Search Results for: traders
CME traders say chances of April interest rate hike are zero
April 15th, 2016
While the chances had been low, traders now believe there is absolutely no possibility of a Fed rate hike in April. The probability went to zero Thursday morning after two days’ worth of data showed that the economy is ...
World’s Top Traders Say the Worst Is Over for Oil
April 13th, 2016
CEOs from Gunvor, Mercuria and Trafigura predict higher prices Oil traders expect “tougher” 2016 after boom times last year Top executives at the world’s largest oil-trading houses said the worst of the market’s woes are probably over, with some ...
Coinbase Introduces Stop Orders for Bitcoin Exchange Traders
March 18th, 2016
Bitcoin services provider Coinbase has added stop orders to its Coinbase Exchange product, allowing customers to buy and sell the digital currency at a previously set price. Coinbase describes the service as a way to allow users to protect profits while improving ...
Asia markets erase early losses as traders digest ECB easing
March 11th, 2016
Asia markets reversed early losses to trade mostly higher on Friday, as traders digested fresh easing from the European Central Bank (ECB) overnight. The Japanese benchmark Nikkei 225 erased losses to close up 86.52 points, or 0.51 percent, at 16,938.87. The ...
Asia markets mixed as traders digest central bank decisions, China data
March 10th, 2016
Asian markets traded mixed as traders digested another round of Chinese economic data and interest rate decisions from central banks in New Zealand and South Korea. The Japanese Nikkei 225 was up 1.45 percent. South Korea’s Kospiadded 0.82 percent, while Down Under, ...
EU launched platform to help consumers and traders solve online disputes
February 17th, 2016
The European Commission launched on 15 February a new platform to help consumers and traders solve online disputes over a purchase made online. The Online Dispute Resolution (ODR) platform offers a single point of entry that allows EU consumers and ...
Wall Street Trading Desks Upgradng Technology – And The Sales Traders That Use It
February 10th, 2016
A new breed of Wall Street sales trader is using increasingly sophisticated technology to preserve fixed income trading revenues and profits in a market defined by capital requirements and other regulations that squeeze margins, depressed trading volumes and historically ...
FCA confirms accountability rules for wholesale traders and interim rules on regulatory references
February 5th, 2016
The Financial Conduct Authority (FCA) has published the final rules confirming their approach to improving individual accountability for those carrying out wholesale activities, such as algorithmic and high-frequency trading, in banks, building societies, and Prudential Regulation Authority (PRA) designated ...
Two former Forex traders will sue their former employers this month
January 14th, 2016
Ex-Barclays, Citi FX traders sue for unfair dismissal in London Two former foreign exchange traders will this month sue their former employers Barclays and Citigroup for unfair dismissal at a London court. Former Barclays FX trader Jack Murray is ...
VAT MOSS traders question business status
January 12th, 2016
Businesses caught up in the EU VAT changes are considering if they are actually “in business” and within the scope of the VAT MOSS scheme, following a recent HMRC briefing document. The tax authority’s latest guidance states that the compliance rules only apply “where supplies are made ...