JPMorgan Quant Unit Builds Up $100 Billion Trade Book
JPMorgan Chase & Co.'s Strategic Indices business has built a $100 billion derivatives-powered trading book. This unit has been at the forefront of the boom in what are known as Quantitative Investment Strategies, or QIS. Bloomberg's Sam Potter reports on "Bloomberg Open Interest." (Source: Bloomberg)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
30 minutes ago
- Bloomberg
Europe's Mega-Rich Pocket $1 Billion in Stock Sales Spree
European billionaires are cashing in recent gains as the region leads the world's best-performing stock markets this year, reaping about $1 billion in a rare selling spree of their listed holdings. Spotify Technology SA co-founder Martin Lorentzon filed in late May to sell 1 million shares worth about $660 million in the audio giant, the most stock he's offloaded at one time since the Stockholm-based company listed in 2018, according to data compiled by Bloomberg from regulatory filings.
Bloomberg
36 minutes ago
- Bloomberg
EUR/USD to 1.40 is Feasible Overshoot: 3-Minute MLIV
Anna Edwards, Guy Johnson and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
Bloomberg
an hour ago
- Bloomberg
Euro Could Reach $1.40 Within Two Years: Macro Hive
Macro Hive CEO Bilal Hafeez says the euro could reach $1.40 within one or two years. "There has to be an outlet somewhere for dollar weakness," Hafeez tells Bloomberg Television. FX options show growing appetite for medium-term euro upside. Markets now see nearly a 1-in-2 chance of the single currency trading above $1.20 by the end of 2027, a far cry from a year ago where there was talk of parity. (Source: Bloomberg)
