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Search resuls for: "Trading Technologies"


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The project to revamp the LME's electronic system was due to go live in June this year. Sources said the front-end trading platform developed by U.S.-based Trading Technologies does not work for the complicated structure of contracts on the LME. In response to a request for comment, Trading Technologies said: "We would defer to the LME on this." The problem comes from the LME's unique date structure which allows trading for any day between the cash contract and the benchmark three-month forward. One important aspect, the LME said, is aligning its platform with other exchanges.
Persons: Peter Nicholls, Pratima Desai, David Evans Organizations: London Metal Exchange, City of, REUTERS, Companies Hong Kong Exchanges, Trust, Hong Kong Exchanges, HK, U.S, Technologies, Trading Technologies, Thomson Locations: City, City of London, Britain
CNN —Suspected North Korean hackers infiltrated a software firm that claims hundreds of thousands of customers around the world in a cyberattack that shows Pyongyang’s advanced hacking capabilities, private investigators said Thursday. But it’s the latest evidence that North Korean hackers are pulling out all the stops to break into organizations to steal or spy on them in support of dictator Kim Jong Un’s strategic interests. A recent CNN investigation found a rampant effort by North Korean hackers to steal cryptocurrency and launder it into hard cash that might help fund the regime’s weapon’s programs. Trading Technologies has not been able to verify Mandiant’s findings yet because the company just became aware of the issue last week, a spokesperson for Trading Technologies told CNN on Thursday. “What we do know with certainty is that 3CX is not a vendor or a customer of Trading Technologies,” the Trading Technologies spokesperson said.
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