Search Results for: financial markets
SEC fined brokerage firm for violated anti-money laundering rules
February 5th, 2016
The Securities and Exchange Commission announced that a Miami-based brokerage firm agreed to pay a $1 million penalty to settle charges that it violated anti-money laundering rules by allowing foreign entities to buy and sell securities without verifying the identities ...
RBC Wealth Management has rolled out a robo-adviser
February 4th, 2016
RBC partners with BlackRock’s FutureAdvisor for robo-adviser pilot program Half a dozen markets will test the new platform before potential approval nationwide RBC Wealth Management has rolled out a robo-adviser for its top advisers in a half dozen teams ...
Dow, S&P 500 rally with energy; Alphabet drops
February 4th, 2016
U.S. stocks staged a late-day rally on Wednesday as an 8-percent jump in oil prices lifted beaten-down energy shares and financials rebounded. The Nasdaq stayed weaker but ended well off the day’s lows. Oil prices LCOc1 CLc1 snapped a ...
Surprises in store…
February 3rd, 2016
The month of January has been a wake-up call for complacent equity investors. From the peaks of last year stock indices in the major markets have fallen 10-20%, give or take. On their own, these falls could be read ...
Asia stocks follow US in sharp sell-off
February 3rd, 2016
Asian stocks traded sharply lower on Wednesday, after Wall Street sold off as much as 2 percent overnight amid a plunge in oil prices. Japan’s Nikkei 225 dropped 3.36 percent, while the Topix fell 3.46 percent. Across the Korean ...
cTrader Web Update February 2016
February 3rd, 2016
Spotware Systems announce the completion of cTrader Web updates for all supporting brokers. These exciting features are now available to all traders inside cTrader Web next time they visit the application. “We are very excited to announce our first ...
Welcome To The Currency War, Part 21: Japan Goes Negative; US To Return Fire In 2016
February 1st, 2016
Well that didn’t take long. Two weeks of falling share prices and the European and Japanese central banks caved. First the ECB promised new stimulus — which the markets liked — and then the BoJ upped the ante with ...
Bank of America is going big on blockchain
February 1st, 2016
Bank of America is trying to steal a march on the latest developments in the technology behind digital currency bitcoin by loading up on blockchain-related patents. Blockchain works like a huge, decentralized ledger for the digital currency bitcoin which ...
Oil prices slip on weak Asian data, fading prospect of output cut
February 1st, 2016
Oil prices dropped on Monday after China and South Korea posted surprisingly weak economic data, while fading prospects for a coordinated production cut by leading crude exporters also dragged on the market. Economic data from China, showing its manufacturing ...
KCG announces Fourth Quarter 2015 Results
February 1st, 2016
KCG announces Consolidated Loss of $0.05 per Diluted Share for the Fourth Quarter of 2015 CG reports consolidated revenues of $262.7 million and pre-tax loss of $7.1 million for the quarter KCG increases tangible book value to $14.89 per ...