Nasdaq is poised to launch a platform for foreign exchange trading which it says would make the $5 trillion-a-day global market more transparent and would diversify its own business, a top executive from the stock market operator said.

Investors got a day off from commodity market turmoil on Tuesday, as oil prices steadied at $50 a barrel after

Spot market gold and silver prices fell to their lowest levels since September 2010 Thursday, with gold dropping through $1,300 an ounce during London trading and silver falling below $20 an ounce.
Wholesale prices for gold and silver rallied from a fresh plunge in early London dealing on Monday, rising to stand unchanged and 2.3% lower respectively from the end of last week's trade by lunchtime.
On New York's Comex exchange, the so-called speculative net long position of gold futures and options traders rose in the week ended last Tuesday, a week after hitting its lowest reported level since 2008
"It can only be a question of time before buoyant [exchange traded fund] demand causes the silver price to rise," say commodities analysts at Commerzbank, noting that yesterday saw the largest inflows into silver ETFs since December 2010, taking total ETF holdings to a new record of nearly 20,000 tonnes.
Following last week’s losses of 0.50% and 2.5% respectively, gold and silver started the final full trading week of the year on a muted note. Thinning participation and year-end book-squaring have begun playing a more significant role.
Friday morning saw the gold price drop below $1700 an ounce again, while stock markets, commodities and the Euro all fell ahead of the final US nonfarm payrolls release of 2012.
Gold prices broke to under the pivotal $1,700 mark overnight, and did so despite a slightly weaker US dollar, despite a firmer euro, but alongside almost 1% weaker crude oil values. The decline was partially attributed to an overall slide in commodities.
Spot market gold bullion prices hovered close to $1,725 an ounce during this morning's London trading, holding gains made overnight in Asia, as stocks and commodities also recovered some ground lost last week.