Market News: NSCC-2022-003 Approved
NSCC-2022-003 has been APPROVED. The filing replaced NSCC-2021-010 which was withdrawn on March 25th of 2022. The rule aims at providing a more stable environment for market participants and I’m going to break it all down below. Let’s get…
Hedge Fund Tiger Global on Brink of Shutting Down?
Hedge fund Tiger Global is on the brink of collapsing. WSJ reports the hedge fund is lost 52% for the year up to May. It was down 34% this year through March but the institution keeps sinking. Melvin Capital threw in the towel after suffering several…
The Tiger Cubs Are on The Brink of Collapsing
(Bloomberg) Hedge fund managers known as Tiger Cubs are facing serious carnage in the market. The alliance consists of Tiger Global Management, Lone Pine Capital, Coatue Management, Maverick Capital, Viking Global…
Hedge Fund Melvin Capital Is Shutting Down End of June
Hedge fund Melvin Capital, notoriously known by the retail community for betting against GameStop is now closing its doors. 2022 marks the second year in a row the short seller underperforms. Melvin Capital lost a staggering 20.6% the first quarter this…
Goldman Sachs’ Dark Pools Are Under Federal Investigation
Goldman Sach’s dark pools are under investigation according to an SEC report. The SEC published a report highlighting what essentially seems to be a deep audit. This is not the first time Goldman Sachs has been fined or investigated for abusing its…
