Exploiting crack spreads with options
Because energy companies are subject to the crack spread, we explore whether the price of one refined product can be used to forecast the other.
Soybeans head for longest rally in 14 months on Chinese imports
Soybean futures headed for the longest rally since March 2012 on signs of rising demand from China, the world’s largest buyer.
Wasendorf sued for mixing firm and client funds
Russell Wasendorf Sr., the chief executive officer of bankrupt futures brokerage Peregrine Financial Group Inc. facing criminal charges, was sued by a customer claiming the CEO and his son illegally commingled firm and client money.
Yen jumps most in 3 months as risk appetite shrinks
The yen climbed the most in almost three months versus the dollar as risk appetite shrank, with Japanese stocks tumbling after a technical signal that they had gained too much, too fast.