Showing posts with label Sigma X. Show all posts
Showing posts with label Sigma X. Show all posts

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.