S&P 500 at 10,000 or bust: New ETF offers investors all-or-nothing bet on the index

Andrew Micallef, EVP, Chief Operations Officer, sold 1,000 shares of NXP Semiconductors N.V. (NXPI -0.59%) on Sept. 15, according to a recent SEC Form 4 filing. Transaction summary Metric Value Transaction value $226,040 Shares sold 1,000 Post-transaction shares (directly held) 7,942 Post-transaction value $1.8 million Transaction value based on SEC Form 4 weighted average sale…

Pathstone, a multi-family office based in Englewood, N.J., has grown from about $1.4 billion in client assets to $200 billion in the past 16 years. A good deal of that was through acquisition. But another, more creative factor is getting client referrals through community activities ranging from fly-fishing trips to backcountry ski outings. “Our clients…

Robinhood (NASDAQ:HOOD) has launched crypto trading in the UK. In a release, Robinhood said it was rolling out crypto trading to eligible UK customers beginning this week. The move mirrors competitor Coinbase, which has moved in the opposite direction, first offering crypto trading and then adding traditional securities in the UK market. The launch of…

Modest Overnight Weakness on Oil and Corporate Issuance. It’s as good of a day as any to revisit our primer on corporate debt issuance given that it’s having an impact on bonds today.  Alphabet announced a $25bln bond offering around 7:45am ET, and yields instantly moved 2bps higher. Before that, there was nearly 2bps…

Victoria has made its rental taskforce permanent, with expanded resources set to increase scrutiny of landlords and enforcement across the state’s rental market. Following the completion of its initial two-year project, the Renting Taskforce became a permanent part of Consumer Affairs Victoria, with expanded resources in a bid to continue its crackdown on landlords. The…