Industry

Canadians cautious about investments

A recent Scotiabank poll found that while Canadians’ overall economic outlook is more optimistic, they are still hesitant when it comes to their personal investment strategies in the fluctuating economic environment.

By Staff |November 13, 2012

1 min read

UBS automates derivatives trading

Bloomberg reports UBS is following Barclays, Credit Suisse and Goldman Sachs in replacing well-paid credit-derivatives traders with computer algorithms in a move to cut costs.

By Staff |November 13, 2012

1 min read

IIROC fines Wellington West Capital $175,000

On November 1, 2012, a hearing panel of IIROC accepted a settlement agreement, with sanctions, between IIROC staff and Wellington West Capital Inc. (Wellington West) and Lesley Walters-Sagher. Wellington West and Walters-Sagher admitted that they failed to adequately understand certain leveraged exchange traded funds and thus were not able to properly supervise trading in those […]

By Staff |November 13, 2012

1 min read

4 carriers adjust guaranteed and level cost products

Persistent low interest rates continue to cause problems for insurance companies.

By Staff |November 13, 2012

3 min read