Day-trading Davids could take on more worthwhile Goliaths than the hedgies Day-trading Davids could take on more worthwhile Goliaths than the hedgies Nicolas Mackel is CEO of Luxembourg for Finance Some may not agree with the actions of the mostly millennial retail day traders, who together gave hedge funds a bloody nose by coordinating via social media to skyrocket GameStop’s share price, but everyone agrees it is an extraordinary story. People are already talking about the movie [...]
Brexit: A drawbridge to equivalence Diehard Brexit followers will know we are making progress when politicians move from trading soundbites and references to ticking clocks to rejecting each other’s positions on future alignment and regulatory equivalence. This week’s spat — sparked by a sneaky photo revealing the UK wanted “permanent equivalence” and answered by Barnier advising that certain people in [...]
Luxembourg doesn’t want to steal London’s finance crown If a week is a long time in politics, then seven months is practically a lifetime. That is how much time has elapsed, of course, since Britain voted to leave the European Union, and we are now finally learning what Theresa May and her government want from the complex negotiations that are set to follow the [...]
