Traders work on the floor of the New York Stock Exchange in New York City, U.S., March 30, 2022. REUTERS/Brendan McDermidNEW YORK, April 1 - Traders are pointing to a massive quarterly options trade on Thursday they said was from a JPMorgan
Markets have had a rollercoaster quarter due to Russia's invasion of Ukraine, volatile commodities prices and the U.S. Federal Reserve starting to hike interest rates. It was unclear what caused the initial late-afternoon market weakness on Thursday that triggered the cascade of stock futures selling.
Kochuba said that based on past trading patterns and details of investment strategies laid out in the fund's prospectus, the trade was initiated by the JPMorgan Hedged Equity Fund. Systematic traders, often hedge funds, take a rules-based approach in their investments and are often driven by fixed quarterly schedules rather than strong investment themes.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
5 things to know before the stock market opens WednesdayU.S. stock futures fell Wednesday, one day after the Dow and S&P 500 logged four-session winning streaks and the Nasdaq saw back-to-back gains.
Source: CNBC - 🏆 12. / 72 Read more »
Best trades on CNBC Thursday: Pros pick their favorite semiconductor stocks after AMD downgradeA recap of Thursday's best stock picks on CNBC. ASML is a good one But Jim stays silent on QCOM I think they are quietly buying AVGO
Source: CNBC - 🏆 12. / 72 Read more »
Oil stocks suffering broad selloff as crude futures sinkEnergy stocks are taking a broad beating Thursday, as reports that the U.S. is planning a large release of its crude reserves has sent oil prices sharply... We don't buy btc We earn btc From Mining I'm ready to show 10 lucky people how to earn 1BTC ($47951) and more daily! No referral No withdrawal fees If interested, kindly send a Dm
Source: MarketWatch - 🏆 3. / 97 Read more »
Dow down more than 300 points, U.S. stocks edge lower on last day of S&P 500's first losing quarter in 2 yearsU.S. stocks fall Thursday afternoon to cap a quarter in which Federal Reserve monetary tightening and the Russian invasion of Ukraine have weighed on... Trust me I know... You need to thank u...rimbo Joe 🤣🤣🤣🤣
Source: MarketWatch - 🏆 3. / 97 Read more »