CAREERS IN FUTURES TRADING

We are an Essex based Financial Futures Trading company specialising in Short Term Interest Rate derivatives. Currently we are looking for enthusiastic and determined people who would like to train to become self employed traders.

If you are interested you can submit your CV to us on-line.

Elocal Trading
NEWS

Overview: Oil reversal helps equities rebound

Wed, 20 Aug 2008 18:06 BST

A sharp turnaround in the oil price helped trigger a rebound for US and European equities and helped push the dollar back towards a recent six-month high against the euro

HP earnings spur wider blue-chip rally

Wed, 20 Aug 2008 21:57 BST

US stocks closed higher as better-than-expected earnings from Hewlett-Packard gave a boost to technology stocks, which combined with a fall in oil prices to draw attention away from the embattled financial sector

Miners and oil boost London

Wed, 20 Aug 2008 20:29 BST

Miners and oil stocks provided the foundation for a London market rally that left retailers such as J Sainsbury sidelined

Dovish central bank stance hits pound

Wed, 20 Aug 2008 23:40 BST

Sterling slid against the dollar on Wednesday, on expectations of UK interest rate cuts by the end of the year

European resource stocks lead bounce

Wed, 20 Aug 2008 20:15 BST

European equity markets bounced on Wednesday after firmer commodity prices lifted shares in mineral and energy stocks

Oil volatile after US inventories data

Wed, 20 Aug 2008 20:04 BST

Crude oil prices saw a highly volatile session as traders weighed US data showing a big jump in crude stocks and a large fall in petrol inventories last week

MTF platforms set to proliferate

Wed, 20 Aug 2008 15:59 BST

Up to three more alternative European equities platforms are in the pipeline in addition to the previously announced ventures such as Turquoise, BATS Trading and Equiduct, according to Fortis, the Belgo-Dutch bank

Shanghai soars on hopes of stimulus plan

Wed, 20 Aug 2008 10:48 BST

Shanghai equities made their biggest daily gain in four months as optimism rose that the Chinese authorities would implement a stimulus plan to help the economy and support capital and property markets

Saudi opens exchange to foreign investors

Wed, 20 Aug 2008 20:50 BST

Saudi Arabia is, for the first time, to allow foreign investors to buy indirectly shares listed on its stock market – its most significant move towards opening up the Middle East's largest bourse to outside investment

Freddie pays highest risk premium

Wed, 20 Aug 2008 02:26 BST

The severity of the US mortgage crisis was underscored as Freddie Mac, one of two government-sponsored enterprises that underpin the US housing market, paid its highest risk premium to sell a $3bn (£1.6bn), five-year debt issue to investors

SEC set to overhaul data filing system

Tue, 19 Aug 2008 21:34 BST

The US Securities and Exchange Commission said it would replace its decades-old system of collecting, collating and distributing financial information with a new interactive database

Gloom among manufacturers grows

Wed, 20 Aug 2008 12:33 BST

British manufacturers are more downbeat about their prospects than at any time since late 2001, according to the latest CBI monthly survey of manufacturing trends, with only 23 per cent describing ther order books as above normal

A&L in asset-backed bond sale

Tue, 19 Aug 2008 22:34 BST

Alliance & Leicester has sold only the second mortgage-backed bond out of the UK since the credit turmoil struck. But while the deal offers a small ray of hope to troubled lenders, it does not presage a market recovery

Jakarta hires banks for global sukuk issue

Tue, 19 Aug 2008 22:47 BST

Indonesia appointed three banks to handle its global Islamic bond programme in a boost to the sukuk market

Dollar reaches seven-month peak

Tue, 19 Aug 2008 17:20 BST

The dollar climbed to a seven-month high on Tuesday as US producer price inflation came in much stronger than expected

Elocal Trading
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