Tuesday, May 3, 2016

Seven Major Banks Settle Swap Rates Fixing Class Action for $324 mln

Seven Major Banks Settle Swap Rates Fixing Class Action for $324 mln


Seven Major Banks Settle Swap Rates Fixing Class Action for $324 mln

Posted: 03 May 2016 04:18 PM PDT

Law firm Scott + Scott has now prompted settlements for a number of big banks for over $1.1 billion in class action lawsuits

Borsa Istanbul Extends Offerings With Equity Market Data Analytics

Posted: 03 May 2016 11:31 AM PDT

Equity Market Data Analytics providing information about market conditions and trends will be distributed from 1st June, 2016.

Bitcoin Community Refuses to Accept Craig Wright as Satoshi Nakamoto

Posted: 03 May 2016 06:37 AM PDT

Despite the seal of approval from Gavin Andresen and Jon Matonis, some are demanding more irrefutable proof.

Cinnober Financial Technology AB Posts Higher Net Sales in Q1 Results

Posted: 03 May 2016 06:27 AM PDT

The company struck new deals, despite the dip in profit before tax during Q1.

Ex-Morgan Stanley FX Trader Thomas Richards Lands at Systematica Investments

Posted: 03 May 2016 05:50 AM PDT

After more than a decade in the FX space, Thomas Richards has landed at Systematica Investments as a quant analyst.

CME Group Sees Momentum Snapped With Uneven April Volumes

Posted: 03 May 2016 05:36 AM PDT

After a record setting March, CME's volumes took a step back in April, with mixed volumes across its business.

SGX Introduces MSCI China Index Contracts To Meet Investor Demand

Posted: 03 May 2016 05:29 AM PDT

SGX has added MSCI China Free Index to its offerings making it more representative of the breadth of equity markets in China.

Broadridge Financial Launches Global Post Trade Management Solution

Posted: 03 May 2016 05:11 AM PDT

The new GPTM solution aims to help unlock cost and operational efficiencies.

CySEC Head: FX and Binary Options Call Centers May Be Required to Move Here

Posted: 03 May 2016 04:42 AM PDT

Third country licenses, KYC and the future of binary and call centers: Demetra Kalogerou answers the tough questions.

OptionRally Sponsors Ferrari Team as Andrew Savvides Joins From FX Primus

Posted: 03 May 2016 04:40 AM PDT

OptionRally becomes an official partner of Ferrari Scuderia, after new hire.

Five Common Misconceptions about Starting your First Company in China

Posted: 03 May 2016 04:37 AM PDT

Five simple tips to help you take the right first step when expanding your operations into China.

World First Launches New Payments Service in Japan

Posted: 03 May 2016 04:24 AM PDT

International merchants selling to customers in Japan can save time and money when transferring sales proceeds home.

Breaking: Gain Capital Restates Financials Materially Decreasing Net Income

Posted: 03 May 2016 04:21 AM PDT

Net income for certain 2015 periods was restated downwards today by $15.8 million.

HKEx Taps Former Goldman Strategist Kenneth Kok as its Head of Cash Trading

Posted: 03 May 2016 03:36 AM PDT

Mr. Kok joins HKEx from Goldman Sachs, having worked at the lender for over seventeen years.

Trading Central Partners With Profile Booster To Offer Enhanced Services

Posted: 03 May 2016 02:44 AM PDT

The new agreement has created a synergy to deliver enhanced technical analysis services to retail brokers in Australia.

Coinsecure Founders: “The Opportunity for Bitcoin in India is Humongous”

Posted: 03 May 2016 02:18 AM PDT

The Hawala network had for decades been laundering millions with no record at all - Bitcoin can actually stop that.

Commerzbank Reports Steep Fall In Q1 2016 Net Profit

Posted: 03 May 2016 01:47 AM PDT

Commerzbank has posted a 52 percent drop in first-quarter net profit amid volatile capital markets and low interest rates.

DGCX Sees April Volumes Storm Higher, Fueled by Gold, Futures

Posted: 03 May 2016 01:24 AM PDT

The DGCX's rampant volumes growth has continued into April, with Indian rupee futures and gold leading the charge.

Silver Market Strong, but it’s Time to be Cautious

Posted: 03 May 2016 12:42 AM PDT

The vertical price action currently taking place tends to indicate that we are nearing a top due to excessive speculation.

FXPA Meeting With UK Regulators to Roll Out Global Code of Conduct

Posted: 03 May 2016 12:08 AM PDT

The FXPA kicked off a round of meetings with UK institutions, helping solidify a global code of conduct for the FX industry.

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