Search Results for: capital gains
Trading firm Virtu Financial to buy KCG for about $1.4 billion
April 21st, 2017
Virtu Financial Inc (VIRT.O) said it would buy rival KCG Holdings Inc (KCG.N) in a $1.4 billion deal that brings together two major U.S. electronic trading and market-making firms. The deal comes at a difficult time for high-frequency trading ...
How governments tax matters for productivity
April 20th, 2017
Productivity drives our living standards. In our April 2017 Fiscal Monitor, we show that countries can raise productivity by improving the design of their tax system, which includes both policies and administration. This would allow business reasons, not tax ...
The decline and fall of the EU
April 11th, 2017
This article identifies the headwinds faced by the EU in the wake of Brexit. Without the UK, not only does the EU lose much of its importance on the world stage, but the Commission’s budget is left with an ...
What UniCredit say for the Pound to Euro exchange rate
April 10th, 2017
The British Pound might have creeped higher against most major currencies in the March to April period, but it is far too soon to call this the start of a long-term recovery argue analysts at one of Europe’s largest ...
Accounting class action lawsuits rise to highest level since 2008
April 6th, 2017
Securities class action filings with accounting allegations rose to 93 in 2016, 33 percent above the previous year and the fourth consecutive annual increase, according to a new report from Cornerstone Research. As reported in Accounting Class Action Filings ...
Kim Dotcom’s new Bitcoin venture will pay content uploaders
April 6th, 2017
Internet entrepreneur Kim Dotcom is rolling out a Bitcoin payment system that will allow users to sell their content uploads or charge for live video streaming. The New Zealand-based mogul recently took to YouTube where he announced a new ...
Cryptocurrency Market Cap Soars to All-Time High Near $28 Billion
April 4th, 2017
A bullish 2017 for bitcoin and other cryptocurrencies has helped spur the overall cryptocurrency market cap through a series of highs this year, to nearly scale $28 billion over the weekend. On Sunday, April 2, the collective market cap ...
Star investor Bill Gross reaches $81 million settlement with Pimco
March 29th, 2017
Legendary investor Bill Gross has reached an $81 million truce with Pimco, ending a war with the firm he founded and built into the world’s biggest bond manager. Gross and Pimco announced on Monday they reached an “amicable settlement” ...
LCH SA offering repo clearing on German debt
March 28th, 2017
Extended service offers greater choice and more netting opportunities for RepoClear’s members Members of LCH SA can offset trades on German debt with eligible European repo transactions cleared at LCH SA, through T2S Settlement available via Clearstream Frankfurt, Euroclear ...
ASIC cancels the AFS license of Financial Services firms
March 25th, 2017
ASIC has cancelled the Australian financial services (AFS) licences of Rebate Financial Services Pty Ltd and Capstone Capital Pty Ltd for failing to comply with a number of their key obligations as financial services licensees. In particular, ASIC has ...
