Search results for

For market anoraks like me, the story of Saxo is fascinating. Its growth has been spectacular – according to founder and joint chief executive Kim Fournais, its turnover has expanded by 50% every year since its launch back in 1992.

I’ve always had a bit of a soft spot for Tulletts, which was the first money broker I ever heard of. I had the ‘pleasure’ of going to school with Neil Tullett, son of Derek. Without knowing too much about the company, which back then was called Tullett & Riley, we used to describe Neil as the most likely PM at our seat of learning.

The US economy is slowing because of the sub-prime failures, but, as central banks fail to solve the bank liquidity crisis, the credit squeeze will amplify the effect. Recession?

There used to be a time when FX was looked down on as an industry. As I’ve written before, I don’t think there is any other self-regulated financial market that is as clean as FX.

null

Royal Bank of Scotland has launched two platforms to cater for the increasingly active retail trading sector. The products, NatWest Index and RBS Spread Trading, have both been white-labelled from CMC Markets.

The disappearance of both CP investors and ABS buyers in August had grave consequences for those vehicles that rely on both

Following Saxo’s march into the brave new online world, I hear that Oanda has also opened a virtual branch on Second Life. Clearly I’m too old for this sort of thing – I’ll get my son to sign up and report back in a few months, possibly – but apparently the Second Life community has over 8 million residents (or LOSERS as my son might say) from around the globe. It has its own currency, called Linden Dollars.

The Parker FX Index fell 0.58% in July. Of the 81 programs in the index, 26 posted a positive result and 45 suffered losses. On a risk-adjusted basis, the index was down 0.39%. The top three performing funds for the month of July, on a reported basis, were Overlay Asset Management High Frequency Program of Paris, which rose 8.52%; the Ketch Capital Management Tack Fund of Chicago, which gained 4.59%; and the Currency Insight Diversified Systematic FX Fund of London, which added 4.26%). The top three performers on a risk-adjusted basis were the Integra Investments FX2 Master Fund (+3.02%); the Ketch Capital Management Tack Fund (+2.80%); and the Overlay Asset Management High Frequency Program (+2.80%).

The problems in the SIV sector are not only the result of funding and mark-to-market distress, but also because of sloppy structuring in the first place.

Population-growth and climate trends point to the growing importance of agricultural commodity markets

Funds of hedge funds with underlying managers that have gone sour are understating the losses they have incurred