JPMorgan Chase, the biggest US bank, has revealed a surprise trading loss of at least $2bn (£1.2bn) on complex investments made by its traders.
Category: Trading
Make Money Selling Money
Consider trading foreign currencies, which just a couple of decades ago was an option mostly restricted to big money investors. Now, it’s widely available to the general public, and generating increasing interest.
Most commodity prices fell broadly
Commodity prices fell broadly as a plan to fix Greece’s crippling debt crisis remained far from settled, renewing concerns about global economic growth.
These High-Tech IPOs Are Fueling the Nasdaq Rally
From the depths of the 2009 bottom, the Nasdaq is up 139%, hitting levels it hasn’t seen in more than 10 years.
In the last three months alone, the bellwether index is up nearly 19% — outpacing the 12% gain in the S&P 500.
But here’s the thing: It’s not all about Apple.
The high-tech IPO market is practically on fire. One of them is Jive Software (NASDAQ: JIVE).
Since Jive debuted last December, shares have jumped 25% from the offering price on the first day.
Since then, the stock has done nothing but power ahead. At the close of trading Thursday, Jive had nearly doubled in less than four months!
What are CFDs?
To open a CFD position, you need to deposit only a fraction of the full value of your trade, usually from 2% -30%. CFD trading can offer the possibility of a much better return on your initial investment than you would receive if paying for the trade in full. Conversely, losses will also be amplified, as shown in the example below