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Derivatives

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Murder suspect Luigi Mangione.

When free markets collide with poor taste. Bets on CEO murder test limits

Futures trading is pushing far beyond actual risk hedging or other legitimate economic purposes by offering wagers related to CEO Brian Thompson’s death in the US.

  • Lydia Beyoud

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EToro is a major Rugby Australia sponsor.

ASIC warns sellers of ‘financial heroin’ over their mass marketing

The corporate watchdog has told sellers of high-risk financial betting products to clean up their act.

  • Sarah Danckert
eToro is a major sponsor of the Wallabies.

The ‘financial heroin’ product that ASIC is trying to bust

Having a win represents a massive high. But if punters lose, withdrawal is financially painful.

  • Elizabeth Knight
Steve Smith’s at the recent test in Sri Lanka.

ASIC action forces trading house spruiked by Steve Smith to close

Trade360 owner Sirius Financial is accused of enlisting an offshore call centre to flog its high-risk products that led to significant harm, including one customer losing $400,000.

  • Sarah Danckert
SHorting explainer

From Gosling to GameStop, ‘shorting’ is having a moment. But what exactly is it?

Shorting someone of change is pretty clearly a bad thing – but what about “shorting” a company?

  • Millie Muroi
The volatility in oil prices is set to continue.

The toxic cocktail sparking a commodity crisis

Geopolitical, market and financial volatility can generate unintended and unpredictable consequences. Russia’s invasion of Ukraine and the West’s response are providing a dramatic illustration of how combustible that combination can be.

  • Stephen Bartholomeusz
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The London Interbank Offered Rate, or LIBOR, is about to disappear.

Will the end of ‘the world’s most important number’ be a Y2K moment?

LIBOR, the world’s key benchmark for trillions of dollars of loans and other financial contracts for half a century, will be largely disappear on January 1.

  • Stephen Bartholomeusz
Alex Saunders has been ordered to pay a follower nearly $500,000.

‘Finfluencer’ follower wins nearly $500,000 in court over failed investment

The case marks the first time in Australia that a follower of a cryptocurrency influencer has successfully sued the celebrity trader for losses incurred on an investment.

  • Sarah Danckert
Archegos is run by Bill Hwang, a former Tiger Management fund manager who pleaded guilty to insider trading in 2012 and paid $US44 million to settle the charges.

Greed is not good: Hedge fund’s implosion hurts some of the world’s biggest banks

There’s no mystery about why a collection of the world’s larger and important banks lined up to provide so much funding and leverage to a character with Bill Hwang’s history.

  • Stephen Bartholomeusz
The amateurs on online trading groups and platforms have the professionals looking over their shoulders.

CommSec among brokers slow to pass on ASX fee refunds

The ASX decided to refund fees to derivatives traders impacted by a outage of the key service for options trading. But almost two weeks after money started flowing, some brokers have been slow to pass on the rebates.

  • Charlotte Grieve

Original URL: https://www.theage.com.au/topic/derivatives-hvi