S&P 500 Options Quirk Mints Billions, Stirring Manipulation Talk
The fate of stock options with a face value of trillions of dollars is being influenced by unusual trading activity in the S&P 500 outside regular market hours, new research has found.
The fate of stock options with a face value of trillions of dollars is being influenced by unusual trading activity in the S&P 500 outside regular market hours, new research has found.
US President Joe Biden and the European Union’s Ursula von der Leyen are set to meet on Oct. 20 likely in Washington, where they aim to announce measures on steel that would turn the page on a Trump-era trade dispute, according to people familiar with the issue.
Trafigura Group signed a $500 million credit facility with the Saudi Export-Import Bank, which it will use to buy non-crude oil commodities from the kingdom.
A record share of Chinese investors plan to cut their allocation in property over the next year, a new survey showed, underlining the difficulties Beijing is having breathing life back into the sector.
Glencore Plc and Seriti Resources Holdings Ltd. are in talks to cut hundreds of jobs in South Africa as their ability to export coal is stymied by inefficiencies at the state-run freight company.
Petrus Advisers Ltd. is shorting Deutsche Pfandbriefbank AG, reversing a long position in the real estate lender as its view on the banking sector sours.
Boaz Weinstein made his name trading in esoteric corners of the credit markets. But his most audacious bet yet may be trying to catapult his hedge fund firm into the ranks of the industry’s largest players.
As Turkey’s elite flying squad drew the crescent and star of the national flag across Ankara’s sky, Turks on the ground raced for a picture with Selcuk Bayraktar — the man they call a hero for turning the Middle Eastern country into a key global supplier of deadly combat drones.
Brooklyn’s former Domino Sugar Refinery is reopening as an office hub, seeking tenants at a time when demand for workspace has faltered across New York City.
Dubai said it began repaying a $20 billion bailout loan from Abu Dhabi and the country’s central bank, as part of an effort to reduce its debt burden almost 15 years after the sheikhdom teetered on the brink of default.