Two simple words could radically change the whole power dynamics in the huge financial software industry. They are “Federated Chat”. In the past few months, the financial software sector has suffered something of a disruption. Namely the very powerful, very … Read moreLeave a Comment
The cold war in the world of trading and information is heating up, as Reuters scrambles to move clients over to a new platform. But this makes me ask myself two questions: Is the world of finance ready to move … Read more3 Comments
Everybody has heard the stories of the blowup of super hedge fund LTCM in the late 1990s, but as far as I know, no one has ever talked publicly about what it was like inside the fund as it was … Read more3 Comments
The Enron collapse now seems like a distant memory, and its scale is so tiny compared to the 2008–09 financial crisis that it almost feels like it wasn’t really that bad.
But it was.
What if you could invest in something that has retained all the worst qualities from different asset classes? Would you buy it? Let me present what I think is the very worst investment in the world: VXX. The VXX is … Read more13 Comments
One of the things you learn from years of dealing with markets, is that you can’t turn your back on a market participant, but always turn your back on a crisis. Especially when it’s waving a razor-sharp hunting knife in … Read moreLeave a Comment
SHANGHAI: With the free trade zone, the dozing Chinese panda may get a B12 shot and regain some of the massive potential from latter years. While the financial world has put a ludicrously large focus on the Fed and tapering, something … Read more2 Comments