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?
Doesn't exist with that name. Interestingly, this domain has been taken: http://www.tacgnoltrading.com/ But there is no server behind it.
It's really mostly shadow operations. Sadly, governments of the world continue to let them operate with impunity.
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!
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."
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.
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