Search Results for: traders
Saxo Bank and Abu Dhabi University expand scope of competition for graduate traders
February 24th, 2015
Saxo Bank and Abu Dhabi University (ADU) have expanded the scope of their virtual trading competition for graduates in the GCC to reflect the current volatility of the world economy. Rather than stock market trading only, the ADU Postgraduate ...
Global crude oil prices slump further as traders bet on sell-off
December 19th, 2014
Global crude oil prices slumped further on Thursday, as traders placed fresh bets that the market would resume a six-month sell-off on worries about a supply glut. Benchmark Brent and US crude tumbled $2 a barrel each in late ...
A taxing problem: How traders are playing year end selling
December 15th, 2014
As the year comes to a close and investors square up their portfolios, many may look to sell out of losing positions for tax purposes. That could mean further weakness for beaten-down assets in the short-term, but may also ...
Officials will interview Traders about currency market manipulation
November 25th, 2014
U.S. prosecutors will travel to London in the coming weeks to interview traders about currency market manipulation, the latest sign that authorities are closer to filing criminal charges stemming from the long-running probe, sources told Reuters. Officials from the ...
Australia’s ANZ bank suspends seven traders
November 19th, 2014
ANZ, one of Australia’s biggest banks, has suspended seven traders as part of an inquiry into the potential rigging of key interbank interest rates. The Australian Securities and Investment Commission (ASIC) has been investigating the country’s interbank market since ...
Forex traders plotted strategy in secret chats
November 13th, 2014
Traders of major banks fined $4.3 billion Wednesday for attempted manipulation of foreign exchange markets used electronic chat rooms to plot their moves. Transcript excerpts of conversations released Wednesday by the Commodity Futures Trading Commission show traders from U.S. banks Citibank(C) ...
Deutsche Bank, Former Traders Settle Dispute Over Suspensions
October 31st, 2014
A German state labor court said Wednesday that Deutsche Bank AG and four former money-market traders agreed to a settlement in their legal dispute over the traders’ suspension in early 2013. The parties agreed not to disclose the details ...
Sterling Lads Chats Show FX Traders Matching Fix Orders
October 30th, 2014
“Any fix quid?” a currency trader at Barclays Plc asked a counterpart at HSBC Holdings Plc at 2:25 p.m. on June 23, 2011. “Get 50 cable on fix,” he said as he tried to sell British pounds. “Nothing as ...
Deutsche clampdown on bad behavior appears exodus of traders
October 13th, 2014
Senior bankers at Deutsche Bank AG (DBKGn.DE) are abandoning the bank amid a crackdown on bad behavior by traders, as the bank undergoes a probe by global regulators into allegations of attempts to rig markets, the Financial Times reported ...
Traders went from confusion to opportunity as Gross exit sank in
October 3rd, 2014
As bond traders began what they thought would be a quiet day last Friday, a simple headline crossed their screens: “William H. Gross joins Janus Capital.” “The question was, ‘Is it THAT William H. Gross?'” said Lou Brien, a ...
