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Former NAB Banker and Gov. Statistician Have Charges Amended in FX Insider Trading Scheme
- Forex Magnates reports on one of the most sensational insider trading cases to hit the retail trading industry. With the court case drawing to an end the defendants tweak their stories at the 11th hour.
Friday, 22/08/2014 | 06:05 GMT by
George Tchetvertakov
Payment Picks: Chinese UnionPay Enters Russian Market, Amazon Lands in Shanghai FTZ
- After prices for using VISA and Mastercard have risen following Western sanctions against the country, Chinese card provider UnionPay will enter the local market, just as Amazon is setting up shop in Shanghai.
Friday, 22/08/2014 | 05:32 GMT by
Victor Golovtchenko
Colorado Company R2 Capital Charged with Fraud and Misappropriation by the CFTC
- After the NFA provided a lead in December last year, the CFTC has charged R2 Capital Group LLC. and its owners its owners, Ryan Tomazin, Ryan Madigan, Randell A.Vest with fraud and misappropriation.
Thursday, 21/08/2014 | 22:18 GMT by
Victor Golovtchenko
ConvergEx Survey Finds 59% of Financial Markets Pros Think the FED Should Raise Rates
- A Survey named US Monetary Policy Survey by brokerage and trading related services provider ConvergEx, reveals the moods of financial industry professionals towards the Federal Reserve and Chairman Janet Yellen.
Thursday, 21/08/2014 | 21:16 GMT by
Victor Golovtchenko
INTL FC Stone’s Sentinel Saga Ends after Seven Years of Legal Battles
- NASDAQ listed INTL FCSTone has issued an announcement outlining that legal options for appealing a court decision from March this year resolving bankruptcy proceedings of the Sentinel Management Group have expired.
Thursday, 21/08/2014 | 16:43 GMT by
Victor Golovtchenko
Goat Funded Trader Surpasses $10 Million in Payouts: Flexible Schedules and Wide range of Methods
- Goat Funded Trader hits $10M payouts, proving it's a top forex prop firm globally.
Thursday, 18/09/2025 | 13:16 GMT by
Goat Funded Trader
ASIC Continues Ongoing Fight with Malpractice in the Financial Markets
- Market regulation operates on a self-regulatory model, leaving ASIC no choice but to play cat-and-mouse with market participants. With workload remaining elevated ASIC is pushing for dialogue rather than court dates
Thursday, 21/08/2014 | 05:29 GMT by
George Tchetvertakov
Even the Best Make Costly Mistakes: Warren Buffet's Berkshire Hathaway Settles
- According to an announcement on the website of the US Department of Justice, Warren Buffet's Berkshire Hathaway has settled for $896,000 in civil penalty related to the acquisition of voting securities in USG Corp.
Wednesday, 20/08/2014 | 20:16 GMT by
Victor Golovtchenko
FOMC Minutes Green-Light More US Dollar Volatility Going Forward
- After the release of the minutes from July's Federal Reserve Market Committee meeting the Euro nears one year lows, just as French President Francois Hollande stated that the single currency is overvalued.
Wednesday, 20/08/2014 | 19:26 GMT by
Victor Golovtchenko
RBA Chief Can Do No More – Glenn Stevens Calls on Businesses to Step Up
- With loose monetary policy having a diminishing effect the more it is implemented and fiscal budgets muzzled by debt, finally central bankers are realizing that it takes more than cheap money to buy economic growth
Wednesday, 20/08/2014 | 10:10 GMT by
George Tchetvertakov
Dubai Tries to Attract Investors by Lowering the Bar for Professional Status and More
- Dubai is set to strengthen the supervisory and enforcement powers of its financial watchdog to get closer in line with International Standards. Also, creates a new category for $500,000 Qualified Investor Fund.
Wednesday, 20/08/2014 | 08:40 GMT by
Avi Mizrahi
CentFX: From Award-Winning Performance to the Dubai Forex Expo Stage
- CentFX brings top-tier liquidity and crypto tools to Dubai Forex Expo, Booth 96.
Thursday, 18/09/2025 | 09:31 GMT by
CentFX
Cleveland FED: Peer-to-Peer Lending - a Funding Channel Set to Grow
Tuesday, 19/08/2014 | 12:09 GMT by
Victor Golovtchenko
Yen LIBOR Manipulation Exposed as Senior Trader Admits Conspiracy to Commit Bank Fraud
- British banker, Paul Robson is the second former Rabobank employee to plead guilty in front of a court in the case of the Japanese Yen LIBOR rigging scandal. FBI: "such criminal activity will not be tolerated.”
Tuesday, 19/08/2014 | 09:25 GMT by
Avi Mizrahi
High-Calibre Infrastructure Is Spearheading Mobile Trading Growth in the APAC Region
- Trading via mobile devices is growing, and according to a study surveying the APAC outnumbers PC trading in the region. Both brokers and traders stand to gain from this shift as mobiles become faster and stronger.
Tuesday, 19/08/2014 | 07:44 GMT by
George Tchetvertakov
Save the Date: Forex Magnates Launches London Summit 2014
- The Forex Magnates London Summit is back on the 18-19th of November at the prestigious Grange Saint Paul’s Hotel, with our signature innovativation panels, renowned industry awards and some surprises in store...
Monday, 18/08/2014 | 14:13 GMT by
FMAdmin Someone
Russia Persists in Ruble Flexing in Face of Geopolitical Uncertainty
- The Russian Central Bank plans to facilitate a free-floating Ruble without regular market intervention. The ambitious plans are being challenged by uncertain market participants and a volatile environment.
Monday, 18/08/2014 | 11:14 GMT by
George Tchetvertakov
So Who Can You Trust?! MIT Business Professor Pleads Guilty to Running a $500 Million Scam
- A former Dean at MIT’s Sloan School of Management, solicited investors for more than half a billion USD based on his "quantitative models derived through extensive research" and channeled them to Bernie Madoff.
Monday, 18/08/2014 | 09:45 GMT by
Avi Mizrahi
Head of Bank of England: Pound’s Appreciation Will Not Prevent an Interest Rate Rise
- In an interview published today, the BoE governor Mark Carney also said he is comfortable becoming the first among the major global central bankers to increase interest rates after the financial crisis.
Sunday, 17/08/2014 | 11:57 GMT by
Avi Mizrahi
“Meet The Experts” Welcomes Its First Commodities Specialist, Ilan Levy-Mayer
- The Experts platform is pleased to announce its newest contributing expert, Ilan Levy-Mayer, Vice President of Cannon Trading Inc., who brings with him expertise in the commodities sector.
Friday, 15/08/2014 | 17:46 GMT by
Jeff Patterson
Bitcoin Picks: DISH Starts Accepting Bitcoin, Illegal Firearms Sales Funded with Bitcoin
- A number of developments happened during this week in the world of Bitcoins - US cable provider, DISH opened its doors to Bitcoin payments, while a man was arrested for illegal firearms trafficking using Bitcoins.
Friday, 15/08/2014 | 14:22 GMT by
Jeff Patterson
Product Review: Major Banks FX Positions Exposed - A Look into eFXnews Plus
- From providing aggregated news to delivering real time sell-side trading ideas from major investment banks - eFXnews launches its eFXplus + service providing an insight into the major banks trading desks.
Friday, 15/08/2014 | 13:51 GMT by
Victor Golovtchenko
Payment Picks: Online Shopping Turns 20, France Tops Euro Fraud Lists
- The current week heralded a number of developments in the realm of payments, including the milestone of online Shopping and Ecommerce turning 20 this week, celebrating the first online credit card transaction.
Friday, 15/08/2014 | 13:42 GMT by
Jeff Patterson
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