Monday, August 3, 2015

“Rain Man” Trader Convicted to 14 Years in Prison for LIBOR Rigging

“Rain Man” Trader Convicted to 14 Years in Prison for LIBOR Rigging


“Rain Man” Trader Convicted to 14 Years in Prison for LIBOR Rigging

Posted: 03 Aug 2015 06:07 PM PDT

Trader Tom Hayes got a hefty prison sentence for actively participating in the manipulation of the Japanese yen LIBOR rate

Keep on reading: "Rain Man" Trader Convicted to 14 Years in Prison for LIBOR Rigging

Interactive Brokers Reports July 2015 Volumes, DARTs Surge MoM

Posted: 03 Aug 2015 12:24 PM PDT

For the month ending July 2015, the number of DARTs yielded just 652,000 in June 2015, corresponding to a jump of 8.7% MoM from June 2015

Keep on reading: Interactive Brokers Reports July 2015 Volumes, DARTs Surge MoM

Who Is Behind Your Binary Options Brokerage? A Definitive List

Posted: 03 Aug 2015 09:08 AM PDT

Finance Magnates provides a look at the technology providers behind some of the largest binary options services in the world.

Keep on reading: Who Is Behind Your Binary Options Brokerage? A Definitive List

€1 Million Worth of Bitcoin Seized in Italian Dark Net Crackdown

Posted: 03 Aug 2015 08:29 AM PDT

An Italian dark net site has been shut down and wallets containing €1 million worth of bitcoin have been seized in "Operation Babylon."

Keep on reading: €1 Million Worth of Bitcoin Seized in Italian Dark Net Crackdown

Optimal Payments’ Stephen Shaper Relinquishes Directorship

Posted: 03 Aug 2015 06:43 AM PDT

Mr. Shaper's decision snaps a three-year stint as Optimal Payments' non-executive Director of the Company, a position he has held since 2012

Keep on reading: Optimal Payments' Stephen Shaper Relinquishes Directorship

Elliptic Wins The Banker Technology Award for Security

Posted: 03 Aug 2015 06:25 AM PDT

Calculating the Probability Your Trade Gets to Target

Posted: 03 Aug 2015 05:28 AM PDT

Most of us have a 'general idea' of what the probability is that our profit or target will be reached, others however, are aiming blindly.

Keep on reading: Calculating the Probability Your Trade Gets to Target

First Derivatives Adds Jon Robson as Non-Executive Director

Posted: 03 Aug 2015 05:19 AM PDT

Mr. Robson joins the board with a vast wealth of experience as an executive and independent director in the capital markets industry.

Keep on reading: First Derivatives Adds Jon Robson as Non-Executive Director

Weekly Recap: More Blockchain, MtGox Revisited

Posted: 03 Aug 2015 04:48 AM PDT

What was another quiet week in the world of crypto was in fact indicative of the likely direction where it is headed: the blockchain.

Keep on reading: Weekly Recap: More Blockchain, MtGox Revisited

The Sun Never Sets on the British Financial Empire

Posted: 03 Aug 2015 04:10 AM PDT

In our latest Quarterly Trading Industry Report Finance Magnates explores the factors sustaining the UK as a global financial hub.

Keep on reading: The Sun Never Sets on the British Financial Empire

Karpeles Accused of Misappropriating ¥1.1 Billion in Deposits

Posted: 03 Aug 2015 03:13 AM PDT

Former MtGox CEO Mark Karpeles is facing fresh allegations of misusing customer funds following his arrest on Saturday.

Keep on reading: Karpeles Accused of Misappropriating ¥1.1 Billion in Deposits

Deutsche Bank Researching Blockchain Tech as Part of Strategy 2020

Posted: 02 Aug 2015 01:40 PM PDT

Deutsche Bank (DB) is researching how blockchain technology can be used for a plethora of applications.

Keep on reading: Deutsche Bank Researching Blockchain Tech as Part of Strategy 2020

Four International Banks Added to FX Manipulation Lawsuit

Posted: 02 Aug 2015 12:03 PM PDT

Additional French, British, Canadian and Japanese banks allegedly took part in "The Cartel" and "The Bandits' Club."

Keep on reading: Four International Banks Added to FX Manipulation Lawsuit

Greek Stock Market Poised to Reopen on Monday

Posted: 31 Jul 2015 03:04 PM PDT

The Greek stock market is expected to reopen early next week, after having been under lock-down for five weeks.

Keep on reading: Greek Stock Market Poised to Reopen on Monday

Swiss National Bank Loses over $52 Billion in First Half of 2015

Posted: 31 Jul 2015 10:41 AM PDT

The central bank of Switzerland has been the biggest loser from its own actions undertaken on January 15th to scrap the floor under the EUR/CHF

Keep on reading: Swiss National Bank Loses over $52 Billion in First Half of 2015

The Reserve Bank of Australia’s Course and the Aussie Exchange Rate

Posted: 31 Jul 2015 10:00 AM PDT

As the Chinese stock market collpases, the Australian dollar hits new multi-year lows, Jarratt Davis checks out the fundamentals

Keep on reading: The Reserve Bank of Australia's Course and the Aussie Exchange Rate

Deutsche Bank Reports Q2 Metrics, FX Business & Litigation Fees in Focus

Posted: 31 Jul 2015 05:28 AM PDT

Deutsche Bank's Q2 financial earnings were highlighted by weighty litigation costs, helped in part by standout FX performance.

Keep on reading: Deutsche Bank Reports Q2 Metrics, FX Business & Litigation Fees in Focus

Is It Smart to Join the Smartwatch Revolution?

Posted: 31 Jul 2015 03:36 AM PDT

This year, at least five brokers have already introduced their applications for smartwatch devices. Will other firms join?

Keep on reading: Is It Smart to Join the Smartwatch Revolution?

First Quarter Revenues at Monex Tick Higher as Japan Market Booming

Posted: 31 Jul 2015 02:39 AM PDT

The company's Chinese business has ticked into the black for the first time ever while Japanese client deposits hit an all-time high

Keep on reading: First Quarter Revenues at Monex Tick Higher as Japan Market Booming

IMF Could Back Away from Third Greek Bailout Program

Posted: 30 Jul 2015 06:32 PM PDT

The European institutions will have to cope without the International Monetary Fund when designing the third bailout for Greece

Keep on reading: IMF Could Back Away from Third Greek Bailout Program

Dukascopy Ventures into Mobile Payments With Connect App

Posted: 30 Jul 2015 02:06 PM PDT

The Swiss bank is launching a solution designed to facilitate instant mobile payments while providing favorable exchange rates

Keep on reading: Dukascopy Ventures into Mobile Payments With Connect App

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