Tag: auction

February 05, 2015 BY Andrew Saks-McLeod

The end of the traditional trading floor draws nearer as CME does away with open outcry futures

The increasingly outmoded method of using hand signals and shouting orders on trading floors is drawing ever closer to becoming consigned to the history books, as CME Group prepares to close most of its open outcry facilities for futures as it only represents 1% of CME's business compared to the modern electronic systems which make up the vast majority of the venue's execution methodology

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February 27, 2013 BY Gerald Segal

DCM Capital 'auction' is a flop, top 'bid' £120,000

DCM did generate a lot of free press for itself. But was it worth it? Would you give money to these guys??? As we're proving here just by writing this, the innovative team at new FX and spreadbetting firm DCM Capital in the UK did succeed in getting for itself a healthy amount of free…

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