Chris Whittall
@chriswhittall.bsky.social
Associate Editor, derivatives and secondary markets, at IFR. Views all mine.
Ellison had pledged 346m of Oracle shares (worth >$100bn) as collateral for loans as of mid-September, or 30% of his stake
That was up from 277m shares, or 24% of his stake, a year earlier
That suggests Ellison increased his borrowing capacity with his bank lenders over that time
That was up from 277m shares, or 24% of his stake, a year earlier
That suggests Ellison increased his borrowing capacity with his bank lenders over that time
October 6, 2025 at 1:18 PM
Ellison had pledged 346m of Oracle shares (worth >$100bn) as collateral for loans as of mid-September, or 30% of his stake
That was up from 277m shares, or 24% of his stake, a year earlier
That suggests Ellison increased his borrowing capacity with his bank lenders over that time
That was up from 277m shares, or 24% of his stake, a year earlier
That suggests Ellison increased his borrowing capacity with his bank lenders over that time
Larry Ellison, like Elon Musk, is a longtime user of margin loans, using his 41% Oracle stake as a source of cash for his business dealings
That stake has become a lot more valuable over the past year as Oracle has positioned itself as a beneficiary of the AI boom and its shares have soared
That stake has become a lot more valuable over the past year as Oracle has positioned itself as a beneficiary of the AI boom and its shares have soared
October 6, 2025 at 1:14 PM
Larry Ellison, like Elon Musk, is a longtime user of margin loans, using his 41% Oracle stake as a source of cash for his business dealings
That stake has become a lot more valuable over the past year as Oracle has positioned itself as a beneficiary of the AI boom and its shares have soared
That stake has become a lot more valuable over the past year as Oracle has positioned itself as a beneficiary of the AI boom and its shares have soared
Retail is famously active in 0DTEs (representing 50-60% of volumes)
But it's also notable that institutional expansion has been even faster lately - up 70% in 2025
"0DTE flow is very systematic and balanced, we don’t only see one type of client or one type of trading strategy dominate"
But it's also notable that institutional expansion has been even faster lately - up 70% in 2025
"0DTE flow is very systematic and balanced, we don’t only see one type of client or one type of trading strategy dominate"
October 6, 2025 at 1:01 PM
Retail is famously active in 0DTEs (representing 50-60% of volumes)
But it's also notable that institutional expansion has been even faster lately - up 70% in 2025
"0DTE flow is very systematic and balanced, we don’t only see one type of client or one type of trading strategy dominate"
But it's also notable that institutional expansion has been even faster lately - up 70% in 2025
"0DTE flow is very systematic and balanced, we don’t only see one type of client or one type of trading strategy dominate"
Makes the whole Cac40 -2%, euro off 0.6%, 30yr OAT yields 9bp higher look fairly sedate by comparison!
October 6, 2025 at 8:56 AM
Makes the whole Cac40 -2%, euro off 0.6%, 30yr OAT yields 9bp higher look fairly sedate by comparison!
October 6, 2025 at 8:54 AM
Makes the whole Cac40 -2%, euro off 0.6%, 30yr OAT yields 9bp higher look fairly sedate by comparison!
Worth noting this comes amid a surge in trading volumes
It's now the $9.6trn a day FX market, up from $7.5trn in 2022
And the $7.9trn a day interest rate derivatives market
Helps that the BIS's survey took place in April during the tariff volatility
It's now the $9.6trn a day FX market, up from $7.5trn in 2022
And the $7.9trn a day interest rate derivatives market
Helps that the BIS's survey took place in April during the tariff volatility
September 30, 2025 at 1:27 PM
Worth noting this comes amid a surge in trading volumes
It's now the $9.6trn a day FX market, up from $7.5trn in 2022
And the $7.9trn a day interest rate derivatives market
Helps that the BIS's survey took place in April during the tariff volatility
It's now the $9.6trn a day FX market, up from $7.5trn in 2022
And the $7.9trn a day interest rate derivatives market
Helps that the BIS's survey took place in April during the tariff volatility
I think it's more of a case of consolidation/mergers in a sector where many active managers are under pressure
September 29, 2025 at 9:22 AM
I think it's more of a case of consolidation/mergers in a sector where many active managers are under pressure