Are you the publisher? Claim or contact us about this channel


Embed this content in your HTML

Search

Report adult content:

click to rate:

Account: (login)

More Channels


Channel Catalog


older | 1 | (Page 2) | 3 | 4 | .... | 32 | newer

    0 0

    Source: Wall Street JournalZusha Elinson has written a fun and thought-provoking article in today's Wall Street Journal.  The article is titled, "Is the Tech Bubble Popping?  Ping Pong Offers an Answer."   Elinson found that ping pong table sales decreased 50% in the first three months of 2016.   Venture capital financing decreased by 25% in the same time period.  Elinson cites information from retailers and wholesales indicating that firms such as Twitter, Intel, and Yahoo have all reduced or stopped their purchases recently.  Is there any truth to the theory that ping pong sales are a leading indicator?  Who knows?!  However, it's worth noting that many large companies have purchased ping pong tables (and other games) in recent years, in hopes of emulating the culture of start-ups in Silicon Valley.   They have learned a hard lesson.  Buying ping pong tables does not create an innovative culture.  In fact, it does nothing really unless you transform the fundamental attitudes, beliefs, and values of the organization.  In fact, you create a skepticism in many employees if you add ping pong tables, but fail to change the shared norms, expectations, reward systems, and leadership style of the organization.   They see the move for just what it is - a superficial attempt to influence employee satisfaction without an underlying shift in how work actually gets done.  

    0 0

    The Management Board of Deutsche Börse AG has noted that Intercontinental Exchange, Inc. has today released a statement of intention not to make an offer for London Stock Exchange Group plc.

    0 0

    Toronto Stock Exchange (TSX) today announced that it has surpassed a significant milestone with more than 400 exchange traded funds (ETFs) now listed. Since the beginning of 2011, the number of ETFs listed on TSX has more than doubled, bringing the total market capitalization to approximately $106 billion as of April 30, 2016.read more...

    0 0

    The Securities and Exchange Commission (SEC) proposed a new registration form in 2015 for alternative trading systems (ATS), Form ATS-N, which would make details for each platform’s broker-dealer affiliates and operations publicly available. The proposal would impose new transparency requirements on all ATSs, also referred to as “dark pools,” which accounted for 15% of total industry volume and 39% of off-exchange volume in 2015. TABB’s latest market note, “ATS Transparency: The Industry Weighs In on Proposed Form ATS-N,” recaps market participants’ concerns and lays out specific areas for enhancements that TABB believes will ensure an effective transparency regime.read more...

    0 0

    The U.S. Department of the Treasury is offering $62 billion of Treasury securities to refund approximately $60.1 billion of privately-held Treasury notes maturing on May 16, 2016.  This will raise new cash of approximately $1.9 billion.  The securities are:read more...

    0 0

    Effective from May 2, 2016, Akbank became a market maker in USD/TRY Options.Upon registration of Akbank as a market maker, the number of market makers in USD/TRY Options has increased totwo. The trade volume in USD/TRY Options, under the new market making program,  reached TRY 4.2 billion, up to 70 folds in 2015 compared to the previous year. The number of accounts trading in the related contracts also increased with the introduction of the new market making program. Domestic and foreign investors’ interest in USD/TRY Options are expected to further increase.One of the world’s fastest growing derivatives market Borsa Ä°stanbul Derivatives Market (VIOP) is becoming the region’s most preferred risk management platform for investors and companies in management of all kinds of risks with the wide range of regional benchmark products across all major asset classes, increasing liquidity and central counterparty clearing service.

    0 0

    Crowe Horwath, a leading global risk consulting firm, reached an agreement to acquire BaxterBruce Ltd. the U.K.'s specialized insurance industry management consulting firm. By joining forces, the two firms will create one of the U.K.'s premier risk consulting firms to the financial services industry. Financial terms were not disclosed.read more...

    0 0

    Click here to download the Apriln edition of the PEX Monthly Investor Newsletter.

    0 0

    Due to the May Public Holiday in Russia NCC Clearing Bank is decreasing the risk parameters for the period from May 4, 2016 .read more...

    0 0

    Attorney General Eric T. Schneiderman today announced that his office has received an over 40% increase in data breach notifications involving New Yorkers so far this year as compared to the same time last year. Companies are required to provide notice to Attorney General Eric Schneiderman’s office, as well as consumers, pursuant to the New York State Information Security Breach & Notification Act. The Attorney General’s Office works with companies to protect consumers upon notification. To meet the increased volume and to provide efficiency in reporting, his office has now provided companies with the ability to file notice electronically via a web submission form on the New York State Attorney General’s office website here. read more...

    0 0

    The world watched last year as Chinese markets plunged. Speculation ran rife as the West argued whether this was a correction, an evolution or the beginning of the end.read more...

    0 0

    In April, Moscow Exchange's Indices reflected the positive trend on the Russian stock market. The MICEX Index was up 4.38% to 1,953.05 (from 1,871.15 on 31 March), while the dollar-denominated RTS Index rose 8.55% to 951.11 (from 876.20).read more...

    0 0

    TMX Group Limited today announced April 2016 trading statistics for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange (Alpha), Montréal Exchange (MX) and NGX.read more...

    0 0

    The Securities and Exchange Commission today charged two men with pocketing investor money they raised for limited liability companies they owned and controlled that purportedly held warrants to purchase the common stock of a technology startup company.   The SEC alleges that James R. Trolice and Lee P. Vaccaro raised approximately $6 million from more than 100 investors by creating a false sense of urgency and exclusivity around the offering, claiming that only a limited amount of warrants were available and that they eventually could be exercised at a very profitable price. Trolice further lured investors by showcasing his apparent wealth and hosting elaborate investor parties at his multi-million-dollar home. He also touted his purported track record of bringing startup companies public and obtaining high returns for investors.     Meanwhile, Trolice allegedly used investor funds to pay his mortgage along with other bills for a credit card, car lease, college tuition, and landscaping. Vaccaro allegedly spent at least a quarter-million dollars in investor funds at Las Vegas casinos.   The SEC further alleges that neither Trolice nor Vaccaro was registered with the SEC or any state regulator.  Investors can quickly and easily check whether people selling investments are registered by using the SEC’s investor.gov website.   “We allege that Trolice and Vaccaro lied to investors about the nature of the investment, created a phony aura of success, and ultimately funded their own lifestyles rather than investing all the money as promised,” said Andrew M. Calamari, Director of the SEC’s New York Regional Office. “The SEC continues to pursue and investors should continue to be aware of unregistered brokers selling investments.”   The SEC’s complaint, filed today in federal court in Newark, N.J., also charges former stockbroker Patrick G. Mackaronis, who received commissions for bringing prospective investors to Trolice and Vaccaro so they could close the sales. Mackaronis ignored fraud risks and blindly touted the opportunity to family members, friends, and brokerage clients while knowing very little about the investments themselves. Mackaronis has agreed to settle the SEC’s charges by disgorging the $85,000 in commissions he received plus paying $8,486.91 in interest and a $50,000 penalty. Mackaronis also agreed to a three-year bar from the securities industry. The settlement is subject to court approval.    In parallel actions, the U.S. Attorney’s Office for the District of New Jersey today announced criminal charges against Vaccaro, and the New Jersey Bureau of Securities announced civil charges against Trolice, Vaccaro, and Mackaronis.   The SEC’s complaint charges Trolice and Vaccaro with violations of Sections 5(a), 5(c), and 17(a) of the Securities Act of 1933, Sections 10(b) and 15(a) of the Securities Exchange Act of 1934 and Rule 10b-5. Vaccaro is additionally charged with violations of Sections 206(1) and 206(2) of the Investment Advisers Act of 1940.    The SEC’s continuing investigation has been conducted by Kristin M. Pauley, Ann Marie Preissler, James E. Burt IV, James Flynn, Jacqueline A. Fine, Leslie Kazon, and Sheldon L. Pollock in the New York office. The litigation will be led by Kevin McGrath and Ms. Pauley.  The case is being supervised by Sanjay Wadhwa. The SEC appreciates the assistance of the U.S. Attorney’s Office for the District of New Jersey and the New Jersey Bureau of Securities. Related Materials SEC complaint

    0 0

    The European Securities and Markets Authority (ESMA) has published today a request for amending its draft Regulatory Technical Standards (RTS) on transaction reporting (RTS 22) under the Markets in Financial Instruments Regulation (MiFIR).read more...

    0 0

    Related documents:read more...

    0 0

    The Tokyo Commodity Exchange announced today that the trading volume for fiscal 2015 (April 2015 - March 2016) totaled 26,159,658 contracts, up 15.3% from the prior year. Average daily volume was 106,774 contracts, up 15.8%. The market was active as price volatility increased with turmoil in emerging economies, including China. Other causes include a slump in crude oil and other commodities and a negative interest rate stance adopted by global central banks, such as BOJ. read more...

    0 0

    The European Banking Authority (EBA) published today corrective updates to two versions of its XBRL taxonomies for supervisory reporting, correcting technical errors in the implementation of some validation rules.    Following the publication by the European Commission of the relevant amendments to the Implementation Technical Standards on supervisory reporting, the EBA also confirms the first applicable reference date for the 2.4 version of the taxonomy as 30 September 2016. read more...

    0 0

    BISX is pleased to announce its BISX All-Share Index and trading statistics for the three-month period ending March 31, 2016 with comparison to the same period of 2015.read more...

    0 0

    The Board of LSEG notes the announcement made by ICE that, in accordance with the requirements of the City Code on Takeovers and Mergers (the "UK Takeover Code"), ICE does not intend to make an offer for LSEG.read more...

older | 1 | (Page 2) | 3 | 4 | .... | 32 | newer