Search Results for: financial markets
Bank of International Settlement published first phase of a global code of conduct for currency markets
May 27th, 2016
The first phase of the Global Code of Conduct for the Foreign Exchange Market and principles for adherence to the new standards were released today in New York by the Foreign Exchange Working Group (FXWG). “In a globalised world, the foreign exchange market ...
TechFinancials reports decrease in Group revenue by 12% to US$13.6 million
May 26th, 2016
TechFinancials (AIM: TECH), a leading technology provider to binary options brokers, today announces its results for the year ended 31 December 2015. Operational Highlights Software Licensing (B2B) B2B business has performed strongly with significant revenue growth of 30% year-on-year ...
HSI, Nikkei lead gains as most Asian markets advance
May 25th, 2016
Asia markets mostly closed higher on Wednesday, with Hong Kong leading gains and several major indexes advancing more than 1 percent each. Japan’s Nikkei 225 closed up 258.59 points, or 1.57 percent, at 16,757.35, with shares receiving an additional boost from ...
Financial regulators from around the world warn for unauthorised financial services companies
May 24th, 2016
The Financial Conduct Authority (FCA) of UK, the Securities and Futures Commission (SFC) of Hong Kong, the Jersey Financial Services Commission (FSC), the Financial Services Authority (MFSA) of Malta and the Comision Nacional del Mercado De Valores (CNMV) of Spain issued ...
FSC Mauritius announced the license termination of IPG Markets
May 24th, 2016
The Financial Services Commission, Mauritius (“FSC Mauritius”) has issued an announcement to inform the public that IPG Markets Ltd, bearing licence number IT12000004 and having its registered address at 10th Floor, NeXTeracom Tower 1, Cybercity, Ebene has surrendered its Investment Dealer (Discount ...
Sucden Financial Promotes Michael Davies to Head of eFX Sales EMEA
May 12th, 2016
Michael Davies has been promoted to Head of eFX Sales EMEA at Sucden Financial following a period of significant growth at the London-based prime of prime brokerage. Davies joined Sucden Financial as an analyst over a decade ago before ...
Artificial Intelligence seen as opportunity and threat by financial services sector
April 26th, 2016
New global survey reveals tensions between optimism and unease Majority believe AI and other fintech will make financial markets more competitive by 2018 But more than three-quarters say regulators are unable to keep pace with changing technology Sixty percent ...
Bridgepoint and Summit Partners acquire financial software company Calypso Technology
April 19th, 2016
Calypso Technology, Inc. (‘Calypso’), a leading provider of capital markets software, announced today that it is to be acquired by European private equity fund Bridgepoint and global growth equity investor Summit Partners. The acquisition will support Calypso’s next phase ...
Euronext announces the appointment of its new Chief Financial Officer
April 19th, 2016
Euronext (Paris:ENX) (Amsterdam:ENX) (Brussels:ENX) announced the appointment of its new Chief Financial Officer, Giorgio Modica, as Amaury Dauge is leaving the company to pursue new professional projects in fintech in New York. Besides, the finance team is being reorganised ...
Bats Global Markets announces pricing of IPO at $19 per share
April 18th, 2016
Bats Global Markets, Inc. (“Bats”), a leading global operator of exchanges and services for financial markets, today announced the pricing of its initial public offering at a price to the public of $19.00 per share. The size of the ...