Using options to trade an index that's become a swing trader's dream – CNBC
The small-cap benchmark Russell 2000 is a swing trader's dream. Here we will explain how to trade using options. Although it is very volatile and exhibits wild ups and downs, the one-year daily chart shown below clearly shows how its movements are confined to well-defined trading ranges. Indices frequently fluctuate between established support and resistance […]
Trader's 'fat finger' costs Citi $79 million after U.K. fines bank over mistake that triggered 2022 market crash – Fortune
It’s officially one of the most expensive typographical errors in history. UK financial regulators have fined Citigroup Global Markets (CGML) $79 million for a typographical error. “Fat Finger” Trade One of the company’s employees was misplaced, causing a small market crash in 2022. Two years ago, a trader Citi Subsidiaries It did a standard transaction […]