Archives
MTS and B2SCAN launch initiative to enhance liquidity in credit market
January 7th, 2015
Improves buy-side access to pre-trade information Initiative gains broad buy-side support MTS, one of Europe’s premier fixed income trading venues, has launched an initiative with B2SCAN, an aggregator and search engine of bank inventory, runs and axes for the ...
HSBC survey: China’s GDP growth to fall to new low, Brazil seen heading back to recession
January 7th, 2015
Output growth picked up in major emerging markets in December led by India, but was subdued overall with China seen slowing further and Brazil likely falling back to recession, an HSBC survey showed on Wednesday. The HSBC Emerging Markets Index rose to a ...
Massive fraud link to major mortgage broker
January 7th, 2015
The Melbourne man at the centre of an alleged $110 million mortgage fraud holds a senior position in one of the country’s largest mortgage brokerage networks, raising concerns that the true scale of the potential financial losses is yet to be ...
Gold prices fall by Rs 72 in futures trade on profit-booking
January 7th, 2015
Gold prices fell by Rs 72 to Rs 27,322 per 10 grams in futures trade at the bullion market on Wednesday, amid profit-booking by speculators and a weak trend overseas. Bullion market analysts said the fall in gold futures was mostly ...
Unemployment rate in Germany falls to record low
January 7th, 2015
Things are looking up in the eurozone’s biggest economy, Germany, but far from rosy for its southern neighbour, Italy. Germany’s unemployment rate for December came in at a better than expected 6.5 per cent, down from 6.6 per cent ...
Bank of England disarray in the face of financial crisis
January 7th, 2015
The full extent of the Bank of England’s emergency action to prevent the collapse of the banking system is revealed on Wednesday as it releases previously secret documents detailing its frantic day to day efforts to prop up high ...
Oil prices hit fresh lows, no end in sight to slump
January 7th, 2015
Oil prices hit fresh five-and-a-half-year lows on Wednesday as global business growth slowed to its weakest level in a year and analysts said a building supply glut meant that more falls were likely before a rebound. The pace of ...
Euro hits fresh low before inflation trial, bonds boom
January 7th, 2015
The euro hit a nine-year trough today as collapsing oil prices and worries about the world economy drove skittish investors into the arms of safe-haven sovereign debt. From Japan to Germany to Australia, government borrowing costs reached all-time lows as oil fell 10 percent in just ...
FCA doubles interventions in 2014
January 5th, 2015
The Financial Conduct Authority (FCA) doubled the number of times it intervened to force firms to change their practices in 2014. The FCA made 31 ‘early interventions’ – which are done without a lengthy official investigation – in 2014 ...
Nasdaq to buy Dorsey Wright for $225 million
January 5th, 2015
Nasdaq OMX Group Inc. agreed to acquire index provider and analytics group Dorsey, Wright & Associates LLC for $225 million, as the exchange operator expands its exchange-traded fund and so-called smart-beta indexing segments to diversify its business. The deal, ...
