Wednesday, 27 May 2015
Last updated 9 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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…