Traders

Gold Prices Hit Lowest Level Of The Year

AP | SANDY SHORE | Posted 05.09.2012

Read More: European Debt Crisis, Yen, Recovery, Gold Prices, RBC Global Futures, Stocks, Copper, FInancial Markets, Dollar, Oil Prices, U.S. Agriculture Department, Traders, Europe, Investors, Video, Business News

-- Gold prices hit the lowest level of the year Wednesday as uncertainty about Europe's political and economic future dominated world financial marke...

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Here's The Sh*t Sales Traders Say

Posted 02.27.2012

Read More: Video, Viral Videos, Wall Street, Sales Traders, Business News, Sh*T Sales Traders Say, Sh*T People Say, Wall Street Traders, Traders, Business News

And it's finally dropped. No, we're not talking about Tupac's latest album from beyond the grave. It's the "Sh*t Sales Traders Say" video. Admitte...

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Goldman Employee Under Fire Over Leaked Info

Reuters | Posted 04.15.2012

Read More: Goldman Sachs, Video, Lawyers, Consultants, Wall Street, Hedge Funds, Reuters, Money Manager, Traders, Technology, Wall Street Journal, Federal Bureau of Investigation, Financial Regulation, Business News

Feb 15 (Reuters) - A Goldman Sachs technology analyst is under investigation by federal authorities for leaking inside information to hedge funds, t...

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Have Financial Markets Slipped Beyond Our Control?

Robert Harris | Posted 02.02.2012

Read More: Video, FInancial Markets, Stock Market, Derivatives, Robert Harris, Scientists and Stock Market, Business News, Financial Crisis, Traders, Scientists, Business News

By Robert Harris, author of The Fear Index If you want to know why the world economy is in such a mess take a trip to Waxahachie, Texas, and look a...

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Animated Video Chronicles Rise To Fame Of The 'Trader From Hell'

Posted 11.28.2011

Read More: Goldman Sachs, Video, Bbc, Viral Videos, Business News, Traders, Recession, Allesio-Rastani, Business News

Alesso Rastani’s fifteen minutes of fame aren’t quite over yet. The "independent trader" that told the BBC that he dreams of another recession...

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This Little Piggy Went to the Gas Market

John Bates | Posted 08.30.2011

Read More: Nymex, Flash Crashes, Manipulative Trading, Sell Stops, Market Abuse, Traders, Abusive Trading, Natural Gas Market, Fat Finger Trades, High Frequency Trading, Business News

Historically, fat finger trades -- where a trader presses the wrong key or adds a zero too many on an electronic trading system -- were considered exclusive to equities markets. But they are now stretching their piggy little digits into other asset classes.

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Traders Betting Big On Guilty Verdict In Huge Insider Trading Case

Posted 06.29.2011

Read More: Rajaratnam Trial, Insider Trading, Traders, Galleon Group, Raj Rajaratnman, Insider Trading Trials, Hedge Funds, Business News

NEW YORK: Traders are betting there is a 90 percent chance that hedge fund manager Raj Rajaratnam will be found guilty of insider trading when the...

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Goldman Sachs' Derivatives Generated 35% Revenue

Huffington Post | Sara Yin | Posted 05.25.2011

Read More: Investment Banks, Lloyd Blankfein, Goldman Sachs, Stocks, Bonds, Derivatives, Financial Crisis Inquiry Commission, Banks, Traders, Credit Default Swaps, Financial Regulation, Business News

Goldman Sachs made up to 35 percent of its 2009 revenue from derivatives, according to recent documents disclosed to the Financial Crisis Inquiry Comm...

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Market Monkeys Guarding Bananas Again

Diane Francis | Posted 05.25.2011

Read More: Oil Prices, High Oil Prices, Stock Market Crisis, Stock Market Mess, Traders, Oil Market Manipulation, Flash Crash, Business News

The probe into the "flash crash" has yet to report the cause, but whatever it is will provide another example that the system is dangerously unpoliced and that manipulative behavior is unchecked.

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French Rogue Trader's Trial Begins

AP | ANGELA DOLAND | Posted 05.25.2011

Read More: Stock Trading, Lehman Brothers, France, Societe Generale, Traders, Jerome Kerviel, Paris, The Spiral: Memoirs of a Trader, Business News

PARIS — Jerome Kerviel says he's living the simple life these days. The former French trader accused of gambling away billions of his bank's mon...

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Gary Gensler of the CFTC: Reformer or Wolf in Moth Eaten Sheep's Clothing?

Raymond J. Learsy | Posted 05.25.2011

Read More: Treasury Department, Robert Rubin, Goldman Sachs, Politics, Wall Street, The New York Times, Oil, Traders, Gary Gensler, Energy, Commodity Exchanges, Business News

While Gary Gensler and his CFTC Vaudeville act continue to fiddle away, their distortion in oil prices is burning a billion dollar hole a day in American consumers pockets.

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Goldman Sachs' Lost 'Ethos' Puts Traders -- And Profits -- Ahead Of Clients

nytimes.com | JENNY ANDERSON | Posted 05.25.2011

Read More: Wall Street Arthur Levitt, Lloyd Blankfein, Goldman Sachs, Traders, Banks, Goldman Sachs Ethos, Business News

But as President Obama prods the financial industry to do more to help ordinary Americans -- he chided 'fat cat' bankers -- on Sunday for increasing t...

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Poker Pros Make Excellent Traders, Says Harvard Finance Professor

bloomberg.com | Mason Levinson | Posted 05.25.2011

Read More: Phli Ivey, World Series of Poker, Wall Street, Poker, Risk Management, Traders, Harvard, Recession, Steve Begleiter, Business News

Nov. 20 (Bloomberg) -- Brandon Adams, who teaches behavioral finance at Harvard University's Department of Economics, says some of the best candidates...

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Morgan Stanley On Hiring Spree

thestreet.com | Posted 05.25.2011

Read More: Jobs, Traders, Morgan Stanley, Sales, Economy, Morgan Stanley Hiring, Business News

Morgan Stanley (MS Quote) is planning to hire as many as 400 traders and sales people, according to a report, as the firm moves to compete better with...

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Even Your Friends are Enemies

Joe the Trader | Posted 05.25.2011

Read More: Traders, Wall Street, Masters of the Universe, Recession, New York-New York, London-United Kingdom, United Kingdom, Brazil, China, New York, Business News

A couple of months ago I had lost out on a job to someone I knew. While it stung, at least I found out who my competition was after the fact. Now I was sitting across the table from my competitor -- who was also my friend.

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Summers/Geithner Plan: Bank Heist One More Time

Diane Francis | Posted 05.25.2011

Read More: Harvard University, Wall Street, Investment Banks, Tim Geithner, Tim Geithner Bailout, Banking Crisis, Banks, Larry Summers, Traders, D.E. Shaw, Leverage, Financial Crisis, Business News

This plan is more of the same: highly leveraged risk-taking shenanigans facilitated by a naive government and tax dollars.

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Sad, Scared Traders: The Global Financial Crisis In Pictures (SLIDESHOW)

Huffington Post | Nour Akkad | Posted 05.25.2011

Read More: Financial Crisis, Traders, Slideshow, Wall Street Crisis, Wall Street, Brokers, Economic Crisis, Business News

After the United States began struggling with an economic crisis while the world watched, the crisis conditions spread rapidly into other countries an...

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Traders With Higher Testosterone Make (And Lose) More Money

Bloomberg | Lisa Rapaport | Posted 05.25.2011

Read More: Dot-Com, Testosterone, Traders, Manic Behavior, Cortisol, Trader Behavior, Business News

Traders who start the morning with high levels of the hormone testosterone, produced in the testes, will probably make more money that day, a study fo...

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Traders Bet On Obama

Reuters | David Alexander | Posted 05.25.2011

Read More: Election Trades, Election Bets, Hillary Clinton, Traders, Iowa Electronic Markets, Barack Obama, Business News

Democratic presidential contender Hillary Clinton will win several state nominating contests in the coming months but has little chance of becoming th...

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Citigroup To Cut 2,000 More Jobs

New York TImes | Posted 05.25.2011

Read More: Layoffs, Citigroup, Citigroup Layoffs, Job Cuts, Traders, Investment Banks, Investment Bankers, Business News

Citigroup plans to lay off another 2,000 investment bankers and traders before the end of the month, people close to the situation said on Wednesday. ...

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