Browse Shares Archive
Bad credit hits extended settlements
Traders are paying premiums of up to 1% for extended settlement as the credit crunch bites. Settlement times of T+10 and T+20 have always been useful for those wishing to dip in and out of a stock without ever owning it.
If you thought a share was going to rise in a ten or 20-day window...
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Action group takes on Northern Rock
Private investors in stricken bank Northern Rock (NRK) are being urged to support resolutions proposed by hedge funds SRM Global Fund and RAB Special Situations at next Tuesday’s (15 January) EGM.
SRM and RAB have used their combined 18% holding to demand the meeting where they will put...
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