Igor Fruman Expected to Plead Guilty in Campaign Finance Case – The New York Times
Igor Fruman, a former associate of Rudolph W. Giuliani who helped him search for damaging information about Donald J. Trump’s political rivals, is expected to plead guilty next month in an unrelated campaign finance case, according to people with knowledge of the matter. Mr. Fruman, 55, is expected to admit to one count of soliciting […]
Derivatives data shows Ethereum traders positioned to extend the ETH rally – Cointelegraph
Ether (ETH) price rallied 32% leading up to August 23, and despite testing the $3,000 support multiple times, the level has held firmly. Meanwhile, Bitcoin (BTC) could not sustain the $50,000 mark, at least in the short-term. According to Cointelegraph, pro traders are not yet inclined to add bullish positions according to derivatives metrics. Surprisingly, […]
What the [redacted] is a derivative? – Morning Brew
Here, we slash through the BS and put common personal finance expressions in plain terms. Sorry if the word “derivative” brings back unpleasant memories from calculus classes of yore. In finance, a derivative is a contract whose value is tied to, or derives from, an asset (like a stock) or grouping of assets (like an […]
NGX, NGCL Engage Trading License Holders on Derivatives Trading – Exchange News Direct
As Nigerian Exchange (NGX) Limited inches closer to the launch of Exchange Traded Derivatives (ETDs) in the Nigerian capital market, it continues to engage with the capital market ecosystem. In collaboration with NG Clearing (NGCL), NGX hosted an engagement session with Trading License Holders (TLHs) on Tuesday, 24 August 2021. Speaking at the session, the […]
FactSet Recruits Finance Veteran as CFO – The Wall Street Journal
FactSet Research Systems Inc. hired a finance veteran as its next chief financial officer, a move that comes as the information provider looks to expand its business. The Norwalk, Conn.-based company, whose offerings include analytics and data products, on Tuesday said Linda Huber would lead its finance function, starting in early October. Ms. Huber brings […]
Crédit Agricole grew OTC derivatives notionals 17% in 2020 – Risk.net
Crédit Agricole leapfrogged Societe Generale to become the third-largest dealer of over-the-counter derivatives during 2020, according to data from the European Banking Authority (EBA). Crédit Agricole had €16.2 trillion ($19 trillion) of OTC derivatives notionals outstanding at end-2020, up 17.2% year on year, systemic risk disclosures collated by the regulatory agency show. SocGen’s notionals grew […]
Behavioral finance expert: ‘FOMO investing’ will ‘really derail an investor’ – CNBC
There have been a number of whirlwind rallies this year, from dogecoin’s 12,000% climb in May to “meme stocks” like Gamestop and AMC seeing their prices increase more than tenfold in February. These rallies created a frenzy that saw investors rushing to get a piece of the profit. And despite the risk of buying high […]
CFTC reminds SEC “We regulate derivatives not digital assets” – Yahoo Finance
The Commodities Future Trading Commission (CFTC) has clarified its role on cryptocurrency regulation following a recent public spat with the Securities and Exchange Commission (SEC). CFTC Commissioner Dawn DeBerry Stump sought to provide clarification on the nature of the regulatory agency’s work and how this will relate to the regulation of digital assets in the […]
