Search Results for: financial markets
Global regulators may propose rules for fintech: FSB’s Carney
February 29th, 2016
Global regulators may propose rules to prevent “fintech” innovations from destabilizing the broader financial system, the G20‘s Financial Stability Board said on Saturday. FSB Chairman Mark Carney said in a letter to central bankers and finance ministers from the ...
LSE chief Rolet to retire after Deutsche Börse merger
February 29th, 2016
Carsten Kengeter to take over as chief executive of the combined group, which will be a UK plc domiciled in London The planned merger of the London Stock Exchange with Germany’s Deutsche Börse will result in a company with its main ...
ITG Launches ITG Smart Cost Estimator For Pre-trade Analysis And Announces New Award For Itg Analytics Incubator
February 29th, 2016
ITG (NYSE:ITG), a leading independent broker and financial technology provider, today announced the launch of ITG Smart Cost Estimator for Pre-Trade Analysis, a mobile application that estimates pre-trade costs based on current market conditions. “Traditional pre-trade transaction cost models ...
China shares tumble; Nikkei gives up gains to close down 1%
February 29th, 2016
Markets in China, Japan, and Hong Kong tumbled Monday, with renewed concerns over China’s economic fundamentals and the deluge of economic data due this week dragging stocks. Vishnu Varathan, senior economist at Mizuho Bank, wrote in a morning note ...
ISDA Publishes Principles for US/EU Trading Platform Recognition
February 26th, 2016
The International Swaps and Derivatives Association, Inc. (ISDA) published a set of principles for achieving comparability determinations between US and European Union (EU) trading platforms. The paper analyzes the regulatory frameworks in the US and EU, with the aim ...
TMX Group Introduces TMX Insights
February 26th, 2016
Technology driven capabilities to support client trading and investment strategies TMX Group today introduced TMX Insights, an integrated set of capabilities that provide financial content, tools and applications, as well as capital markets analytics. A number of existing capabilities ...
Lloyds profits fall on PPI claims
February 25th, 2016
Lloyds Banking Group has reported a 7% fall in annual pre-tax profits to £1.6bn compared with £1.8bn a year earlier. The bank increased provisions for payment protection insurance (PPI) compensation in the year to £4bn. That was after the City ...
Bundesbank posts €3.2 billion profit in 2015
February 25th, 2016
The Bundesbank posted a profit of €3.2 billion for the 2015 financial year, up from €3.0 billion in 2014. This profit was transferred in full today to the Federal Government of Germany pursuant to section 27 number 2 of the Bundesbank Act (Bundesbankgesetz). ...
Group of Twenty IMF Surveillance Note
February 25th, 2016
The global recovery has weakened further amid increasing financial turbulence and falling asset prices. Activity softened towards the end of 2015 and the valuation of risky assets has dropped sharply, especially in advanced economies, increasing the likelihood of a further ...
Playtech: Results for the year ended 31 December 2015
February 25th, 2016
Playtech (LSE: PTEC) today announces its full year results for the year ended 31 December 2015, together with a trading update for the period to 22 February 2016. Financial highlights * Adjusted numbers relate to certain non-cash and one-off ...
