• 09/21/2014 - 14:52
    Dear Janet; If I may be so forward, as a concerned citizen of the Constitutional Republic of the United States, it is with great consternation that I feel compelled to write you this distressing...

NYSE Euronext

Tyler Durden's picture

Frontrunning: March 11





  • Malaysia Says Stolen Passport User Had No Links to Terror Groups (BBG)
  • Malaysia military tracked missing plane to west coast (Reuters)
  • Freescale loss in Malaysia tragedy leads to travel policy questions (Reuters)
  • Top German body calls for QE blitz to avert deflation trap in Europe (Telegraph)
  • Firms Suffer 23% Drop in Asia Fees Amid Search for Cash (BBG)
  • Putin Dismisses U.S. Proposal on Ukraine (WSJ)
  • Lenovo says China strike an IBM matter, but it won't cut wages (Reuters)
  • Congress to Investigate GM Recall (WSJ)
  • New hedge funds face life or death battle for funding (FT)
  • Muni Bond Costs Hit Investors in Wallet (WSJ)
  • BOJ keeps stimulus in place, cuts view on exports in warning sign (Reuters)
  • ECB Homes In on Risky Assets as Inspectors Fan Out Across Europe  (BBG)
  • Snowden: "The Constitution was violated" (Reuters)
 
Tyler Durden's picture

Frontrunning: November 18





  • What can possibly go wrong: Tepco Successfully Removes First Nuclear Fuel Rods at Fukushima (BBG)
  • Japan's Banks Find It Hard to Lend Easy Money (WSJ)
  • U.S. Military Eyes Cut to Pay, Benefits (WSJ)
  • Airbus to Boeing Cash In on Desert Outpost Made Field of Dreams (BBG); Dubai Air Show: Boeing leads order books race (BBG)
  • Sony sells 1 million PlayStation 4 units in first 24 hours (Reuters)
  • Russian Tycoon Prokhorov to Buy Kerimov's Uralkali Stake (WSJ)
  • Google Opening Showrooms to Show Off Gadgets for Holidays (BBG)
  • Need. Moar. Prop. Trading: Federal Reserve considering a delay to Volcker rule (FT)
  • Raghuram Rajan plans ‘dramatic remaking’ of India’s banking system (FT)
  • SAC Capital's Steinberg faces insider trading trial (Reuters)
 
Tyler Durden's picture

Frontrunning: November 13





  • Desperate Philippine typhoon survivors loot, dig up water pipes (Reuters)
  • Fading Japanese market momentum frustrates investors (FT)
  • China's meager aid to the Philippines could dent its image (Reuters)
  • Headline du jour: Granted 'decisive' role, Chinese markets decide to slide (Reuters)
  • Central Banks Risk Asset Bubbles in Battle With Deflation Danger (BBG)
  • Navy Ship Plan Faces Pentagon Budget Cutters (WSJ)
  • Investors pitch to take over much of Fannie and Freddie (FT)
  • To expand Khamenei’s grip on the economy, Iran stretched its laws (Reuters)
  • Short sellers bet that gunmaker shares are no long shot (FT)
  • Deflation threat in Europe may prompt investment rethink (Reuters)
 
Tyler Durden's picture

Frontrunning: November 11





  • Philippines Left Reeling in Wake of Storm (WSJ)
  • Khamenei controls massive financial empire built on property seizures (RTRS)
  • Race to Bottom Resumes as Central Bankers Ease Anew (BBG)
  • U.S. Postal Service to deliver Amazon packages on Sundays  (LA Times)
  • Obama Stocks Among Best After Re-Election as Rally Tested (BBG)
  • Health-Law Rollout Weighs on Obama's Ratings, Agenda (WSJ)
  • Twitter in Celebrity Spat With Facebook as Rivalry Builds (BBG)
  • Iran deputy industry minister shot dead (AFP)
  • Financier of Taliban-linked group shot dead in Pakistan (RTRS)
  • Obama: The Lonely Guy (Vanity Fair)
 
Tyler Durden's picture

Frontrunning: November 5





  • China premier warns against loose money policies (Reuters)
  • Brussels forecasts tepid Eurozone growth (FT)
  • SAC Case Began With Informant’s Tips on Cohen, Rajaratnam (BBG)
  • Dirty Munich Home’s Nazi Loot Estimated at $1.35 Billion (BBG)
  • Mortar hits Vatican embassy in Damascus, no casualties (Reuters)
  • India Launches Mars Mission (WSJ)
  • Lael Brainard to leave Treasury, heading to Fed (FT)
  • U.S. Takes Aim at 'Forced' Insurance (WSJ)
  • Wife of Jeff Bezos attacks book about Amazon (FT)
  • Fall of Brazil’s Batista embarrasses President Dilma Rousseff (FT)
  • The One Thing People Still Really Like About BlackBerry (BusinessWeek)
 
Tyler Durden's picture

Frontrunning: September 26





  • The new normal name of a broken market: glitches - NYSE, Nasdaq Consider Cooperating to Address Glitches (WSJ)
  • Early Thursday Humor: Abe Tells Wall Street Japan’s Economy Is Exceptionally Good (BBG)
  • Rising Rates Seen Squeezing Swaps Income at Biggest Banks (BBG)
  • JPMorgan Mortgage Talks Said to Discuss $11 Billion Deal (BBG)
  • Can't make this up: HFT firm "finds" Fed did not leak data early to benefit HFT firms (FT)
  • Hertz Cuts Full-Year Forecast on Weak U.S. Airport Rentals (BBG)
  • Greece does not need third bailout, seeks debt 'reprofiling' - deputy PM (Reuters) - right, it needs a fourth and fifth
  • Hezbollah gambles all in Syria (Reuters)
  • Twitter Adds J.P. Morgan and Morgan Stanley as Bankers on IPO (WSJ)
  • Messi in Court Shows Tax Collectors Set to Pursue Star Athletes (BBG)
 
Tyler Durden's picture

Frontrunning: September 18





  • Fed likely to reduce bond buying, pass policy milestone (Reuters)
  • Fall in Home Loans Pushing Fed Away From Taper in Mortgage Bonds (BBG)
  • Russia says U.N. report on Syria attack preconceived, political (Reuters)
  • China House Price Surge Raises Prospect of Steps to Cool Market (FT)
  • Cyprus Plans to Complete End of All Capital Controls... some time in 2014 (FT)
  • GOP Reworks Budget Terms (WSJ)
  • U.S. Navy was warned that Washington shooter 'heard voices' (Reuters)
  • Berlusconi Impeachment Vote Looms (WSJ)
  • Ageing could weaken central banks, spur rate volatility (Reuters)
 
Tyler Durden's picture

Frontrunning: September 9





  • Hedge Funds Cut Back on Fees (WSJ) as we predicted would happen in May
  • Syria's Assad denies chemical weapons use; U.S. presses case for strike (Reuters)
  • Unemployment Falling for Wrong Reason Creates Fed Predicament (BBG)
  • U.S. tapped into networks of Google, Petrobras, others (Reuters)
  • Chinese Zombies Emerging After Years of Solar Subsidies (BBG)
  • Monte Paschi doubles planned capital hike to 2.5 billion euros (Reuters)
  • Loan Size to Be Cut for Fannie, Freddie (WSJ)
  • Japan Growth Revision Opens Door to Sales Tax Rise (FT)
  • Inside the End of the U.S. Bid to Punish Lehman Executives (NYT)
  • Financial Crisis: Lessons of the Rescue, A Drama in Five Acts (WSJ)
  • Time Warner Joins IBM in Health Shift for Retirees (WSJ)
  • Mideast Derails Key Issues in Congress (WSJ)
 
Tyler Durden's picture

Frontrunning: August 27





  • Opposition figure: major decisions on Syria expected within hours (Al Arabiya)
  • Syria challenges U.S. to "produce the evidence" that Assad regime launched chemical attack (CBS)
  • British PM says world must act on Syria, weighs response (Reuters)
  • U.S. Treasury to Hit Debt Limit in Mid-October (WSJ)
  • U.S. could look beyond U.N. Security Council in any Syria strike (Reuters)
  • Nasdaq, NYSE at odds on outage cause as SEC seeks facts (Reuters)
  • Ackman’s J.C. Penney Sale Ends Failed Saga to Agitate for Change (BBG)
  • Zandi, LaVorgna, Blinder, Rattner all is one con puff piece (BBG)
  • Best Buy Founder Schulze Plans Stock Sale to Diversify Assets (BBG) - "diversify assets" = dump overpriced junk
  • Zero Worship: Credit-Card Firms Compete With No-Interest Transfers (WSJ)
  • Len Blavatnik wins $50m in JPMorgan lawsuit (FT)
  • Danone Finds Yogurt’s All Greek as Oikos Chases Chobani (BBG)
 
Tyler Durden's picture

We Have Confirmation: This Morning's Market #Fail Brought To You By Goldman Sachs





This morning's debacle in the options pit appears - just as we noted - to be due to Goldman Sachs 'erroneous' trades:

  • *GOLDMAN MAY LOSE AS MUCH AS $100M ON ERRONEOUS TRADES: FT

But, as we also noted earlier, unlike Knight (which was wiped out when its market-making algos went rogue), in Goldman's case:

  • *GOLDMAN SAYS 'WORKING WITH EXCHANGES' TO RESOLVE OPTIONS ISSUE

They get everything DK'ed...

 
Tyler Durden's picture

This Selling Will Not Stand, Man: NYSE To Bust 17 Minutes Of Option Trades (When Market Dropped)





As the cash equity markets opened in the US this morning, it appears a slew of options-based bearish bets were placed across a variety of stocks (starting with letters H to L). This slammed the Dow down into the red and to the all-important 15,000 Maginot Line. All was 'normal' until that critical indicator of 'wealth' finally broke 15,000 and almost instantly the exchanges went into "catastrophic error" mode which has resulted in trades from 0930ET to 0947ET on the CBOE being "busted". The exact time when the selling was under-way (so we can't have those sells being counted?). However, there is a rumor that what really drove it was Goldman losing millions on options trades (including JPM), and instead of the NYSE forcing the firm to eat its losses as it did with Knight, it decided to unwind 17 minutes of trades. These are the 'markets' in which investors are supposed to trade?

 
Tyler Durden's picture

Frontrunning: July 16





  • India Joins Brazil to China in Efforts to Tighten Liquidity (BBG)
  • Seven dead as police and protesters clash in Egypt (Reuters)
  • U.S. senators fail to cut deal, head for showdown on filibuster (Reuters)
  • Gasoline Tankers Beating Crude for First Time on Record (BBG)
  • Smithfield's China bidders plan Hong Kong IPO after deal (Reuters)
  • Bitcoin ETF plan struggles to find support (FT)
  • Big Home Builders Gobble Up Rivals Starved for Cash (WSJ)
  • Putin wants Snowden to go, but asylum not ruled out (Reuters)
  • Zimmerman's lawyer calls prosecutors 'disgrace' to profession (Reuters)
  • McDonald’s to bring Big Mac to Vietnam (FT)
  • Korean Pilots Avoided Manual Flying, Former Trainers Say (BBG)
 
Tyler Durden's picture

Frontrunning: July 10





  • MSM discovers that soaring dollar hurts corporate profits: P&G to Apple Hurt by Strong Dollar Keep S&P 500 Profits in Check (BBG)
  • China Posts Surprise Drop in Exports (WSJ) - lol: "surprise"
  • Plan Reins In Biggest Banks (WSJ)
  • European Commission Seeks Authority to Wind Down Banks (WSJ) - and Germany just says 9
  • U.S. Banks Seen Freezing Payouts as Harsher Leverage Rules Loom (BBG)
  • Brussels sets up clash with Berlin over banks (FT)
  • EU to Toughen Creditor-Loss Rules at Failing Banks From August (BBG) - or September, or October, but definitely November... 2023
  • China's crude, iron ore imports falter as demand cools (Reuters)
  • Obama pushes economic case for immigration as House eyes next steps (Reuters)
 
Tyler Durden's picture

Frontrunning: July 9





  • ICE's NYSE to determine the rate used by key competitor CME: NYSE Euronext to Take Over Libor (WSJ)
  • Japan slams China over maritime disputes (FT)
  • The Twinkie Returns, With Less Baggage (WSJ)
  • Pentagon Workers From Pennsylvania to Ghana Hit by Cuts (BBG)
  • Why Prostitutes Aren't Enough to Deprive the World of Eliot Spitzer (BBG)
  • Groups gather in Turkish protest park after night of clashes (Reuters)
  • Apartment Rents Rise, But the Pace Is Slowing (WSJ)
  • Asiana Seen Saving Millions With Tactic to Bar U.S. Suits (BBG)
  • Bin Laden's life on the run revealed by Pakistani inquiry (Reuters)
  • Fracking Firms Face New Crop of Competitors (WSJ)
 
Tyler Durden's picture

Frontrunning: May 15





  • Once a beacon, Obama under fire over civil liberties (Reuters)
  • Eurozone in longest recession since birth of currency bloc (FT)
  • EU Oil Manipulation Probe Shines Light on Platts Pricing Window (BBG)
  • BMWs Cheaper Than Hyundais in Korea as Tariffs Crumble (BBG)
  • Stock Boom Isn't a Bubble, Says BOJ's Kuroda (WSJ)
  • Struggling France strives to shake off economic gloom (FT)
  • JPMorgan investors take heat off Dimon (FT)
  • Private-Equity Firms Build Instead of Buy (WSJ)
  • Bloomberg Saga Highlights Clash Between Two Worlds (WSJ)
  • Bank documents portray Cyprus as Russia's favorite haven (Reuters)
  • HSBC Signals 14,000 Jobs Cuts in $3 Billion Savings Plan (BBG)
  • Argentines Hold More Than $50 Billion in U.S. Currency (BBG)
 
Syndicate content
Do NOT follow this link or you will be banned from the site!