US-based Financial Industry National Regulatory Authority (FINRA), along with the Nasdaq Stock Market LLC (Nasdaq), today announced a joint censure and fine against Wedbush Securities in connection…
Posts published in March 2016
The industry-driven and non-profit standards institution, FIX Trading Community (FIX), announced today a sponsorship agreement with the ISO Study Group, the goal of which is…
Julius Baer 2015 Annual Report Sees Net Profit Plunge
The Zurich-headquartered Swiss banking institution, with more than 50 locations worldwide, operated by The Julius Baer Group Ltd., today released its 2015 annual report, as…
Markit and IHS to Merge in All-Stock Deal Valued at $13b
An equity deal that values Markit at roughly $5.9 billion has been reached where business research provider IHS Inc, listed under ticker IHS.N, will acquire…
Australian Government Talks FinTech Reform
The Australian government is preparing to make a number of reforms that accommodate FinTech initiatives to help stimulate innovations for its already sophisticated financial sectors…
Outlook for Dollar Unclear
The US dollar tumbled last week due to the unexpectedly dovish comments of the Federal Reserve, though the currency has started to recover by the weekend. What can traders expect from the greenback this week?…
Great Britain Pound amid Political Turmoil
The Great Britain pound fell today as the split in the ruling Conservative party led to concerns that Prime Minister David Cameron may have problems in holding his party together in voting for staying…
Australian Dollar Recovers from Initial Losses
This week’s trading started with risk aversion that has dragged commodity currencies down. Yet the Australian dollar recovered after initial losses following the rally of Chinese stocks. Chinese…
Blockchain intelligence firm Elliptic just announced a $5 million Series A funding round led by Paladin Capital Group, with participation from Santander InnoVentures, KRW Schindler, Digital…
ASIC Drafts Robo-Advisory Guidelines
Following an increase in the number of firms offering robo-advice to clients, the Australian Securities and Investment Commission (ASIC) today released a regulatory guide and…