INVESTMENT

Order Execution

IBTimes Logo
The market order is the most frequently used order. It is a very good order to use once you have made a decision about opening or closing a position. It can keep the customer from having to chase a market trying to get in or out of a position. The market order is executed at the best possible price obtainable at the time the order reaches the trading pit.

Safilo good investment -Italy's Della Valle

IBTimes Logo
The Della Valle family's stake in Italian debt-laden eyewear maker Safilo is a good investment and the company could do great things with a local rival, Diego Della Valle said in a Saturday newspaper interview.
IBTimes Logo

EU directive could hit Canada hedge fund business

Canadian hedge funds may lose more than 20 percent of their business if the European Union approves a proposed directive restricting foreigners' ability to sell into the EU, a top fund manager said on Thursday.
More news
IBTimes Logo

Citi to sell Phibro to Occidental, price seen low

Citigroup Inc agreed to sell its Phibro energy trading business to Occidental Petroleum Corp for a pittance, allowing the bank to calm regulators who were outraged over a $100 million pay package the unit was obliged to pay a star trader.
IBTimes Logo

JPMorgan, banks settle subprime suit for $100 mln

JPMorgan Chase & Co, Credit Suisse Group and Morgan Stanley have agreed to pay $100 million to settle a lawsuit over their role in the collapse of a Philadelphia mortgage lender, an attorney said on Friday.
IBTimes Logo

Citigroup to offload Phibro, Hall to Occidental

Citigroup Inc agreed to sell its Phibro energy trading business to Occidental Petroleum Corp for a pittance, allowing the bank to calm regulators who were outraged over a $100 million pay package the unit was obliged to pay a star trader.
IBTimes Logo

Citigroup selling Phibro to Occidental

Citigroup Inc agreed on Friday to sell its Phibro commodities business to Occidental Petroleum Corp , offloading a unit that has drawn criticism over star trader Andrew Hall's massive pay package.
IBTimes Logo

Nomura hires fixed income heads in New York

Japanese brokerage Nomura said on Friday it had hired two senior staff to co-head its fixed income business in the Americas as part of a push to expand its investment bank outside Asia.
IBTimes Logo

Global fin firms eye India back office sales

Global financial firms, emerging from the worst economic crisis since the Great Depression, are looking to shed India back office operations as they focus on core operations and cost cuts.
IBTimes Logo

Renaissance CEO Simons to retire

James Simons, a mathematics professor who became one of the best paid hedge fund managers in the world, is retiring as chief executive of his Renaissance Technologies firm on Jan 1, according to an investor letter.
IBTimes Logo

Prosecution of UBS informant seen backfiring on U.S.

The key informant in the U.S. tax evasion case against Swiss bank UBS AG faces prison next year, but his harsher-than-expected treatment by the U.S. Justice Department will undermine efforts to expose secretive offshore tax havens, lawyers and whistle-blower advocates say.
IBTimes Logo

Stocks set to slip at open

Stocks headed for a lower open on Friday as a pullback in commodity prices weighed on natural resource shares after the U.S. dollar rebounded.
IBTimes Logo

Futures flat as dollar's bounce weighs

Stock index futures were little changed on Friday as a retreat in commodity prices weighed on natural resource shares after the U.S. dollar rebounded.
IBTimes Logo

TSMC third-quarter sales meet forecast

TSMC, the world's biggest contract chip maker, said third-quarter sales rose by a fifth from the previous three months, matching its own forecast, thanks to growing chip demand.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.