- 21 hour trading-what it means to producers
- BY Michael Donlon | @06-05-12
- So much for a good nights sleep. The CME Group has decided to match its competition and go with a longer trading day. Soybeans, corn, rice and wheat futures are now trading electronically from 5 p.m. to 2 p.m. the next afternoon. The change means ag markets will ...
- Floor Traders Upset Over CME Group's Changes
- BY Gino Vicci | @06-05-12
- Amid pressure from the nation's largest grain association and "significant feedback," the CME Group Inc. backed off a proposed plan to extend trading hours in grain futures and options, but only by one hour. The amendment, which still has to be approved by the
- High-Frequency Traders' Sights Set on Microwave Dishes
- From Internet | @06-04-12
- Trading firms are racing to build groups of microwave dishes to generate higher-speed links between financial markets in Chicago and NY, as reported by The Wall Street Journal. A majority of telecom traffic will have to travel between these regions, and the cellphone towers that run along the roads and ...
- CFTC commissioner Chilton calls for HFT regulation
- BY Elan Mendel | @05-30-12
- While regulatory flashpoints such as capital requirements and proprietary trading receive more attention from the media, one CFTC commissioner is trying to raise awareness of a trading method he says could cause major problems if it continues to fly under the regulatory radar. Commissioner Chilton has long been a ...
- After Facebook, More Fear of Stock Market
- By NATHANIEL POPPER | @05-29-12
- The excitement surrounding Facebook's initial public offering was enough for Alex Tsesis, a law professor, to give the stock market one more try. But after the company's stock encountered technical problems then sputtered for three days, he sold his few hundred shares for a $2,200 loss and vowed ...
- Does Spot Drive Price Discovery, or Is Spot a Derivative of Futures Price Discovery?
- BY Jeff Carter | @05-29-12
- From a friend. I was reading some of the tweets between Cervino Institute and Save The Floor this morning and this caught my attention. Spot pricing in cattle right now is a derivative of futures price discovery and its a huge problem because the futures ...
- On the Hunt for Flash-Crashing Cheetahs
- By JIM MCTAGUE | @05-29-12
- Commissioner Bart Chilton of the CFTC thinks his fellow regulators aren't diligent enough in confronting the risks of high-speed trading. Bart Chilton can hardly claim to be a voice crying in the wilderness, yet he has every reason to feel like one. Since the Flash Crash of May 6, ...
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