Tuesday, August 18, 2015

Citi Sells Hedge Fund and Private Equity Business for $425 Million

Citi Sells Hedge Fund and Private Equity Business for $425 Million

Citi Sells Hedge Fund and Private Equity Business for $425 Million

Posted: 18 Aug 2015 03:09 PM PDT

The transaction is subject to approvals by relevant regulatory authorities and is expected to close in the first quarter of 2016.

Keep on reading: Citi Sells Hedge Fund and Private Equity Business for $425 Million

Green Key Technologies Adds Ray McKenzie as North American Sales Head

Posted: 18 Aug 2015 02:41 PM PDT

In his new role as Green Key's head, Mr. McKenzie will be tasked with managing the group's US expansion and Trader Voice capabilities.

Keep on reading: Green Key Technologies Adds Ray McKenzie as North American Sales Head

Reddit Bitcoin Mod: If 90% Don’t Like Our Policies, They Should Leave

Posted: 18 Aug 2015 10:47 AM PDT

One of the premises for Theymos' argument is that the definition of Bitcoin is Bitcoin as it exists today.

Keep on reading: Reddit Bitcoin Mod: If 90% Don't Like Our Policies, They Should Leave

Shanghai Drops 6%, JP Morgan: Bank of China Likely to Ease Further

Posted: 18 Aug 2015 10:41 AM PDT

The increased size of People Bank of China's reverse repo operation could signal that the central bank intends to prevent a spike in onshore interest rates.

Keep on reading: Shanghai Drops 6%, JP Morgan: Bank of China Likely to Ease Further

UBS Shakes up DCM Unit, Adding Till Zuehlsdorff to Replace Oliver Radeke

Posted: 18 Aug 2015 08:37 AM PDT

Mr. Radeke has relinquished his role with the Swiss lender after a two-year stint – UBS has tapped Till Zuehlsdorff to replace him.

Keep on reading: UBS Shakes up DCM Unit, Adding Till Zuehlsdorff to Replace Oliver Radeke

FinTech Innovation Lab London Opens Applications for Fourth Class

Posted: 18 Aug 2015 07:05 AM PDT

London's FinTech Innovation Lab is set to open its fourth class later this year with applications available for up to fifteen startups.

Keep on reading: FinTech Innovation Lab London Opens Applications for Fourth Class

Nomura Trust Taps Harry Ng as Head of Wealth Planning Strategy

Posted: 18 Aug 2015 06:19 AM PDT

Mr. Ng joins Nomura Trust from Julius Baer, part of a lengthy career in wealth management and finance.

Keep on reading: Nomura Trust Taps Harry Ng as Head of Wealth Planning Strategy

Auger Launches Crowdsale for Decentralized Prediction Market Platform

Posted: 18 Aug 2015 06:18 AM PDT

Auger, a project to create a decentralized prediction market, has launched the Crowdsale of its token, 'Reputation' (REP).

Keep on reading: Auger Launches Crowdsale for Decentralized Prediction Market Platform

Zopa Hits £1 Billion in P2P Lending with £2 Billion Goal by End of 2016

Posted: 18 Aug 2015 05:27 AM PDT

After ten years, Zopa announced that they have reached £1B in loans on their P2P lending platform, aiming for £2B by late next year.

Keep on reading: Zopa Hits £1 Billion in P2P Lending with £2 Billion Goal by End of 2016

Fidessa Secures Andy Skelton as CFO

Posted: 18 Aug 2015 05:01 AM PDT

Mr. Skelton will be replacing Andy Malpass, Fidessa's acting CFO who previously announced that he will be relinquishing his post in October.

Keep on reading: Fidessa Secures Andy Skelton as CFO

UBS Wealth Management Hires Top Morgan Stanley Brokers

Posted: 18 Aug 2015 01:37 AM PDT

A father and son duo has parted with Morgan Stanley after generating over $1.6 million in revenues for the bank

Keep on reading: UBS Wealth Management Hires Top Morgan Stanley Brokers

MFX Broker to Recruit FX Prop Traders via Retail Competition

Posted: 17 Aug 2015 04:00 AM PDT

Currently, only forex trading is included but in the near future MFX Broker is planning to launch prop on CFDs and stocks.

Keep on reading: MFX Broker to Recruit FX Prop Traders via Retail Competition

Majority of Financial Complaints in New Zealand Concern Reimbursement Issues

Posted: 17 Aug 2015 03:15 AM PDT

The FDRS points out that only one of the disputes on hand at year end does not relate to a forex trading platform.

Keep on reading: Majority of Financial Complaints in New Zealand Concern Reimbursement Issues

International CFD Scam Busted and Australia Changing the Rules

Posted: 16 Aug 2015 05:18 AM PDT

One of the biggest cybercrime cases linked to the financial trading industry was exposed this week.

Keep on reading: International CFD Scam Busted and Australia Changing the Rules

Turkish Broker Integral Menkul Degerler Signs With Fenerbahce

Posted: 14 Aug 2015 04:41 PM PDT

One of "the big three" clubs in Istanbul has become the company's official partner opening the door to the popular world of football

Keep on reading: Turkish Broker Integral Menkul Degerler Signs With Fenerbahce

KPMG Urges Alpari UK's Unsecured Creditors to Submit Their Claims

Posted: 14 Aug 2015 02:44 PM PDT

The submissions have to be presented no later than the 30th of October by email or post

Keep on reading: KPMG Urges Alpari UK's Unsecured Creditors to Submit Their Claims

Admiral Markets UK Turns a Profit, Client Deposits up to £1.66 Mln

Posted: 14 Aug 2015 01:02 PM PDT

The UK branch of Admiral Markets has turned a profit for fiscal 2014 ending on December 31st after losing £54,349 in 2013

Keep on reading: Admiral Markets UK Turns a Profit, Client Deposits up to £1.66 Mln

E*TRADE Reports July 2015 Metrics, DARTs Notch Healthy Uptick

Posted: 14 Aug 2015 08:37 AM PDT

E*TRADE's Daily Average Revenue Trades (DARTs) came in at 149,283 in July 2015, mounting a rise of 6.6% MoM from 140,003 in June 2015.

Keep on reading: E*TRADE Reports July 2015 Metrics, DARTs Notch Healthy Uptick

What are the secrets to becoming a ‘Top Trader?’

Posted: 14 Aug 2015 07:59 AM PDT

If you do enjoy it but haven't the time, discipline and patience to be a Top Trader yourself, then become a follower via Social Trading.

Keep on reading: What are the secrets to becoming a 'Top Trader?'

KCG US Equity Volumes Rebound in July Despite Stock Performance

Posted: 14 Aug 2015 07:51 AM PDT

KCG's average daily US equities market making came in at $28.5 billion traded during July 2015, up 6.7% MoM from $26.7 billion in June 2015.

Keep on reading: KCG US Equity Volumes Rebound in July Despite Stock Performance

Brokers’ Update – Saxo Bank CZK and Admiral Markets MT4

Posted: 13 Aug 2015 10:15 AM PDT

Saxo Bank has decided to increase margin requirements on CZK from the current level of 8% to 20%.

Keep on reading: Brokers' Update – Saxo Bank CZK and Admiral Markets MT4

Exclusive: Ukraine's Largest Broker Responds to $100 Mln Insider Trading Allegations

Posted: 13 Aug 2015 10:00 AM PDT

Some of the traders allegedly used insider information to trade on CFDs through various online brokers

Keep on reading: Exclusive: Ukraine's Largest Broker Responds to $100 Mln Insider Trading Allegations

How Strong Is the Euro?

Posted: 13 Aug 2015 08:37 AM PDT

The euro looks more likely to fall, returning to its down trend, after the Greek bailout euphoria is over, especially against GBP and USD.

Keep on reading: How Strong Is the Euro?
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