OSTC announces acquisition of Kondor Trading Ltd
Global financial services company, OSTC, is pleased to announce that it has recently completed the acquisition of Kent-based Kondor Trading Ltd. OSTC and Kondor Trading have cooperated together for more than a decade but the integration of the two firms aims to create increased efficiencies against a backdrop of rising costs and upcoming regulation. Kondor’s...
Experts Address Key Issues Surrounding International Trading Ahead of Brexit
Implementing a robust strategy to manage currency fluctuations, especially with the triggering of Article 50 imminent, is of utmost importance when considering trading internationally, a foreign exchange (FX) expert told business leaders at an event in Swansea yesterday (Thursday 16 March). Paul Langley, managing director of OSTCFX, was speaking at an importing and exporting seminar...
Oils Futures Markets remain sceptical!
The energy minister for top OPEC exporter Saudi Arabia said on Thursday he was optimistic about OPEC’s deal to limit oil output and mentioned the lower end of a previously agreed production target, helping spur a rally in the price of crude. Read the full article here
Hopes dashed this week
From Chicago – CFTC are forging ahead with regulation (called Regulation Automatic Trading or AT) that would require algorithmic trading firms to register with National Futures Association (NFA) and to provide source code to authorities. Chairman Massad have said that they will address some of the concerns industry have raised regarding the Regulation AT 2...