Five years have passed since the Dow Jones Industrial Average fell nearly a 1,000 points in a matter of minutes, and we’re still trying to understand what happened. In the months after the crash, regulators concluded it was due a variety of factors, in particular, the actions of one institutional trading firm.But this month, Navinder Singh Sarao, an independent trader based […]
UK Stock Market Ready To Reverse?Stock-Markets / UK Stock MarketApr 19, 2015 – 09:42 PM GMTBy: Richard_CoxOver the trading sessions seen last week, UK markets have posted some declines that have caused concern for many investors that are long equities. So the next question to ask is whether or not this is a true bearish reversal of the longer term […]
NEW YORK (AP) — Netflix soared, big corporations turned in quarterly results, and investors welcomed new companies into the market. There was plenty of news, but major indexes finished the day just short of where they started.Stocks drifted lower at the start of trading, followed oil prices higher in the early afternoon, then flipped back to slight losses in the […]
SEOUL, South Korea (AP) — Stock markets in China and Hong Kong extended gains on Friday on expectations of further policy easing, but other stock markets in the region were subdued.KEEPING SCORE: Shanghai Composite index gained 1.1 percent to 4,241.57 while Hong Kong’s Hang Seng rose 0.3 percent to 27,821.62. South Korea’s Kospi inched up 0.1 percent at 2,141.53. Japan’s […]
As Nanex’s Eric Hunsader pointed out, while the well-paid HFT-lobbyists proclaim their rigging clients “knit together liquidity from all markets,” it appears BATS’ new CEO (since the lying old one left) disagrees. The exchange that caters significantly to the front-running HFTs believes it knows how to improve the market for thinly traded stocks… it will stop handling them.As Bloomberg reports,
BATS […]
We won’t be buying or selling shares in Quindell (LSE: QPP) this morning. The firm requested that trading on AIM for its securities be temporarily suspended from 9:40am, pending an announcement and publication of a document.Cancelled tradesSome share trades that went through between 9.40 am and 9.42 am were later cancelled and the counterparties notified, the London Stock Exchange said.News […]
Financial technology startups are getting funding from the very industry they hope to disrupt.Known in short as fintech, these startups are changing the way people pay, lend, and invest, threatening the long-established and entrenched financial systems. In the past couple years, fintech has increased in notoriety among financiers and investors, most notably in London and New York.From investing in growing […]
Financial technology startups are getting funding from the very industry they hope to disrupt.Known in short as fintech, these startups are changing the way people pay, lend, and invest, threatening the long-established and entrenched financial systems. In the past couple years, fintech has increased in notoriety among financiers and investors, most notably in London and New York.From investing in growing […]
Rangers’ statement said: ‘If the company is not able to restore trading within one month, admission of the company’s securities to AIM will be cancelled.’ Photograph: Danny Lawson/PA
Rangers’ crucial shareholder vote which will finally hand Dave King the keys to Ibrox will go ahead – despite shares in the club being suspended.The general meeting planned for on Friday morning will […]
Originally published January 30, 2015 at 5:54 AM | Page modified January 31, 2015 at 2:29 AMThe U.S. stock market capped a rough month Friday, delivering its third loss in five days and extending its declines for the year.All told, the Standard & Poor’s 500 index fell 3 percent in January, its worse monthly performance in a year. While the […]
