Client Challenge

Client Challenge

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Gold opens above $4,300 as rate outlook remains unclear

Gold opens above ,300 as rate outlook remains unclear

Gold () futures opened at $4,330 per troy ounce Monday, nearly even with Friday’s closing price of $4,328.30. The price of gold moved above $4,370 in early trading. After the widely anticipated rate reduction by the Fed last week, gold traders are looking ahead to the Fed’s next rate action. One complication — for the … Read more

Why a Fund Has a $194 Million TIC Solutions Bet Despite a 20% Drop Since Its NYSE Listing

Why a Fund Has a 4 Million TIC Solutions Bet Despite a 20% Drop Since Its NYSE Listing

Key Points Dallas-based Permian Investment Partners increased its TIC position by nearly 4.9 million shares in the third quarter. The move contributed to a net value change of about $86.9 million. As of September 30, Permian holds about 14.6 million TIC shares valued at $193.9 million, comprising about 21.9% of fund assets and making this … Read more

Client Challenge

Client Challenge

Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. #Client #Challenge

Wheat Posting Monday AM Losses

Wheat Posting Monday AM Losses

Wheat is down across most contracts on Monday morning. The wheat complex closed Friday with losses. Chicago SRW futures were down 4 to 5 cents in most contracts, as March was down 6 ½ cents on the week. Open interest on Friday was up 1,680 contracts. KC HRW futures were 4 to 5 cents on … Read more

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