Options volume for an exchange-traded fund that replicates a short position on the dollar against currencies such as the euro and yen surged to a record amid bets on reduced volatility in the greenback.
In life, Irzen Octa ranked among the least significant of Citigroup Inc.’s 200 million customers. In death, the cash-strapped small-businessman from Jakarta has come to haunt the reputation of the world’s 8th-biggest bank.
Investors who expect Foot Locker Inc. to rebound after falling the most in five months yesterday should buy bullish options on the largest U.S. athletic shoe store chain, Susquehanna Financial Group LLLP said.
New York City’s $37 billion pension fund for schoolteachers plans to hire Hamilton Lane Advisors as a consultant as it reevaluates its private-equity investments, according to a person briefed on the decision.
Residential Capital LLC can’t use the pending examiner’s report to justify a nine-month expansion of the exclusive right to propose a reorganization plan, Aurelius Capital Management LP argued in papers filed yesterday in bankruptcy court.