Monthly Archives: March 2022
CFTC: markets are reacting and operating well but there remain unknowns
(Opalesque) The ongoing tragedy in Ukraine has resulted in extreme volatility and, at the same time, record trading volume on global markets, Rostin Behnam, the chair of the U.S. Commodity Futures Trading Commission (CFTC) told the International Futures Industry Conference […]
Hedge funds slash Aussie shorts as currency weathers Russia-Ukraine turmoil
(Hedgeweek) The Australia dollar has defied expectations by holding up during the market turmoil caused by Russia’s invasion of neighbouring Ukarine, causing huge fund managers to reverse their bearish stance, according to a report by BloombergQuint. To read this article:
Powell says ‘inflation is much too high’ and the Fed will take ‘necessary steps’ to address
(CNBC) Federal Reserve Chairman Jerome Powell on Monday vowed tough action on inflation, which he said jeopardizes an otherwise strong economic recovery. “The labor market is very strong, and inflation is much too high,” the central bank leader said in […]
Stock futures are flat after Powell says bigger hikes may be needed to fight inflation
(CNBC) Stock futures were flat in overnight trading after Federal Reserve Chair Jerome Powell said the central bank is open to higher rate hikes to combat rising inflation. Futures on the Dow Jones Industrial Average rose 10 points, while S&P […]
Accused bitcoin launderers in plea talks with prosecutors
(CNBC) Federal prosecutors on Monday said they were in plea negotiations with a New York couple recently arrested on charges of trying to launder $4.5 billion worth of stolen bitcoin cryptocurrency. To read this article:
Financial advisors are still reluctant to use cryptocurrencies. Investor demand may change that
(CNBC) Financial advisors have been reluctant to integrate cryptocurrency into client portfolios. They likely won’t be able to ignore the alternative asset for much longer. Cerulli Associates, in a study, found that 45% of advisors say they expect to use […]
SEC Charges Former Financial Adviser with Misappropriating Investor Funds
(HedgeCo.Net) The U.S. Securities and Exchange Commission has charged a former New Jersey broker and investment adviser representative with misappropriating at least $680,000 from his advisory clients and brokerage customers, some of whom were elderly or suffering from memory loss. […]
Breacher Capital Management ceases operations but reboots as Teza Technologies
(Opalesque) The Investment team at Breacher Capital Management announced that the firm joined Teza Technologies, a leading global quantitative investment firm. According to a communication received by Opalesque, Breacher Capital founder Art Holly said, “We look forward to leveraging Teza’s […]
Hedge funds go big on commodities as prices surge
(Hedgeweek) Surging prices prompted by Russia’s invasion of neighbouring Ukraine have seen hedge funds double down on their commodities bets, with increased exposure bringing sizeable returns, according to a report by CNBC. To read this article:
How hedge funds are tapping into a wealth of crypto opportunities
(Hedgeweek) While the volatile nature of cryptocurrencies – coupled with the still-unfolding shape of regulation – has kept some investors on the sidelines, outsized returns offered by digital assets continue to draw in hedge fund managers. To read this article:
Stock futures are steady after S&P 500?s best week since 2020
(CNBC) U.S. stock futures were steady in overnight trading on Sunday after the S&P 500?s best week since 2020. Dow futures edged up 15 points. S&P 500 futures rose 0.04% and Nasdaq 100 futures were flat. To read this article:
Investors come off a strong week looking for more gains now that they have some clarity from the Fed
(CNBC) With the Federal Reserve’s first rate hike out of the way, market pros are now debating whether the market can continue the upswing it started in the past week. A powerful rally in technology and growth stocks helped drive […]