(Bloomberg) — The Turkish lira, which trailed emerging market currencies from the Brazilian real to the Russian ruble last year, is attracting bullish recommendations after first-quarter economic growth approached that of China.Barclays Capital, Societe Generale SA and UniCredit SpA say the lira will rise against the dollar in 2010, with forecasts ranging from 6 percent to 12 percent.
Posts Tagged ‘Societe Generale’
Lira Rally Shows Turkey Growth Catching Up to China
April 27th, 2010 
Before You Invest 
Posted in Finance Fraud 
Tags: Barclays, Barclays Capital, Best Performance, Brazilian Real, Chief Economist, Christian Keller, Economic Rebound, Emerging Europe, Emerging Market, Gross Domestic Product, Nine Days, Prime Minister Recep Tayyip Erdogan, Recep Tayyip Erdogan, Rise Against, Russian Ruble, Societe Generale, Thr, Time Lows, Turkish Lira, Unicredit 
Comments OffKnight Boosts Options Staff With Six Traders From Newedge
February 23rd, 2010 Before You Invest (Bloomberg) — Knight Capital Group Inc., which executes the most U.S. equity orders by volume, hired six options traders from Newedge Group and Pali Capital to expand its equity derivatives business.The team will be led by Adam Templeton and Ryan Sylvester from Newedge, where they were co-heads of the strategic options group, according to Reginald Browne, Knight’s co-head of listed derivatives.
Posted in Finance Fraud Tags: Bloomberg, Broker Dealer, Calyon, Capital Group Inc, Changing Hands, Credit Agricole, Equity Orders, Exchange Traded Funds, Fittipaldi, Lichtenstein, Merger Talks, Options Clearing Corp, Options Exchange, Options Exchanges, Options Group, Options Traders, Regulatory Approval, S Trading, Societe Generale, Stock Trading Comments OffKerviel to Stand Trial on Societe Generale Trading Loss in June
February 12th, 2010 Before You Invest (Bloomberg) — Former trader Jerome Kerviel will stand trial for his role in Societe Generale SA’s 4.9 billion- euro trading loss in June, a Paris court said today.
Options Traders Boost Bets VIX Will Jump 74% as Stocks Retreat
January 21st, 2010 Before You Invest (Bloomberg) — Traders speculating stocks will fall boosted bets that the Chicago Board Options Exchange Volatility Index will jump 74 percent by Feb. 17, based on today’s most- active contract.About 37,700 February 32.50 calls on the VIX changed hands, the highest in a week. The security, which has a strike price 74 percent above yesterday’s close, has been the most-traded among VIX contracts for the past two days.
Posted in Finance Fraud Tags: Amp, Bets, Chicago Board Options, Chicago Board Options Exchange, Couple Days, Downside, Equity Gauge, Investor Expectations, Market Swings, Open Interest, Options Trader, Options Traders, Options Volatility, S 500, Societe Generale, Speculating Stocks, Stock Options, Vix Options, Volatility Index, Wien No Comments »Miami Money Manager Arrested in K1 Probe
November 1st, 2009 Before You Invest MIAMI, Oct. 29 (UPI) — A Miami money manager tied to the German hedge-fund firm K1 Group was arrested on money-laundering charges after a sting operation, U.S. prosecutors said.Stefan R. Seuss, a German national living in Miami, was charged with conspiracy and faces up to 20 years in prison on the charge, said the U.S.
Posted in Finance Fraud Tags: Barclays, Barclays Plc, Bnp Paribas, Criminal Investigation, Dietrich, European Banks, Financial Adviser, Geuder, Hedge Fund, Jpmorgan Chase, Kiener, Law Enforcement Officials, Miami Herald, Money Laundering Charges, Money Manager, R Meyer, Societe Generale, State Prosecutor, Sting Operation, Upi No Comments »
