Traders Magazine (April 10)
“The push toward 24-hour trading…. is now becoming more pronounced, as major exchanges and trading platforms adapt to the evolving needs of global markets.” Gaining momentum, the transition is driven by “the influx of capital from international markets.” Major exchanges—including the NYSE, NASDAQ, and CBOE—now recognize “the value in extending their market hours.”
Tags: 24-hour trading, Capital, CBOE, Evolving needs, Exchanges, Global markets, Influx, Major exchanges, Markets, Momentum, Nasdaq, NYSE, Trading platforms, Transition
New York Times (February 12)
“Attention-grabbing ads for cryptocurrency trading platforms were ubiquitous during last year’s Super Bowl.” What a difference a year makes. Last year, they spent $39 million on Super Bowl spots. “At this year’s Big Game? Crypto ads are nowhere to be found.”
Tags: $39 million, Ads, Attention, Cryptocurrency, Nowhere, Spots, Super Bowl, Trading platforms, Ubiquitous
Businessweek (January 6, 2012)
Japan was the first country in the Asia Pacific region to allow proprietary platforms to compete with traditional exchanges and these platforms have had a stellar year. “Volume on SBI Japannext and Chi-X Japan since the March 11 earthquake has been triple the level seen in the year leading up to the natural disaster.” In contrast, trading on the Tokyo Stock Exchange declined by roughly 19%. Altogether the proprietary markets accounted for 7.8% “of the volume in Topix Index stocks last year, up from 6 percent in 2010.”
Tags: Asia Pacific, Chi-X, Japan, SBI Japannext, Trading platforms, TSE
