Although anecdotal reports bemoaning the state of the initial coin offering (ICO) market are seemingly appearing everywhere, the statistics for the first month of the new year are telling a very different story.
Legg Mason confirmed that it reached an agreement with Trian Fund Management on the composition of its board, naming Nelson Peltz and Ed Garden as directors.
The Shanghai Gold Exchange has delayed plans for a platinum contract after failing to gain political clearance, threatening a push to open up a market for the precious metal dominated by the arm of a big state-owned company.
Remember David Fotheringhame? He’s the former head of electronic fixed income currencies and commodities (FICC) trading at Barclays who was – wrongfully it turned out – let go by the bank in 2016 after the New York Department of Financial Services incorrectly claimed he’d been a key player in a ‘Last Look’ trading system that rejected unprofitable orders for the bank.
This is a quick note, written during Consensus to explain why investors and traders of Bitcoin should care about best execution.