BofA on GBP

Every system works. The gaps between them are what is costing you. Ask most brokers how their technology is performing and the answer is usually positive. The trading platform is stable. The CRM manages leads. The IB portal tracks commissions. The risk dashboard shows positions. Nothing is broken. And yet operations feel harder than they…

Since March, my family of five has been living with my parents in their two-story home on the Gold Coast, Australia. The youngest member of our household is our daughter, who is 3, while the oldest is my dad, who is 81. When people talk about multigenerational living, the conversation usually centers on saving money….

Bloomberg has launched a multi-asset pre-trade transaction cost analysis API, enabling buy-side and sell-side firms to embed execution intelligence directly into their proprietary trading systems for the first time. The company explained in a press release on Wednesday that Pre-Trade TCA API covers fixed income and equities and allows firms to programmatically access its pre-trade…

While short sales are still uncommon, their occurrence has been slowly increasing as homeowners with negative equity look for alternatives to foreclosure, particularly in several mid-priced markets where these transactions are most concentrated. A short sale refers to a real estate deal where a financially troubled homeowner sells their home for an amount that is…

Paramount Skydance‘s proposed acquisition of Warner Bros. Discovery hit its first official roadblock when a judge granted a temporary restraining order on the merger as part of a lawsuit brought by state attorneys general. California District Judge Araceli Martínez-Olguín signed off on the order Monday after hearing arguments from both sides in an Oakland courtroom…

While investors are concerned about a memory peak, analysts say the stock still looks cheap relative to various earnings scenarios.