Archives
Former ConvergEx trader admits books and records falsification
April 7th, 2015
Former Convergex Global Markets trader, Michael Craig Marshall, pleads guilty for scheme to falsify books and records A former trader at ConvergEx Global Markets has pleaded guilty in federal court in New Jersey for his role in a scheme ...
FxPro Committed to Fairness and Transparency
April 7th, 2015
A strong proponent of transparency and fair trading services, FxPro remains committed to providing its clients with not only full trade reporting and support, but also with advanced order-matching and execution technologies that are continuously upgraded. As a trusted ...
Electronic Broking: March 2015 Volumes
April 7th, 2015
Average daily volume (in USD billions, single count) March YoY % change February MoM % change 12 Months ended 31 March % change 2014 2015 2015 2014 2015 US Treasury 189.7 153.9 (19%) 181.9 (15%) 158.1 163.0 3% US ...
ASIC issued a statement regarding Australian Dollar movement
April 7th, 2015
At its meeting today, the Board of the Reserve Bank of Australia decided to leave the cash rate unchanged at 2.25 per cent. Following the RBA’s announcement, ASIC has issued a statement regarding: The Commission confirms it will investigate ...
4th Story Introduces LP Analytics Tools for FX
April 7th, 2015
4th Story has introduced new tools to give FX brokers and traders valuable insight into their liquidity providers’ pricing. Dubbed 4S.Rocky Mountain, the tools provide detailed analytics of spreads, depth, relative book position and other metrics and display changes ...
8 Steps to Stronger Information Risk Management
April 7th, 2015
How CFOs can balance the risk/reward equation to sparks CEOs interest in information risk management decisions? Believe me, I know how hard it is to get funding to strengthen your information risk management program. Ask pretty much any CEO to find ...
Speed Trader Virtu Readies Another IPO Try
April 7th, 2015
Deal could value the company at $2.59 billion With the controversy over high-speed trading firms cooling, one of them is preparing to brave the stock market. Virtu Financial Inc. on Monday outlined plans to go public later this month ...
Russian tax law change offers opportunities
April 7th, 2015
Significant changes to Russia’s tax code could lead to an increased use of corporate and trust entities based in the Channel Islands in the structuring of Russian corporate and private wealth arrangements. The changes, dubbed the ‘de-offshorisation law’, are ...
Moscow Exchange published Monthly Review for March 2015
April 7th, 2015
In March, Moscow Exchange’s Indices reflected the negative trend on the Russian stock market. The MICEX Index was down 7.55% to 1,626.18 (from 1,758.97 on 27 February), while the dollar-denominated RTS Index fell 1.81% to 880.42 (from 896.63). The dollar depreciated 3.70% against the rouble. ...
Cairn India takes Indian authorities to court over $3.3 bln tax demand
April 7th, 2015
Cairn India Ltd, India’s largest private-sector oil producer, said on Monday it had moved the Delhi High Court against a $3.3 billion tax demand from Indian authorities related to its listing in 2007. The company, a unit of London-listed Vedanta Resources ...
