Wednesday, 22 April 2015

A newspaper review on a Wednesday

There are plenty of great market tales knocking about in the mainstream press today.

I particularly enjoyed Ben Martin's main story in his market report in The Daily Telegraph. IMI's shares were volatile - gaining 5pc - during yesterday's trading session and Ben found out why: a trader mis-interpreted a Bloomberg story, thinking IMI had received a takeover a bid when in fact the newswire was referring to an Isreael-based company with the same abbreviated name.

In case you missed it, here is a link to Ben's market report:

http://www.telegraph.co.uk/finance/markets/marketreport/11553586/Mistaken-bid-hopes-lift-IMI.html

Elsewhere, Paul Murphy - editor and creator of FT Alphaville - has written an insightful and highly
amusing piece on the "Flash Crash" trader from Hounslow, London. Here is a link to Paul's article:

http://ftalphaville.ft.com

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