Wednesday, July 20, 2011

UK hit by Eurozone Crisis


UK banks dragged into eurozone crisis as global markets take fright

Lloyds, RBS and Barclays take £5bn hit as stock and commodity prices plummet, while US urges Europe to be more decisive
Interesting b/c two days ago, zerohedge posted the Sigma X screen showing major action on Lloyds indicating a shift from Eurozone wackiness from Italy to UK.  Sigma X is the Goldman dark pool trading center.  Dark pools are trading centers where buyers/sellers are anonymously paired up & action happens outside the trading markets.  More info on this zerohedge post.



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