Hints and tips:
...Desai’s AND Partners LLC will provide services including “research on considerations around potential imposition of sanctions administered by the United States Office of Foreign Assets Control upon [Troost...
...The people who are buying it are retail traders.”...
...Among the latest actions, the PCAOB found that PwC ignored red flags in its audit of Aegean Marine Petroleum Network, one of the world’s largest traders of shipping fuel, which went bust in 2018 as a result...
...Attorneys for Millennium and the two traders argued that the hit to Jane Street’s profits appeared to result from outside factors such as decreased volatility and fewer trading days....
...Within the multi-manager sector, investors anticipate that some players with disappointing numbers could be forced to lay off traders, cut costs or potentially team up....
...Meanwhile, Sweden’s tax authority told the FT that of 750,000 people registered as sole traders in 2022, approximately 180,000 reported no revenues....
...Investors remain keen to put money to work with multi-manager hedge funds, which allocate capital to specialist traders who are overseen by sophisticated risk management technology....
...Alongside Ken Griffin’s Citadel, Schonfeld and Izzy Englander’s Millennium are among the most prominent multi-manager hedge funds, which allocate capital to specialist traders running a diverse range of...
Plus, a star City trader enters the next phase of his career and ValueAct becomes the latest activist to storm Disney
...The ‘Rigatoni’ trader served with insider trading charges US federal prosecutors have charged Anthony Viggiano, a former employee of Blackstone and Goldman Sachs, with allegedly tipping off his buddies...
...Fama’s theory was that the overall impact of countless investors and traders continually trying to beat the market meant that information got quickly baked into prices, making it hard to outperform markets...
...This isn’t the first time traders and journalists have come to work together. Many hedge funds hire reporters for their investigative skills to help them spot news trends....
...Chanos is best-known for his bet against energy trader Enron, as well as for his more recent, but unsuccessful, campaign against electric-car maker Tesla....
...Retail traders bet on Turkey When you think of the world’s hottest equities markets, Turkey may not spring to mind....
...staff report on the GameStop saga: If anything, Citadel Securities and other market-makers should have been encouraging more trading in GameStop, not discouraging it to rescue competitors to the Citadel LLC...
...Switzerland’s federal prosecutor has charged the commodity trader Trafigura with bribing foreign officials in Angola....
...Multi-strategy is the broad term for hedge funds that combine a lot of different investment styles and strategies, with risk managed centrally and capital and leverage allocated to teams of traders, or “...
Activity subsided in second quarter amid investors’ concern over banking turmoil
...That has forced traders to rethink their views on how long the Fed will keep interest rates elevated to curb inflation....
...Executives who choose NYSE get the chance to ring its famous opening bell in front of live traders....
...Even traders reluctant to trade electronically now recognise “that the writing is on the wall”, she wrote in a recent note....
...Citadel has hired three traders for its equities business Ashler Capital, Bloomberg reports....
...banking sector turmoil that has spilled into energy and metal markets is likely to be limited in duration with only minimal damage to the wider economy, according to some of the world’s biggest commodity traders...
...“It’s a very tough business,” said Harry Jho, founder of law firm Harry Jho LLC, which specialises in prime brokerage, adding that “if you’re providing full financing, you have to be able to assess the credit...
...A former Goldman Sachs and Vitol energy trader, he is known for his punchy bets. At times they have cost him, and last year he gave back some profits by being too bullish....
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