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Gary Wright

Archive for: March, 2008

Gary Wright - BISS Research - London | 31/03/2008 | 3873 views | 6 comments

Is MiFID yesterday's news?

For the last two years there has been no end of so called experts announcing how MiFID would totally change the securities market in Europe. Noticeably their message of gloom was modified as MiFID neared towards implementation and no clouds had been spotted to fulfil the MiFID soothsayers, scaremongering and trying to panic the market. After MiFID ... Tags: Trade execution, Risk & regulationGroup: MiFID

Gary Wright - BISS Research - London | 28/03/2008 | 2736 views

Sheep lead HBOS down

According to the FSA the recent HBOS share plunge was caused by traders depressing the share price and selling short with the opportunity to buy back once the rumour becomes unfounded and the market realizes the real share price. This is serious market manipulation and comes directly under the market abuse directive.Its worth looking at the record ...

Gary Wright - BISS Research - London | 26/03/2008 | 3929 views

HBOS nosedive due to stock borrowing?

The recent stories about HBOS share price manipulation stated that stock borrowing and lending was misused to assist in the lowering of the share price. Rumors were created and circulated around the market about HBOS, which created an artificial situation where traders took large short positions hoping to buy back as the share priced dropped making...

Gary Wright - BISS Research - London | 19/03/2008 | 2012 views

A spark to ignite Corporate Finance

Over the last two years I have been researching the technology requirements to support primary market transaction and other activities in the Corporate Finance department. As an ex City professional I often worked closely with Corporate Finance to organise settlement in the primary market and had the privilege of working on some of the most innovat...

Gary Wright - BISS Research - London | 19/03/2008 | 2279 views

Bear Stearns the end of the beginning?

How deep is the credit crisis? That must be the question on everyone's mind at the moment. Pundits have been trying to answer this question ever since the term credit crunch was first heard in the USA and is now being heard loud and clear in Europe. The Northern Rock saga accelerated attention beyond the finance industry into the view of a now ...