July 02, 2015 BY Maria Nikolova
Allianz Global Investors raises stake in IG Group above 5%
The Germany-based investment manager now holds 18,483,410 shares, or a 5.05% stake, in IG Group.
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July 02, 2015 BY Mike Fox
CME Group announces record volume day in corn futures
Corn futures reached 845,770 contracts on June 30th coinciding with the release of the latest USDA Grain Stocks Report, surpassing the previous record of 796,786 on June 26, 2015.
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July 02, 2015 BY Mike Fox
Angry Muscovite suing Russian Central Bank for Ruble decline!
The plaintiff, Mr. V. A. Simonov's court claim argues that the Central Bank's inaction toward the falling value of the ruble "subsequently led the government into a crisis," Russian news agency RIA Novost reported.
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July 02, 2015 BY Mike Fox
INTL FCStone to consolidate its 3 U.S. subsidiaries
Sean O'Connor, CEO of INTL FCStone Inc., said, "The merger will establish a larger and more efficient capital base, and will allow us to offer all of our clients a broader scope of products in a more streamlined manner. This move will benefit both our growing base of clients as well as drive capital and operational efficiencies for our shareholders."
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July 02, 2015 BY Mike Fox
SGX Rupee contracts report record smashing June numbers
Since the beginning of the year, the Indian rupee has demonstrated its resilience against the US dollar, depreciating far less than other emerging-market currencies. It retreated a modest 0.94% against the US dollar year-to-date, outperforming the euro and Asian currencies.
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July 01, 2015 BY Mike Fox
FXtradeweb now operating under FCA UK authorization
FXtradeweb, an Estonian based Forex broker operating in the Nordic country since its launch two years ago has branched out with an office in London and has stated it is operating under FCA authorization and registration. The company officially announced this news today with the following: FXtradeweb (fxtradeweb.com) is now operating under FCA UK regulation, the standards enforced…
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July 01, 2015 BY Mike Fox
Singapore firm SDiX to launch world’s 1st electronic exchange for diamond market
Brings exchange technology to the diamond market, creating a new global marketplace for fair, orderly and transparent trading of diamonds.
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July 01, 2015 BY Mike Fox
Vested, a new communications agency for financial industry launches
Vested is an integrated communications agency, helping brands tackle their sales and marketing objectives through paid, owned, earned and shared media campaigns. Leveraging decades of deep financial knowledge and creative expertise.
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July 01, 2015 BY Maria Nikolova
Interactive Brokers sees further trading activity drop in June, DARTs down 3%
June turned out to be another slow month in terms of trading activity at Interactive Brokers, as daily average revenue trades fell 3% from May levels to 600,000.
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July 01, 2015 BY Maria Nikolova
ICE Data Services names Lynn Martin President and COO
David Goone, who has been with ICE since 2001, becomes Chairman of ICE Data Services.
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