While the stock market rallies and gold breaks down, is it possible that the market is a little too happy? The drop in gold plays into one of Ben Bernanke’s major concerns — the lack of inflation.
International Securities Exchange Holdings Inc. lost a second lawsuit over the Chicago Board Options Exchange’s exclusive license to list options based on the Standard & Poor’s 500 and Dow Jones indexes.
Regulators are examining evidence that a small group of senior forex traders at big banks had something else on their screens: Details of each other’s client orders. Sharing that information may have helped dealers at firms manipulate prices to maximize their own profits.
European Parliament lawmakers and national officials failed to clinch a year-end deal to overhaul the bloc’s financial market rulebook.