Search Results for: New York Stock Exchange
Exchanges, Barclays win dismissal of U.S. high-frequency trading case
August 27th, 2015
Major U.S. stock exchanges and Barclays Plc on Wednesday won the dismissal of nationwide litigation in which pension funds and other investors accused them of rigging markets to benefit high-frequency traders. U.S. District Judge Jesse Furman in Manhattan said ...
UAE stocks get off lightly as global rout persists
August 25th, 2015
UAE investors helped local equities escape relatively unscathed yesterday, even as plummeting Chinese stocks and additional pressure on oil prices provoked a further global sell-off of shares. China’s Shanghai Composite plunged 8.4 per cent yesterday, despite a move by ...
Asia stocks drift as yuan stable for second day
August 14th, 2015
Asian stock markets drifted Friday as China’s currency stabilized for a second day, easing uncertainty about its direction after an unexpected devaluation earlier in the week. KEEPING SCORE: Japan’s Nikkei 225 was down 0.2 percent to 20,520.50 while Hong ...
SEC Charges 32 Defendants in Scheme to Trade on Hacked News Releases
August 12th, 2015
Hackers, Traders Allegedly Reaped More Than $100 Million of Illegal Profits The Securities and Exchange Commission today announced fraud charges against 32 defendants for taking part in a scheme to profit from stolen nonpublic information about corporate earnings announcements. ...
China stocks up, other Asian markets lower after US losses
August 7th, 2015
Chinese stocks rose Friday while other Asian markets followed Wall Street lower as investors looked ahead to U.S. jobs data and a meeting of Japan’s central bank. KEEPING SCORE: The Shanghai Composite Index rose 1.9 percent to 3,731.75 and ...
HOTSPOT to offer free trading on new London-based Matching Engine
August 5th, 2015
Hotspot, a leading institutional foreign exchange (FX) market owned and operated by BATS Global Markets (BATS), today announced plans to incentivise customers by offering free trading for all transactions on its planned London-based matching engine to the end of 2015. BATS ...
Exchange-Traded Funds (ETF) trading has gone insane
July 31st, 2015
Activity led by SPY, which trades about $24 billion a day for eye-popping turnover of 3,400% Everyone is talking about how exchange-traded funds have now overtaken hedge funds in terms of total assets. That’s small change compared with how much ...
Forex Broker FXCM plans 1-for-10 reverse stock split
July 22nd, 2015
Foreign-exchange broker FXCM Inc. plans to cut by a factor of 10 the number of its shares outstanding, a move the company said is key to its effort to remain listed on the New York Stock Exchange. Shareholders would ...
Greece is bad but this is worse. The Chinese stock market
July 9th, 2015
The twin fears of China and Greece will hang over markets Thursday with China increasingly the bigger concern. “There’s definitely an issue if we see a further correction in the Chinese stock market,” said Russ Koesterich, BlackRock’s chief investment ...
Asian stocks fall in volatile trade as China index seesaws
July 9th, 2015
Asian stocks markets were volatile on Thursday as China’s main index seesawed after a prolonged sell-off while Hong Kong’s benchmark rebounded strongly. KEEPING SCORE: The Shanghai Composite Index in mainland China fell more than 3 percent in the first ...
