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Broker tips: Glencore, Shell, 888
ShareCast
"All things considered, we do expect the Glencore/Xstrata merger to happen, and we would consider this to be an industry transforming transaction in light of the potential for a subsequent acceleration of industry consolidation," the US broker said.

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Telegraph.co.uk

Broker snap: 'Glenstrata' merger a win/win for both parties, says Jefferies
ShareCast
"All things considered, we do expect the Glencore/Xstrata merger to happen, and we would consider this to be an industry transforming transaction in light of the potential for a subsequent acceleration of industry consolidation," the US broker said.
FTSE lower as investors remain cautiousFinancial Times
Glencore, Xstrata Pursue Merger as Speculation Mounts Deal NearBusinessWeek

all 492 news articles »


Panel Rules Broker Doesn't Have To Repay UBS Signing Bonus
Wall Street Journal
By Caitlin Nish Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--An arbitration panel ruled a broker doesn't have to repay $1 million of a signing bonus he received from a unit of UBS AG (UBS, UBSN.VX). UBS Financial Services Inc. alleged that Pericles ...
UBS loses case to recoup bonus from ex-brokerReuters

all 20 news articles »


New York Times

MF Global Faced a $310 Million Margin Call on Futures Broker's Final Day
Bloomberg
MF Global Holdings Ltd., the futures broker that filed the eighth-largest bankruptcy in October, faced a $310 million margin call on its final day that exceeded its market value. Calls for payments tied to bets MF Global made on European sovereign debt ...
MF Global used customer funds earlierFinancial Times
MF Global shortfall worsened as bankruptcy nearedReuters UK
Status Update from the Office of James W. Giddens, Trustee for the Liquidation ...MarketWatch (press release)

all 123 news articles »


SEC's Gallagher wants more oversight of brokers
Reuters
By Sarah N. Lynch | WASHINGTON (Reuters) - Congress made a mistake when it stripped away most of the Securities and Exchange Commission's authority to police the holding companies of broker-dealers for risks, according to the SEC's newest commissioner.
SEC's Gallagher wants more oversight of brokers (NEWS.GNOM.ES)NEWS.GNOM.ES (press release)
Jeanette M. Franzel Is New Member of Public Company Accounting Oversight BoardinAudit (blog)

all 24 news articles »


Mumbai broker arrested for filching diamonds worth Rs75 lakh
Daily News & Analysis
By DNA Correspondent | Place: Mumbai | Agency: DNA The DB Marg police have arrested a 23-year-old diamond broker for allegedly stealing diamonds worth Rs75 lakh from another broker. The police, however, have not been able to recover the stolen diamonds ...

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Things to remember when shopping online. websites comparing lowest cost broker offers do not always offer best value for money. There are other aspects of an online service to consider and we have listed some of the issues that consumers may wish to consider before buying goods online. Information pages : Any online broker shopping sites should offer information pages with references, within the pages, to further information about the broker products offered for sale. Consumer should also take into account company size, number of visitors, quality of content, breadth of product types offered. Consumer help : Sites offering cheapest broker quotes should offer online consumer help within the category broker. Website down time and poor information pages may also be an indication of reliability and quality of broker suppliers. Referrals : Sites should contain a client list or referrals from satisfied customers. There should be references indicated on the site from users that recommend the site of service. Always look for an indication of competence and reliable service in a special field. Security : Shopping platforms should contain a full set of online Terms and Conditions. Contact details should be clearly indicated or available through further links. Each site should also hold a Privacy Policy and most importantly, site must offer a secure system for handling transactions. After sales service : Review site service arrangements, spare parts, accessories & after-sales service.



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