‘Hanky-panky?’ Traders pocket ‘stunning’ profits after Trump’s comments on trade talks goose the stock market!
By Shawn Langlois
Published: Oct 19, 2019 7:10 a.m. ET
One windfall, in particular, triggered Twitter TWTR, -1.57% buzz. On June 28, a trader, or group of traders, snatched up 420,000 September e-minis, which amounted to about 40% of the total trading volume, shortly before the closing bell. Trump the following weekend emerged from a meeting with President Xi to say the trade talks were “back on track.” The market cheered the announcement and stocks rallied enough to apparently turn that trade into a $1.8 billion profit.
https://www.marketwatch.com/story/hanky-panky...stock-mark