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Trading News

Business Wire halts high-speed wire for fast traders

New York - Business Wire, a service used for corporate news releases, said Thursday it would stop selling its high-speed wire to Wall Street traders seeking to get a jump on the market.The service, part of Warren Buffett's Berkshire Hathaway holding company, said...
In the Media by AFP

Bank exits boost utilities, funds in Europe gas and power trading

Tougher European financial regulations have prompted banks to leave power and gas trading, meaning greater dominance by utilities and trading houses and less appeal for inve...
In the Media by Henning Gloystein and Vera Eckert (Reuters)

London Whale scandal: JPMorgan Chase accused over $6 billion loss

John McCain, the senior Republican on the US Senate panel investigating the affair, said JPMorgan Chase had misled investors before lying to investigators about its $6 billion trading losses.
In the Media by Eko Armunanto - 1 comment

Global commodities trading company: 'Drought good for business'

Criticism is mounting against one of the world's most well-recognized commodities trading companies after Glencore declared the global drought and food crisis is a "good" business opportunity.
In the Media by David Silverberg - 4 comments

Teens trading sex for booze or drugs still live at home: Study

A new study out of British Columbia, Canada suggests a small number of rural teens are trading sex for booze or drugs. But what is even more surprising is that most of those kids still live at home with family.
In the Media by Darren Weir - 2 comments

Op-Ed: Facebook investors should take responsibility, keep faith

A botched debut and a week of dismal performance on the markets has compelled early investors in social networking site Facebook to brandish their knives.
In the Media by Justin Crann - 2 comments

Op-Ed: Confessions of a trader – Goldman Sachs rules the world

Alessio Rastani is handsome, intelligent, charismatic, extremely expensively dressed, and dreaming of a big stock market crash so he can make money off your misery.
In the Media by Alexander Baron - 1 comment

BRC figures reveal 7,599 trading hours lost during UK riots

Courtesy of the British Retail Consortium (BRC), shocking figures have been released regarding the impact the UK riots had on trading.
In the Media by Christopher Bates

Op-Ed: US Dollar, Bonds to Benefit from Debt Downgrade

In the short term, both the US dollar and US Treasury bonds may actually benefit from the downgrade of the US debt and react to panic buying.
In the Media by Sam Vaknin

China's illegal tiger poaching trade exposed tonight

The market for wild tiger skins and body parts continues to grow in China and across the world. Tonight's premiere of "Dangerous Trade" promises to expose the political, criminal and brutally cruel aspects of the murdering of this threatened species.
In the Media by Kim I. Hartman
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Friction, Efficiency, and Volatility in Financial Markets

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Oct 16, 2012 by Sam Vaknin
 

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