Wednesday, 17 September 2014
Last updated 2 hours ago
Jan 11 2011 | 5:59am ET
The New York Mercantile Exchange says that Centaurus Energy is a serial offender of its natural gas trading limits.
The Houston-based firm’s Energy Master Fund has violated the exchange’s position limits on Henry Hub Natural Gas Look-Alike Last Day Financial Futures in November, for the expiring December contract. It was the $5 billion hedge fund’s third such violation in the last two years.
The most recent infraction was a small one: Centaurus had just 5.5 contracts more than it was allowed.
NYMEX fined the firm $15,000 and ordered it to turn over $4,015 in profits.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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