LONDON (Reuters UK) - Shares in building materials group Wolseley WOS added over 11 percent to top the FTSE 100 leaderboard on Tuesday as traders cited market talk of possible sale of its U.S. operations. Wolseley was not immediately available for comment "Further rumours and...
PARIS (Reuters) - Societe Generale SOGN reported a 63 percent fall in second quarter net profit on Tuesday, with the shadow of the world's worst rogue trader scandal still hanging over France's second-biggest listed bank. Net profit fell to 644 million euros ($1...
PARIS (Reuters UK) - Societe Generale reported a 63 percent fall in second quarter net profit on Tuesday, with the shadow of the world's worst rogue trader scandal still hanging over France's second-biggest listed bank. Net profit fell to 644 million euros (510.5 billion pounds),...
By Elinor Comlay NEW YORK (Reuters UK) - Wall Street is reeling from losses, and bankers are fearful of losing bonuses at best and jobs at worst. But while New York braces for the economic fallout, one group is benefiting -- psychotherapists. Bankers suffering from anxiety...
Oil prices have fallen harder than they have in 17 years, as fears that record fuel prices are spreading broad economic pain exacerbated the third big sell-off in just over a week.Light, sweet crude plunged $US6.44, or 4.4 per cent, to settle at $US138.74 a barrel on the New...
LONDON (Reuters UK) - Shares in bookmaker Ladbrokes LAD rose over 8 percent on Monday as traders cited market talk of Irish groups buying shares in the company. Ladbrokes could not immediately be reached for comment. At 1:31 p.m., Ladbrokes added 8.4 percent to 248.25 pence. Rival...
The Find: Recent research finds that male hormones might help explain the risk-taking behavior that underlies market bubbles and crashes The Source: Research from the University of Cambridge in this week's edition of Proceedings of the National Academy of Sciences. The Takeaway: Women...
More details have emerged in the stunning $7.2 billion trading loss suffered by French bank Societe Generale, incurred at the hands of a low-level trader run amok. As the Wall Street Journal reports, trader Jerome Kerviel had been making surreptitious and high risk moves for at least a year before...
So you want to start a wholesale distributorship. Whether you're currently a white-collar professional, a manager worried about being downsized, or bored with your current job, this may be the right business for you. Much like the merchant traders of the 18th century, you'll be trading goods for profit. And...
Use this template to prepare a notice of application as sole trade, which is used to make an application to declare he or she is the sole trader of the mentioned business.
Gambling on a Gambling EmployeeThe Degenerate Gambling TraderI just don't get it. How can this guy be a "great trader" at work and yet a complete screw-up outside? If I was a Wall Street Trader or other investment decision maker the last thing I would be doing engaging...
Freight Traders, a subsidiary of global food manufacturer Mars, Incorporated, is a Web-based logistics consultancy that connects shippers to carriers. Freight Traders's business challenge was to grow revenues. Existing spreadsheets were inadequate for a growing, multicountry business. The company required a centralised Customer Relationship Management CRM solution that would help...
One of the most important things one will learn when trading the currency market is that the world is interconnected. The stock, bond, commodity and currency markets all have a hand in each other's business. There is no rule written in stone about which market has a leading or lagging...
This article discusses how with the evolution of order management technology and the proliferation of connectivity to electronic markets, the role of the buy-side trader is changing. No longer beholden to brokers and sell-side traders, buy-side traders are executing their own orders from the desktop, utilizing more-sophisticated strategies. Ten years...
Trading futures and options is very similar to the challenges faced by the elite infantry soldier. The article presents a unique application of trading psychology. This article challenges notions about what it takes to become an elite trader of options and futures. The article pushes a trader a bit beyond...
The front-month equivalent (front-month proxy hedge) is a risk measure that a growing number of players believe provides tremendous insights for proprietary traders, market makers and risk managers. This paper does a good job of explaining the front-month equivalent concept and outlines four practical applications of the risk measure that...
Money management is one of the most important and least understood aspects of trading. Many traders, for instance, enter a trade without any kind of exit strategy and are therefore more likely to take premature profits or, worse, run losses. Traders need to understand what exits are available to them...
Those who do not use technical and fundamental data together often miss crucial pieces in the trading puzzle, leaving them at a distinct disadvantage against their more technically proficient and well-informed competitors. Purists who ignore either fundamental or technical information are making a mistake that could end up costing them...
Trading doesn't have to be complicated. In fact, the best traders have all learned how to KISS to keep it straightforward and simple--before they truly succeed in the trading game. But who says traders can't use effective albeit complicated formulas if their computers do most of the grunt work for...
From the executive summary: ‘Just like people, companies in today's economy find that their primary source of competitive advantage increasingly lies in the unique proprietary knowledge they possess. Companies and individuals may have equal talent and access to public knowledge, but the special value that comes with unique understanding provides...
