We love to speculate on here and so I am going to do exactly that by dissecting the 6 episode synopses that have been released so far. There are potential spoilers in the episode synopses. I may or may not get some ideas right and more than likely I will be wide of the mark, but that is a risk I’m willing to take.
All definitions from ‘Investopedia.com’
“Insider trading” is defined as ‘the trading of stock or securities by individuals with access to non-public information.’
I think it could be safe to assume that we may see many an “insider” joke from the writers over the season.
From recent trailers and pictures (I’m looking at you, Damianista), it appears that Bobby’s wife calls him “Axe” and it may in fact be his nickname going forward. It is the perfect name for him as:-
“Axe” is defined as ‘the interest that a person or trader shows in buying or selling a financial security’.
Billions hasn’t even officially started yet and the writers are laughing at us and have been for quite a while!
Breaking it down “the term ‘axe’ may be derived from the phrase ‘axe to grind’ which means to possess an ulterior motive or selfish aim.”
For my part, I would put Bobby in the ulterior motive category rather than the selfish aim category…though I suppose you could argue that is semantics.
Episode 1, the Pilot
Chuck Rhoades, the powerful U.S. Attorney for the Southern District of New York, is tipped to a case of insider trading with links to Axe Capital and the billionaire hedge fund king Bobby “Axe” Axelrod.