Bank One’s executive turnover nearly complete
With the departure of David Bolger from Bank One Corp. on Monday, Chief Executive Jamie Dimon will have lost all but one of the 11 most senior executives in the...
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Anguish for options traders
It's always disappointing to lose money when you work in the markets. But it is especially galling when you believe you were on the opposite side of trades initiated by...
Anguish for options traders
It's always disappointing to lose money when you work in the markets. But it is especially galling when you believe you were on the opposite side of trades initiated by...
Tracking trades overseas difficult
On the Thursday after the terrorist attack, Chicago Board Options Exchange market maker Jon Najarian noticed that trading in options contracts on American and United Airlines stock had been remarkably...
Bearish analyst alters tune on banks
All year, Sean Ryan has been one of the most bearish analysts on the banking industry. But as the market went into virtual free-fall last week in the wake of...
U.S. tries to track options, assets
The investigations into Osama bin Laden's finances and of suspicious stock trading in the days before the World Trade Center attack could yield much useful information, Middle East analysts say,...
Terrorist trade probe widens
Securities regulators around the world are investigating whether the terrorists involved in last week's attack profited in financial markets, possibly by buying options on the stock of United Airlines, Boeing,...
An emotion-laden return
An emotional weight lingered over the floors of Chicago's exchanges Monday, tempering the usual uproar that would accompany a surprise Federal Reserve rate cut and extraordinary volume and price movement...
Emotions still raw as traders return
Traders in Chicago's futures and options markets had an emotional return to work today after the exchanges' longest interruption in history, with prices plummeting initially, then briefly stabilizing before falling...
Emotions still raw as traders return
Traders in Chicago's futures and options markets had an emotional return to work Monday after the exchanges' longest interruption in history, with prices plummeting initially, then briefly stabilizing before falling...