129784668203647500_348JPMorgan market caused by traders on the Volcker rule debate
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tera gold, April 9-it is learned, JPMorgan Chase trader bet heavily BrunoIksil credit index derivatives trading out of the investment of a little-known area of enterprise reserves, but also commitment beyond the Federal Government guarantees to banks and the financing risk of fuel the debate. Effect of Ikesil on the market to let him get the Volt in the peerMagic (Harry Potter villain) of the title. He worked for JP Morgan Chief Investment Office in London, here is a collection of 350 billion dollars of investment, 400 assigned to the across the Wall Street Traders control. Although the company clarified its main task is to avoid risks and investing excess cash, but four hedge fund managers, and operators said: trading big footTo move the index and similar ownership stakes, or bet with its own money. These deals first reported by Bloomberg, and this Easter weekend in the United States caused a stir in the policy makers
tera power leveling, the current United States policy makers on the implementation of woerkefa when heated. Senator JeffMerkley in a statement called for the immediate implementation of this rule, and the Republican partyOne Senator BradMiller indicated that, which shows that United States financial law should be implemented on a global scale. CliffordRossi Professor at the University of Maryland are considered United States authorities should know more details before you make a judgement. He said: "it is clear now the attention on the Volcker rule." Rossi had served as flowerBanner Bank Managing Director. Jamie JamieDimon told shareholders last week issued a 38-page letter, said he agreed with the Volcker rule is designed to eliminate "pure" proprietary trading and ensure that market makers are not hurting the banking interests of content is good, but he also stressed the Volcker rule and the restriction of derivative trading rules must not allow United StatesBank at a relative disadvantage of other banks in the world. He wrote: "we cannot and should not be in such a situation, statute of limitations all United States banks operating overseas transactions, but does not limit their international competitors. "The Iksil cause of the note is
tera power leveling, in the last few months of market professionals to Exchange indices for breach of trade startedAccelerated and derivative products in the creation of the 2008 financial crisis. From that time until not so long ago, this type of trade has shrunk, Wall Street banks have stopped creating such a structured debt hedge.
While investors are using credit default swaps, loss of protection to buy corporate debt, or use it to speculate that the company's reputation. Market participants said that when United States AirCompany AMR after filing for bankruptcy, Iksil bet the final victory, AMR's debt insurance expires at that time, 25% hedge fund losses. This is called the index of deals, risks are mainly concentrated in some Member companies. This year Iksil the index made up of 121 investment-grade companies has been bet, according to DepositoryTrAccording to ustClearing, 61% trading volume over the past 3 months the index has risen. But at the end of March the index surge in net volume, increased from $ 90 billion in three months ago to us $ 145 billion at end-March, the index and include Wal-Mart, and is now linked to the Junk-rated credit ratings MBIA Insurance Corporation. (Floating)
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