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Further to the mention of Iraq’s electronic trading exchange going live this week, the LSE has been running electronic trading since 1986, when the Big Bang moved the Exchange from open outcry to electronic trading. This led to the introduction of SEAQ, the Stock Exchange Automated Quotation System, in October 1987.  SEAQ was supplanted in…

Today’s Financial Times reckons that Terri Dial is leaving Lloyds TSB after a three-year stint to head up global consumer banking at Citi.  This proves interesting as Terri has really made a mark at Lloyds TSB and would be a big loss.  Nevertheless, the fact that Citi’s new chief executive, Vikram Pandit, wants to overhaul…

Today’s Financial Times reckons that Terri Dial is leaving Lloyds TSB after a three-year stint to head up global consumer banking at Citi.  This proves interesting as Terri has really made a mark at Lloyds TSB and would be a big loss.  Nevertheless, the fact that Citi’s new chief executive, Vikram Pandit, wants to overhaul…

Today’s Financial Times reckons that Terri Dial is leaving Lloyds TSB after a three-year stint to head up global consumer banking at Citi.  This proves interesting as Terri has really made a mark at Lloyds TSB and would be a big loss.  Nevertheless, the fact that Citi’s new chief executive, Vikram Pandit, wants to overhaul…

This week, Iraq has moved from a trading floor with a whiteboard and magic marker pen to full electronic trading in their Stock Exchange.  This is good news for the country and a sign of a return to stability. Now what equities and commodities are we going to trade in … oil?

Oohhhhh-errrrr.   Like any good blogger I love a bit of gossip and nothing better than my old firm, NCR, getting into a spot of hot-under-the-collar bother with HP. Apparently, lots of NCR-ers have been toddling out of Dayton, Ohio across to sunny Palo Alto, California with little USB sticks full of sensitive materials.  Now, the…

Ah well, I can’t leave the credit crash discussion alone without a final mention of poor Mr. Jack and Mrs. Jill, the taxpaying citizens who are now left carrying the can of the debt-fuelled crash.  With the banks being bailed out by the central banks, Mr. Jack and Mrs. Jill are suffering.  Many of these…

Ah well, I can’t leave the credit crash discussion alone without a final mention of poor Mr. Jack and Mrs. Jill, the taxpaying citizens who are now left carrying the can of the debt-fuelled crash.  With the banks being bailed out by the central banks, Mr. Jack and Mrs. Jill are suffering.  Many of these…

Popped onto eBay today and found all this wonderful stuff being sold by Bear Stearns employees to try and top up the coffers lost in the JPM bargain basement sale (although it’s slightly more expensive after JPM upped the ante to $10 a share). There was the award to the development team of a Bear…

Popped onto eBay today and found all this wonderful stuff being sold by Bear Stearns employees to try and top up the coffers lost in the JPM bargain basement sale (although it’s slightly more expensive after JPM upped the ante to $10 a share). There was the award to the development team of a Bear…