Former Broker-Dealer Partner Arrested for Insider Trading Scheme
NEWARK, NJ – Christopher Matthaei, a 44-year-old former partner at a New Jersey broker-dealer firm, was arrested today and charged with securities fraud conspiracy and …
Trading
Factbox-Asia’s carbon pricing and emission trading systems
By Matthew Chye SINGAPORE (Reuters) – Japan, the world’s fifth-biggest carbon dioxide (CO2) emitter, will begin a carbon pricing scheme in stages from April to …
Analysis-US bank trading and deposits in focus after rollercoaster month
By Tatiana Bautzer and Nupur Anand New York (Reuters) – As U.S. banks prepare to close the books on a tumultuous quarter, analysts say trading …
Relative of wealthy US retail family gets prison for insider trading
By Nate Raymond BOSTON (Reuters) – A member of a wealthy family that has held investments and leadership roles in retailers like DSW owner Designer …
Trading in big bond markets becomes challenging after bank rout – traders
By Yoruk Bahceli and Harry Robertson (Reuters) – Banking turmoil on both sides of the Atlantic prompting the sharpest daily moves in decades in big …
BOJ expands measures on 10-year JGB trading to counter short sellers
By Kantaro Komiya TOKYO (Reuters) – The Bank of Japan (BOJ) said on Monday it will continue applying previously announced measures to the latest 10-year …
Ex-US congressman convicted of insider trading before T-Mobile merger
By Jody Godoy (Reuters) – Former U.S. Congressman Stephen Buyer was convicted by a New York jury on Friday of trading on inside information he …
UK regulator launches probe into LME nickel trading halt
By Iain Withers and Eric Onstad LONDON (Reuters) -A British financial watchdog on Friday launched its first ever investigation of a UK exchange for possible …
Indonesia to scrap pandemic-era trading restrictions at end-March – regulator
JAKARTA (Reuters) – Indonesia’s financial services authority will ease some pandemic-era rules for the stock market, including on trading hours and short-selling, it said in …
Russia’s Tinkoff bank to suspend trading in euros from Feb 27
(Reuters) – Russian online bank Tinkoff, run by TCS Group Holding, said on Sunday it would suspend trading in euros from Monday following the imposition …
Former Pharma Executive And Cousin Charged With Insider Trading Of Kodak Stock
Damian Williams, the United States Attorney for the Southern District of New York, and Michael J. Driscoll, the Assistant Director in Charge of the New …
Rise of near-term options trading carries risk of Volmageddon 2.0 -JPM’s Kolanovic
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The rise of trading in near-term U.S. equity options has the potential to deliver a volatility shock …
Out of lockdown, Kmart pushes Australia’s Wesfarmers to higher profit
By Byron Kaye and Roushni Nair (Reuters) -Australia’s biggest listed conglomerate Wesfarmers Ltd booked a better-than-expected interim profit as a post-lockdown rebound at its Kmart …
CEO Of Cryptocurrency And Forex Trading Platform Pleads Guilty To Over $240 Million Scheme To Defraud Investors
Damian Williams, the United States Attorney for the Southern District of New York, announced today the guilty plea of EDDY ALEXANDRE, the leader of a …
Equinor raises energy trading forecast on volatility, flexibility
By Nora Buli LONDON (Reuters) – Norway’s Equinor raised its energy trading division’s outlook on Wednesday, saying it expects the business to profit from a …
U.S. Attorney Announces $1 Million Settlement Of Civil Fraud Lawsuit Against Trading Company For Underpaying Customs Duties On Imported Footwear
Damian Williams, the United States Attorney for the Southern District of New York, AnnMarie R. Highsmith, the Executive Assistant Commissioner for U.S. Customs and Border …
Goldman Sachs names banker in senior Americas trading role-memo
NEW YORK (Reuters) – Goldman Sachs Group Inc has named Benny Adler to lead the bank’s trading efforts on public capital market deals in the …
China remains Germany’s main trading partner for seventh year
BERLIN (Reuters) – Trade between Germany and China rose to a record level last year, making the Asian country Germany’s most important trading partner for …
Former Coinbase Insider Pleads Guilty In First-Ever Cryptocurrency Insider Trading Case
Damian Williams, the United States Attorney for the Southern District of New York, announced today that ISHAN WAHI, a former product manager at Coinbase Global, …
Perella Weinberg puts employee in insider trading probe on leave -sources
FRANKFURT (Reuters) – The advisory firm Perella Weinberg Partners has placed a London-based employee who is under investigation as part of an insider trading probe …
S.Korea fines Citadel Securities for stock algorithm trading breaches
SEOUL (Reuters) – South Korea’s financial regulator has imposed a fine of 11.88 billion won ($9.66 million) on U.S.-based Citadel Securities, saying it disturbed the …
Defendant Sentenced In Groundbreaking Cryptocurrency Insider Trading Case
Damian Williams, the United States Attorney for the Southern District of New York, announced today that NIKHIL WAHI was sentenced by U.S. District Judge Loretta …
Moscow Exchange says 2022 trading volumes surpassed $14.4 trillion
By Elena Fabrichnaya MOSCOW (Reuters) -Trading volumes on Moscow Exchange, Russia’s largest bourse, surpassed 1 quadrillion roubles ($14.44 trillion) for the second year running, it …
China’s COVID surge hits Beijing trading floors, Shanghai finance hub
SHANGHAI (Reuters) – COVID-19 is sweeping through trading floors in Beijing and spreading fast in the financial hub of Shanghai, with illness and absence thinning …
Russia’s SPB Exchange plans to expand trading in Chinese shares
By Alexander Marrow MOSCOW (Reuters) – SPB Exchange plans to offer trading in more than 500 Hong Kong-listed Chinese shares in 2023 and expand to …
U.S. SEC votes to increase disclosures around trading plans by insiders
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Wednesday voted to amend the Securities Exchange Act to expand disclosures around the trading …
China calls US ‘destroyer’ of global trading system at WTO
By Emma Farge GENEVA (Reuters) – China accused Washington on Wednesday of using subsidies to prop up national industries and refusing to abide by the …
‘Doing Bad Deals’: GOP Rep Who Served In Elite Army Unit Rips Biden Over Trading ‘Merchant Of Death’ For Griner
‘Doing Bad Deals’: GOP Rep Who Served In Elite Army Unit Rips Biden Over Trading ‘Merchant Of Death’ For Griner Harold Hutchison on December 8, …
California Executive Compensation Consultant Sentenced To Prison For Committing Insider Trading
Damian Williams, the United States Attorney for the Southern District of New York, announced that FRANK GLASSNER, a principal of an executive compensation consulting firm …
BlackRock and Tradeweb Markets partner on credit trading
NEW YORK (Reuters) – The world’s largest asset manager BlackRock Inc and trading platform Tradeweb Markets Inc are partnering to enhance electronic bond trading, the …
U.S. drops insider trading case against two Florida men
By Nate Raymond BOSTON (Reuters) – U.S. prosecutors on Monday moved to dismiss insider trading charges against a hedge fund manager and a Florida entrepreneur …
Russian rouble edges up in narrow trading range vs dollar
MOSCOW (Reuters) – The Russian rouble strengthened on Friday, trading in a narrow range between 60 and 61 to the dollar as it has for …
Hong Kong’s leading crypto retail operator says it ceases trading as FTX fallout roils sector
By Georgina Lee HONG KONG (Reuters) – A leading cryptocurrency retail service provider in Hong Kong said it has ceased trading as the broader fallout …
Exclusive-Shell’s flagship LNG trading made nearly $1 billion loss in Q3 -sources
By Ron Bousso, Marwa Rashad and Dmitry Zhdannikov LONDON (Reuters) – Shell’s liquefied natural gas (LNG) trading division recorded a loss of nearly $1 billion …
Europe’s debt market strains force some governments to rework trading rules
By Yoruk Bahceli and Dhara Ranasinghe (Reuters) – Some euro zone countries have eased rules for the banks that manage the trading of their government …
Glencore set for record 2022 trading profit despite second-half fall
LONDON (Reuters) – Glencore expects second-half operating profit at its trading arm to fall sharply from the previous six months to $1.6 billion, it said …
Global FX trading hits record $7.5 trln a day – BIS survey
By Marc Jones and Alun John LONDON (Reuters) – Currency trading has hit a record $7.5 trillion-a-day, a comprehensive new study has shown, with the …
Exchange operator CME tops profit views as trading volumes surge
(Reuters) – Futures exchange operator CME Group Inc reported third-quarter profits that beat expectations as volatility in the global markets amid high inflation, aggressive rate …
Exclusive-Vietnam may widen dong trading band again to conserve FX reserves – source
HANOI (Reuters) – Vietnam is preparing to loosen its tight leash on the dong currency, including possibly widening its trading band with the U.S. dollar …
Singapore central bank proposes measures on crypto trading, stablecoin
By Chen Lin SINGAPORE (Reuters) – Singapore’s central bank has put forward proposals for new regulatory measures on cryptocurrency trading and stablecoins, in a bid …
Los Angeles gasoline retreats in last day for trading October products
HOUSTON (Reuters) – Gasoline retreated in the Los Angeles wholesale market on Friday, the last day for trading October products, West Coast market traders said. …
EU proposes matching UK move to boost ‘dark’ share trading, documents show
By Huw Jones LONDON (Reuters) – A curb on “dark” or off-exchange trading of shares in the European Union should be completely removed to compete …
Top Fed Official Under Investigation For Violating Insider Trading Rules
Top Fed Official Under Investigation For Violating Insider Trading Rules John Hugh DeMastri on October 14, 2022 Raphael Bostic, President of the Federal Reserve …
Get out the Red Bull, 24/7 stock trading is coming, market execs say
By John McCrank (Reuters) – Around-the-clock trading, a feature of cryptocurrency markets, is likely coming to U.S. equities within five years, some retail brokerages and …
Tesco shoppers trading down to own label products, frozen food -CEO
LONDON (Reuters) – British shoppers are trading down to own label products and frozen food, and buying less non-food goods, as a result of the …
Trafigura expands management committee, combines gas and power trading
LONDON (Reuters) – Trafigura has appointed Richard Holtum as its global head of a newly combined gas and power division, the commodities trading firm said …
‘Failure Of House Leadership’: Dem Rep Excoriates Own Party, Pelosi For Not Passing Bill Banning Stock Trading
‘Failure Of House Leadership’: Dem Rep Excoriates Own Party, Pelosi For Not Passing Bill Banning Stock Trading Harold Hutchison on September 30, 2022 Democratic …
‘Defeats The Whole Purpose’: Nancy Pelosi’s Stock Trading Ban Bill Contains A Major ‘Loophole,’ Experts Warn
‘Defeats The Whole Purpose’: Nancy Pelosi’s Stock Trading Ban Bill Contains A Major ‘Loophole,’ Experts Warn Gabe Kaminsky on September 30, 2022 House Speaker …
Exclusive-Maroil takes over most of Venezuela’s petroleum coke trading
By Marianna Parraga and Sudarshan Varadhan HOUSTON/CHENNAI, India (Reuters) – Maroil Trading, owned by shipping tycoon Wilmer Ruperti, has taken over sales of almost all …
Moscow exchange to stop trading in British pounds on Oct 3
MOSCOW (Reuters) – Russia’s Moscow Exchange said on Tuesday that it would stop trading in British pounds in its foreign currency market on Oct. 3. …