Even as Greece pledged anew on Wednesday to rein in its runaway budget deficit, briefly easing the anxiety over its perilous finances, traders on both sides of the Atlantic weighed the risks — and potential rewards — posed by the groaning debts of other European governments.
We view this as indirect evidence that information may leak from the investment banking (or corporate finance) division to traders within the same brokerage house.
For example in Ethiopia, there are community-based organizations such as Ekub, a system of forced saving, with finance secured through traders, friends, and relatives; and Iddir, informal associations where members save for funeral costs (Belwal et al. 2012).
He made his fortune in finance as a commodity trader.
His first job in finance, as a junior trader with the hedge fund Long-Term Capital Management, introduced him to the dangers of excessive risk-taking.
"Where is the food going to come from, unless 'evil speculators' make a lot of money?
I worked in finance as an equity trader and had big apartment in the nicest area of town, a luxury car and a stacked closet.
When you come to your first annual filing after having set up a trading office, the way that you report financial income will help to determine how you are treated as a trader or finance professional.
Bloomberg executives have not denied that they knew some reporters turned to the terminals to monitor when subscribers, who are mostly traders and finance executives, had logged on.
But as broader worries about Greece are added to the concern that Italy may no longer be able to finance its debt burden, traders have started to sell Italian bond futures directly — a bet that the euro zone itself might collapse and that Italian bonds will continue to lose value.
