About 110 articles related to "PFGBEST"

US Probing Failed Broker PFGBest's Use Of Small Auditor

U.S. futures industry investigators are looking into why Iowa-based collapsed brokerage PFGBest used a tiny accounting firm that appears to be operating from inside a suburban Chicago home to audit its books, according to a person familiar with the matter.

Insight: Two firms flourish in frenzied MF Global aftermath

The mad rush to move client money out of MF Global Inc. after its collapse left two firms with the bulk of customer accounts, while other brokerages emerged with only minor gains from the chaos of carving up a multibillion-dollar business.

Gold Prices Test $1,750/Ounce Support

Gold prices recouped big early losses Thursday to start Comex floor trading about one percent down as the U.S. dollar fell against the euro on hopes a new Italian and Greek governments may pave the way for Europe to avert a recession.

Dollar, Dollar-Related Assets Soar, Precious Metals Fall

Gold fell Monday in midday trading as investors decided to diversify their safe-haven opportunities by increasing their holdings of U.S. Treasuries, the dollar and the Japanese yen, said George Cocalis, senior market strategist for PFGBEST.

Oil drops 3 percent after U.S. downgrade

Oil dropped 3 percent on Monday, crashing through technical support levels as the reduction of the United States's top-tier credit rating by Standard & Poor's hammered markets and stoked concerns of an economic slowdown.

Brent falls as euro zone woes, dollar pressure

Brent crude prices fell on Friday in choppy trading as Europe's debt problems helped the dollar index rebound, extending oil's decline a second day after consuming nations announced they were tapping strategic reserves.

Oil falls as euro zone woes, dollar pressure

Crude oil fell on Friday in choppy trading as Europe's debt problems helped the dollar index rebound, extending losses into a second day after consuming nations announced they were tapping strategic reserves.

Oil rises after U.S. inventory report

Oil turned higher on Wednesday with Brent crude climbing above $113 a barrel after weekly U.S. government inventory figures an unexpected draw in stocks of distillates, which include heating oil and diesel

Oil jumps as bargain hunters buy, gasoline supports

Oil rallied more than 4 percent on Monday, rebounding as last week's record double-digit losses attracted bargain hunters and as equities markets remained stabilized after last week's strong U.S. April jobs report.

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