Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Jefferies Posts One Day of Trading Losses in Quarter

Jefferies Group LLC, the investment bank that sold itself to Leucadia National Corp., said it had one day of trading losses in the quarter ended Feb. 28.

Jefferies’s average daily value-at-risk, a measure of potential trading losses, was $9.27 million for the period, compared with $13.4 million in the prior three months, the New York-based company said today in a regulatory filing.

The decrease was partly “due to lower equity price risk,” according to the filing, which also cited a “decrease in interest-rates risk, resulting from reduced volatility in interest-rate asset classes.”

Leucadia completed its purchase in March in a deal that the companies said would help Jefferies weather market turmoil. Richard Handler, the leader of Jefferies, took over as Chief Executive Officer of Leucadia as part of the transaction.

Excluding an investment in Knight Capital Group Inc., average daily VaR was $5.99 million in the period ended Feb. 28.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.