Tag: trading
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AI use lifts participation in WorldQuant contest
Oct 8 : Hedge fund WorldQuant said on Wednesday registrations for this year’s flagship global quant research contest have almost doubled from a year earlier, as increased adoption of AI has helped more university students build trading models.Here are more details:• The International Quant Championsh
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Kalshi’s $400 million-plus monthly commodity trade volume outpaces early crypto growth
Sept 8 : Prediction market startup Kalshi said on Tuesday monthly commodities trading volume on its platform was four times that of cryptocurrency at the same point, seven months after launch.Here are more details: • Commodities trading reached more than $400 million of monthly volume, the company sa
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Standard Chartered launches institutional spot crypto trading in UAE
Sept 3 : Standard Chartered said on Thursday it had launched cryptocurrency spot trading in bitcoin and ether for institutional clients in the United Arab Emirates, becoming the first global systemically important bank to offer the service in the Gulf country.Here are the details: • The bank said el
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Ex-congressman George Santos banned from betting platform Kalshi for life
The prediction market operator Kalshi says Santos made barred trades and misleading comments that influenced prices.
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Fast-fashion retailer Shein shares fall more than 10% in pre-debut trading
HONG KONG, Aug 31 : Shares of online fast-fashion retailer Shein slumped more than 10 per cent in gray-market trading on Monday, one day ahead of its Hong Kong Stock Exchange debut.The company raised $1.7 billion at HK$48.56 a share, valuing it at about $26.5 billion, according to sources who declined to be i
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Fast-fashion retailer Shein shares fall at least 10% in pre-debut trading
HONG KONG, Aug 31 : Shares of online fast-fashion retailer Shein dropped more than 10 per cent in gray-market trading on Monday ahead of its Hong Kong Stock Exchange debut on Tuesday. The company raised $1.7 billion at HK$48.56 a share, valuing the company at about $26.5 billion, sources told Reuters. Shein’
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Hong Kong exchange to launch Shein derivatives after trading debut next week
Aug 28 : Hong Kong’s bourse operator will allow short selling of Shein’s shares after the fast-fashion retailer makes its trading debut on September 1 as well as launch weekly and monthly options and derivative warrants, it said on Friday. Here are some details:• Shein weekly and monthly options will
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Momentum, leveraged trading keep software stocks on roller coaster
Aug 26 : U.S. software shares have been on a roller coaster and more wild rides likely lie ahead, thanks to AI-driven uncertainty and the rise of trading strategies that investors say are accentuating the swings in popular technology sectors. After hitting a record high on October 28, the S&P 500 software and
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Who does Iran trade with and what could Trump’s ‘economic D-Day’ mean?
Iran is no stranger to US sanctions and has developed deep economic ties with several countries.
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SpaceX stock climbs as shares available for trading more than double
Aug 6 : SpaceX stock rose in heavy trading on Thursday, as the number of shares available for public trading more than doubled following the expiry of the first of several lockup restrictions.The internet and rocket company’s stock was up 1.4 per cent at $109.86, with over $23 billion worth of the shares exch
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