Explainer: How a massive options trade by a JP Morgan fund can move markets

NEW YORK, June 28 (Reuters) – A nearly $ 17 billion JP Morgan fund is expected to reset its options positions on Thursday, potentially adding to equity volatility at the end of a dismal first half for stocks. Analysts say the JPMorgan Hedged Equity Fund’s reset roiled markets in the closing hours of the last … Read more

Cryptoverse: Ether holds its breath for the lean, mean ‘merge’

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS / Dado Ruvic / File Photo Register now for FREE unlimited access to Reuters.com Register June 28 (Reuters) – Investors in ether and its troubled twin stETH are nervously anticipating a … Read more

Warren Buffett charity lunch fetches record winning bid of $ 19 million

June 18 (Reuters) – A wealthy person has bid a record $ 19 million to eat lunch with Warren Buffett, in the 21st and final time that the billionaire businessman auctioned off a private lunch to benefit a San Francisco charity. The winning bid at the eBay auction, which ended on Friday, far surpassed the … Read more

Global markets quake as central banks grow more hawkish

A Specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, US, June 16, 2022. REUTERS / Brendan McDermid Register now for FREE unlimited access to Reuters.com Register NEW YORK, June 17 (Reuters) – Expectations for how drastically central banks need to tighten monetary policy … Read more

US rate markets price in aggressive 75-bps hike on Wednesday

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, June 13, 2022. REUTERS / Brendan McDermid / File Photo Register now for FREE unlimited access to Reuters.com Register LONDON / NEW YORK, June 14 (Reuters) – Investors have dramatically raised their bets that the US Federal Reserve … Read more

Cryptoverse: The funds making moolah from messy markets

A bitcoin representation is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS / Benoit Tessier / File Photo Register now for FREE unlimited access to Reuters.com Register June 14 (Reuters) – The crypto market’s a hot mess, leaving many investors struggling to turn a buck. … Read more

Credit Suisse shares spike on reported State Street takeover interest

The logo of Swiss bank Credit Suisse is seen at its headquarters at the Paradeplatz square in Zurich, Switzerland October 1, 2019. REUTERS / Arnd Wiegmann Register now for FREE unlimited access to Reuters.com Register MILAN, June 8 (Reuters) – Shares in Credit Suisse (CSGN.S) turned sharply higher on Wednesday afternoon, with traders citing an … Read more

Cryptoverse: The early birds betting bitcoin’s bottoming out

A bitcoin representation is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS / Benoit Tessier / File Photo Register now for FREE unlimited access to Reuters.com Register June 7 (Reuters) – As the crypto winter creeps into June, the first signs of a thaw are … Read more

Citadel, AQR’s flagship portfolios far outpacing broader stock market

A Wall Street sign outside the New York Stock Exchange in New York City, New York, US, October 2, 2020. REUTERS / Carlo Allegri Register now for FREE unlimited access to Reuters.com Register NEW YORK, June 6 (Reuters) – Hedge funds AQR and Citadel posted rises in their flagship portfolios last month that outpaced the … Read more

Some hedge funds face steep losses after betting on hot sectors

BOSTON, June 2 (Reuters) – Hedge fund investors are bracing for a river of red ink as firms begin reporting returns for May when the stock market hovered near bear territory on disappointing earnings and worries about aggressive rate hikes, investors and fund managers said on Thursday. Data from Hedge Fund Research shows the HFRX … Read more