetary stimulus program in Europe. The European Central Bank is expected to announce further measures of monetary expansion ...

CFTC Issues Order of Registration for the Tokyo Commodity Exchange, Inc.

January 21st, 2015 (0)
The U.S. Commodity Futures Trading Commission (Commission) announced today that it has issued an Order of Registration to the Tokyo Commodity Exchange, Inc. (TOCOM), a Foreign Board of Trade located in Tokyo, Japan. Under the Order, TOCOM is permitted ...

Gold atop $1,300 for the first time since August

January 21st, 2015 (0)
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 ...
Broker Cyprus TopFX