United States/Americas

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Biggest Traders Helping E.U. Oil Probe, Not In It
By Reuters
05/20/2013 2:59:35 PM ET
LONDON (Reuters)—European investigators have asked top trading houses Glencore, Vitol and Gunvor to help with a probe into oil price manipulation, while not suggesting they are under investigation, industry sources said on Monday [May 20].
Last week, European Commission authorities raided the London bureau of pricing agency Platts and the offices of oil majors Statoil, Royal Dutch Shell and BP in the biggest cross-border action since the probe into rigging of LIBOR benchmark interest rates.

SMIFA Picks Ex-GOP Senator Gregg as CEO
By Reuters
05/20/2013 12:39:41 PM ET
NEW YORK (Reuters)—The Securities Industry and Financial Markets Association named former Republican Senator Judd Gregg as its chief executive officer, the lobbying group said Monday [May 20].
The appointment of the veteran politician, who also was governor of New Hampshire and a member of the U.

Chesapeake Energy Hires Anadarko Executive as CEO
By Reuters
05/20/2013 12:35:39 PM ET
OKLAHOMA CITY, Okla. (Reuters)—Chesapeake Energy Corp. on Monday [May 20] named a top executive at rival Anadarko Petroleum Corp. to head the No. 2 U.


Goldman's Special Situations Group Names New Global Head
By Reuters
05/01/2013 3:26:04 PM ET
NEW YORK (Reuters)—Goldman Sachs Group Inc. has named Julian Salisbury to become head of its Global Special Situations Group, as current head Jason Brown retires, according to memos sent on Wednesday [May 1] that were obtained by Reuters.

Noble Hires Evans to Bolster Base Metals Operations
By Reuters
04/29/2013 3:07:01 PM ET
NEW YORK (Reuters)—Goldman Sachs' former senior physical metals trader Scott Evans will join Noble Group as the Hong Kong-based commodity trading house expands its base metals operations.
Mr.


Buy Side Steps Up, and Streamlines: TABB Group Study
By Rich Blake, HedgeWorld
05/04/2010 10:02:17 AM ET
NEW YORK (HedgeWorld.com)—As money managers engage in increasingly sophisticated trading methods while encountering more compliance pressures, the push to invest in technologically advanced Order Management Systems (OMS), and separate Execution Management Systems (EMS), has never been greater, according to a soon to be released TABB Group study which surveyed 118 buy-side trading desks.

Technology Briefs
By HedgeWorld Staff
08/20/2008 3:59:29 PM ET
Penserra, BIDS Trading in Agreement
NEW YORK (HedgeWorld.com)—Agency broker Penserra Securities and BIDS Trading on Wednesday [Aug. 20] announced an agreement whereby Penserra's institutional investor client base will get direct access to the BIDS Trading crossing system.


Hedge Funds Selling Gold Again After Propping Market Last Month
By Reuters
05/20/2013 12:54:24 PM ET
NEW YORK (Reuters)—Hedge funds and other big speculators in commodities have started selling gold in a big way, trade data showed on Friday [May 17], just a month after they had supported the precious metal amid a record tumble in its price.
Money managers, including hedge funds, pulled $1.

Frontier Markets Booming, But Risks Mounting
By Reuters
05/20/2013 11:43:24 AM ET
NEW YORK (Reuters)—With the world's biggest central banks driving yields on safe assets to near zero, some investors are tossing caution to the wind and rushing to buy illiquid and previously overlooked bonds sold by countries with no capital markets track record.
Even the biggest investors acknowledge that "frontier markets" like Vietnam and Romania aren't for the faint of heart because nobody knows whether these new debt market players will be able to make good on their obligations.


High-Speed Trading a Stiff Challenge For U.S. Regulators
By Reuters
05/20/2013 10:52:56 AM ET
CHICAGO (Reuters)—Financial trading in world markets has grown so lightning-fast that effective regulation is growing tougher by the second, increasing the threat of crashes sparked by hoaxes, electronic glitches or yet-unknown causes.
The latest alarm was triggered by a fake tweet saying that the White House was bombed, prompting a U.

Big Banks Gain as U.S. Adopts Weakened Swap Rules
By Reuters
05/17/2013 10:52:41 AM ET
WASHINGTON (Reuters)—Big banks won key concessions in the battle over who dominates the $630 trillion derivatives markets as the top U.S. regulator adopted watered-down rules to bring swaps onto exchange-like trading platforms.


Lipper Hedge Fund Performance - April 2013 - Emerging Markets (Pure) (U.S. Funds)
By HedgeWorld
05/20/2013 3:13:17 PM ET
CHICAGO (HedgeWorld.com)—The chart below contains hedge fund performance data from the Lipper Hedge Fund Database for all U.S. funds open to investment.

Lipper Hedge Fund Performance - April 2013 - Emerging Markets (Pure)
By HedgeWorld
05/20/2013 3:12:14 PM ET
CHICAGO (HedgeWorld.com)—The chart below contains hedge fund performance data from the Lipper Hedge Fund Database for all funds open to investment. Performance listed is absolute performance.


Opinion: How to Manipulate Oil Price Assessments
By Robert Campbell, Reuters
05/15/2013 2:12:43 PM ET
Robert Campbell is Reuters' energy markets columnist. The views expressed are his own.
The vulnerability of physical crude price assessments to manipulation is an open secret within the oil industry.

Opinion: BRICs Hit the Wall; Restructure, or Recycle?
By James Saft, Reuters
04/25/2013 4:07:08 PM ET
James Saft is a Reuters columnist. The views expressed are his own.
It may be time for emerging market investors to acknowledge the truth: the problem is not just cyclical, it is structural.


Fund to Redeem AIG Commodities Notes by Wednesday
By Reuters
09/16/2008 5:29:52 PM ET
NEW YORK (Reuters)—A small Canadian fund holding index-linked commodity notes issued by a unit of troubled insurer American International Group said Tuesday [Sept. 16] it expected to redeem by Wednesday [Sept.

Big Oil Price Swings Caused by Speculators: Report
By Reuters
09/10/2008 2:59:31 PM ET
WASHINGTON (Reuters)—Institutional investors caused the rapid rise and subsequent steep fall in oil prices in 2008, according to an independent report released by U.S.


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