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 […]
The New York Stock Exchange (NYSE) said on Monday that the staff of NYSE Regulation, Inc. has determined to commence proceedings to delist the common stock of Genco Shipping & Trading Limited – ticker symbol GNK – from the NYSE.As a result, trading in the company’s common stock was suspended immediately.“NYSE Regulation has determined that the Company is no longer […]
Michael Lewis’ bestseller “Flash Boys: A Wall Street Revolt” stirred a hornet’s nest by shining the spotlight on the controversial subject of high-frequency trading (HFT). The book chronicles the journey of a small group of intrepid individuals on Wall Street who stumble across predatory behavior by high-frequency trading firms, and in a bid to provide a more balanced marketplace, create […]
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 […]
Interesting bit from Slate (via Business
Insider) from last week tracing
the shockingly good record of Securities and Exchange
Commission (SEC) employees when it comes to making trades at the
right time in stocks of companies the SEC investigates.Turns out reseachers found “SEC employees tend to sell a
company’s stock before the SEC takes enforcement action against the
company” leading to:
abnormal returns of about 4 percent for […]
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% […]
Brokers balked at a stock exchange study that could lead to the introduction of circuit breakers to protect against flash trading of stocks – which can send shares gyrating wildly – saying Hong Kong has adequate suspension rules in place already.Securities and Futures Commission executive director Keith Lui told the South China Morning Post last week that the SFC supports […]
The Secret World developer Funcom has been reportedly taken off the Norweigan stock exchange, and has allegedly been visited by members of ‘Økokrim,’ the country’s financial investigation unit.
UPDATE: NewsWeb reports that Økokrim has charged Funcom over suspicions that it infringed provisions of the Securities Trading Act.
The charges relate to information released to the market regarding its MMO The Secret […]
At ABC Bank customers enjoy buying, holding or selling of shares quoted in the Nairobi Stock Exchange by opening and operation of Personal Securities (CDS) accounts which provide efficiency and security.ABC Bank Team will help you:open a Personal Securities Accounts (CDS) account or buying or selling of NSE quoted shares.
smoothly transfer holdings in CDS accounts from other Central Depository Agents […]
Add to My NewsStory by Brenna HillierMon, Jan 20, 2014 | 00:06 GMT
GAME UK to return to stock market this year – rumourUK retail chain GAME is expected to return to the stock market with a £300 million floatation.The news comes via Sky News, which doesn’t name its sources, and has not been confirmed by the company.HSBC, Canaccord Genuity and […]
