(Opalesque) NFA, the self-regulatory organisation for the U.S. derivatives industry, has barred Gautam Prakash from reapplying for membership or principal status with any NFA member for seven years. Prakash was a principal of former CTA and CPO Monsoon Capital LLC, […]

(CNBC) Futures tied to major U.S. equity averages were little changed in overnight trading on Monday after days of gains on Wall Street pushed the S&P 500 within striking distance of a record high. Dow Jones Industrial Average futures dipped […]

(CNBC) Robinhood joined the rest of brokerage industry by publishing monthly trading data on Manday. The start-up trounced them all — at least by one metric. Robinhood saw 4.3 million daily average revenue trades, or DARTS, in June. This is the first […]

(CNBC) The Trump administration is open to resuming coronavirus aid talks with Democratic leaders and would offer more aid money to try to reach a compromise, Treasury Secretary Steven Mnuchin said Monday.  To read this article:

(CNBC) The CEOs of banks, tech companies and consulting firms are forming a group to boost hiring from underrepresented groups in New York. Leaders from 27 firms that represent many of New York’s dominant industries banded together to create the […]

(Opalesque) Hedge funds surged in July to begin 2H20, with the HFRI Fund Weighted Composite Index (FWC) posting the 2nd highest monthly gain since January 2019 and the 3rd strongest gain since 2010. The HFRI FWC climbed +3.2 percent for […]

(Marketwatch) Warren Buffett’s company reported an 87% jump in its second-quarter profit as the paper value of its investment portfolio increased with the stock market, but it took a roughly $10 billion write down on the value of its aircraft […]

(Marketwatch) President Donald Trump happened upon Fox News on Sunday evening and came across his former White House communications director trashing him on Steve Hilton’s show. The president has actually failed on his mission,” Scaramucci said. “No.1: The economy is […]

U.S. stock futures were mixed early Monday morning after President Donald Trump signed several executive orders aimed at extending coronavirus relief. Dow Jones Industrial Average futures were up 76 points at of 12:09 a.m. ET on Monday, indicating a gain […]

(Hedgeweek) Rhenman & Partners Asset Management, a Stockholm-based hedge fund firm which invests in global healthcare stocks, is optimistic about a post-US election market bounce, and points to “intense activity” among vaccine developers working on a treatment for Covid-19. To […]

(Hedgeweek) Trend following hedge fund managers gained ground in July following a patchy first half of 2020, notching up their best monthly performance so far this year by capitalising on soaring gold prices and emerging trends against the US dollar. […]

(Marketwatch) That’s Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, sharing his thoughts in a recent New York Times op-ed co-authored with Michael Osterholm, director of the Center for Infectious Disease Research and Policy at the University of […]