Results tagged “MF Global” from Dealbreaker

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Now, it seems, the same jobs data that hit oil prices with a vengeance just decided that it would be better if we boosted oil by slapping the dollar around hard for a round or two. Either that, or Reuters...

MF Global Feels The Heat

Shares of MF Global Ltd dropped sharply in trading today, reaching a new low. The stock is at $7.26, down $10.09. The stock opened lower and continued to slide for the opening 45 minutes. Trading volume is way up. Officially,...

Why Do Rogue Traders Always Lose Money?

Another rogue trader has caused huge losses at a major financial institution. MF Global Inc., which is largest broker of exchange-traded futures and options contracts, has said it set aside $141.5 million to cover losses caused by a trader who...