U.S. CFTC Watchdog Faults Gensler For MF Global Probe Recusal
05/21/2013 5:46:10 PM ET
WASHINGTON (Reuters)—The chairman of the U.S. derivatives regulator made a questionable call when he chose to distance himself from probing the demise of futures broker MF Global, the agency's internal watchdog said in a report released on Tuesday [May 21].
Oaktree Founders Could Reap Up to $80 Million Each in Stock Sale
05/21/2013 5:03:47 PM ET
NEW YORK (Reuters)—Oaktree Capital LLC, the world's largest distressed debt investor, said its two founders could each receive as much as $79.9 million in a secondary offering of its shares if the firm clears net proceeds of $367.
E.U. Oil Probe Seeks Market Abuse Evidence Since 2010
05/21/2013 3:48:57 PM ET
EDITOR'S NOTE: This story has been updated with the European Commission's list of requests for information.
LONDON (Reuters)—The European Commission is asking oil traders across the continent to provide evidence of market abuse to determine whether companies sought to manipulate prices reported to leading price-setting agency Platts.
Goldman's Special Situations Group Names New Global Head
05/01/2013 3:26:04 PM ET
NEW YORK (Reuters)—Goldman Sachs Group Inc. has named Julian Salisbury to become head of its Global Special Situations Group, as current head Jason Brown retires, according to memos sent on Wednesday [May 1] that were obtained by Reuters.
Noble Hires Evans to Bolster Base Metals Operations
04/29/2013 3:07:01 PM ET
NEW YORK (Reuters)—Goldman Sachs' former senior physical metals trader Scott Evans will join Noble Group as the Hong Kong-based commodity trading house expands its base metals operations.
Buy Side Steps Up, and Streamlines: TABB Group Study
By Rich Blake, HedgeWorld
05/04/2010 10:02:17 AM ET
NEW YORK (HedgeWorld.com)—As money managers engage in increasingly sophisticated trading methods while encountering more compliance pressures, the push to invest in technologically advanced Order Management Systems (OMS), and separate Execution Management Systems (EMS), has never been greater, according to a soon to be released TABB Group study which surveyed 118 buy-side trading desks.
By HedgeWorld Staff
08/20/2008 3:59:29 PM ET
Penserra, BIDS Trading in Agreement
NEW YORK (HedgeWorld.com)—Agency broker Penserra Securities and BIDS Trading on Wednesday [Aug. 20] announced an agreement whereby Penserra's institutional investor client base will get direct access to the BIDS Trading crossing system.
Is Sony Un-Japanese Enough to Entertain Change?
05/21/2013 5:35:30 PM ET
TOKYO (Reuters)—Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favors long-standing ties with banks, business partners and workers rather than shareholders seeking value.
Struggling electronics giant Sony Corp.
Hedge Funds Selling Gold Again After Propping Market Last Month
05/20/2013 12:54:24 PM ET
NEW YORK (Reuters)—Hedge funds and other big speculators in commodities have started selling gold in a big way, trade data showed on Friday [May 17], just a month after they had supported the precious metal amid a record tumble in its price.
Money managers, including hedge funds, pulled $1.
Lew: Foreign Officials Too Critical on Swaps Rules
05/21/2013 3:27:56 PM ET
WASHINGTON (Reuters)—Foreign countries are being too critical and potentially hurting delicate negotiations with U.S. regulators over how broadly they should apply new over-the-counter derivatives rules to trades that cut across borders, U.
High-Speed Trading a Stiff Challenge For U.S. Regulators
05/20/2013 10:52:56 AM ET
CHICAGO (Reuters)—Financial trading in world markets has grown so lightning-fast that effective regulation is growing tougher by the second, increasing the threat of crashes sparked by hoaxes, electronic glitches or yet-unknown causes.
The latest alarm was triggered by a fake tweet saying that the White House was bombed, prompting a U.
Lipper Hedge Fund Performance - April 2013 - Equity Market Neutral (U.S. Funds)
05/21/2013 3:49:17 PM ET
CHICAGO (HedgeWorld.com)—The chart below contains hedge fund performance data from the Lipper Hedge Fund Database for all U.S. funds open to investment.
Lipper Hedge Fund Performance - April 2013 - Equity Market Neutral (All Funds)
05/21/2013 3:47:49 PM ET
CHICAGO (HedgeWorld.com)—The chart below contains hedge fund performance data from the Lipper Hedge Fund Database for all funds open to investment. Performance listed is absolute performance.
Opinion: How to Manipulate Oil Price Assessments
By Robert Campbell, Reuters
05/15/2013 2:12:43 PM ET
Robert Campbell is Reuters' energy markets columnist. The views expressed are his own.
The vulnerability of physical crude price assessments to manipulation is an open secret within the oil industry.
Opinion: BRICs Hit the Wall; Restructure, or Recycle?
By James Saft, Reuters
04/25/2013 4:07:08 PM ET
James Saft is a Reuters columnist. The views expressed are his own.
It may be time for emerging market investors to acknowledge the truth: the problem is not just cyclical, it is structural.
Dollar Power From Freddie/Fannie Bad for Commodities
09/09/2008 11:32:54 AM ET
NEW YORK (Reuters)—Investors, ready to hammer commodities down after driving them to record highs just months ago, may find more inspiration for their pessimism after the bailout of U.S.
Analysis: Zinc Prices to Slide Further on Oversupply
09/02/2008 11:18:04 AM ET
LONDON (Reuters)—With sliding zinc prices taking their toll on miners, they can be forgiven for asking when the market will turn upwards—not any time soon, according to market experts.
The industry has seen mine closures and output cuts as energy, labor and equipment costs rise while zinc prices drop.