Investment Strategy Arbitrage

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  • NEW YORK, March 18- Paloma Partners, a $4- billion hedge fund that has spent much of the last three decades politely turning away would-be investors, is opening its doors, if only a crack to newcomers, three people familiar with the fund's plans said. Sussman, 69, is often called the hedge fund industry's grandfather who helped launch one of the world's biggest firms;...

  • NEW YORK, March 9- BlackRock Inc's chief investment officer of global fixed income, Rick Rieder, said on Wednesday his team cut a February position they held shorting, or betting against, the U.S. dollar while betting on Japanese yen appreciation. The BlackRock Strategic Income Opportunities Fund, a mutual fund managed by Rieder that enjoys wide latitude in...

  • LONDON, Feb 23- Note to global copper producers. If you have any surplus metal and you're not already doing so, please send it to China. But there is also no doubt that China is embarked on a massive stock-building exercise.

  • Heavy interventions by the central bank in recent months to steady the currency and deter speculators have raised questions about China's foreign exchange policy and threatened to slow Beijing's steady push to internationalise the "redback". One key factor is the attractiveness of arbitrage activities that allow firms to benefit from differences in...

  • NEW YORK, Feb 8- Wall Street villains are having their big moment on both television and the big screen. This is being reflected in the battle to be the next U.S. president, particularly as Hillary Clinton defends herself from accusations she will be soft on Wall Street because of the money she has received from bankers and hedge fund managers.

  • NEW YORK, Jan 13- A group of New York investors sued China Post Group Corporation for $500 million on Wednesday, claiming the government postal service failed to live up to its end of a deal to launch a chain of mini-markets in rural China. In a summons filed in Manhattan Supreme Court, New York- based China Horizon Investments Group, hedge fund firm Platinum Partners...

  • MELBOURNE, Jan 8- Trade volumes on the London Metal Exchange fell 4.3 percent in 2015, data from the bourse showed on Friday, dented by slowing growth in Chinese demand for commodities. Trader Trafigura started to wind down its Galena Metals Fund in November. The Shanghai Futures Exchange launched a nickel contract last year, which boosted opportunities for...

  • Reuters reported on Wednesday that China's central bank had suspended at least three foreign banks from conducting some of their foreign exchange business until the end of March. "China is essentially trying to close that gap and it's much more difficult to do that if you have these outsiders coming in and taking advantage of the arbitrage," said Jimmy Weng, Hong...

  • SHANGHAI, Dec 30- China's central bank has suspended at least three foreign banks from conducting some foreign exchange business until the end of March, three sources who had seen the suspension notices told Reuters on Wednesday. The sources, speaking on condition that the banks were not named, said the notices sent to the affected foreign banks by the People's...

  • Dec 8- Worries about bond market liquidity illustrate little more than the fact that if you remove a subsidy, the price goes up. In this case the subsidy was from the public purse to banks, and through them to market liquidity as banks tried to make as much as they could from artificially cheap funding and easy money. "To be sure, to some extent this may reflect the fact...

  • NEW YORK, Dec 7- For Noble Group, a decades-old commodities firm whose founder started out in scrap metal yards, 2015 has been an unusually scrappy year. The Hong Kong- based group, Asia's largest merchant trader of raw goods, has seen its earnings and stock price hurt by plunging metals values and a report that questioned its bookkeeping. "It has been a very good year,...

  • LONDON, Nov 30- The London Metal Exchange has just launched two steel contracts, one for steel scrap and one for steel rebar. It's the second time the LME has tried to expand its dominant franchise in nonferrous metals markets into the ferrous space. The Shanghai Futures Exchange's steel rebar contract is by a considerable margin the most traded ferrous contract...

  • LONDON, Nov 27- The euro's slide against the dollar this year has been a competitive boon for corporate Europe, but it has also opened up an alternative financing window for corporate America. This will be a record year for U.S. companies raising funds in euros, a financing option that should be widely used again next year if the euro weakens further against the...

  • TOKYO, Nov 24- Japan's main exchange-traded fund, the world's largest, has become so popular with an investment mandate to double returns that it is distorting the Tokyo futures market and exposing stocks to unexpectedly large price swings. The ETF is by far the most actively traded instrument on the stock exchange, with its daily turnover routinely surpassing...

  • LONDON, Nov 24- In a world overflowing with oil, traders are looking to once-secondary markets such as gasoline and diesel for profits, as limited supplies and rapidly changing demand offer the volatility they thrive on. The rise of huge refining hubs in Asia, the Middle East and on the U.S. Gulf Coast has also led to the birth of long supply routes for products that...

  • Why flash crash hit ETFs hard...

    The system needs to be fixed, says Joe Saluzzi, Themis Trading co-founder, discussing the role of high frequency trading on rapid moves in the market, and how some ETFs were burned by not making the correct price.

  • Consignment commerce: Allowing consumers to profit

    James Reinhart, ThredUP CEO & co-founder, discusses the online consignment space for second hand clothing, and the invaluable leadership and wisdom Netflix CEO Reed Hastings has provided. CNBC's Jon Fortt weighs in.

  • Hedge Funds Chase Greek Debt

    Hans Humes, Greylock Capital CEO, explains how to make money in Greece's bond buyback program.

  • Are Wacky ETFs Causing the Volatility?

    Scott Burns, Morningstar weighs in on whether levered ETFs are amplifying market volatility.

  • Are Wacky ETFs Causing the Volatility?

    Scott Burns of Morningstar weighs in on whether leveraged ETFs are amplifying market volatility.