• Mysterious traders may have made $3.5 billion off stock bets timed to Trump's trade-war comments, Vanity Fair finds

    1 month ago - By Business Insider

    Reuters / Lucas Jackson
    According to Vanity Fair, prior to crucial points that have swung the trade war, investors traded thousands of electronically traded futures contracts on the S&P 500.
    In one case, Vanity Fair said, a trader or a group of traders, made $1.8 billion after buying 420,000 e-minis just before Trump announced talks "were back on track" with China.
    Those isolated trades have totaled to about $3.5 billion.
    "There is definite hanky-panky going on," an unnamed "longtime" Chicago Mercantile Exchange trader told Vanity Fair.
    View Business Insider's homepage for more stories...
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  • Mysterious traders may have made $3.5 billion off stock bets timed to Trump's trade-war comments, Vanity Fair finds

    Mysterious traders may have made $3.5 billion off stock bets timed to Trump's trade-war comments, Vanity Fair finds

    1 month ago - By Business Insider

    Reuters / Lucas Jackson
    According to Vanity Fair, prior to crucial points that have swung the trade war, investors traded thousands of electronically traded futures contracts on the S&P 500.
    In one case, Vanity Fair said, a trader or a group of traders, made $1.8 billion after buying 420,000 e-minis just before Trump announced talks "were back on track" with China.
    Those isolated trades have totaled to about $3.5 billion.
    "There is definite hanky-panky going on," an unnamed "longtime" Chicago Mercantile Exchange trader told Vanity Fair.
    View Business Insider's homepage for more stories...
    Read more ...