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By Lu Wang, Whitney Kisling and Eric Lam, Bloomberg |
April 23, 2013
A false report of explosions at the White House that wiped out $136 billion from the Standard & Poor’s 500 Index in about two minutes highlighted the risks of the computerized trading that dominates the $18 trillion market.
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By Whitney Kisling, Bloomberg |
April 22, 2013
Google Inc. dropped as much as 3.1% and then reversed most of the tumble within a second in a series of transactions that spurred concern the stock was hit by a computerized-trading error.
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By Nina Mehta |
April 9, 2013
U.S. exchanges and some brokers will be required to conduct coordinated trading tests to show they can recover from natural disasters.
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By Nina Mehta and Lindsey Rupp, Bloomberg |
April 8, 2013
Trying to reduce market disruptions, regulators are instituting a plan that creates price bands in which shares are allowed to trade on American equity exchanges, replacing the old system of immediate pauses when shares swing rapidly.
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By Lindsey Rupp and Nikolaj Gammeltoft, Bloomberg |
April 2, 2013
U.S. stocks rose, with the Standard & Poor’s 500 Index rebounding after yesterday’s decline, as orders placed with U.S. factories increased in February and Cyprus received easier bailout terms.
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By Nandini Sukumar |
April 1, 2013
Nasdaq OMX Group Inc. will buy the electronic trading system for U.S. Treasuries from BGC Partners Inc. for about $750 million in cash.
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By Yalman Onaran, Bloomberg |
March 27, 2013
Cyprus is on the verge of an unprecedented financial experiment: Imposing controls on money transfers in an economy that doesn’t have its own currency.
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By Whitney Kisling and Lindsey Rupp, Bloomberg |
March 25, 2013
Regulators cleared Nasdaq OMX Group Inc.’s plan to pay $62 million to compensate brokers for its mishandling of Facebook Inc.’s public debut, dealing a defeat to Wall Street firms that say they lost many times that amount.
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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 Andrew Harris, Bloomberg |
March 11, 2013
International Securities Exchange is set to renew legal hostilities with Chicago Board Options Exchange Inc. in a fight over an automated trading patent.
