What a block: Why the year's biggest trade has divided the street - The Australian Financial Review


6/8/2022 12:00:00 AM2 years 10 months ago
by Jonathan Shapiro

BHP tasked JPMorgan with the biggest block trade of the year. But there’s fierce division over whether its foreign shareholders were looked after.

Now, this was a sale that was transparent and well flagged for weeks. Fast money hedge funds had positioned accordingly by shorting Woodside shares ahead of the sale and expected to cover their posit… [+4275 chars]

full article...