Mexico's domestic economy continues to thrive with high manufacturing and oil output and a low commitment to the IMF, with very low external debt. The nation's central bank therefore auctions $52 million per day for three months, to stabilize the peso's value. Yesterday's auction shows steady month for the Mexican currency
Read moreThe increasingly outmoded method of using hand signals and shouting orders on trading floors is drawing ever closer to becoming consigned to the history books, as CME Group prepares to close most of its open outcry facilities for futures as it only represents 1% of CME's business compared to the modern electronic systems which make up the vast majority of the venue's execution methodology
Read moreAs the gavel came down at the US Marshal Office Bitcoin auction, the entire lot was sold to one bidder, resulting in plummeting values.
Read moreDCM did generate a lot of free press for itself. But was it worth it? Would you give money to these guys??? As we're proving here just by writing this, the innovative team at new FX and spreadbetting firm DCM Capital in the UK did succeed in getting for itself a healthy amount of free…
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