Opinion: No ‘soft landing’ is in the cards from Fed rate hikes. Look for recession and a buying opportunity once stock prices decline.
Is the bear market of 2022 over? Are we already in the early innings of the next great bull market? The S&P 500 SPX, -0.16% finished 2022 with a 19% decline (its biggest pullback since 2008). Meanwhile, the Dow Jones Industrial Average DJIA, -0.26% lost 8.8% and the Nasdaq COMP, +0.13% tumbled 33%. It’s been […]
FINRA Fines Nomura Securites $125k for Miscalculating Its Net Capital
The Financial Industry Regulatory Authority (FINRA) has hit Nomura Securities International, an institutional brokerage firm, with a censure and fine of $125,000 for allegedly inaccurately calculating its net capital between July 2019 and March 2021 and violating other four rules as a result. AloGatewayis a Global payment processing service and solutions provider able to cater […]
William Klippel, Former GAIN Capital Exec, Joins Zero Hash
Zero Hash, a cryptocurrency-as-a-service (CaaS) company targeted at investment platforms, has hired William Klippel, a former long-time executive of GAIN Capital, as its new Vertical Head of Investment Platforms. Zero Hash announced Klippe’s appointment on Thursday. Klippe worked at GAIN Capital for almost 15 years, serving in various senior roles including as Director of Sales […]
Brazil currency trims losses after initial shock from capital riots By Reuters
© Reuters. FILE PHOTO: Brazilian Real and U.S. dollar notes are pictured at a currency exchange office in Rio de Janeiro, Brazil, in this September 10, 2015 photo illustration. REUTERS/Ricardo Moraes By Susan Mathew and Shreyashi Sanyal (Reuters) -Brazil’s currency fell on Monday but was off its session low after supporters of former President Jair […]
CIBC Capital Markets Promotes Glenn Blundell
The Canadian Imperial Bank of Commerce (CIBC) Capital Markets, one of the ‘Big Five’ banks in Canada, has promoted its long-term executive Glenn Blundell to the position of the Managing Director of Global Markets FX. “I’m happy to share that I’m starting a new position as Managing Director, Global Markets FX Trading at CIBC Capital […]
ChartIQ Joins S&P Global, Enhances Capital IQ Pro
S&P Global, a provider of credit rating and analytics, announced on Thursday the acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability […]