Phillip Securities Acquires TOCOM Broker Membership

The Tokyo Commodity Exchange , Japan's largest commodity futures exchange, announced that Phillip Securities Japan, a Japanese subsidiary of Phillip Capital, a major Singapore based financial institution, acquired Broker Membership on May 24, 2012.

Broker tips: ARM, Bumi, Mediterranean Oil and Gas

UBS has upgraded its rating for chip designer ARM Holdings from neutral to buy, saying that the stock now offers 'quality at a reasonable price'.

Nasdaq caused $35 mn loss in Facebook IPO: broker

A New York broker has asked Nasdaq to compensate it for up to $35 million in losses on the Facebook initial public offering due to the market's computer problems on the first day of trade.

CFTC sues ex-Chicago broker, alleging Ponzi scheme

(Reuters) - The Commodity Futures Trading Commission (CFTC) has sued a former Chicago floor broker, claiming he ran a four-year Ponzi scheme and fraudulently solicited at least $7.8 million to trade commodity futures contracts. In a civil lawsuit, the CFTC said Bradley Schiller ran the Ponzi scheme promised investors annual returns of 13 percent or higher. But he never delivered, the suit ...

Sigma Systems Unveils Cloud Service Broker

TORONTO and BOSTON, MA-- - Sigma Systems , the authority in provisioning converged broadband solutions, today unveiled the Sigma Cloud Service Broker, an integrated SaaS service fulfillment solution for ...