Goldman Sachs Group laid off 5 percent of its trading desk staff on Tuesday as part of its annual review process, sources familiar with the matter said on Thursday. Get the full story »
Inside these posts: Traders
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CME initiates margins on energy option products
The CME Group said on Friday it initiated performance bond requirements, sometimes known as margin requirements, for new options products traded in crude oil, electricity and natural gas liquids, effective Dec. 4. Get the full story »
Nov. 16, 2010 at 4:15 p.m.
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Filed under: Agriculture/Farming, China, International, Stock activity Commodities sink amid concerns about China
Commodity prices are sinking amid concerns about inflation in China and European talks about bailing out Ireland.
Some of the steepest declines came Tuesday in agriculture products and industrial metals. Traders are concerned that demand may diminish because of the developments in other countries.
CME picks exec to run global currency trading unit
CME Group Inc. has hired foreign exchange market veteran Roger Rutherford to head its global currency trading unit from London, according to a person familiar with the situation. Get the full story »
SEC votes to ban ‘naked access’
Federal regulators have mandated new requirements for brokerage firms aimed at reining in risk from their trading customers who get split-second access to markets to buy or sell stocks.
U.S., EU regulators talk reform, tour exchange
Top regulators from the United States and the European Union discussed reforms for futures and over-the-counter derivatives as they toured the world’s largest exchange on Tuesday and lunched with a group of Chicago futures traders and exchange executives. Get the full story »
