trading in news
Project Kangaroo makes leap to December testing
News The Office of Fair Trading referred the project to the Competition Commission in June due to concerns about its potential to create an excessive concentration of online video content. Project Kangaroo, the online TV... [18 Nov 2008]
Majestic Wine Warehouse toasts web shopping
News Majestic Wine chairman Simon Burke said of the results: "The business is very well prepared for the key Christmas trading period, which we expect to be challenging. Wine retailer Majestic Wine Warehouse has revealed its... [11 Nov 2008]
Stormy markets freeze C&W demerger
News It increased guidance for the Europe, Asia & US (EAU) division, formerly known as the UK division, to at least £325m following the acquisition of Thus and improved trading at the existing business. The unit saw positive... [10 Nov 2008]
Betfair spins into financial trading
News That sits between ordinary financial betting - as you would bet on an outcome - and ordinary financial trading - i.e.buying a share or a bond as you would through your online broker. Online betting exchange Betfair has... [10 Nov 2008]
UK struck by cyber crime wave
News Garlik CEO Tom Ilube attributed the rise to the "professionalisation of online financial fraud" saying cyber criminals were turning to "sophisticated and professional techniques for trading and selling personal data for... [30 Oct 2008]
No compliance or cost blues for Turquoise comms
News Multilateral trading facility Turquoise is aiming for cost savings with the implementation of a Cisco unified communications (UC) network. The network, supplied by integrator Fabric Technologies, will by used by the... [22 Oct 2008]
Has tech got the power to punch through the crunch?
News to announce another round of layoffs when it discusses third-quarter earnings after the close of trading Tuesday. Apple is scheduled to announce its fourth-quarter earnings after the close of trading... [21 Oct 2008]
Barclays Capital raises interest in online trading
News Barclays Capital, the investment banking division of Barclays Bank, has signed a deal to use a web-based trading application from Caplin Systems. Caplin Trader is a client connectivity platform that will be incorporated... [20 Oct 2008]
Cyber crime ring stung by police raid
News In the last two weeks, almost 60 people have been arrested for trading banking and credit-card details on a criminal website, in an FBI-led sting. The arrests of people involved in the DarkMarket forum have followed a... [17 Oct 2008]
eBay not bidding on positive fourth quarter
News The company's shares fell 13.6 per cent, or $2.41, to close trading Wednesday at $15.33. In after hours, shares of eBay were trading at 14.22, down $1.11 or seven per cent. Online auction giant eBay... [16 Oct 2008]
C&W takes control of Thus
News C&W said it anticipates Thus' share listing and trading to be cancelled on 30 October and urged Thus shareholders who have not yet accepted the offer to do so without delay. Telco Cable & Wireless has announced it has... [02 Oct 2008]
When CIOs tighten their belts, what feels the squeeze?
News For the last few quarters the tone of trading updates has changed quite materially," he said. Offshore IT services and software companies are likely to be among the few to benefit from the ongoing financial crisis. [02 Oct 2008]
LSE opens up clearing
News She said: "The basic strategy is to offer options that lower the cost of trading on our markets. The London Stock Exchange is set to use the post-trade router acquired along with the Bourse Italia to open up its Central... [30 Sep 2008]
RIM: Profits soar in second quarter
News That news sent RIM's stock down around 20 per cent in after-hours trading as investors digested the news. RIM reported its second-quarter results Thursday, posting an 88 per cent jump in revenue and a 72 per cent jump in... [26 Sep 2008]
Turquoise outsources testing blues
News Multilateral trading exchange Turquoise has completed its systems testing by outsourcing it to AppLabs. The system has been tested at a peak performance of 13,500 transactions per second, although the... [25 Sep 2008]