Explainer: how a massive options trade by a JP Morgan fund can move markets

Explainer: how a massive options trade by a JP Morgan fund can move markets

NEW YORK, Sept. 29 (Reuters) – A nearly $16 billion JP Morgan fund is expected to reset its options positions on Friday, possibly adding to stock volatility at the end of a dismal quarter for equities. Analysts have historically pointed out that the JPMorgan Hedged Equity Fund’s quarterly reset has been troubled markets, seeing this … Read more

FTX’s Bankman-Fried pleads not guilty to campaign finance, bribery charges in China

FTX’s Bankman-Fried pleads not guilty to campaign finance, bribery charges in China

NEW YORK, March 30 (Reuters) – Indicted founder of the FTX cryptocurrency exchange, Sam Bankman-Fried, pleaded not guilty on Thursday to fresh US charges of conspiracy to violate campaign finance laws and bribe Chinese authorities. Bankman-Fried, 31, entered the plea for the new 13 count indictment at a hearing before U.S. District Judge Lewis Kaplan … Read more