Monthly Archives: August 2023
CFTC Orders Texas Trading Advisor and His Company to Pay Approximately $250,000 for Fraudulent Solicitation and Failure to Register
(HedgeCo.Net) The Commodity Futures Trading Commission has issued an order filing and simultaneously settling charges against Peter L. Bryant of Texas and his company, Bryant Capital Trade Management Corporation (Bryant Capital), a registered Texas entity, for committing fraud while acting […]
Stock futures are little changed as investors look ahead to next batch of corporate earnings: Live updates
(CNBC) Stock futures are near flat Tuesday night as investors awaited on the latest crop of corporate earnings reports from well-known names including Nvidia. Dow Jones Industrial Average futures added 22 points, or 0.1%. S&P 500 and Nasdaq 100 futures […]
Digital assets funds see $55m outflows
(Hedgeweek) Digital asset investment products saw outflows totalling $55m last week, as investors reacted to media reports that an SEC decision on allowing US spot-based ETFs is not imminent, according to the latest Digital Assets Fund Flows Weekly report from […]
Citadel and Balyasny open new front in talent war
(Hedgeweek) The talent war between Citadel and Balyasny Asset Management has flared up again with Ken Griffin’s Miami-based firm alleging that several Citadel employees misappropriated confidential information before leaving to join Balyasny, according to a report by Bloomberg. To read […]
SEC approach to public disclosure of SBS positions is “critically flawed”, says MFA
(Hedgeweek) The approach adopted by the US Securities and Exchange Commission (SEC) in its proposal requiring public disclosure of large security-based swap (SBS) positions (Rule 10B-1) is “critically flawed”, according to the Managed Funds Association (MFA). To read this article:
Neave ditches Odey European’s leveraged bond bets
(Hedgeweek) Freddie Neave has continued to cut risk at Odey Asset Management’s flagship European Inc fund having removed the leveraged bond bets placed by former boss and Odey AM founder Crispin Odey, ahead of moving the fund to a new […]
New York FinTech Investment Adviser Charged for Misrepresenting Hypothetical Performance of Investments
(HedgeCo.Net) The Securities and Exchange Commission has charged Titan Global Capital Management USA LLC, a New York-based FinTech investment adviser, for using hypothetical performance metrics in advertisements that were misleading. The SEC also charged Titan with multiple compliance failures that […]
Stock futures are little changed as the Nasdaq rises to its best day in August: Live updates
(CNBC) U.S. stock futures were flat Monday night as the Nasdaq Composite and the S&P 500 snapped a four-day negative streak, in what has been a losing month for all the major averages. Futures tied to the Dow Jones Industrial […]
Credit Suisse tells hedge funds Japan equity sales business is to close
(Hedgeweek) Credit Suisse has told its hedge fund and other institutional clients that it is shutting down its cash equity sales business as part of a global overhaul of the bank’s operations by new owner UBS Group, according to a […]
Arm files for Nasdaq listing, as SoftBank aims to sell shares in chip designer it bought for $32 billion
(CNBC) Arm, the chip designer owned by Japan’s SoftBank, filed for a Nasdaq listing on Monday, positioning itself to go public during a historically slow period for tech IPOs. The company wants to trade under the ticker symbol “ARM.” Arm […]
Altcoins slide to begin the week while bitcoin and ether stabilize
(CNBC) The crypto market was lower to start the week after bitcoin posted its worst week since May. Bitcoin was higher by just 0.02% at the $26,136.36, according to Coin Metrics. Last week, it lost 11% due to a sharp […]
Hedge funds boost shorts after unwinding stock bets
(Hedgeweek)The latest data from Goldman Sachs Group’s prime brokerage unit shows that hedge funds upped their short bets in eight out of the 10 previous sessions up to last Monday, having rushed to unwind bullish stock bets as the recent […]
