TimesSquare Capital Management, an equity investment management company, released its “U.S. Mid Cap Growth Strategy” first-quarter investor letter. A copy of the letter can be downloaded here. The first quarter’s performance for US small to mid-cap stocks was barbelled. In the first quarter, the strategy returned 10.16% (gross) and 9.95% (net) while the Russell Midcap […]
The online brokerage firm says it is considering legal action to recoup the loss from a wild trading day earlier this month.
Interactive Brokers (IBKR) posts a $48-million loss after an NYSE trading disruption. IBKR is assessing its options to recover the money, including probable legal action.