Chris Mcmahon

• ERP fight near end

  By Chris Mcmahon  |  January 14, 2009

  The objections have been aired and before you read this, a Delaware Chancellor could approve a $300 million settlement between former Chicago Board of Trade (CBOT) members and the Chicago Board

• Madoff fools many, including SEC

  By Chris Mcmahon  |  January 14, 2009

  That Bernard L. Madoff was running a massive Ponzi scheme wasn’t news to many industry professionals who were skeptical of his amazingly consistent returns during inconsistent markets. But what is

• Euro-pound at tipping point

  By Chris Mcmahon  |  January 14, 2009

  The euro enjoyed a huge run up against the British pound, approaching parity in late December based on weak British fundamentals, including weak job and housing markets, slowing growth and huge

• Exports buoy soybeans

  By Chris Mcmahon  |  January 14, 2009

  Joe Victor, vice president of Allendale Research, says price action in soybeans this time of year is based on U.S. export demand and South American production levels. And estimates of first quarter

• Two-year Treasury notes trend higher

  By Chris Mcmahon  |  January 14, 2009

  U.S. Treasury bond prices took a hit around New Year’s, but two-year Treasury note prices continue to trend higher. “The two-year addresses the security issues that people have,” explains Richard

• Richard Micallef: A disciplined approach

  By Chris Mcmahon  |  December 26, 2008

  Despite his 23 years of trading experience, Rich Micallef describes himself as a basketball coach. You have to dig a little deeper to find out that he played guard for Brooklyn College back in the

• Gensler nominated to head CFTC

  By Chris Mcmahon  |  December 19, 2008

  “President-elect Obama has made an outstanding choice in Gary Gensler to lead the CFTC,” said Walt Lukken, acting chairman of the Commodity Futures Trading Commission. “Gary has the rare combination

• Sentinel sues Citadel, Goldman

  By Chris Mcmahon  |  December 15, 2008

  Grede says Citadel acquired Sentinel customer securities at a huge discount in a noncompetitive bulk sale and took a $47.1 million “market uncertainty concession,” at the expense of creditors.

• Corn dogs

  By Chris Mcmahon  |  December 15, 2008

  With crude oil prices in the dumper, ethanol now economically unfeasible and demand for commodities down across the board, corn prices have simply collapsed in early December from a high of $7.75 per

• Swiss franc misses

  By Chris Mcmahon  |  December 15, 2008

  After a huge run up this decade, the Swiss franc has lost steam against the U.S. dollar. “The Swiss was a funding currency for many years,” says Randolph Donney, analyst for Thomson Reuters. Now it’s