Daily Archives: 06/07/2016
INTL FCStone Inc. completes an acquisition
July 6th, 2016
INTL FCStone Inc. Substantially Completes the Acquisition of the Correspondent Clearing and Independent Wealth Management Businesses from Sterne Agee LLC INTL FCStone Inc. (NASDAQ:INTL) (“INTL”) announced that it has substantially completed, effective July 1, 2016, its acquisition of the ...
One of the worst markets hit in the last two-weeks has been Italian banks
July 6th, 2016
While most of the post-Brexit headlines have centred on the fall in value of sterling and the surge of interest in safe havens such as gold and government bonds, one of the worst markets hit in the last two-weeks has been Italian banks. ...
Chinese Day Traders Are Behind Silver Frenzy Moving Prices
July 6th, 2016
Retail trade behind rising volume as open interest falls: Saxo Moves reminiscent of China commodity frenzy earlier this year Chinese day traders are moving the silver market. The metal posted its biggest two-day rally in five years on Monday, ...
Elliott Wave Analysis: S&P500 Could Continue Its Bullish Run; Sub-wave 2) In The Making
July 6th, 2016
Stocks recovered very nicely and sharply since mid of February so new bullish reversal is here. Reason for a bullish trend is a five wave rise from 1802 which is an impulsive structure that shows direction of a trend. ...
ASIC crackdown on 40 unlicensed retail Binary Options and FX providers
July 6th, 2016
ASIC has warned of a dramatic increase in the extent of unlicensed conduct by retail OTC derivative providers seeking to expand their market with new customers for their complex and risky products such as binary options. The recent Report ...
British pound plunged to fresh 31-year lows
July 6th, 2016
The British pound plunged to fresh 31-year lows on Wednesday, swamped by continued fears over the U.K. leadership vacuum and the country’s potential exit from the European Union (EU). The pound tumbled as low as $1.2796 during Asia trade on Wednesday, ...
Virtu Financial Enters into a Strategic Minority Investment with SBI Japannext
July 6th, 2016
Virtu Financial (NASDAQ:VIRT) announced today it is making a strategic minority investment in SBI Japannext, Co., Ltd., a leading Proprietary Trading System (‘PTS’) based in Tokyo. The investment is part of Virtu’s strategic long-term commitment to the Japanese marketplace. ...
EY promotes 714 new partners worldwide
July 6th, 2016
Promotions reflect continued growth at EY 35% of partners from emerging markets and women represent nearly 30% EY announces that 714 people globally have been promoted to partner. This year’s new partner class includes a record percentage of partners ...
King & Wood Mallesons top the APAC Law Firm Index 2016; Which firms are the next in top ten
July 6th, 2016
King & Wood Mallesons and Baker & McKenzie are the firms best positioned to take advantage of fast rising legal spend in the region. Findings show that success in the region is built on local office presence combined with ...
Baydonhill relaunches as EarthportFX
July 6th, 2016
Earthport, the leading payment network for cross-border transactions, is pleased to announce that its subsidiary, Baydonhill, which was acquired in 2013, has re-launched as EarthportFX. EarthportFX will offer clients direct access to FX and payment services utilised by some ...
