Watching The Watch Dogs

Watching the watch dogs (via Futures Magazine)

By Lindsay Fortado, Bloomberg May 6, 2014 • Reprints The U.K. Treasury is reviewing whether the country’s two finance regulators are doing enough to hold wrongdoers to account. The government will examine the effectiveness of the processes at the…


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Let there be light: Futures leader instructs equity world

Let there be light: Futures leader instructs equity world (via Futures Magazine)

By Matthew Leising, Bloomberg April 23, 2014 • Reprints Terrence Duffy, who as executive chairman of CME Group Inc. oversees the world’s largest futures exchange, has a solution for those seeking to fix the U.S. stock market: kill dark pools.…


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HFT Shenanigans Consumer Sentiment Leak

CME gave high-frequency traders peek, lawsuit claims

CME gave high-frequency traders peek, lawsuit claims (via Futures Magazine)

By Matthew Leising and Andrew Harris, Bloomberg April 13, 2014 • Reprints CME Group Inc., owner of the world’s largest futures market, was sued by users who allege the company sold order information to high-frequency traders ahead of other market…


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Flash boys ride winning trade with Lewis book

Flash boys ride winning trade with Lewis book (via Futures Magazine)

By Daniel P. Collins April 5, 2014 • Reprints The equity world has been all abuzz since Michael Lewis appeared on 60 minutes last Sunday to talk about his new book “Flash Boys a Wall Street Revolt.” The book chronicles the story of Royal Bank…


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The roundabout path to profits: Mark Spitznagel on the Dao of Capital

The roundabout path to profits: Mark Spitznagel on the Dao of Capital (via Futures Magazine)

By Daniel P. Collins April 1, 2014 • Reprints Mark Spitznagel is an accomplished trader and hedge fund manager who has learned to take advantage of market distortions he blames on an overly involved Federal Reserve and government, while preparing…


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Copper trades near 44-month low – Bloomberg

Copper trades near 44-month low (via Futures Magazine)

By Maria Kolesnikova and Luzi Ann Javier, Bloomberg March 13, 2014 • Reprints Copper (COMEX:HGG14), trading near a 44-month low reached yesterday, fell after weaker-than-estimated industrial production added to signs of slower demand in China, the…


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Funds long crude

Funds long crude (via Futures Magazine)

By Mark Shenk, Bloomberg February 17, 2014 • Reprints Crude Positions   Net-long positions in WTI crude increased by 30,090 futures and options combined to 306,021, the highest level since the week ended Aug. 30. Long positions rose by 17,783 to…


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German regulator opens door to shutting down ‘risky’ products

German regulator opens door to shutting down ‘risky’ products (via Futures Magazine)

By Birgit Jennen and Patrick Donahue, Bloomberg February 13, 2014 • Reprints German Finance Minister Wolfgang Schaeuble left the door open to banning some financial products as the coalition parties vied to show their determination to clamp down on…


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SEC said to hire this ex-Finra exec to run trading division

SEC said to hire this ex-Finra exec to run trading division (via Futures Magazine)

By Dave Michaels, Bloomberg February 13, 2014 • Reprints The U.S. Securities and Exchange Commission is poised to name a former executive of Wall Street’s self-regulator as its top overseer of exchanges, brokerages and clearing firms, according…


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Judge rules Corzine must face customer claims

Judge rules Corzine must face customer claims (via Futures Magazine)

By Patricia Hurtado, Bloomberg February 11, 2014 • Reprints Jon Corzine, the former chairman of MF Global Holdings Ltd., must face some claims in a lawsuit filed by commodities customers over his role in the collapse of the brokerage company, a judge…


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Farm profits decline sharply; who will pay the price? – Bloomberg

Farm profits decline sharply; who will pay the price? (via Futures Magazine)

By Alan Bjerga, Bloomberg February 11, 2014 • Reprints A waning boom in U.S. crop prices will cut annual farm profits 27 percent this year from a record, potentially denting demand for Deere & Co. tractors and Monsanto Co. chemicals, the government…

 

 


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Institutional investors ditch equities for this sector

Institutional investors ditch equities for this sector (via Futures Magazine)

By Press Release February 8, 2014 • Reprints The following is from EPFR Global… Institutional redemptions from EPFR Global-tracked US Equity Funds and commitments to US Bond Funds both set new records in dollar terms going into February as markets…


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Volcker rule could kill reemergence of CLOs

Volcker rule could kill reemergence of CLOs (via Futures Magazine)

By Kristen Haunss, Bloomberg February 5, 2014 • Reprints Morgan Stanley cut its collateralized loan obligation forecast by as much as 27 percent to $55 billion as issuance slowed last month because of questions about the Volcker Rule’s impact on…


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Fed heads won’t be swayed by a little bear move

Fed heads won’t be swayed by a little bear move (via Futures Magazine)

By Craig Torres and Aki Ito, Bloomberg February 4, 2014 • Reprints Two Federal Reserve district bank presidents signaled a decline in global stock markets probably won’t deter the Fed from further trimming bond buying that has pushed up central…


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Did Goldman Sachs rip off Qaddafi’s Libyan fund?

Did Goldman Sachs rip off Qaddafi’s Libyan fund? (via Futures Magazine)

By Matt Levine, Bloomberg January 31, 2014 • Reprints Then he pushed these trades — according to the complaint anyway — and they ended up upset with him. First though they passed through the stage of “confused”: Within the LIA there was confusion…


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