4 Sarao
traded a ton of E-mini
futures during the flash crash — «62,077 E-mini S&P contracts with a notional value of $ 3.5 billion» — and made «approximately $ 879,018
in net profits» that day, or a profit of about 2.5 basis points on the notional amount, which I guess isn't
bad for one day's work.
In the base metals complex, only nickel and tin traded higher for the quarter.4 A slow start to Chinese restocking coming out of the Chinese New Year holiday weighed on prices for copper and aluminum, both of which saw their worst quarterly results in years, while zinc and lead prices also declined.4 The London Metal Exchange (LME) Index, which tracks the three - month futures prices of all six metals, fell 6.3 %.4 LME copper -LRB--7.4 %, to US$ 6,714 per mt) and other industrial metals erased some of their 2017 gains, falling alongside a sharply decelerating expansion in China's manufacturing activity — sparking demand concerns and greater caution among hedge funds and other speculators who cut their net long positions in the metal.4 Outside the LME, US steel was buoyed by trade policy change
In the base metals complex, only nickel and tin
traded higher for the quarter.4 A slow start to Chinese restocking coming out of the Chinese New Year holiday weighed on prices for copper and aluminum, both of which saw their
worst quarterly results
in years, while zinc and lead prices also declined.4 The London Metal Exchange (LME) Index, which tracks the three - month futures prices of all six metals, fell 6.3 %.4 LME copper -LRB--7.4 %, to US$ 6,714 per mt) and other industrial metals erased some of their 2017 gains, falling alongside a sharply decelerating expansion in China's manufacturing activity — sparking demand concerns and greater caution among hedge funds and other speculators who cut their net long positions in the metal.4 Outside the LME, US steel was buoyed by trade policy change
in years, while zinc and lead prices also declined.4 The London Metal Exchange (LME) Index, which tracks the three - month
futures prices of all six metals, fell 6.3 %.4 LME copper -LRB--7.4 %, to US$ 6,714 per mt) and other industrial metals erased some of their 2017 gains, falling alongside a sharply decelerating expansion
in China's manufacturing activity — sparking demand concerns and greater caution among hedge funds and other speculators who cut their net long positions in the metal.4 Outside the LME, US steel was buoyed by trade policy change
in China's manufacturing activity — sparking demand concerns and greater caution among hedge funds and other speculators who cut their net long positions
in the metal.4 Outside the LME, US steel was buoyed by trade policy change
in the metal.4 Outside the LME, US steel was buoyed by
trade policy changes.