Whats Tacgnol? I was told this is why china stocks are crashing.

[prc117f]

Is that some kind of trading firm like Goldman Sachs but notorious for causing market crashes since 1929???, I was told that Tacgnol is shorting china and GLD in massive positions.

never heard of them? how could such a firm exist for so long and be allowed to crash markets?

 

[syswizard]

Doesn't exist with that name.
Interestingly, this domain has been taken: http://www.tacgnoltrading.com/
But there is no server behind it.

 

[xandman]

It's really mostly shadow operations.

Sadly, governments of the world continue to let them operate with impunity.

 

[zdreg]

It's really mostly shadow operations.

Sadly, governments of the world continue to let them operate with impunity.

is it a co. or is it a cabal or is it nonexistent?

what shadow operations are you referring to?

 

[jsp326]

No idea, but China has a lot of issues...including a runaway bull market that was fueled by debt.

 

[xandman]

With Short Sellers being restricted from selling, who would suddenly pull the bid from underneath such a big market? And, reinstate the bid to produce an orderly markdown with very little movement in the daily range.

Government? HFT Market Makers? Tacgnol!

 

[xandman]

is it a co. or is it a cabal or is it nonexistent?

what shadow operations are you referring to?

Very similar to Temasek Holdings of Singapore which was modeled after Tacgnol. It will not turn up in any Chinese search sites because of intense secrecy.

https://en.wikipedia.org/wiki/Temasek_Holdings

 

[syswizard]

Very similar to Temasek Holdings of Singapore which was modeled after Tacgnol. It will not turn up in any Chinese search sites because of intense secrecy.

https://en.wikipedia.org/wiki/Temasek_Holdings

Indeed:
"However, the purported difficulty in measuring transparency of sovereign wealth funds should mean that the existence of such an index itself is highly questionable."

 

[aqtrader]

Is that some kind of trading firm like Goldman Sachs but notorious for causing market crashes since 1929???, I was told that Tacgnol is shorting china and GLD in massive positions.

never heard of them? how could such a firm exist for so long and be allowed to crash markets?

Chinese government considers short selling is evil and illegal, and has ordered the police to investigate those who dare to do so. Wondering how they can do to those guys.

 

[xandman]

An interesting twist. Goldman Sachs, an obvious opinion leader, is now saying that China troubles CAN delay the Fed's Sep rate hike.

http://www.cnbc.com/2015/07/27/stocks-have-further-to-correct-fear-panda-bear-market.html