Firsts Home

Equity & Derivatives Companies, sectors, M&A and the financial industry
Reuters reveals Waddell as mystery futures trader in market plunge 05.14.2010 Reuters was the only news organization to identify the big mystery seller of futures contracts in the heart-stopping slide of almost 1,000 points in the Dow Jones industrial average a week ago. On Friday, Reuters revealed that it was wasn’t a hedge fund or a high frequency trader but money manager Waddell & Reed that on May 6 sold a large order of e-mini contracts during a 20-minute span. Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

Equity & Derivatives

Companies, sectors, M&A and the financial industry

Reuters reveals Waddell as mystery futures trader in market plunge

05.14.2010

Reuters was the only news organization to identify the big mystery seller of futures contracts in the heart-stopping slide of almost 1,000 points in the Dow Jones industrial average a week ago. On Friday, Reuters revealed that it was wasn’t a hedge fund or a high frequency trader but money manager Waddell & Reed that on May 6 sold a large order of e-mini contracts during a 20-minute span.

Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here