Investment Strategy Arbitrage

  • *Bankers put 10- cent fall in sterling down to algorithmic trading. *Traders have warned for month of gaps in global FX market. LONDON, Oct 7- Sterling's short-lived 10- percent fall on Friday could not have happened without the lightning-fast computer-driven trading that now dominates the $5- trillion a day foreign exchange market.

  • NEW YORK, Sept 26- Perry Capital, the hedge fund firm founded by Richard Perry and Paul Leff in 1988, plans to wind down its main hedge funds, according to a letter sent to investors on Monday and seen by Reuters. "Although I continue to believe very strongly in our investments, process and team, the industry and market headwinds against us have been strong, and the...

  • NEW YORK, Sept 26- Perry Capital, the hedge fund firm founded by Richard Perry and Paul Leff in 1988, plans to wind down its main hedge funds, according to a letter sent to investors on Monday and seen by Reuters. "Although I continue to believe very strongly in our investments, process and team, the industry and market headwinds against us have been strong, and the...

  • *Arbitrage to Asia emerges with Brent-WTI spread over $3/ bl. *Argus launches new indexes for U.S. crude delivered to Asia. SINGAPORE, Sept 23- Asia's oil refiners can choose from a sprawling buffet of over 300 crudes from every continent except Antarctica as a combination of cheap freight and rising supplies leaves buyers overwhelmed by the variety of oil grades...

  • *Spot gold may edge up to $1,319 per ounce- technicals. Sept 19- Gold rose on Monday, after touching a two-week low in the prior session, as the dollar softened, but caution ahead of the U.S. "Gold has seesawed for the last week purely because of the fact that market watchers are waiting for the Fed meeting later this week," said OCBC Bank analyst Barnabas Gan.

  • WASHINGTON, Sept 15- Concerns about coordinating U.S. derivatives regulation with that of other countries dominated a Senate committee's hearing on Thursday to consider two nominees for seats on the Commodity Futures Trading Commission. Members of both parties asked the nominees, Chris Brummer, a Georgetown University law professor, and Brian Quintenz, an...

  • *U.S. and Japan banks hit by new trading rules. SINGAPORE/ HONG KONG/ CHICAGO, Sept 1- U.S. financial regulators gave over-the-counter swap dealers an extra month to comply with new derivatives trading rules set to take effect on Thursday, after Asia's market ground to a near halt due to uncertainty about changes that could increase global funding costs by more than...

  • *U.S. and Japan banks hit by new trading rules. SINGAPORE/ HONG KONG/ LONDON, Sept 1- Trading in Asia's over-the-counter swaps market has ground to a near halt as dealers seek clarity over new derivatives trading rules that could ramp up global funding costs by more than $500 billion. "There is a lot of confusion," said one interest rates trader in Singapore.

  • *U.S. and Japan banks hit by new trading rules. SINGAPORE/ HONG KONG, Sept 1- Trading in Asia's over-the-counter swaps market has ground to a near halt as dealers sought clarity over confusing new derivatives trading rules that could ramp up global funding costs by more than $500 billion. "There is a lot of confusion," said one interest rates trader in Singapore.

  • LONDON, Aug 24- Global aluminum production fell by 1.2 percent to 33.12 million tonnes in the first seven months of this year, according to the International Aluminium Institute. Equally noteworthy are the divergent trends between dominant producer China and the rest of the world. China, meanwhile, has long been the driver of production growth to the point that...

  • LONDON, Aug 24- Global aluminum production fell by 1.2 percent to 33.12 million tonnes in the first seven months of this year, according to the International Aluminium Institute. Equally noteworthy are the divergent trends between dominant producer China and the rest of the world. China, meanwhile, has long been the driver of production growth to the point that...

  • "Oil prices climbed higher because of the U.S. crude stocks downtrend and positive market sentiment, led by OPEC talks. Nigerian oil minister Emmanuel Ibe Kachikwu said on Thursday that while a cut in OPEC production is unlikely, there is hope a meeting of producers in Algeria next month could help shore up crude prices. "Some believe- or more appropriately, hope-...

  • "Oil prices climbed higher because of the U.S. crude stocks downtrend and positive market sentiment, led by OPEC talks. Nigerian oil minister Emmanuel Ibe Kachikwu said on Thursday that while a cut in OPEC production is unlikely, there is hope a meeting of producers in Algeria next month could help shore up crude prices. "Some believe- or more appropriately, hope-...

  • SINGAPORE, Aug 19- Brent crude oil prices dipped in early Asian trading hours on Friday, but remained near two-month highs with Brent still holding above $50 per barrel in a bull-run that has lifted the market by over 20 percent since early August. The lower prices during early Asian hours- which is late the previous day in the Americas due to the time zone...

  • *WTI crude supported by U.S./ Europe arbitrage window. SINGAPORE, Aug 18- Oil prices rose on Thursday, with Brent topping $50 a barrel for the first time in six weeks, as traders continued to talk up the potential for an output cut agreement at a meeting of OPEC and non- OPEC producers next month. "We remain skeptical that renewed talks of a production freeze by OPEC and...

  • *WTI crude supported by U.S./ Europe arbitrage window. International Brent crude oil futures were trading at $49.67 per barrel at 0050 GMT, down 18 cents from their last close. Yet prices remain 20 percent higher than in early August and hit almost $50 a barrel the previous day, supported by a potential freeze or even cut in output following a meeting between the...

  • NEW YORK/ SAO PAULO, Aug 4- U.S. ethanol plants and traders are rushing to sell biofuel to Brazil as tightening supplies and logistics in the South American market give the world's top producer a rare opportunity to ship south during the peak sugar cane harvest, sources said. But they are finding unexpected demand in rival Brazil, where production is falling short...

  • 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.