Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Tetra Images / Getty Images A trading desk is a physical location where ...
Trading desks at the largest banks have started off the year on a high note. The five U.S. banks with large trading desks finished reporting their first-quarter financial results this week, and one of ...
But Bank of America’s (BofA) FX derivatives trading desk wasn’t sweating. In the months prior, it had already taken the view that the dollar was primed for a selloff and begun to build inventory in ...
Wells Fargo & Co.’s early test of how much it can grow a trading desk by leaning on relationships across corporate America is yielding a $1 billion answer. That’s roughly how much annual revenue is ...
Bond and stock prices rallied sharply in the final two months of 2023, but the “everything rally” didn’t do much for trading desks at big banks. JPMorgan booked $5.8 billion in fourth quarter trading ...
Investors scrambling to adjust positions in response to the US tariff announcement on April 2 look set to deliver another bumper payday for bank trading desks, which continue to capitalise on volatile ...
US bank wins FX house for performance during Liberation Day, while Reactive Markets takes OTC trading platform prize ...
Rawbank SA, the biggest bank in the Democratic Republic of Congo, is creating the country’s first carbon credit trading desk as it looks to cash in on a fast-growing market in climate finance. Its ...
Annabel Smith sits down with head of foreign exchange trading at T. Rowe Price, Toby Baker, to unpack why he chose a career in FX, the asset class’ role in the wider markets and the innovations he ...
Traders are the most Trump-like figures within banks. They have short attention spans, crave instant rewards and view consistency as a weakness rather than a virtue. Like Trump, traders have been ...
(Bloomberg Businessweek) -- In the decade Tim Brooks has been buying and selling currencies, he’s grown used to feeling that ...