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This week’s Trader Digest reveals what is statistically the most profitable day to trade in 2018, why it's imperative traders learn to code, and a glimpse of the sports car of the future - which includes an inbuilt coffee machine...
Reading List
Wall Street banks eye technology to combat bond trading weakness
"After another lacklustre quarter for bond trading, most Wall Street banks are moving faster to adopt new technology to improve results, but analysts say the winners of the race must grow market share to combat shrinking margins."
Reuters
If it's Tuesday, you should be trading
“In 2018, Tuesday has accounted for three of the S&P 500’s five best-performing days" Business Day
Hong Kong plans to suspend trading in groups with shaky accounts
"The Hong Kong stock exchange plans to suspend share trading in companies with questionable financial results and accounting standards after a string of scandals, as part of a broader crackdown to protect investors." FT
Will Fidelity Be The Catalyst That Brings Crypto Trading To The Masses?
"Cryptocurrencies have had a rough go of it this year, with the prices of the leading digital tokens including bitcoin and ethereum plummeting. The knock on virtual currency: it has failed to take off with the masses as regulators have increased scrutiny and retailers haven’t embraced it as a payment method. Fidelity Investments, however, could play a role in changing all that." Forbes
For the Headphones
The trader’s guide for learning to code — with data scientist Hugo Bowne-Anderson
"For this episode, I speak with Hugo Bowne-Anderson; a data scientist at DataCamp (an educational platform for learning to code) and host of the DataFramed podcast." Chat With Traders
What to Watch
Take A Look At This 'Vision Of 2035' Concept Sports Car With Passenger Cocoons & A Coffee Machine
"The DS X E-TENSE is a new concept car created by DS Automobiles and it’s an imagining of what a sports car could look like in 2035. The car is completely electric and self-driving. It features a racing style cockpit for the driver, and a sealed cocoon for passengers to travel in comfort." Business Insider
