-
Fintech Focus For August 28, 2020
Thursday, August 27, 2020 - 5:47pm | 2399Read More...Quote Of The Day: Never let the fear of striking out keep you from playing the game. - Babe Ruth Fintech Movers: The US SEC approved the proposed Discretionary Limit, or D-Limit, order type from exchange operator IEX Group as three new exchanges are also slated to launch within the next month. -...
-
Fintech Focus For August 25, 2020
Monday, August 24, 2020 - 6:07pm | 2430Read More...Quote Of The Day: Dreaming, after all, is a form of planning. - Gloria Steinem Fintech Movers: A digital currency could also help the Fed implement monetary policy by setting interest rates on consumers' accounts holding the digital currency — analysts say this also could be a more...
-
Fintech Focus For July 20, 2020
Monday, July 20, 2020 - 9:27am | 1771Read More...Daily Perspective: Things work out best for those who make the best of how things work out. - John Wooden Fintech Movers: Schwab now manages a record $4.11 trillion in client assets from 14.1 million accounts, having added 1.62 million new clients during the quarter, but still managed to see weak...
-
ORTEX Data Shows Short Sellers Were Punished By Supermarket Resiliency
Friday, July 17, 2020 - 3:45pm | 345Read More...Alongside the COVID-19 coronavirus pandemic, global financial markets experienced a historic liquidation, offering increased opportunities for short-sellers. Despite the development, however, many hedge funds did not realize significant profits. What Happened? In light of the health care pandemic,...
-
Fintech Focus Roundup For June 27, 2020
Monday, June 29, 2020 - 9:55am | 904Read More...Get Rich Quick Scheme What Is Happening? Three of the largest brokers raked in more than $300 million in Q1 2020 by offloading orders to large trading firms. TD Ameritrade brought in the most, according to regulatory filings from the Q1, with E*Trade and Charles Schwab also posted notable figures...
-
'A Chance To Change The World': The Small Exchange Opens, Launches Small, Standard, And Simple Futures Products
Wednesday, May 20, 2020 - 6:22pm | 769Read More...On May 19, the Small Exchange announced the launch of a new futures exchange after receiving approval from the U.S. Commodity Futures Trading Commission (CFTC) and successfully completing Options Clearing Corporation (OCC) tests. The launch marks a new beginning for the industry, as more market...
-
13F Filings Reveal Fund Managers Buying Alibaba
Monday, November 17, 2014 - 11:19am | 240Read More...Q3 SEC 13F filings from large fund managers show significant interest in Alibaba Group Holding Ltd (NYSE: BABA). Below are fund manager's Alibaba ownership stakes from the 13F filings. Third Point 7.2 million shares acquired. Valued at $639.72 million as of end of Q3 and would be worth...
-
Wall Street Gears Up For 13F Filings
Thursday, May 15, 2014 - 1:47pm | 412Read More...Traders on Wall Street will be whale watching on Thursday, as 13F filings from the likes of high-profile players such as Warren Buffett, Bill Ackman and David Tepper will be hitting the newswires. A 13F is an SEC-required document that all institutional investment managers with over $100...
-
Citadel Sells 27.4M Shares of E*TRADE, Time to Get Bearish or Time to Buy?
Thursday, March 14, 2013 - 11:33am | 408Read More...E*TRADE Financial (NASDAQ: ETFC) has taken a hit after the company announced a 27.4 million share secondary offering after the close Wednesday, but will it remain down today? The offering, which was offered by its affiliate Citadel, reportedly sold out in roughly eight minutes despite the pricing...
-
Bank of America on E*Trade: Citadel to Sell Remaining Stake
Thursday, March 14, 2013 - 9:28am | 96Read More...Bank of America analyst Michael Carrier published a report on E*Trade (NASDAQ: ETFC) that maintained an Underperform rating and $10.00 price objective after Citadel announced they would sell its remaining stake. In the report, Bank of America said, "E*Trade announced that Citadel Equity Fund...
-
Goldman Sachs, JP Morgan, Other Big Banks Deciding Fate of Greek CDS's
Thursday, March 1, 2012 - 12:19pm | 523Read More...The International Swaps and Derivatives Association (ISDA) ruled today that the latest debt swap arrangement, which imposes a 53.3% haircut on the Greek bonds, is not a "credit event" that will trigger the credit default swap contracts. Essentially, this means that the investors, who had bought...
-
Apple: Hedge Fund Ownership Makes It the King Kong of Crowded Trades
Friday, February 24, 2012 - 5:59pm | 1041Read More...When examining the investment merits of Apple (NASDAQ: AAPL), it is not hard to see why the company has become THE darling of Wall Street. Everyone is making money in this name. Furthermore, it looks like this story is far from over. Everything continues to line up for the stock and it looks like...
-
No Longer Seeing Green: E*Trade Financial in a Transitional Phase
Tuesday, February 14, 2012 - 11:58am | 461Read More...E*Trade Financial, (NASDAQ: ETFC) a website that promises to take your investments to the next level, has come under quite a bit of pressure within the last few months to step up its game. The online broker fell 20 percent in January from a year earlier, which was actually, believe it or not, seen...
-
Citadel Initiates Coverage of Nelnet with Add and PT of $24
Thursday, July 28, 2011 - 6:54am | 37Read More...Citadel initiated its Coverage of Nelnet (NYSE: NNI) with an Add rating and a price target of $24. On Wednesday, NNI lost 1.18% of its value to finish the day at $20.06.




