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By Nina Mehta, Bloomberg |
August 14, 2012
Bats Global Markets Inc., the third- largest U.S. stock exchange operator, plans to create a program to draw orders from retail customers to one of its two markets.
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By Nina Mehta, Bloomberg |
August 14, 2012
Regulations put in place to protect investors after $862 billion of market value was briefly erased on May 6, 2010, were the same rules that almost ruined Knight Capital Group Inc. this month.
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By Nandini Sukumar, Bloomberg |
August 9, 2012
E*Trade Financial Corp., a brokerage that came under pressure from its biggest shareholder to seek buyers, said Chief Executive Officer Steven J. Freiberg has left the company and its board is looking for a new leader.
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By Inyoung Hwang and Stephanie Ruhle, Bloomberg |
August 8, 2012
Knight Capital Group Inc. Chief Executive Officer Thomas Joyce estimated last week’s trading loss will be $270 million after taxes and told clients the firm is “in good standing” with clearinghouses.
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By Doug Alexander and Sean B. Pasternak |
July 5, 2012
TMX Group Inc. is expected to seek takeovers of global competitors after its $3.68 billion sale to an investor group cleared its biggest regulatory hurdles.
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By Whitney Kisling, Bloomberg |
July 5, 2012
The New York Stock Exchange’s plan to lure more stock orders from individuals was approved by the U.S. Securities and Exchange Commission, dealing a setback to Wall Street firms that increasingly keep the business for themselves.
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By Nina Mehta, Bloomberg |
June 7, 2012
Nasdaq OMX Group Inc.’s plan to earmark $40 million for brokers whose orders were mishandled in Facebook Inc.’s initial public offering will hurt competition, according to NYSE Euronext.
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By Nina Mehta, Bloomberg |
June 6, 2012
Nasdaq OMX Group Inc.’s board approved a plan to compensate brokers whose orders were mishandled in Facebook Inc.’s initial public offering, earmarking about $40 million to cover losses.
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By Saijel Kishan, Bloomberg |
May 24, 2012
Citadel LLC, the investment firm run by Ken Griffin, lost as much as $35 million on Facebook Inc. trades in a $1 billion hedge fund, according to a person with knowledge of the matter.
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By Nina Mehta, Bloomberg |
April 27, 2012
BOX Options Exchange LLC, partially owned by seven brokers, won approval today to become a U.S. securities exchange.
