The U.S. has gained 255,000 new jobs in July, which by all means is a proof that companies are still hiring plenty of workers despite the lower speed of the economy. The much stronger than expected increase in new jobs has slightly accelerated the odds that the Fed might raise interest rates as early as September. The central bank held off after…
Read moreThe Board of the International Organization of Securities Commissions (IOSCO) has published a Consultation Report on liquidity of the secondary corporate bond markets, with a view to encouraging the public to comment on its analysis, data and conclusions. The Board also requests that market participants provide any data relating to liquidity in the corporate bond…
Read moreThe Australian forex broker USGFX has announced that it has partnered with PsyQuation, a developer and provider of behavioural analytical software, to give traders valuable insights into their trading patterns and habits. PsyQuation offers a state-of the-art alert system designed to help forex traders maximise profits by eliminating costly trading mistakes. It provides traders with a visual…
Read moreAnthony Jenkins, the former Barclays Bank CEO who last year forecast a 50% cut in bank branches and staffing due to digital upheavals in the sector, has joined non-bank foreign exchange firm Currencies Direct as non-executive chairman. Jenkins in May told a meeting in Parliament that he had reviewed 100 fintech businesses and met 50 as…
Read moreThomson Reuters has seen a significant increase in new Eikon Messenger account registrations after the announcement that Yahoo will discontinue support for its legacy messaging and API service on August 5, 2016. Global energy company Gazprom Marketing and Trading Limited and Dong Energy, Denmark’s largest energy company, are the latest firms to publicly endorse Eikon…
Read moreThe Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), has announced that with effect from 12 August, 2016 (Friday), 25 additional securities will be eligible for short selling and 32 existing designated securities will be removed from the list. The total number of designated securities for…
Read moreThe new version of the MetaTrader 5 for Android features a free built-in chat, which traders can use to chat with other MQL5.community members straight from the platform. Now it is possible to send an instant message directly to a selected recipient's mobile device. Traders can now chat with any MQL5.community member at any time…
Read moreA new partnership between Avelacom and SGX aims to improve accessibility of low latency applications that are in high demand among hedge funds, trading firms, investments banks both within and outside the APAC region. Avelacom’s network comprises of the most direct, low latency fiber routes with Singapore. By setting up a new point of presence…
Read moreThe U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court Consent Order imposing a permanent injunction against Defendants Hendrik A. Van Beuningen and his company, DeBrink Trading Fund I, LLC, and requiring them to pay a $430,000 civil monetary penalty and restitution of $480,000 to defrauded pool participants. The Court’s Order against the Defendants…
Read moreRay Kahn, who held many of the senior roles in banking giant Barclays PLC (ADR) (NYSE:BCS)'s clearing business over the past 8 years, is no longer with the bank. A spokesman for Barclays declined to comment on Kahn's departure, but said the bank is still committed to its swaps clearing business. Clearing, which involves a third party stepping…
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