A poison pill helps prevent an unsolicited bid to buy a company, keeping the company under the control of the Board. It is NOT about raising money.
Read more"During the fourth quarter, KCG generated solid financial results due in part to an improved operating environment. The U.S. equity market posted higher average daily share volume, dollar volume and realized volatility on both a sequential and annual basis." - David Coleman, CEO, KCG
Read moreJefferies LLC, which also advised on the sale of Hotspot FX earlier this week, is running the sale of FXCMPro, as FXCM looks to shed non-core assets. So how much is FXCMPro worth?
Read moreAccording to the results of the year 2014, inflation totaled 11.4% while core inflation was 11.2%. Meanwhile, in December 2014, monthly consumer price growth was 2.6% amid considerable ruble depreciation, which now stands the Russian currency at less than 70 rubles to the dollar
Read moreChina's CITIC has agreed to buy Li Zhi Da's 60% stake in KVB. Next - an offer for the public shareholders.
Read moreWithin the last six months of 2014, ASIC took stringent action against a number of FX companies, and voiced its trepidation toward the practices of certain firms. Commissioner Greg Tanzer has stated today that retail FX trading is a matter which features as an important part of the regulator's agenda
Read more"We are providing M&A opportunities and favourable capital investment terms to forex brokers that are experiencing financial stress due to recent market events.” - Mitch Eaglstein, CEO, Fortress Prime
Read moreAlpari has emerged as the leader in the Russian retail Forex market in 2014, according to the latest comprehensive study provided by Interfax-CEA. The broker has managed to win the first place amid all retail Forex companies active in the Russian market both in terms of clients and in terms of volumes. According to the…
Read moreThe company has raised the amount of collateral investors have to post upfront, as a percentage of the trade by 3%, on average, on currencies from the Colombian peso to the Indian rupee
Read moreCySec's entirely new website consists of clearly listed announcements which are arranged on a per-category basis, and clear distinction between English and Greek languages. The alerts service has also been replaced by RSS feed updates, however certain newly-licensed firms are now omitted from the list of CIFs
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