from noon until noon again Financial journalist covering ETFs for @etfstream ex @business
Manchester/London/Rapture
Joined March 2010
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asad zulfiqar retweeted
If he wins, this has to go down as one of the best political ads of all time.
asad zulfiqar retweeted
Hudson River Trading has started trading on prediction markets
It's not touching sports and its trades have included up-down markets so far. HRT was also an investor in Kalshi's latest $1b fundraising round.
Scoop today with @DavidPan_1 and @KatLeighDoherty: bloomberg.com/news/articles/…
asad zulfiqar retweeted
There's a brazil ETF domiciled in Japan and it's down 15% today on above avg volume. What a chart. It actually sold off more then it went up on central/right govt hopes = $EWZ is gonna have a DAY.
asad zulfiqar retweeted
Football regulator: I’ll resign if government interferes in Man City case
thetimes.com/article/25c3e70…
asad zulfiqar retweeted
Manchester City Held Settlement Talks With the Premier League share.google/Srs10NAKAodckRN…
asad zulfiqar retweeted
I've been asked SO many times over the past week: Do you feel vindicated? Sod vindication. What I really hope from this clusterfuck is that more people realise there IS a point to investigative journalism. Be discerning who you believe, but do believe good journalism isn't dead.
asad zulfiqar retweeted
Exclusive with @AlexDooler @DNair5
UAE officials have warned the UK government that the severity of Man City’s punishment could undermine their appetite for future grand-scale commitments in Britain, according to people familiar with the matter
They consider the Premier League’s actions to have an influence on the bilateral state relationship, the people said, asking not to be identified discussing undisclosed information
The extraordinary pressure comes after Andy Burnham faced criticism, including from within government, for saying Man City’s Abu Dhabi owners should not be disqualified specifically because of the investment they bring to Britain
bloomberg.com/news/articles/…
asad zulfiqar retweeted
🚨 EXCLUSIVE: Manchester City found guilty on virtually all charges relating to breaches of Premier League financial regulations. #MCFC expected to appeal against verdict issued by independent commission. Sanctions undecided, process ongoing @TheAthleticFC nytimes.com/athletic/7049721…
asad zulfiqar retweeted
The chief economist at Apollo is warning that mass adoption of AI agents could trigger a bank run as they optimize user investments. Gary Gensler spent his last few years as SEC chair warning that the exact same problem will hit the markets: the pursuit of algorithmic perfection at scale destroys system stability. Personal-finance agents making simultaneous optimal decisions could potentially cause a massive flash crash.
Agent acausal coordination, with no messages passed between them, will show up in a lot of places. Markets will get the big headlines, but huge numbers of clever advisors making very similar choices will impact all of human society. Capability gains make this worse, not better. The smarter the agents, the narrower the optimal path; and knowing that other agents see that exact same path lets them move together without talking to each other. Agents do not need to collude to act in unison. Thus, they break no human laws by doing so. Human laws were not written for this. They were not written for a lot of what is coming, and it is about to start happening very fast.
asad zulfiqar retweeted
Damn. This is the most detailed map of Big AI’s incestuous relationships I’ve seen so far. And it’s interactive! ft.com/content/8475dc9b-b2d4…
asad zulfiqar retweeted
The Sunday Times approached Nigel Farage and Reform about this story this morning.
A confidential source told us that Delo, a crypto billionaire criminal pardoned by Trump, had given £35m to Reform.
Now, as with other stories on Reform finances, it has been given elsewhere.
Farage lands record £36m donation telegraph.co.uk/politics/202…
asad zulfiqar retweeted
Martinelli gave Arsenal some incredible moments. The noise and celebrations when he scored that late winner against City at the Emirates in 2023, the bedlam in the away end at Stamford Bridge and last season’s equaliser against City. But that moment in the Bernabeu, for anyone who was lucky enough to be there, was so, so special. As was what followed afterwards. His chant rung through the streets of Madrid all night after that game.
A superb servant to the club, who gave everything while he was here. He felt like an honorary Hale End graduate.
Hope he gets the chance to come back to the Emirates at some point.
asad zulfiqar retweeted
Martin Wolf: The wheels are coming off the US world order ft.trib.al/2hsVhFd
asad zulfiqar retweeted
EXCL: there is growing concern at just how much of a record transfer window was paid for with private credit, at a time of real pressure for such markets
The state of the game report is anticipated to outline a huge liquidity problem in English football
independent.co.uk/sport/foot…
What in the journalism is this
Flock takes their privacy very seriously.
But the ethical gray area in surveillance technology works both ways.
Under no circumstances should elected officials or public servants enjoy an expectation of privacy when spending tax dollars to attend a surveillance lobbying event.
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Decided to convert my obsession of football into something productive and to divert my babbling about the sport away from the mates who put up with hearing my thoughts in discursive group chat messages. Here's my first column on the beautiful game, plz sub premweekly.substack.com/p/it…
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asad zulfiqar retweeted
Oh wow - Reuters found the GitHub record of the attempt by AI models being tested by the UK's AI Security Institute to deploy malware in an open-source project.
Pretty sure these actions are illegal under the Computer Misuse Act in the UK.
This was done by AI models that AISI intentionally deployed without guardrails. Should AISI be held responsible for the models' actions? If not, then who should be?
Full GitHub thread here: web.archive.org/web/20260731…
asad zulfiqar retweeted
Let’s put Infantino’s World Cup sales pitch in context.
• 11 days ago FIFA said it expected its 2023-26 revenues to ‘top $15billion’
• FIFA is currently promising to return $8m to each of 211 member associations over the next 4 years. A total of $1.688billion, or ~11%
• If the member associations agree to Infantino selling the World Cup to the Trump mafia and others, Infantino will increase the payout to $20m each. A total of $4.22bn over the next four years, or ~28%
• The associations can also elect to receive a one-off bonus of $20m each, taking the total payout to $8.44bn over four years.
• That amounts to around 56% of FIFA’s self-declared revenues for the 2023-26 cycle *before* adding in the further $4.2bn FIFA says it expects to generate by selling the World Cup.
Setting aside the many, many issues involved in allowing Infantino (or anyone else) to sell football’s crown jewel, this doesn’t even sound like an attractive financial deal…
#OutFantino #ForTheGoodOfTheGame
asad zulfiqar retweeted
NEW: Infantino tells countries to sign up to World Cup sell-off in 53 days for $40m each - or reject it and receive $10m. "Pure bribery" says one sources. thetimes.com/sport/football/…
