12.29.2011

Equities In Play

12.29.2011

The market continues to fluctuate despite the four day trading week in U.S. equities.

After a multiple point drop across all asset classes yesterday,stocks came roaring back while gold continued to fall.

The S&P 500 climbed 13 points to 1263. The Dow Jones Industrial Average shot up 132 points to 12,287, giving hope for Bullish traders who still believe a rally is imminent.

Gold fell for the sixth consecutive session in a row to $1524 an ounce. The metal is undergoing a severe correction that has wiped out plenty of stop orders on it’s way down.

Meanwhile, the Chicago Board Options Exchange Volatility Index dropped a few percentage points to 22. It has been over a week since the VIX touched 30, seen as a key line in the sand for traders.

Asset owners are investing heavily in data, from AI to ESG to real-time tools.
What’s the top priority for the data suite? 👇

#AssetOwners #FinTech #AI #ESG #Data

At #TradeTechFX Barcelona this week, LMAX Group Managing Director of Digital Assets, Jenna Wright, joins @TheBondDESK @marketsmedia to discuss how FX desks are adapting to the rise of digital assets.

She’ll explore market convergence, regulation and the investor opportunities…

Deutsche Börse’s Crypto Finance launches AnchorNote, letting institutions post crypto collateral off-exchange while keeping assets in custody. A step toward safer, more efficient digital asset trading. #Crypto #DigitalAssets

David Martin, CEO of the derivatives business at Singapore-based digital asset exchange AsiaNext, said the next stage of the industry is about the collision of traditional finance (TradFi) and crypto, and “capital efficiency will win the game."

#Crypto

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