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Tag Archives: LongFin

NASDAQ’s Longfin options tangle; Creative FX trades; Manipulation talk Newsletter,Options

Lead Stories Now NASDAQ gets in a tangle Jamie Powell – Financial Times Last month we published a story on Longfin, a Nasdaq listed trade-finance company with a tenuous link to blockchain technology and hence an excessively high market capitalisation. To recap, FTSE Russell decided to add Longfin to its Russell 2000 and 3000 small-cap indexes. Index funds then bought shares for their various products. There was one problem though. /goo.gl/7p4WD7 ****SD: “Tomorrow, 26,951 of Longfin put options will expire, representing 2,695,100 shares as each options contract is for 100 shares. In other words, the rights to sell account for…

US exchanges to face lawsuit over dealings with HFT; TCI fails in bid to oust London Stock Exchange chairman John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Hamilton’s Report on Manufactures: Hamilton reasoned that to secure American independence, the United States needed to have a sound policy of encouraging the growth of manufacturing and ensure its future as a permanent feature of the economic system of the nation. @Wikipedia~JJL Beware – next time you’re surfing around the internet, you might be the victim of “cryptojacking”, websites that “hijack” your CPU to mine a particular cryptocurrency (though not bitcoin as that mining now requires specialized, higher power hardware). The folks at Merriam-Webster better be taking a lot of notes on all…