Because post-soccer sadness lingers for hours while after-match joy is fleeting, a loss actually ends up robbing fans of about four times the amount of happiness they might have gained from a win.
British economists prove it: Sports destroy happiness – (Washington Post)
Chicago Trading recently renewed its lease and expanded its footprint by about 27,000 square feet in the 39-story Loop office tower at 440 S. LaSalle St., the company announced.
Trading firm expands at Loop office tower – (Crain’s)
What kind of products will hedge fund firms offer to their new investor? How will they reconcile profits with social responsibility? Will hedge fund firms even exist in the future, or will they have been replaced by artificial intelligence systems? If they do still exist and are still staffed with humans rather than machines, how will hedge firms navigate the coming generational change in leadership?
Innovation is Changing Hedge Funds – (RCM’s Attain Alternatives Blog)
On May 30, we announced the availability of RCM-X execution algorithm strategies on the TT platform. We sat down with Joseph Signorelli, founder and managing partner of RCM-X, to learn more about the company and their offering.
5 Questions with Joseph Signorelli of RCM-X – (TT)
Canadian corn is flowing into Europe at the fastest pace in four years, helped by retaliatory tariffs against the United States by the European Union that has shut American corn out of the bloc, traders said.
Canada feeds European corn appetite as tariff war shrinks U.S. sales – (Reuters)
If the plaintiffs collect anything close to the maximum $50 billion that a global settlement may yield, according to a Bloomberg Intelligence estimate, a handful of attorneys could pocket at least one-quarter of that.
Justice for Opioid Communities Means Massive Payday for Their Lawyers – (Bloomberg)
“Everything we’re doing,” he says, “is centred on the ways in which efficient market theory isn’t true”.
Winton’s David Harding on Turning Away From Trend Following – (Risk.net)
Bitcoin took a significant step toward becoming a mainstream financial instrument this week, as two institutional investors completed the first-ever exchange for physical (EFP) transaction involving bitcoin futures.
Institutional Investors Swap Bitcoin Futures for Physical BTC in Wall Street First – (CCN)
But we aren’t here to discuss why the stock fell the way it did (if we had to guess, its because kids don’t want to be on a social network with their mom’s and grandmas), but we are interested in the drop itself. Turns out, Facebook’s move is a 4 sigma event.
Faecbook’s 4 Sigma Event – (RCM’s Attain Alternatives Blog)