Tag:
trades
Latest Headlines
Latest Headlines
Big-name IPO prices decline in aftermarket
There's only so much an investment bank can do to support an IPO stock in the aftermarket.
Back in the dotcom heyday, there were lots of deals that obligated various firms to support the stock in exchange for an allocation. The idea was to get the stock off to a good start and then watch it so
Market structure issues are front and center
For many in the industry, market structure has been such an huge issue over the past two years that it's hard to see the significance of the Sunday New York Times article called "Clamping Down on Rapid Trades in Stock Market."
To be sure, the article hit on such issues as the regulatory re
George Soros fails in bid to overturn conviction
George Soros has been trying for nearly a decade to clear his name of an insider trading conviction in France, where a court found him guilty in 2002.
At issue: Trades in the stock of Société Générale that proved to be fabulously profitable for his Quantum Fund, which gained nearly $3 billion.
CDS investors hold on for longer than many think
As the rules for the new, more automated and more regulated OTC derivatives markets takes shape, we're seeing some interesting sparring over CDSs and the extent to which they are hedged by the big dealers.
One proposal has called for the industry to report trades within 15 minutes of consummat
Volcker Rule's details set to be announced soon
Regulators are in the final stages of hammering out the final rule set for the Volcker Rule, which aims to prevent banks with federally insured deposits from engaging in risky proprietary trading.
The rule, part of Dodd-Frank, has been tricky to structure in part because there's a thin line se
SEC proposes ban on shorting structured products
If there's one thing that infuriated critics during the great structured product implosion, it was the practice of banks taking positions on various trades that seem to put it at odds with some clients.
It does seem tawdry when an investment banks issues various securities to clients, and then
Rogue trader sinks earnings at UBS
After all the rogue traders we've seen at the likes of Societe General, Barings and even Morgan Stanley (on a smaller scale), it still shocks me that banks allow this stuff to happen. This is one of the compliance challenges that never seems to be adequately addressed, even in the wake of the Jero
Family-based insider trading rings busted
What should a good parent or a loving spouse do with a hot stock tip? Time and again, it has been proven that for the good of their loved ones, they should keep the news to themselves.
We've seen this twice just recently. William Marovitz, the husband of Christie Hefner, former CEO of Playboy,
ETF settlement fails--what's the big deal?
The controversial study from the Kauffman Report on systemic risks posed by exchange traded funds (ETFs) was roundly criticized by the industry when it was released last year. The foundation followed up with another report in March about ETFs and settlement fails , which has also been c
Wiretaps--a short-lived advantage for prosecutors
We've noted before that wiretap evidence has proven crucial in cases against alleged insider traders. The government has racked up three wins in a row, thanks in large part to the decision by prosecutors take the once-unprecedented step of using wiretaps. So far anyway, the decision has been vindi
