by Cyprian Francis | Mar 4, 2017 | Blog, Business, Technology, Trading
Bitcoin continues to gain ground on gold after climbing above it for the first time on Thursday. The cryptocurrency trades up 2.6% at 1271 a coin while the yellow metal is down 0.6% at $1227 per ounce, as of 7:25 a.m. ET. Both currencies have seen a solid start to...
by Cyprian Francis | Feb 24, 2017 | Blog, Trading
It’s a deal made in fast-food heaven: Restaurant Brands International , the corporate entity behind Burger King and Tim Hortons , is acquiring Popeyes Louisiana Kitchen for a whopping $1.8 billion. Now in theory, that seems like a lot of money, but Mark...
by Cyprian Francis | Feb 12, 2017 | Blog, Technology
At its height back in 2000, the U.S. cash equities trading desk at Goldman Sachs’s New York headquarters employed 600 traders, buying and selling stock on the orders of the investment bank’s large clients. Today there are just two equity traders...
by Cyprian Francis | Dec 31, 2016 | Blog, Trading
The New York Mercantile Exchange will shut down it’s open-outcry trading floor, where traders have jostled one another while calling out orders to buy and sell contracts for oil and other commodities for decades. Earlier in the year, Chicago-based CME Group Inc.,...
