Search Results for: foreign exchange
FXCM and its founding partners ordered to pay a $7 Million Penalty
February 7th, 2017
CFTC Orders Forex Capital Markets, LLC (FXCM), Its Parent Company, FXCM Holdings, LLC and FXCM’s Founding Partners, Dror Niv and William Ahdout, to Pay a $7 Million Penalty for FXCM’s Defrauding of Retail Forex Customers FXCM, Niv, and Ahdout ...
You must read this before start trading on Binary Options
February 6th, 2017
Online trading in Foreign Exchange (Forex) is getting more and more advanced and smarter. The introduction of new financial instruments as well as new technologies has opened many opportunities for online traders. Binary Options can be characterized as a ...
Royal Bank of Scotland to Pay $85 Million Penalty
February 6th, 2017
CFTC Orders The Royal Bank of Scotland to Pay $85 Million Penalty for Attempted Manipulation of U.S. Dollar ISDAFIX Benchmark Swap Rates In Total, the CFTC Has Imposed $570 Million in Penalties for Attempted Manipulation of ISDAFIX Benchmark The ...
Price controls and propaganda
February 5th, 2017
Most economists agree on one thing; price controls do not work. Many go on to say they create shortages of goods, which inevitably drives black market prices even higher than they would otherwise be. Price controls were last tried ...
Iran prepares to stop using the dollar as anger builds over Trump ban
February 1st, 2017
Iran says it is preparing to stop using the dollar in its official statements – a move that had been in the offing but appears to have been expedited after Washington included the country in a list of seven ...
Mastercard reports Fourth-quarter net income of $933 million
February 1st, 2017
Fourth-quarter net income of $933 million, including a special item, or $0.86 per diluted share Fourth-quarter net income of $940 million, excluding a special item,1 or $0.86 per diluted share Fourth-quarter net revenue increase of 9%, to $2.8 billion ...
NASDAQ reports fourth quarter 2016 with record revenues
February 1st, 2017
NASDAQ reports fourth Quarter 2016 with record revenues1; announces segment realighment and rebranding of fixed income Net revenues were a record $599 million in the fourth quarter of 2016, up 12% year-over-year. Subscription and recurring revenues2 in the fourth ...
Charterprime Announces Q4 2016 Trading Statistics
January 27th, 2017
Charterprime is an international financial group specialising in the brokerage of financial products and foreign exchange. In an effort to increase stakeholder engagement and transparency, Charterprime has committed to releasing regular performance statistics for its business henceforth and has ...
Investigators turn attention to second forex fraud
January 25th, 2017
As the man behind a Dh50 million foreign exchange scheme that promised to double investors’ money is arrested for a second time, investigators are now turning their attention to a second forex fraud believed to have snared thousands of ...
Morgan Stanley, Citigroup Charged With Misleading Investors About Forex Trading Program
January 25th, 2017
The Securities and Exchange Commission today announced that Morgan Stanley Smith Barney and Citigroup Global Markets have agreed to pay more than $2.96 million apiece to settle charges that they made false and misleading statements about a foreign exchange ...