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The fall of a trading titan

Financial Times LogoFinancial Times14h ago

The fall of a trading titan - Financial Times

Quick Summary:

Billionaire Michael Platt’s firm BlueCrest Capital Management has gained almost 15 per cent so far this year after making bets on currency and bond markets.

Markets have been rattled by Trump’s on-off approach to tariffs on US trade partners, while a crackdown on immigration and cuts in the public sector have led to fears that inflation may surge and GDP growth could slow.

But as Kaye Wiggins writes in this gripping tale for the FT’s Weekend magazine, Sadler has been accused of insider trading, in a Hong Kong criminal case that has struck at the heart of the “block trading” model.


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Article Details

Author / Journalist: Emma Dunkley

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-17 @ 06:00:59 (14 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 1199 words

Reading Time: 7 minutes read

Sentences: 51 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 27073802

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 9 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

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