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Foreign exchange trade suspension in Nigeria; Investors dump shares of Nigerian banks

25/08/2016(0)
Investors sold shares in Nigerian banks on Wednesday, a day after the central bank suspended nine lenders from foreign exchange transactions for failing to remit money owed to the ... Read More
Screen-Shot-2016-08-23-at-7.50.23-PM

Litecoin Price Spikes 10% as Coinbase Exchange Turns on Trading

24/08/2016(0)
Litecoin prices rose nearly 10% today as word the digital currency would be listed on Coinbase’s GDAX exchange spread among traders. The move by the exchange to list LTC/USD ... Read More
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Saxo Bank continues MENA region build-out with key management appointments

23/08/2016(0)
Saxo Bank, the online investment and trading specialist, announces today two senior appointments as it continues to grow and invest in its retail and institutional functions across the Middle ... Read More
Japan World Markets

Yen’s World-Beating Surge to 100 Has Traders in Buy-on-Dip Mode

19/08/2016(0)
Dollar will lack trend until Fed keeps raising rates: Shinkin Options show traders remain bullish on Japanese currency Any lull in the yen’s rally past 100 per dollar is ... Read More
A man fills up his car at a petrol station in Rome

Brent crude oil prices dip on prospect of record Saudi output

18/08/2016(0)
Oil prices dipped in early trading on Thursday as the prospect of record Saudi output weighed on markets and as traders cashed in on profits following an almost uninterrupted ... Read More
CMA

UK competition watchdog sets out provisional concerns about ICE/Trayport merger

17/08/2016(0)
The Competition and Markets Authority (CMA) has provisionally found that ICE’s acquisition of Trayport may give rise to competition concerns. Intercontinental Exchange, Inc. (ICE) is the largest operator of ... Read More
yen-dollar

Rising Yen Passes 100 to Dollar

17/08/2016(0)
The dollar fell to less than ¥100 during Tuesday’s trading for the first time since the immediate aftermath of the U.K.’s vote to leave the European Union. Traders said ... Read More
Barclays

Barclays reaches $100M Libor settlement

09/08/2016(0)
Barclays Bank PLC (BCS) has agreed to pay $100 million to settle allegations that its manipulation of a global financial benchmark defrauded government entities and non-profit groups across the U.S. Announced Monday, the settlement includes $93.35 million ... Read More
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E*TRADE Announces Acquisition of OptionsHouse

26/07/2016(0)
E*TRADE Financial Corporation (NASDAQ:ETFC) today announced it has entered into a definitive agreement to acquire Aperture New Holdings, Inc., the ultimate parent company of OptionsHouse, for $725 million in cash. The transaction will boost ... Read More
crude

Weaker dollar lifts oil prices, but mood remains bearish

26/07/2016(0)
Oil prices rebounded from over three-month lows on Tuesday, lifted by a drop in the dollar, but concerns of ongoing oversupply weighed on markets and many traders are raising ... Read More
Broker Cyprus TopFX