Pakistan’s second largest trading venue, the Lahore Stock Exchange (LSE), extended its electronic trading capabilities with the launch of a new algorithmic trading system. The…
Posts published in February 2015
Dollar Ends Trading Mixed After Greek Debt Agreement
The US dollar ended the Friday’s session mixed. The currency was flat against the euro but gained on the Great Britain pound and was slightly up versus the Japanese yen. The main driver for the currency…
Plus500 Remains Attractive Buy as Deutsche Bank Customers Increase Their Stake in the Broker
Deutsche Bank, a leading investment banking institute, has filed that it has increased its shareholding of UK-listed broker-dealer Plus500 to 7.23% from 5.38%. Similar to…
Euro Bounces After Reports About Greek Bailout Agreement
The euro was rather weak during the most part of the current trading session due to uncertainty about Greece and its future in the eurozone. Yet the currency bounced after reports that the Greek government…
KPMG Releases Alpari UK Update, Claim Procedure and Upcoming Meeting
In a latest string of ongoing claims, KPMG has given an update on Alpari UK, including the outlining of the process of a client money…
FX Sales Veteran Richard Pullen Leaves Citi to Join Lloyds Bank
Veteran FX salesperson Richard Pullen has relinquished his role at Citi to join Lloyds Bank Commercial Banking as its newest director in the global corporate…
Cantor Fitzgerald Appoints Steven Bisgay as CFO
Cantor Fitzgerald L.P. has announced the addition of Steven Bisgay as its newest Chief Financial Officer (CFO), having joined from KCG Holdings Inc., where he…
GFI Group Finally Succumbs to BGC Parters, Management Supports Offer
BGC Partners, Inc. (NASDAQ: BGCP) and GFI Group Inc. have announced the culmination of a tendered offer support agreement in which GFI’s board of directors…
Dukascopy liquidity providers have issued a warning to its clients, as the proverbial clock strikes midnight, on a looming finality between Greece and the Eurozone,…
Canadian Dollar Bounces Back After Earlier Losses
Canadian dollar was losing ground to its major counterparts earlier, but now the loonie has bounced back a bit. Speculation about the eurozone, along with concerns about what’s next…