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  • SEC Announces Charges In Houston-Based Scheme Touting Technology To End Fracking

    Date 15/08/2014

    The Securities and Exchange Commission today announced charges against a Houston-based penny stock company and four individuals behind a pump-and-dump scheme that misled investors to believe the company was on the brink of developing revolutionary technology to enable environmentally friendly oil-and-gas production.

  • The Espirito Santo Bank Matter In Portugal: Eurofin Group Categorically Refutes The Allegations Of The Wall Street Journal

    Date 15/08/2014

    Over the course of the previous weeks Eurofin received numerous questions from the Wall Street Journal and from other media regarding its role in the events surrounding the collapse of the Espirito Santo Group (GES) and Banco Espirito Santo (BES). In the interests of transparency, Eurofin answered these questions to the best of its knowledge at that time.

  • LBMA Silver Price Launches New Era In Pricing Precious Metals

    Date 15/08/2014

    CME Group, the world’s leading and most diverse derivatives marketplace, and Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, have launched the new LBMA Silver Price mechanism in partnership with the London Bullion Market Association (LBMA). CME Group, Thomson Reuters and LBMA have joined forces to provide the over-the-counter spot silver market with a new  transaction-based price-setting mechanism for the LBMA Silver Price that is IOSCO-compliant and fully electronic. CME Group will provide the electronic auction platform on which the price will be calculated, Thomson Reuters will be responsible for administration and governance and the LBMA will accredit price participants. The new LBMA Silver Price benchmark will be published and distributed by Thomson Reuters and will be available on the LBMA’s website. 

  • ASIC: Macquarie Equities’ Financial Advice Remediation

    Date 15/08/2014

    ASIC announced Macquarie Equities Limited (MEL) will today begin writing to current and former clients about possible remediation for flawed financial advice.

  • EEX Power Derivatives Reach Yearly Record Level - Market Share On The Total German Market Almost 30 Percent

    Date 15/08/2014

    The volumes generated in power trading on the European Energy Exchange (EEX) continue to develop positively. In July, EEX achieved 149 TWh, the highest volume on the Power Derivatives Market this year.