Monday, 1 September 2014
Last updated 3 days ago
Oct 14 2011 | 7:51am ET
More than five years after it imploded, Amaranth Advisors has settled a class-action lawsuit accusing it of market manipulation.
The Greenwich, Conn.-based firm had been accused, both by the plaintiffs and the Commodities Futures Trading Commission, of attempting to manipulate the same natural gas markets that would turn against it in 2006, costing the firm $6.6 billion and its existence. But, according to a court order earlier this month, the plaintiffs and Amaranth have reached a tentative settlement.
U.S. District Judge Shira Scheindlin is set to hold a hearing on the matter at the end of next month.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...