Foreclosures climb as financially stretched borrowers turn to short sales

Ultimately Uneventful Despite Modest Weakness 2 Hours, 1 Min ago Ultimately Uneventful Despite Modest Weakness Bonds lost ground modestly today with the ultimate damage being roughly an eighth of a point for MBS and less than a bp for 10yr yields. The selling was led by the short end of the curve…

Prediction markets spent much of the past year fighting legal battles. This week, the focus shifted elsewhere: governments discussed new regulatory frameworks, trading platforms expanded distribution, and institutional firms continued building dedicated businesses around the asset class. Malta Wants Its Own Rulebook for Prediction Markets Malta is exploring a dedicated regulatory framework for prediction markets…

NinjaTrader, a mainstay platform provider, has severed ties with Alpha Futures, a UK-based retail futures prop trading firm. In a statement on X, Alpha indicated that three months of negotiations had ended in failure. The point of contention appears to have been Alpha Futures’ launch of its own trading platform, AlphaTrader. This created a classic…

Minutes Item 1 – Introduction The Chair opened the meeting, thanking members for sending across their wildlife nominations. The Chair provided an overview of the previous meeting including reiterating the Bank’s objectives for secure banknote design and reminding members about the suggested guidance discussed at the previous meeting. The Panel discussed the response to the…