Hedge Fund Snaps Seven Annual Gains in ‘Ugly Year’: Commodities
Author: admin8 Feb
Hedge Fund Snaps Seven Annual Gains in ‘Ugly Year’: Commodities
Feb. 9 (Bloomberg) — Michael Coleman is suspending a three-decade trading career to focus on risk after a year in which the Merchant Commodity Fund he co-founded lost 30 percent and its assets contracted twice as much. Assets fell to about $550
Source: www.businessweek.com
Hedge Fund Loss at Merchant Snaps Seven Gains in ‘Ugly Year’: Commodities
Michael Coleman is suspending a three-decade trading career to focus on risk after a year in which the Merchant Commodity Fund he co-founded lost 30 percent and its assets contracted twice as much. Assets fell to about $550 million last month
Source: www.bloomberg.com
Arizonian must pay $1.7M for Ponzi Scheme
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court order requiring Anthony Eugene Linton of Tucson, Ariz., doing business as The Private Trading Pool (PTP), to pay a total of $1,776,610 in
Source: futuresmag.com
Dodd Frank Complexities Heighten Energy Trading Impact Fears
The Commodity Futures Trading Commission (CFTC) is developing dozens of rules, as ordered by the Dodd-Frank financial reform bill, to try to prevent the kinds of trading abuses that led to collapse in derivatives markets in 2008. While the
Source: energy.aol.com
Glencore commodity trading earnings slump in 2011
LONDON, Feb 7 (Reuters) - Glencore lost money on agricultural commodities in 2011 by trading volatile cotton markets and saw the profitability of trading metals and oil remaining weak or declining, the commodities giant said on Tuesday. Glencore, which
Source: www.guardian.co.uk
Should India levy transaction charge on commodity futures trading?
Does the government of India think that the booming commodity futures trading market is a rich cash cow when equity volumes are falling? It looks just days before the annual Indian budget, India’s Finance Minister Pranab Mukherjee wants to
Source: www.commodityonline.com
Today In Commodities: Quiet Trade
Non event in the markets today but it does feel like markets are taking a breath for a big move…I am just torn on what direction. As trades develop I will try to keep you informed. Crude will close above $97 on the March contract today which
Source: seekingalpha.com
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