Posts tagged as: Buttonwood

Ethanol and Kospi trading losses

96 comments / January 8, 2013

Knight went down on a single system glitch. Buttonwood lost it all on a rogue trader in Ethanol futures in December. This product is uncharted territory for me, but I’m told its closely connected to other commodity futures such as corn. The trader had a reputation among other Ethanol traders. According to unconfirmed chatter hisRead more

Buttonwood collapsed under rogue trading

33 comments / January 6, 2013

The Chicago based trading firm Buttonwood Trading Group is history after a rogue trading incident in the commodity market wiped their balance sheet in December. The firm employed some 50 employees and has a stake in several other trading companies across the world – according to their cheap website. By the way, they even appearRead more