Briefings
Week InReview: November 1, 2019
- By: admin
- On: 11/01/2019 11:38:27
- In: 2019 Briefings
Repo riches.
"Exiles from Wall Street's old proprietary trading desks were among those who cashed in on September's spiking repo rates, and now they're lining up for the next big move.
"Tucked away at funds from Sydney to Boston, traders who make their livelihood arbitraging dislocated market rates are eyeing another windfall like the repo madness that caught the Federal Reserve on the back foot and left the likes of Jamie Dimon largely on the sidelines."
Ex-prop traders who won big on repo are ready for next big spike
"Exiles from Wall Street's old proprietary trading desks were among those who cashed in on September's spiking repo rates, and now they're lining up for the next big move.
"Tucked away at funds from Sydney to Boston, traders who make their livelihood arbitraging dislocated market rates are eyeing another windfall like the repo madness that caught the Federal Reserve on the back foot and left the likes of Jamie Dimon largely on the sidelines."
Ex-prop traders who won big on repo are ready for next big spike
Read entire Week InReview: November 1, 2019