Tuesday, August 23, 2016

Court Dismisses SNB Related Class Action Lawsuit Against FXCM

Court Dismisses SNB Related Class Action Lawsuit Against FXCM


Court Dismisses SNB Related Class Action Lawsuit Against FXCM

Posted: 23 Aug 2016 02:27 PM PDT

A New York district court has just dismissed a clads action lawsuit by some shareholders of FXCM Inc, which accused the company of scienter in the aftermath of the Swiss National Bank turmoil in 2015. The company has been granted the dismissal motion after plaintiffs, which include a pension fund from Chicago. The plaintiffs in … Continued

Brexit, Twitter and Behavioral Finance

Posted: 23 Aug 2016 12:40 PM PDT

Even the most seasoned market veterans with nerves of steel are not immune to psychological bias.

Jennifer Granholm Heads Deutsche Bank Compliance Operations in UAE

Posted: 23 Aug 2016 08:40 AM PDT

Jennifer is a former AML officer and compliance manager who has experience in the US, UAE and Hong Kong.

Did UK Tabloids Get Duped by Binary Options Affiliates?

Posted: 23 Aug 2016 08:37 AM PDT

Major media outlets have been blindly posting articles about alleged binary options millionaires for months.

SGX Proposes New Market Capitalization Thresholds to Reduce Risk

Posted: 23 Aug 2016 07:26 AM PDT

SGX has posited that new market capitalization requirements would effectively bolster the existing protocols.

BACB and Temenos Team Up to Implement Corporate Suite Software Solution

Posted: 23 Aug 2016 07:04 AM PDT

BACB has opted to replace its legacy core system with Temenos' CorporateSuite.

Silver Nearing Value Zone, Bulls Hoping for Dovish Yellen Speech

Posted: 23 Aug 2016 07:03 AM PDT

Silver could start a strong rally if investors establish a support base and if Yellen delivers a dovish speech on Friday.

Thomson Reuters Teams with Amareos and Oddup for First Asia Apps On Eikon

Posted: 23 Aug 2016 06:35 AM PDT

The partnership promotes innovation in Asia and globally, opening up new and exciting opportunities in the fintech market.

UBS Reinforces Junk-Debt Trading Business with Two New Appointments

Posted: 23 Aug 2016 06:04 AM PDT

UBS has appointed junk-debt traders Jeff Chang and Vivek Raman who join the Swiss bank from Morgan Stanley.

Tradimo Appoints Female Chess Standout Hou Yifan as its Brand Ambassador

Posted: 23 Aug 2016 05:29 AM PDT

Hou Yifan joins Tradimo Interactive as its Brand Manager, helping meld the worlds of investing and chess.

CashFlows Revamps its Management Team with Three New Appointments

Posted: 23 Aug 2016 04:54 AM PDT

The high-profile executive appointments reflect CashFlows' rapid growth and expansion.

Forex Development Corp Names Peg Reed as its Chief Operating Officer

Posted: 23 Aug 2016 04:10 AM PDT

The company headed by Mitch Eaglstein has on-boarded a key industry executive to bolster its team.

Rob Fletcher Named Head of Quantitative Analysis at Evergreen Consultants

Posted: 23 Aug 2016 03:45 AM PDT

After more than sixteen years in financial analysis, Mr. Fletcher joins Evergreen Consultants in a new senior role.

How We Did It: Insights on Successfully Entering the Chinese Market

Posted: 23 Aug 2016 03:44 AM PDT

Keeping challenges and differences between East and West in mind, your potential for growth in China and APAC is immense.

Ripple Formed its Own Blockchain Consortium with Banks in Japan

Posted: 23 Aug 2016 03:36 AM PDT

Ripple projects that the new payments service will go live in the spring of 2017 with 30 Japanese banks.

Mega International Commercial Bank Fined $180m for AML Violations

Posted: 23 Aug 2016 03:15 AM PDT

Taiwan is investigating whether Mega Financial and its banking unit broke local criminal laws after receiving a US fine.

Tullett Prebon Taps Rebecca Shelley as its Global Head of Corporate Affairs

Posted: 23 Aug 2016 02:58 AM PDT

Shelley joins Tullett Prebon after a career spanning two decades to develop the group's corporate profile.

Hong Kong SFC Suspends Ku Yuen ‎Leung over Suspicious Trades

Posted: 23 Aug 2016 02:54 AM PDT

According to the independent regulator, Ku's misconduct has undermined the integrity of the market.

ForexMart Launches Sponsorship Deal With RPJ Racing

Posted: 23 Aug 2016 02:22 AM PDT

ForexMart has inked a new sponsorship ahead of the British GT Championship.

The Fringe on the Fringe: Do the Outsiders Matter?

Posted: 23 Aug 2016 02:05 AM PDT

Gary Johnson, Jill Stein and Evan McMullin - not to be ignored.

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