Alibaba and shareholders including Yahoo! Inc. sold 320.1 million shares in the Hangzhou, China-based company for $68 each, after offering them at a range of between $66 and $68, according to a statement.
Average executive compensation rose a median 32% in 2013 at exchanges compared to falling 10% in 2012--here are the 10 highest paid CEOs in the exchange and order execution space for fiscal year 2013 as reported by KBW.
The silver-pricing method begun during the reign of Queen Victoria ends today in London as the $5 trillion market shifts to a more transparent process and regulators expand scrutiny of how commodity benchmarks are set.
The settlement talks follow a U.S. Securities and Exchange Commission inquiry begun more than two years ago into key facets of modern markets, including order types -- or instructions for handling transactions that traders can send to exchanges.