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By Nina Mehta and Nikolaj Gammeltoft |
May 6, 2013
BOX Options Exchange will be the first to begin trading larger-size contracts on the most-active U.S. equity derivatives product.
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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 and Saijel Kishan, Bloomberg |
October 31, 2012
Knight Capital Group Inc., one of the largest U.S. market makers, shut down trading of equities today after backup power failed at its headquarters in Jersey City, New Jersey, amid a blackout following Hurricane Sandy.
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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 Whitney Kisling, Joshua Fineman and Lu Wang, Bloomberg |
August 1, 2012
Knight Capital Group Inc. told some clients of its market-making unit that a “technical issue” was affecting its systems and advised them to route orders elsewhere as dozens of U.S. stocks swung more than 10 percent today.
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By Matthew Leising, Whitney Kisling and Will Robinson |
July 18, 2012
With profit growth slowing, some are speculating CME Group might be attracted to purchasing CBOE, the biggest U.S. options market.
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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 Serena Saitto, Lee Spears and Joseph Ciolli, Bloomberg |
May 22, 2012
After one of the most anticipated initial public offerings in history, Facebook’s 11 percent drop yesterday prompted investors to fault everything from Morgan Stanley’s role as lead underwriter, to the company’s greed and the Nasdaq Stock Market.
