More News
- In PFG Scandal, JPMorgan Chase Had Surprising Role: It Held Customer Accounts
- By Mark Gongloff | @07-30-12
-
The investigation into the collapse of Iowa brokerage firm Peregrine Financial Group is notable for one name that has not yet turned up: JPMorgan Chase.
JPMorgan, the country's biggest bank, held customer accounts for Peregrine, doing business as PFGBest. But in alleging that Peregrine took customer money, the National ...
- The great grain gamble
- By Stephan Benzkofer | @07-30-12
-
After a young novice tried to corner the wheat market, a legendary financier responded with a mind-boggling move
The recent scandals at MF Global and Peregrine Financial have resonated deeply in Chicago, where the futures industry matured into a global financial juggernaut.
The early years of the Chicago Board of ...
- Lower taxes boost CME's results
- From Internet | @07-27-12
- (Reuters) — CME Group Inc., the biggest U.S. futures exchange operator, reported a better-than-expected second-quarter profit on Thursday, as a lower tax bill offset a decline in revenue due to a slump in trading.
Net income per share at the Chicago-based company rose to 89 cents, up a penny from a ...
- Deep Liquidity
- From Internet | @07-24-12
- I believe that liquidity, deep liquidity is the mother's milk of futures markets. Liquidity is what built our Exchange and our franchise. Liquidity is our past, present and future. What does liquidity mean to our markets? What is the future of liquidity? Does liquidity mean the same to everyone involved ...
- Could GPS Spoofing Cause Another Flash Crash?
- From Internet | @07-24-12
- GPS..Global Positioning System. The term has become part of our everyday lives. There are GPS devices everywhere – in your car, in airplanes, at the stock exchanges and even in your iPhone. But did you ever wonder how secure these GPS devices are? Can they be ...
- CME Reduced to Begging After Peregrine Fiasco
- By Tom Luongo | @07-24-12
-
Hat tip to Zerohedge for this story, but it’s not like we couldn’t see
this coming from a mile away since the hatchet job that was done on
Silver last May 1st and has spread like a virulent cancer through the
commodity futures markets in the U.S. since then. ...
<-Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 Next->
