News

AlphaBot, a company that combines portfolio construction and execution, professional networking, cloud computing and data management all in one place, today announced it has added performance data and analysis tools enabling investors for the first time to compare, portfolio build, and compile reports on more than 1,600 cryptocurrencies and tokens.
Facebook lost about $119 billion of its value on Thursday, marking the biggest one-day loss in U.S. market history. The company's shares plunged $41.24, or almost 19%, to $176.26 a day after the social media giant reported disappointing results. The slide is the largest decline in market capitalization in history, exceeding Intel's $91 billion single-day loss in September 2000, according to Bloomberg data.
Market events to watch this week
Intercontinental Exchange Inc. (ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced plans to launch a physically delivered Permian West Texas Intermediate (WTI) crude oil futures contract, deliverable in Houston, Texas. The Houston delivery point has become the pricing center for U.S. crude oil production and exports, and the new flat price futures contract is designed to serve hedging and trading opportunities in this growing market.
Alt 5 Sigma Inc. is pleased to announce Wynston Hill Capital as its first FINRA-registered Broker-Dealer to launch the A5S cryptocurrency platform, a first-of-its-kind proprietary platform developed to connect financial institutions to the cryptocurrency global markets.
OptionMetrics, an options database and analytics provider for institutional and retail investors and academic researchers, has restructured its management leadership as it continues to expand into new markets. David J. Hait, Ph.D., founder of OptionMetrics, formerly President of the company, is now Chief Executive Officer.
Market events to watch for the week of July 16
Chicago-based R.J. O’Brien & Associates (RJO), an independent futures brokerage and clearing firm in the United States, announced on Monday that Joseph B. Raia has joined its New York office as Managing Director, Global Commodity Futures.
Market events to watch this week
Total nonfarm payroll employment increased by 213,000 in June, and the unemployment rate rose to 4.0%, the U.S. Bureau of Labor Statistics reported on Friday, July 6. Job growth occurred in professional and business services, manufacturing, and healthcare, while retail trade lost jobs.