Your English writing platform
Discover LudwigExact(60)
Schonfeld acquired the distressed company's assets–its traders, computers and software systems.
Cameron said while the bank had tried to impose ethical values on its traders, it could not control their behavior.
Another option would be to shut the group or let its traders spin it off into a separate fund or funds and seek capital from outside investors.
The City's futures market is betting on a rise to 5% by the end of 2004, but its traders often get it wrong.
The company lost around $6bn as it failed to "keep watch" over its traders as they overvalued their portfolio to hide large losses.
One asked a hedge fund in America if it would mind having a private investigator put on its traders for a couple of weeks.
It agreed to pay $1.5 billion last year to settle claims that its traders and managers had manipulated global benchmark interest rates for years.
Since it never has to buy anything to stick to an index, its traders have often been able to drive harder bargains on securities pricing.
He added that after the previous problems with Glencore's cotton business, it remained unclear how Glencore could separate Viterra's assets from its traders.
Its traders made the right bets, early on.
Intrade is based in Dublin, though many of its traders live in the United States.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com