The Traderszone Network

Ask people which is the most important structure that keeps the US capital markets humming day after day, and most will likely erroneously say the New York Stock Exchange, which however over the past decade has transformed from its historic role into nothing more than a TV studio for financial cable networks. Some might be closer to the truth and say that the most important building is the true New York Stock Exchange located in Mahwah, New Jersey however that also is not true as the NYSE now accounts for just a small fraction of total traded volume.

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Singapore growth for Q1
– Flat (0.0%) for the q/q (seasonally adjusted)

Monetary Authority of Singapore (Singapore’s central bank):
– Will set the rate of appreciation of the SGD NEER policy band at zero percent, beginning 14 April 2016
Headlines via Reuters 

Exchange news via Reuters
– The CME is to shut down its New York trading floor at the end of this year due to low volume
– Closing options pits for metals & oil

Two key lawmakers Wednesday circulated a proposal that would require companies to unlock encrypted technology when served with a court order, a notable change in the law that could escalate the clash between Silicon Valley and Washington.
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In a bid for transparency, the agency has a new label, but getting companies to use it may be another story.

A former journalist who was convicted for aiding a hacker group, was sentenced to prison today. The Verge reports.

Indexes took a step closer to setting new all-time highs on Wednesday.