Phoenix Hedge Fund resumes trading
Article Abstract:
Phoenix Hedge Fund L.P. has begun trading again on the Toronto Stock Exchange after it lost about 40% of its net asset value. The massive loss, which was caused by a rogue bond trader's activities, will seek sharholder approval for a plan to dissolve the partnership.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
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Phoenix hedge fund hit by rogue trader
Article Abstract:
Phoenix Hedge Fund Limited Partnership has reported a loss of $7.4 million following unauthorized trading activity by one of the firm's traders. Phoenix Hedge, which is a publicly traded firm, will shut down its operations.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
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Monthly margin lending dips again
Article Abstract:
Canadian margin lending, by investment dealers drops to $9.3 billion.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
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