We all face the same problem. Volumes in the market are under pressure, even big swings in the stockmarket won’t spark the good old trading. Some firms such as Getco have been forced to cut some staff. Nothing new here, regular economic ebb and flow. However, something strange is happening near the polar circle. AndRead more
Mainstream journalists usually miss the ball when reporting on financial trading. In France this is probably even worse. Time for a piece of infotainment from the French national television on those evil high frequency traders. Tune in for Cash Investigation. Some of the most notorious traders manipulating the world in a Goldman Sachs-like fashion are basedRead more
God is a fan of the financials. Saturday the Financial Football Tournament was held on a bright sunny day. The Germans have won the title. EEX, which is an acronym for the European Energy Exchange, won the final with 2-0 from Scrocca. To make matters worse for the rest of the field, the Leipzig basedRead more
Threw my orange jersey in the garbage can. After the painful defeat against the Germans, there’s more important football on our schedule. Not in a distant Soviet state, but in the cozy village of Abcoude the ninth edition of the Financial Football Tournament will be held. The well known trading software provider ORC has stepped in asRead more
Heard it through the grapevine, wasn’t able to double check this rumor on IMC Financial Markets. Don’t take it as a hard confirmed fact just yet, but the following story has been buzzing around. It’s short: IMC Financial Markets has shut down their Hong Kong office. Everybody is fired. Operations move to Sydney. Would fitRead more
