American Airlines Group Inc (NASDAQ:AAL), the No. 1 U.S. airline by passenger traffic, has reported quite a drop in profit. A year earlier the airline company recorded a $3 billion tax benefit. American Airlines Group Inc announced that its net income fell to $289 million, or 56 cents per share, in the fourth quarter ended December 31,…
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Moscow Exchange (MOEX) made an announcement to all the users of MOEX terminals for Equity (MICEX Trade SE, MICEX SE Analytic), FX (MICEX Trade Currency, MICEX Currency Analytic) and Money (MICEX Trade TI) markets who connect to the Exchange trading systems over the Internet. Moscow Exchange has finished the setup of the infrastructure to allow…
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Hong Kong's securities regulator SFC said brokers in the city had suffered cyber attacks and warned of possible further incidents across the industry, Reuters reported earlier today. Regulators in Hong Kong have been stepping up efforts over the past year to combat the growing menace of cyber attacks on companies. A survey in November showed…
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Retail forex broker Alpari just announced that from 30th January, 2017, the company will no longer offer the service providing the automatic correction of positions for PAMM Accounts. Due to this, the Appendix to the PAMM Account Regulations: Auto-corrector Service will be deleted from the website and myAlpari.
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The European Securities and Markets Authority (ESMA) has published a new Questions and Answers (Q&A) document, comprising six questions, on the implementation of its Guidelines on the Alternative Performance Measures for listed issuers. An alternative performance measure is a financial measure of historical or future financial performance, financial position, or cash flows, other than a…
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The Cyprus Securities and Exchange Commission (CySEC) has announced that Banc de Binary Ltd has decided to renounce its authorization a week ago. The company provides investment services through the website eu.bancdebinary.com. Under these circumstances, the AMF recommended that investors who have opened an account on this website immediately send a registered letter to Banc…
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BrokerTec, NEX Group (LON:NXG)’s global electronic fixed income trading platform, announced today that it has agreed to acquire a controlling majority stake in e-MID SIM SpA “e-MID”, the first Italian electronic central limit order book (CLOB) platform for interbank deposits and Overnight Indexed Swaps (OIS). The transaction is subject to certain conditions, including most importantly the…
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Aussie banks are increasing their commitment to electronification, spurred on by aggressive competition from non-bank market makers – particularly for spot FX business The electronification of FX is of huge benefit to clients globally who need to deal in the Australian time zone. According to Euromoney, Vinay Trivedi, FlexTrade’s senior vice-president, strategic initiatives, suggested Australian banks…
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Monex Group Inc. (TYO:8698) just reported its quarterly financial results of its wholly-owned subsidiary, Monex, Inc., for the 3Q of the fiscal year ending March 31, 2017 prepared in accordance with the generally accepted accounting principles in Japan. And it doesn't look so good at all. Operating revenue for the 3Q 2016 was ¥22,070 million,…
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U.S. Commodity Futures Trading Commission Acting Chairman J. Christopher Giancarlo announced that General Counsel Jonathan L. Marcus will depart the agency. Mr. Marcus joined the agency in 2011 as Deputy General Counsel for Litigation, and was promoted to General Counsel in 2013. Acting Chairman Giancarlo also announced that Robert A. Schwartz, currently the Deputy General…
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