Allegations of market manipulation and temporary block on activities pose wider risks for Wall Street trader
Financial duck-rabbits
Also in this newsletter, Jio BlackRock starts operations with a bang, and Anish Shah’s mantra
Wall Street firm hits back after being banned and ordered to return more than $550mn of ‘illegal gains’
A sticky wicket
Regulator accuses trading firm of ‘sinister scheme’ to manipulate derivatives markets
New York trading firm has rapidly grown to rival Wall Street’s biggest banks
Secretive US firm continued to make inroads into business once dominated by Wall Street heavyweights
Kremlin decree allows firms including Jane Street, GMO and Franklin Templeton to offload holdings
New York-based group in talks for up to 500,000 sq ft of City space
Both firms confirm resolution but decline to disclose details stemming from departure of two former employees
Micro Connect has amassed a wealth of real-time data on China’s economy by financing small businesses in exchange for revenues
More Money Than God 2.0
Plus, China’s policy blitz, investors grab European equities, and Mica Ertegun’s collection
A quirky and opaque New York firm has rapidly expanded to become the most profitable trader of all
Handful of secretive businesses including Jane Street and Citadel Securities have seized market share from the old guard
Could Figgie be Pit the younger?
FT Alphaville’s main takeaways from the secretive trading firm’s bond prospectus
High-speed trading firm sued hedge fund last week over lucrative options trading strategy it claims were stolen
Trading revenue for secretive New York firm rivals sums generated by Wall Street banks
Lawsuit sets up rare public clash between two big Wall Street rivals
The new trading royalty
We’re all just its counterparties
Fidelity halves the proposed going rate as speculation mounts that SEC approval is near
A bluffer’s guide to the Jane Street coin flip game