Securities Derivatives

  • LONDON, Sept 19- Go with your gut. "We find on the contrary that the physiological state of traders does have large effects on their success and survival," said John Coates co-author of the report and former Research Fellow in Neuroscience and Finance at the University of Cambridge and former Goldman Sachs and Deutsche Bank derivatives. A study of 18 male City of...

  • Sept 16- U.S. stock index futures were lower on Friday, a day after Wall Street rallied about 1 percent and as oil prices dropped due to concerns of oversupply. *News overnight that the Department of Justice proposed Deutsche Bank pay $14 billion to settle claims it missold mortgage-backed securities is likely to weigh on Wall Street banks as they are doing on...

  • BRASILIA, Sept 16- The prospect of turbulence in emerging markets due to U.S. rate rises could deter Brazil from quickly reducing its stock of currency swaps and should encourage the government to press ahead swiftly with economic reform, the central bank's governor said in an interview. President Michel Temer has vowed to push for a reduction in Brazil's...

  • Sept 16- U.S. stock index futures were lower on Friday, a day after Wall Street rallied about 1 percent and as oil prices dropped due to concerns of oversupply. *News overnight that the Department of Justice had fined Deutsche Bank a far bigger-than-expected $14 billion to settle claims it missold mortgage-backed securities is likely to weigh on Wall Street...

  • Sept 16- U.S. stock index futures were lower on Friday, a day after Wall Street rallied about 1 percent and as oil prices dropped due to concerns of oversupply. *News overnight that the Department of Justice had fined Deutsche Bank a far bigger-than-expected $14 billion to settle claims it missold mortgage-backed securities is likely to weigh on Wall Street...

  • *Deutsche to fight shock $14 billion DoJ demand. FRANKFURT, Sept 16- Deutsche Bank said it would fight a $14 billion demand from the U.S. Department of Justice to settle claims it missold mortgage-backed securities, a shock bill that raises questions about the future of Germany's largest lender. Deutsche Bank shares, which have lost around half their value this...

  • FRANKFURT, Sept 16- The U.S. Department of Justice is asking Deutsche Bank to pay $14 billion to settle an investigation into its selling of mortgage-backed securities, Germany's flagship lender said on Friday. While it is yet to become clear what the final payment will be, if it were to be as high as $14 billion, this would be a severe strain for Deutsche's fragile...

  • 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...

  • *August retail sales drop more-than-expected. Sept 15- U.S. stock index futures trimmed gains, but kept Wall Street on track to open higher on Thursday, as investors assessed a mixed bag of economic data. It's just right to keep the Fed on the sidelines and keep interest rates right where they are, "said Paul Nolte, portfolio manager at Kingsview Asset Management in...

  • Sept 15- U.S. stock index futures were higher on Thursday ahead of a raft of economic data, including a report on retail sales, that will indicate if the economy is healthy enough to absorb an interest rate hike. The report from the U.S. Commerce Department is due at 8:30 a.m. ET. *Wall Street closed lower on Wednesday as a drop in energy stocks outdid a stellar rise in...

  • WASHINGTON, Sept 15- A Senate panel on Thursday will consider two nominees for seats on the Commodity Futures Trading Commission, the top U.S. regulator for derivatives and commodity markets, which have been vacant for more than a year. Six months ago, President Barack Obama nominated Chris Brummer, a law professor at Georgetown University, and Brian Quintenz, an...

  • MEXICO CITY/ CARACAS, Sept 13- Venezuela's state oil company PDVSA on Tuesday proposed a bond swap for $7 billion in outstanding debt to lower the financial burden on the cash-strapped company, which is at the center of the OPEC nation's unraveling socialist economy. But investors may remain skeptical that the proposal does not address underlying problems...

  • MEXICO CITY/ CARACAS, Sept 13- Venezuelan state oil company PDVSA is preparing a bond swap proposal to be announced shortly, sources told Reuters on Tuesday, potentially providing financial relief to a cash-strapped firm at the center of a struggling socialist economy. That could help President Nicolas Maduro's government ease chronic shortages across the...

  • LONDON, Sept 12- Hedge funds tempered their bullishness towards the entire petroleum complex during the first week of September, according to positioning data from regulators and exchanges. Hedge funds and other money managers cut their combined net long position in the three major Brent and WTI futures and options contracts by 80 million barrels in the week...

  • Sept 12- Equity derivatives clearing organization Options Clearing Corp said on Monday it had extended Chief Executive and Executive Chairman Craig Donohue's term by three years. He was CEO of CME Group Inc from January 2004 until May 2012. Donohue also announced several changes to OCC's leadership structure on Monday, including Scot Warren being promoted...

  • LONDON, Sept 12- Hedge funds tempered their bullishness towards the entire petroleum complex during the first week of September, according to positioning data from regulators and exchanges. Hedge funds and other money managers cut their combined net long position in the three major Brent and WTI futures and options contracts by 80 million barrels in the week...

  • Sept 12- U.S. stock index futures were lower for the third straight day on Monday as oil prices fell and on increasing speculation about a possible U.S. interest rate hike as early as next week. *Fed Governor and permanent voting member Lael Brainard's speech at 1:15 p.m. ET will be scrutinized to see if she maintains her dovish stance on rates or takes a more...

  • An engineer opens valves on the Petroleos Mexicanos (PEMEX) Bicentennial deep sea crude oil platform in the waters off Tamaulipas, Mexico.

    As oil-exporting countries continue to navigate stubbornly weak crude prices, Mexico is trying to get ahead of the game by hedging its oil bets.

  • Stifel, the SEC and Noack's lawyer did not immediately respond to requests for comment. The SEC sued Stifel and Noack in 2011, saying they misled five Wisconsin school districts about the risks of investing in synthetic collateralized debt obligations, which are tied to mortgage-backed securities or credit default swaps and were at the heart of the...

  • NEW YORK, Sept 9- U.S. stock index futures were modestly lower on Friday amid investor caution following a nuclear test by North Korea and ahead of comments by two U.S. *North Korea conducted its fifth and biggest nuclear test on Friday and said it had mastered the ability to mount a warhead on a ballistic missile, drawing condemnation from the United States as well...