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By Silla Brush |
March 18, 2013
CFTC Commissioner Bart Chilton says high-frequency wash trades distort liquidity and prices.
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By Dave Michaels, Bloomberg |
March 7, 2013
Exchanges and clearinghouses would be required to maintain adequate technology systems and report disruptions under a U.S. Securities and Exchange Commission plan for the first update of automation principles in 22 years.
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By Nina Mehta and Jeffrey McCracken |
December 19, 2012
Bloomberg is reporting that the offer for the owner of the New York Stock Exchange may be made public this week.
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By Michael Shanahan and Nikolaj Gammeltoft, Bloomberg |
December 19, 2012
U.S. stocks fell, pulling the Standard & Poor’s 500 Index down from a two-month high, as federal budget negotiations deteriorated. Global equities reached a 17-month high and the euro rose as German business confidence grew.
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By Stephanie Ruhle, Zachary R. Mider and Nina Mehta, Bloomberg |
December 19, 2012
Knight Capital Group Inc.’s decision to pursue a takeover by Getco LLC gives its shareholders, mostly Wall Street firms, an opportunity for stock appreciation while surrendering the certainty of cash.
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By Nina Mehta and Stephanie Ruhle, Bloomberg |
November 29, 2012
Knight Capital Group Inc. capped its biggest rally in nine years after getting takeover offers from Getco LLC and Virtu Financial LLC, setting up a bidding war that may end its 17-year history as an independent company.
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By Canaccord Genuity Morning Coffee |
November 27, 2012
Shares of Knight Capital got a lift Monday after rumors surfaced over the weekend that it may look at selling its market-making operation.
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By Nandini Sukumar, Bloomberg |
November 6, 2012
Bats Chi-X Europe plans to become the region’s first alternative trading system to register as an exchange in a renewed challenge to traditional bourses such as London Stock Exchange Group Plc.
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By Nina Mehta, Rita Nazareth and Whitney Kisling, Bloomberg |
October 19, 2012
A quarter century after the worst one-day stock crash in history, measures to prevent a repeat are failing to keep investors from losing confidence in the market.
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By Nina Mehta and Whitney Kisling, Bloomberg |
October 2, 2012
Eliminating all trading errors is impossible and the way to address malfunctions that have plagued equity markets this year is to improve testing and oversight, industry executives said at a meeting in Washington.