Nymex had previously bought a 19% stake in Optionable. An option to raise its stake to 40 % suggested that the exchange planned on either eventually buying the brokerage or incorporating it. However, ...

The deal also includes a warrant permitting Nymex to buy a further 21% of Optionable up to a maximum of 40% at $4.30 a share within 18 months of the deal closing, which is expected in the next 60 days ...

The Securities and Exchange Commission has begun an investigation into events that have led to the near collapse of once high-flying commodities broker Optionable Inc., according to a source familiar ...

Last week I gave a presentation titled, "My Gameplan for the Year Ahead - Earn $1,200 a Month". The webinar has had such an overwhelming response that I've decided to focus the next few weeks on the ...

Equity investing is a great way to generate returns. However, there can be other rationales for investing in securities like leveraging a position or hedging risk. Such rationales may be realised by ...

The U.S. Securities and Exchange Commission is reportedly investigating "a variety of transactions" related to the meltdown of Optionable Inc., a New York energy broker at the centre of Bank of ...

Optionable Inc., the tiny energy brokerage that is at the centre of a spiralling trading scandal, sits in a non-descript building in the small town of Valhalla, N.Y. But before its troubles began this ...

Optionable Inc., the New York-area brokerage that Bank of Montreal used for much of its commodity trading before its $680-million loss, has received a grand jury subpoena from the New York district ...

Optionable Inc., the New York brokerage at the centre of Bank of Montreal’s $853 million commodity trading scandal, allegedly showered two former BMO employees with lavish gifts, including gambling ...