BMO Jan 2025 65.000 put
| Previous close | 0.5300 |
| Open | 0.5000 |
| Bid | 0.3000 |
| Ask | 0.4000 |
| Strike | 65.00 |
| Expiry date | 2025-01-17 |
| Day's range | 0.5000 - 0.5300 |
| Contract range | N/A |
| Volume | |
| Open interest | 90 |
ReutersUS appeals court voids $564 million verdict against Bank of Montreal in Ponzi case
Bank of Montreal persuaded a U.S. appeals court on Thursday to throw out a $564 million jury verdict against a subsidiary over its role in an approximately $3.65 billion Ponzi scheme run by convicted Minnesota businessman Tom Petters. Citing a similar case involving Bernard Madoff, the 8th U.S. Circuit Court of Appeals said a court-appointed trustee for the now-bankrupt Petters Co could not recover on behalf of its creditors because that firm had helped orchestrate the fraud. The 3-0 decision by the St. Paul, Minnesota-based court overturned a November 2022 jury verdict, and directed that trustee Douglas Kelley's case against BMO be dismissed.
BloombergCanada Jobless Rate Jumps to Highest Since 2017 Outside Covid
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BloombergUS Yield Curve Disinverts as Soft Labor Data Fuels Fed Cut Bets
(Bloomberg) -- A key segment of the US Treasury yield curve briefly turned positive as weaker-than-anticipated labor-market data bolstered bets on steep interest-rate cuts by the Federal Reserve.Most Read from BloombergHow Air Conditioning Took Over the American OfficeHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatThe Outsized Cost of Expanding US RoadsTreasuries jumped on Wednesday — led by shorter-maturity notes that are more sensitive to the Fed’s monetary policy — after US job open
