Credit crisis claims another victim
The Governor of the central bank of Iceland has been order to take a few days off by his doctor after fears he suffered a stroke. Oddly, I’m not the least bit surprised. It has been that kind of October…
The Governor of the central bank of Iceland has been order to take a few days off by his doctor after fears he suffered a stroke. Oddly, I’m not the least bit surprised. It has been that kind of October…
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And another victim…
Thomson Reuters-TRI to close FXMarketSpace JV
CME Group and Thomson Reuters announced that they will take steps necessary to close FXMarketSpace, the 50/50 joint venture company they introduced in May 2006. All trading on the platform will be suspended at the close of business on 17 October, 2008. During the coming months, CME Group and Thomson Reuters will work closely with FXMarketSpace to ensure an orderly wind down of existing business operations
If they couldn’t make it work in this environment where counterparty risk is paramount then they could never make it work…
First ReutersFXHub, now FXMarketSpace. What’s going on with Reuters?
GO forexlive!