Search Results for: financial markets
Global growth will be disappointing in 2016: IMF’s Lagarde
December 30th, 2015
Global economic growth will be disappointing next year and the outlook for the medium-term has also deteriorated, the head of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday. IMF Managing Director ...
HKEx Extends Incentives for RMB Currency Futures
December 29th, 2015
Renminbi (RMB) currency futures contracts continue to serve as an effective risk management tool in periods of unexpected USD/CNH* volatility, and Hong Kong Exchanges and Clearing Limited (HKEx) is extending incentives to solidify the development of its RMB currency ...
IPO Wars: New York Stock Exchange Is Going Global
December 28th, 2015
Apparently, the world’s biggest stock exchange isn’t big enough. The New York Stock Exchange – the symbol of American capitalism that boasts a market cap of around $21 trillion – is ramping up efforts to attract more foreign ...
FSMA Belgium published list of investement firms engaging in unauthorized activities in Belgium
December 28th, 2015
The Financial Services and Markets Authority (FSMA) warns the public against the activities of various “boiler rooms” that are contacting Belgian consumers. Companies operating unlawfully and against which the FSMA warns the public are the following: AEG Financial and ...
CySec announces acquisition of CIF (Cyprus Investment Firm) licence
December 23rd, 2015
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has announced that “Positiva Markets (Cy) Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now authorised to operate legally under the supervision of ...
Japanese economy forecast to grow 1.7% in fiscal 2016
December 22nd, 2015
The Japanese economy is expected to grow about 1.7 percent in real terms in fiscal 2016 starting next April, led by recovering consumer spending and solid capital investment, the government said Tuesday. In nominal terms, gross domestic product will ...
FINRA Sanctions Cantor Fitzgerald & Co. $7.3 Million for Selling Billions of Unregistered Microcap Shares, and for Related Supervisory and AML Violations
December 22nd, 2015
Trader and Supervisor Suspended and Fined The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Cantor Fitzgerald & Co. $6 million and ordered disgorgement of nearly $1.3 million in commissions, plus interest, for selling billions of ...
QNB Group enters into definitive agreement with National Bank of Greece to acquire its 99.81% stake in Finansbank – Turkey
December 22nd, 2015
QNB Group, the largest financial institution in Qatar and the Middle East and North Africa Region, announces that it has entered into a definitive agreement with National Bank of Greece for the acquisition of its entire stake comprising 99.81% ...
LSEG acquires XTF
December 22nd, 2015
XTF is a provider of U.S. ETF data, analytics and ratings Acquisition adds to LSEG’s leading offering in the ETF space Growing demand for greater research tools to track $3 trillion global ETF market London Stock Exchange Group (LSEG) confirms ...
Asian banks seen taking pole position in post-sanctions Iran
December 21st, 2015
Asian banks are expected to be among the first institutions to venture into Iran once sanctions are removed, with Western financial players remaining cautious for some time to come, banking officials said on Thursday. Iran and world powers reached ...
