Category Archives: Syndicated
Investment firms overlooking cybersecurity risks, survey finds
(Opalesque) The 2024 Cybersecurity Benchmarking Survey, a joint project of ACA Group and the National Society of Compliance Professionals (NSCP) found that nearly 40% of compliance professionals from asset management, investment adviser, and private markets firms have yet to evaluate […]
Stock futures rise as Wall Street readies for the start of the second quarter: Live updates
(CNBC) Stock futures rose slightly on Monday morning as Wall Street prepared for the start of the second quarter. Futures tied to the Dow Jones Industrial Average added 147 points, or 0.37%, while S&P 500 futures and Nasdaq-100 futures gained […]
Gold prices hit another record high on Fed cut expectations
CNBC) Gold prices extended their rally and scaled to another record high on Monday, propelled by U.S. interest rate cut expectations and the metal’s appeal as a safe haven asset. Spot gold added 1.32% to trade at $2,265.53 per ounce. […]
Fed must get ‘more aggressive’ with rate cuts due to weakening jobs market, Canaccord’s chief market strategist says
(CNBC) The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony Dwyer thinks a deteriorating jobs market and easing inflation will ultimately push the Fed to act. “I’m not saying […]
AT&T is investigating a leak that put millions of customers’ data on the dark web
(CNBC) AT&T announced over the weekend that it is investigating an incident two weeks ago that led to millions of customers’ data being published on the dark web, a portion of the Internet that can only be accessed using special software. The […]
Hedge fund launches down in Q4
(Hedgeweek) New hedge fund launches fell while liquidations were steady in Q4 to conclude 2023 as managers positioned for falling inflation and an improving economic outlook, albeit with geopolitical risk rising to historic levels, according to the latest HFR Market […]
BitMEX and Solidus Labs extend cross-market surveillance partnership
(Hedgeweek) BitMEX, one of the world’s largest crypto trading platforms, has expanded its partnership with Solidus Labs, a crypto-native market integrity solutions provider, to bolster surveillance of crypto derivatives trading. To read this article:
Options partners with Trader Evolution
(Hedgeweek) Options Technology, a specialist in capital markets infrastructure, has formed a new partnership with Trader Evolution, a multi-market trading platform specialising in multi-asset and multi-market brokerage and trading software. To read this article:
S&P 500 closes at a fresh record, posts strongest first-quarter performance since 2019: Live updates
(CNBC) The S&P 500 rose Thursday, registering its best first-quarter performance in five years. The broad market benchmark was up 0.11% to settle at 5,254.35. The Dow Jones Industrial Average added 47.29 points, or 0.12%, and finished at 39,807.37. Both […]
Sam Bankman-Fried’s girlfriend helped put the FTX founder behind bars for 25 years
(CNBC) In sentencing FTX founder Sam Bankman-Fried to a 25-year prison sentence on Thursday, Judge Lewis Kaplan cited testimony from Caroline Ellison, an ex-girlfriend of the defendant and early recruit into his crypto enterprise. “I keep coming back to Ms. […]
Reddit shares plunge almost 25% in two days, finish the week below first day close
(CNBC) Reddit shares are plummeting after experiencing a rally stemming from the social media company’s IPO last week. Shares closed at $49.32, ending the week below their closing price on Reddit’s first day of trading on the New York Stock […]
Investors pulled $1bn from ExodusPoint in 2023
(Hedgeweek) Clients of ExodusPoint Capital Management, the $12bn multi-strategy hedge fund firm founded by Michael Gelbrand, pulled about $1bn in funds from the New York-based firm during 2023, the second straight year of withdrawals, according to a report by Bloomberg. […]