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Trading News

London Whale scandal: JPMorgan Chase accused over $6 billion loss

John McCain, the senior Republican on the US Senate panel investigating the affair, said JPMorgan Chase had misled investors before lying to investigators about its $6 billion trading losses.
In the Media by Eko Armunanto - 1 comment

Global commodities trading company: 'Drought good for business'

Criticism is mounting against one of the world's most well-recognized commodities trading companies after Glencore declared the global drought and food crisis is a "good" business opportunity.
In the Media by David Silverberg - 4 comments

Teens trading sex for booze or drugs still live at home: Study

A new study out of British Columbia, Canada suggests a small number of rural teens are trading sex for booze or drugs. But what is even more surprising is that most of those kids still live at home with family.
In the Media by Darren Weir - 2 comments

Op-Ed: Facebook investors should take responsibility, keep faith

A botched debut and a week of dismal performance on the markets has compelled early investors in social networking site Facebook to brandish their knives.
In the Media by Justin Crann - 2 comments

Op-Ed: Confessions of a trader – Goldman Sachs rules the world

Alessio Rastani is handsome, intelligent, charismatic, extremely expensively dressed, and dreaming of a big stock market crash so he can make money off your misery.
In the Media by Alexander Baron - 1 comment

BRC figures reveal 7,599 trading hours lost during UK riots

Courtesy of the British Retail Consortium (BRC), shocking figures have been released regarding the impact the UK riots had on trading.
In the Media by Christopher Bates

Op-Ed: US Dollar, Bonds to Benefit from Debt Downgrade

In the short term, both the US dollar and US Treasury bonds may actually benefit from the downgrade of the US debt and react to panic buying.
In the Media by Sam Vaknin

China's illegal tiger poaching trade exposed tonight

The market for wild tiger skins and body parts continues to grow in China and across the world. Tonight's premiere of "Dangerous Trade" promises to expose the political, criminal and brutally cruel aspects of the murdering of this threatened species.
In the Media by Kim I. Hartman

UN says North Korea exporting banned nuclear technology

Seoul - A leaked UN report says North Korea is using front companies and criminal syndicates to export nuclear and missile technology in the face of UN sanctions.
In the Media by Christopher Szabo

Record-high gold trading reflects concerns of Euro-zone economy

Gold trading reaches record highs as investors perceive the precious metal as a safe haven amidst the uncertainty and skepticism of the euro-zone currency bailout.
In the Media by Gordon K. Chan - 2 comments
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Friction, Efficiency, and Volatility in Financial Markets

It is an open question whether frictionless markets are more efficient. Traders and investors need time to digest new...
Oct 16, 2012 by Sam Vaknin
 

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