The apparent rise of the mini flash crash
Another mysterious ‘mini flash crash’ in global equity markets.This time it occurred in the shares of Progress Energy.Trading in shares of the energy firm were...
A blob in commodity flows
Are commodities on the verge of a deflationary price collapse?Walter J. Zimmerman, the chief technical analyst at United-ICAP, provided an interesting perspective on the matter...
Former Nomura fund chairman fingers Nomura Asset Management to the SEC
It’s a bit of an odd one this. So here’s a straight story to start:——- Nomura Asset Management USA, the American offshoot of the Japanese bank’s asset management business,...
In the event of a Greek default…
Following its ratings action on Portugal, S&P downgraded Greece by a full three notches on Tuesday to BB+/B — junk status. From the agency’s release:· We have...
