All Posts (10733)
"Social media can do for traders what simulated computer programs do for
wanna-be chess masters."
"Social media is important not only in terms of its discovery function, but also in terms of faster development of talent. It accelerated the learning curve and it produced hundreds of new great traders. "
http://ivanhoff.com/2011/03/27/social-media-and-the-creation-of-better-traders/
"Overall, I keep looking at the pluses and minuses and this week has been spectacular with respect to everybody ignoring the minuses," said Kim Caughey Forrest, senior equity research analyst at Fort Pitt Capital Group in Pittsburgh.
http://www.reuters.com/article/2011/03/25/us-markets-stocks-idUSTRE72K1HS20110325
Read more: http://www.businessinsider.com/david-rosenberg-manufacturing-2011-3#ixzz1HcsZyFip
Barclays is one of four banks at the centre of a probe led by US and UK regulators into the possible manipulation of the Libor rate between 2006 and 2008.
According to the Financial Times, investigators are trying to determine whether the bank contravened 'Chinese Wall' rules to exploit Libor. Central to the investigation is whether too much information was shared between the bank's treasury arm and its traders. http://www.citywire.co.uk/new-model-adviser/barclays-probed-over-libor-manipulation-claims/a481676