Singapore Exchange Limited (“SGX”) has directed MF Global Singapore Pte Limited (“MF Global”) not to take on new derivatives positions but only reduce existing positions with immediate effect.
MF Global has informed SGX that it will not enter into new securities transactions. Currently, MF Global is meeting its financial obligations to SGX’s derivatives clearing house.
5 words of wisdom for trading metals
One of the questions we hear most often is, “What does it take to be a successful trader?” George Gero shares five tips for success in this preview to May's Trading 101 article.
Americans most optimistic since 2007 as stocks surge
Americans’ confidence in the economy climbed in May to the highest level in almost six years as rising real estate values and record stock prices boosted household wealth.
Tap into oil volatility using an options spread
Over the past week crude oil prices have been rocked by conflicting macroeconomic data and a suspected price-fixing scandal, leaving many investors questioning the validity of current price levels. Tap into that volatility with a put spread.
S&P 500 marches higher in face of “Fedspeak”
Overall, the bull market frenzy is picking up and we still believe the E-mini S&P 500 will finish this year at 1690 or higher.