Bitcoin trading platform Atlas ATS has teamed up with the New Jersey-based National Stock Exchange in an effort to speed up regulatory approval.With the move, Atlas ATS has revealed rather ambitious plans, as it is also in the process of launching a globally integrated bitcoin exchange in conjunction with Perseus Telecom.The firms hope to bring industrial-strength security and regulatory compliance to […]
(Reuters) – Twitter Inc said on Tuesday it bought social data provider Gnip for an undisclosed amount, signaling that it would take on a new role of packaging and selling data, a service in demand by business and government.The social media company said separately that it hired a Google executive to lead its consumer product development, filling a position that […]
Source: ThinkstockBuying out of favor stocks is one of the most difficult things to do. Often, when stocks fall dramatically, it does so for valid reasons. Furthermore, the lower they sink, the worse the news seems to get. Nevertheless, if you trust your ability to analyze companies then one of the best pieces of advice you can follow is to […]
Tweed Marijuana Inc., the first publicly traded Canadian producer of the drug, rose from its private placement price as it began trading on the Toronto Stock Exchange.Tweed rose to $2.52 at 2:07 p.m. in Toronto Friday, up 183% from the issue price of 89 cents based on a private placement on March 7. The shares sank from an opening price […]
This week’s cover story recounts the origins of IEX, a new stock exchange that hopes to level the playing field among investors, let some disinfecting sunshine in on the shadowy world of high-frequency trading and spur Wall Street to follow its lead. But a non-engineering, non-algorithm-writing type might be forgiven for finding it hard to understand the technological and financial […]
For the first time in quite some time we got yet more dovish words from the ECB and hawkish, no action again. Yet, this time, rather than the euro rallying the lack of action did not price support the euro. This is interesting and possibly meaningful price action.“QE was discussed” was about as dovish as the language got as inflation […]
Read MoreMark Cuban rips high-frequency trading This is a disaster for the U.S. capital markets. It only weakens and threatens the very existence of a strong, vibrant, robust capital market. It causes mispricing in stocks and clear frustration among asset managers. You have to ask: Why do we need 90+ venues to trade stocks? Unlike […]
The Food and Drug Administration is soliciting bids for a contractor that will monitor social media and map out the peaks and troughs of drug and medical device risk-based chatter. The FDA is targeting blogs, forums, message boards, wikis, and podcasts as potential new opportunities to engage the public.The focus of the project will be to help the FDA evaluate […]
Saul Loeb/Agence France-Presse — Getty ImagesJohn Podesta, a counselor to the president, said a goal of reviewing privacy and big data was to determine how the public and private sectors might maximize the flow of information necessary for innovation while minimizing potential privacy risks to individuals. CAMBRIDGE, Mass. — With the success of its free open online course system, called […]
Goodbye SAC Capital. Hello SEC Capital. A new study released by Rajgopal of Emory and White of Georgia State confirms what most have long known: SEC employees are immaculate stock pickers and “that a hedge portfolio that goes long on SEC employees’ buys and short on SEC employees’ sells earns positive and economically significant abnormal returns of (i) about 4% […]
