IG Index adds BATS Europe Liquidity
Financial spread betting and contracts for difference provider IG Group Holdings has extended its Smart Order Routing technology by incorporating liquidity from BATS Europe, the operator of a European multilateral trading facility (MTF).
IG Group’s Smart Order Routing searches out the best offered price for clients across multiple liquidity venues. This is something that the firm [...]
FX Trading Weekly - Accord on Greek Debt Helps the Euro
UK budget leaves sterling unmoved. The EU reaches another agreement to rescue Greece; this one might hold water.
A two-cent range took sterling from €1.1050 to €1.1250 and all the way back again. It opened in London this morning half a cent up on the week at €1.11.
After their experience the previous week when members of [...]
FX News – Euro and Pound Rebound
Today both the Euro and the Pound are rebounding off recent lows on rising hopes for a resolution to the ongoing Greek saga.
ECB president Trichet has reportedly changed his views on an IMF led bailout from stating that such a plan was ‘inappropriate’ to being ‘extraordinarily happy’ with the way things are going.
There are [...]
The Forex Markets - A Trading Update
The Financial update from David Evans, BetOnMarkets.
The trading week is just a few hours old, and the sellers are already out in force for the British pound.
The move is partly a continuation of last week’s momentum and partly a function of increasing fears over a hung parliament in the upcoming UK elections.
The GBP/JPY is [...]
Spreadex Weekly Review - 8 March 2010
Last Weeks Market Movements
Fears of a double-dip recession in the UK have calmed somewhat, and the FTSE hit an 18 month-high Friday, led by banks and mining stocks.
Sterling bounced back on Wednesday after hitting a 10-month low against the dollar on Monday. Successful issuance of Greek 10 year bonds raised 5 billion euros, and [...]
Paddypowertrader Launches Unique High Performance Trading Event in London
Paddypowertrader, the spread betting firm, are organising an evening event on High Performance Trading on 11 March 2010.
The event called High Performance Trading, steers away from the more usual subjects such as technical analysis and particular trading strategies, and instead focuses on what might be thought of as the softer aspects of trading.
The primary [...]
Spreadex Weekly Review - 1 March 2010
Last Weeks Market Movements
Wide swings on Thursday exacerbated steady declines on major indices from early in the week.
Banks continued to show overall weakness. While RBS’ smaller than expected net losses were received favourably, Lloyds underwhelmed expectations with only a slight improvement from its 2008 losses.
Political concerns plagued currencies, with the Euro continuing to suffer [...]