Archives
Greek PM Tsipras in Brussels as clock ticks on EU bailout (Video)
February 12th, 2015
Greece‘s radical new prime minister Alexis Tsipras was in Brussels on Thursday to lay out his case for more financial help to fellow EU leaders following finance ministers’ failure to narrow differences overnight. The summit chairman, conservative former Polish ...
OECD Recommends Australian Company Tax, GST Reform
February 12th, 2015
The Organisation for Economic Cooperation and Development (OECD) has recommended that Australia reduce its company tax rate and broaden the tax base. The suggestion is made in the OECD’s new report, Economic Policy Reforms 2015: Going for Growth. The report ...
Cinnober to provide ASX with new trading system
February 12th, 2015
Australia’s major equities and derivatives markets will adopt a common technology platform architecture The Australian Securities Exchange (ASX) has now announced that it has selected Cinnober for a major upgrade to its trading technology. Cinnober’s state-of-the-art TRADExpress Trading System will replace ...
Statement by IMF Managing Director Christine Lagarde on Ukraine
February 12th, 2015
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today in Brussels, Belgium: “I am pleased to announce that the IMF team working in Kiev has reached a staff-level agreement with the Ukrainian ...
FXTM Announcement: Cost-Free Trading
February 12th, 2015
It is with great pleasure that FXTM announces its latest promotion, Cost-Free Trading – and it’s a game changer! With Cost-Free Trading, you can opt-in and trade your favorite financial instruments and all the spreads you had to pay for the whole ...
Letter From Alpari to Forex Trend Regarding its Illegal Use of the Trademark “PAMM Account”
February 12th, 2015
Alpari released an open letter to Forex Trend Regarding its Illegal Use of the Trademark “PAMM Account”: Dear Clients and Industry Colleagues, There is an ongoing scandal surrounding Ukrainian forex broker, Forex Trend (“Форекс Тренд”). The company, which operates in ...
Posit Alert Hits New International Trading Records
February 12th, 2015
ITG (NYSE:ITG) a leading execution and research broker, today announced that POSIT Alert® hit new records in January 2015 for value traded in Europe, Asia Pacific, Canada and Latin America. Global POSIT Alert crossed block equity trades with total notional value of approximately $25 billion. POSIT Alert is ...
HSBC files reveal how UK’s non-dom tax concession is being exploited
February 12th, 2015
The leaked HSBC Swiss files reveal how widely Britain’s unique “non-dom” tax concession is being exploited. The government says the controversial tax status is supposed to be to the nation’s benefit, by encouraging wealthy foreign investors to spend time in Britain. ...
Gold demand sinks to five-year low in 2014 (Video)
February 12th, 2015
Global gold demand slumped to its lowest level in five years in 2014 as bar and coin buying plunged and jewelry purchases cooled, according to the World Gold Council (WGC). Overall demand totaled 3,924 tonnes, down 4 percent on year at ...
Lagarde: Greek officials ‘competent’, but deal will take time
February 12th, 2015
Greek Finance Minister Yanis Varoufakis met with IMF chief Christine Lagarde after his arrival in Brussels, where an extraordinary Eurogroup meeting takes place on Thursday evening. Speaking afterwards, Lagarde said the Greek officials are “competent”, but said reaching an ...
