格隆汇2月25日｜据英国金融时报，微软正在寻找新的伦敦总部地址，与此同时，保险经纪公司Lockton 和交易公司JaneStreet也在伦敦金融城积极寻觅新址，凸显出英国首都优质办公空间的供应短缺。知情 人士透露，微软将选址范围聚焦于伊丽莎白线沿线，从西边的帕丁顿到东边的金丝雀码头。微软寻求的 办公面积在20万至25万平方英尺之间，近几个月已与多家开发商和地产公司进行了接洽。世邦魏理仕为 微软提供咨询服务。微软表示，我们致力于在英国的发展，在全国各地都有办公设施。我们会定期对房 地产组合进行评估，以确保满足员工和长期业务的需求。 ...

Core Viewpoint - The Shanghai Gold Exchange (SGE) has adjusted the margin ratios and price fluctuation limits for certain gold and silver contracts in response to recent volatility in international gold and silver prices [1][2]. Group 1: Margin Adjustments - As of February 24, 2026, the margin ratio for several gold contracts, including Au (T+D), mAu (T+D), Au (T+N1), Au (T+N2), NYAuTN06, and NYAuTN12, has been reduced from 21% to 18%, with the price fluctuation limit changing from 20% to 17% [2]. - The margin ratio for the Ag (T+D) contract has been decreased from 27% to 24%, and the fluctuation limit has been adjusted from 26% to 23% [2]. - The margin for CAu99.99 contracts has been lowered from 200,000 yuan to 180,000 yuan per contract [2]. Group 2: Recent Historical Context - Prior to the adjustments on February 24, the SGE had increased the margin ratios and fluctuation limits on February 9, 2026, in preparation for market risk control during the Spring Festival [5]. - The adjustments made on February 24 effectively revert the margin ratios and fluctuation limits to levels before the February 9 changes [7]. - The SGE has been actively adjusting these parameters in response to significant fluctuations in gold and silver prices, with multiple notifications issued in late January and early February 2026 [7]. Group 3: Market Reaction - Following the adjustments, domestic gold and silver prices experienced an increase on the first trading day after the Spring Festival [8]. - On February 24, the Au99.99 contract closed at 1,147.66 yuan per gram, marking a 3.49% increase, with a cumulative rise of over 17% since 2026 [9]. - The main futures contract for gold on the Shanghai Futures Exchange rose by 3.52% to close at 1,150.50 yuan per gram, while the main silver futures contract surged by 12.84% to 22,327 yuan per kilogram, reflecting a cumulative increase of over 23% since 2026 [9].

格隆汇2月24日｜据彭博，美国交易公司简街资本(Jane Street)因涉嫌内幕交易被Terraform Labs的清算管 理人起诉。2022年的Terraform崩盘事件令投资者损失400亿美元，搅乱了加密货币市场，并最终导致了 FTX的倒闭。破产法院指定的管理人Todd Snyder在周一提交给曼哈顿联邦法院的一份经删节诉状中 称，简街资本利用非公开信息进行抢先交易，加速了Terraform的崩盘。滥用信息使简街资本得以在 Terraform生态系统崩溃前数小时，及时解除了数亿美元的潜在风险敞口。简街资本发言人对此表示， 公司将坚决反驳这些毫无根据、投机取巧的指控。 ...

新加坡海峡时报指数稳健创新高、逼近5000点，中企赴新上市回暖，A股核心资产ETF 首登新交所。本 周将公布宏观数据，企业业绩也将集中披露，这会否扰动市场走势？新加坡辉立证券股票经纪、新交所 学院讲师刘宇航的介绍。 新加坡海峡时报指数稳健创新高、逼近5000点，中企赴新上市回暖，A股核心资产ETF 首登新交所。本 周将公布宏观数据，企业业绩也将集中披露，这会否扰动市场走势？新加坡辉立证券股票经纪、新交所 学院讲师刘宇航的介绍。 ...

Core Insights - The article discusses the journey of a semiconductor engineer, referred to as ELOPE, who developed a trading system through extensive manual backtesting of gold market data over the past decade, emphasizing that the "holy grail" of trading lies within oneself rather than external sources [1][25]. Group 1: Trading System Development - ELOPE spent three months manually backtesting gold price movements, focusing on creating a precise trading system rather than just observing K-line patterns [3][5]. - The approach involved detailed data recording across six key aspects: direction, position size, time frame, entry signals, stop-loss, and exit strategies, which were refined through repetitive practice [5][18]. - ELOPE highlighted the importance of adapting the trading system to market fluctuations while maintaining core principles, advocating for a respectful and cautious approach to market dynamics [6][25]. Group 2: Risk Management and Discipline - A strict discipline was established where ELOPE would exit all profits if overall drawdown approached 20%, emphasizing the importance of protecting gains and managing emotional responses to losses [15][21]. - The engineer's background in the semiconductor industry contributed to a strong risk management mindset, focusing on systematic procedures to mitigate potential losses [21][22]. - ELOPE's trading philosophy includes a preference for self-regulation and strict adherence to risk management rules, which he believes are crucial for long-term success in trading [23][25]. Group 3: Unique Trading Signals - ELOPE introduced a unique entry signal based on the "second to last" candlestick, which serves as a critical point for determining market direction and potential reversals [9][11]. - The trading system incorporates both left-side and right-side entry points, allowing for flexibility in responding to market conditions without relying on predictions [11][18]. - The focus on specific candlestick patterns and their implications reflects a deeper understanding of market psychology and trading dynamics [11][25].

Group 1 - The Shanghai Gold Exchange announced an adjustment in margin ratios for various gold and silver contracts, increasing the margin for Au (T+D), mAu (T+D), Au (T+N1), Au (T+N2), NYAuTN06, and NYAuTN12 from 17% to 18% [1] - The margin for Ag (T+D) contracts has been raised from 23% to 24%, with the price fluctuation limit for the next trading day adjusted from 22% to 23% [1] - In the event of a one-sided market on February 9, the margin and price limit adjustments will follow the higher standards as per the Shanghai Gold Exchange's risk management regulations [1]

洲际交易所：2026年1月美国股票交易名义价值日均2025亿美元。 本文源自：金融界AI电报 ...

Group 1 - The core viewpoint of the articles highlights the volatility in gold and silver futures prices, with significant declines followed by a rebound in the market [2][3] - On February 2, 2023, gold futures closed at $4653 per ounce, down 1.95% from the previous trading day, while silver futures fell 1.94% to $77 per ounce [2] - Following the price drop, both gold and silver futures experienced a notable rebound in overnight trading, with increases exceeding 4% and 9% respectively [2] Group 2 - The Chicago Mercantile Exchange Group announced an increase in margin requirements for metal futures on January 30, raising gold futures margin from 6% to 8% and silver futures margin from 11% to 15%, effective after the close on February 2 [2] - The increase in margin requirements is expected to negatively impact related contracts by reducing speculative participation and liquidity, potentially forcing traders to liquidate positions [2] - Matthew Pigott from the independent research firm Metal Focus described the recent sell-off in precious metals as a "healthy correction," despite its extremity [3]

《越通社》1月27日报道，在国内外金价持续创出新高的背景下，越南政府正加快推进黄金交易平 台建设，旨在提升市场透明度、平衡供需关系，并逐步缩小与国际市场的价差。 （原标题：越南即将开设黄金交易所） 据越南国家银行设想，黄金交易平台将分三阶段推进：先行开展进口黄金原料交易，继而拓展至金 条交易，最终发展黄金凭证及衍生工具等多元产品。试点阶段暂不与国际黄金交易平台直接联通，被视 为在宏观调控和经济稳定前提下的审慎路径。 有观点认为，黄金交易平台可设于胡志明市国际金融中心，借助试点机制提升流动性和区域联通水 平。长远看，推动黄金市场金融化，有助于有效动员民间黄金资源，减少实物囤积，服务可持续经济增 长。加快建设黄金交易平台，体现了越南政府完善现代市场经济体制、主动应对全球波动、提升重要金 融市场调控能力的政策决心。 在1月26日召开的政府宏观经济管理与调度指导委员会会议上，政府总理范明政要求尽快于2026年2 月将黄金交易平台投入运行，同时试点数字资产交易平台，并建设由国家管理的不动产和土地使用权交 易中心。此前，政府总理已责成越南国家银行完善国家级黄金交易平台或交易所模式研究，并于1月内 报送政府常务机构。 ...

1月29日晚上10点钟，虽然已经下起了小雨，深圳水贝国际珠宝交易中心，杰我睿珠宝公司所在的特发 保税大厦楼下，仍有二三十名因大量资金或黄金无法提取的用户，彻夜守候不愿离开。 杰我睿"爆雷"引发广泛关注 据多名用户反映，杰我睿公司经营异常出现在1月18日，大量在杰我睿公司的贵金属交易平台充值购买 贵金属或寄存有黄金、白银的用户发现兑付异常，杰我睿的线上交易平台当时显示有数千人在排队等待 提现。21日，平台开始批量驳回用户提取现金和黄金、白银存货的申请，迅速在网上引发广泛关注，不 少用户在线上无法提现后纷纷赶到深圳水贝杰我睿公司所在地，但已经找不到、也联系不上公司的法人 和管理人员了。 据媒体报道，杰我睿线上交易平台的用户在15万左右，遍布全国多地，账户里本金和寄存贵金属没来得 及提现，价值高达数百万或几十万的用户不在少数。据一些用户自行统计的数据，未兑付资金可能已超 过百亿元。 预定价交易 杰我睿打开的"潘多拉魔盒" 位于深圳罗湖区的水贝黄金珠宝产业集聚区，周边500米范围内，是目前国内最大、产业链最完善的黄 金珠宝交易与集散中心。 成立于2014年的深圳市杰我睿珠宝有限公司，原为深圳水贝黄金原料交易商，近年来 ...