Investments

In need-for-speed markets lashed by the spreading coronavirus, this breed of rules-based trading is paying off.

The funds are trading at staggering discounts to their net asset values in what some have dubbed an “illiquidity doom loop.”

Five of the top seven performers this year carry AA ratings.

Market plunges are normal and stocks are likely to recover and earn a positive return over the long term, says an expert.

The fund paid out about $150 billion in redemptions Thursday, all in cash.

The platform aims to "assist … in meeting demands for redemptions” as alarm over the coronavirus continues to cause strains in short-term funding markets.

An imagined conversation with the legendary Vanguard founder about the coronavirus market crash.

The firm had received margin calls from counterparties including BNP Paribas after its trades went awry, people familiar with the matter said.

Clients are advised to keep some of their savings in cash and focus on their long-term prospects.

“Americans need to know they have access to their money," Treasury Secretary Steven Mnuchin said.

First, prove you’re listening; then make sure they know you’re taking action to protect their portfolios.

Funds with higher risk profiles — high-yield and emerging markets — are now paying the price.

The VanEck fund’s sell-off was so violent that it triggered the SEC’s alternative uptick rule.

The affected system is typically used to process algorithmic trades from hedge funds and decides how and when to send trade requests to different venues.

“This is a demand and supply shock,” Jay Clayton said, adding that he’s concerned businesses might not have access to all the credit they need.

Retirees tapping their long-term savings accounts for income in an emergency are advised to strongly consider reducing their withdrawal rates.

The negative superlatives for American stocks are piling up.

Lenders have been ringing up investment firms and hedge funds to garner interest in financing to companies in industries upended by the coronavirus.

The tumult is the latest example of the pressures that the firm faces as an upstart in the hyper-competitive and tightly regulated brokerage business.

The outage hit the group’s Morcom electronic trading platform, which employees use to place orders on behalf of wealthy clients.