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LSE CONTEMPLATES SHORTER TRADING DAY. The London Stock Exchange (LSE) launched a consultation exploring a possible reduction in market hours in order to encourage staff diversity,...

Citadel Securities paid US$943m for retail US equity, options order flow in nine months

Large market makers are paying billions to access retail orders in stocks and options, a controversial practice banned in most countries outside the US.  Citadel...

Goldman lost $687m on two days during August turmoil

The need to keep generating trading profits means the US banking giant has to take greater risks Goldman Sachs experienced a total trading loss of...

Citi exits Russia

Citi is selling off the last of its Russian operations, with AO Citibank to be acquired by Renaissance Capital in the first half of...

Liquidnet: Traders moving towards alpha capture

By Vineet Naik. New research has that role of the trader is shifting towards enhancing fund performance by not only the protection, but also the...