In the weekend that the US-Israeli drones began to rain on Tehran, energy traders across the world’s major financial institutions began to update their strategies. When they returned to their trading desks on Monday morning in May, they found oil and gas prices soaring amid a market nightmare come true: the unexpected closure of a … Read more
If the closing bell is a long-term business model, then the 24/7 business is an attempt to destroy it. As the NYSE, Nasdaq, CME and Cboe race to produce overnight trading, the question is who stands to gain and who stands to lose. The answer is very simple, Mati Greenspan, CEO and founder of Quantum … Read more
Power traders say online betting platforms are directly driving the global oil market as they rely heavily on unpredictable markets to secure multi-million dollar trades. Market experts said that datafeeds from forecasting platforms such as Polymarket are used to create algorithms that influence trades in the global Brent crude futures market. Polymarket’s “extensive” use of … Read more
More than half of retail jobs could be affected by changes to guaranteed working hours, making it harder for stores to hire people – especially young workers – on part-time jobs, an industry lobby group has warned. From April, the Employment Rights Act will introduce new protections for workers for sick pay, sexual harassment, parental … Read more