ICAP response to the Fair and Effective Markets Review
March 2nd, 2015
ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, has submitted its response to the Bank of England’s Fair and Effective Markets Review (FEMR). The consultation looks at the effectiveness of ...
Events – Conferences – Seminars
February 26th, 2015
Stay updated with coming Live Events, Conferences and Seminars for Forex Market, Accounting, Legal Banking and in general on Business, Finance and Investments
BNY Mellon in forex settlement talks with U.S., N.Y. – sources
February 25th, 2015
Bank of New York Mellon Corp (BK.N) is in settlement talks with the U.S. Justice Department and New York attorney general over claims the bank defrauded clients in foreign exchange transactions, according to sources familiar with the matter. BNY ...
ICM Capital Announces Recognition for ‘Best Rebate Provider 2015′
February 25th, 2015
ICM Capital one of the fastest growing global providers of Forex and Contract for Difference (CFD) trading has been named the ‘Best Rebate Provider 2015′. This award, which was announced during the FIMENA Expo 2015 in Dubai, UAE, recognises ...
Bats Global Markets Names Chris Concannon CEO; Joe Ratterman Becomes Chairman
February 25th, 2015
BATS Global Markets (BATS), a leading operator of U.S. and European markets, today announced that President Chris Concannon will be appointed to the additional role of chief executive officer, effective March 31, 2015. Mr. Concannon arrived at BATS as ...
International and regional bodies that combat money laundering (Part A)
February 24th, 2015
Introduction Money laundering is a global phenomenon that thrives parasitically on the world’s financial markets. It ignores national boundaries in much the same way that the financial market place does. It has been accepted that this problem requires both ...
Yemen FX reserves stabilise but borrowing balloons in political crisis
February 20th, 2015
Yemen’s foreign exchange reserves have stabilised after a steep fall due to its political turmoil, but ballooning government debt issuance indicates the country may be moving closer to a fiscal crunch, central bank data showed on Friday. Shi’ite Muslim ...
Euro Area Investment Fund Statistics: December 2014
February 19th, 2015
19 February 2015 – Financial statements of the ECB for 2014 ECB’s net profit for 2014: €989 million (2013: €1,440 million) Net interest income from the Securities Markets Programme: €728 million (2013: €962 million) Interest income on banknotes: €126 ...
Bank of Indonesia Rate Lowered by 25 bps to 7.50%
February 17th, 2015
On 17th February 2015, the Bank Indonesia Board of Governors decided to lower the BI Rate 25 bps to 7.50%, with the Deposit Facility rate also reduced 25 bps to 5.50% and the Lending Facility rate maintained at 8.00%, effective ...
China January FDI grows at strongest pace in four years
February 16th, 2015
Foreign direct investment (FDI) in China grew at its strongest pace in nearly four years in January, surging 29.4 percent from a year earlier to $13.9 billion as investors largely shunned the troubled manufacturing sector and focused on the more resilient ...