At a conference in Singapore, the CEO of the London Metals Exchange (LME), the world hub for metals trading, said that LME is working on a 2-year project to create ... Read Full Story »
BATS Global Markets was the worst of the worst of botched initial public offerings in recent financial history. How bad is it when an exchange cannot adequately handle its own ... Read Full Story »
The NASDAQ OMX Group, Inc. (NASDAQ: NDAQ) is finally going to start paying out a cash dividend to its shareholders. The company announced its plans to initiate a quarterly cash ... Read Full Story »
CNBC has reported that Facebook is choosing to list on the NASDAQ rather than on the NYSE. The move seems a better fit considering the history of technology and internet ... Read Full Story »
BATS Global Markets, Inc. sent out a press release last night to the media that sounds as though it is a passing of a vote of confidence. It is actually ... Read Full Story »
NYSE Euronext (NYSE: NYX), NASDAQ OMX Group, Inc. (NASDAQ: NDAQ) and CBOE Holdings, Inc. (NASDAQ: CBOE) are all about to have yet one more public exchange competing against them for the ... Read Full Story »
This is obnoxious when companies do this. Teva Pharmaceutical Industries Ltd. (NASDAQ: TEVA) is trying the hat trick where it changes exchange listings. Now the company plans to transfer the ... Read Full Story »
A new exchange is coming to the world of public stock and financial market exchanges this week. The initial public offering for BATS Global Markets is going to be highly ... Read Full Story »
SecondMarket is taking a new approach to allowing investors to buy into Facebook ahead of the upcoming IPO, and it is quite different from any efforts to date from this ... Read Full Story »
French president Nicolas Sarkozy has gotten agreement from Germany’s chancellor, Angela Merkel, for a tax on financial transactions. The reaction from Britain, Europe’s financial center, is decidedly chilly. The US ... Read Full Story »
The Securities and Exchange Commission has announced that the national securities exchanges and FINRA are filing proposals in a move to revise the current stock market circuit breakers in an ... Read Full Story »
There is a paradox when it comes to investing... All long-term portfolios need to have exposure to water investments, yet the reality is that investing in water is just not ... Read Full Story »
The U.S. is about to get another electronic exchange listed as a public stock. BATS Global Markets, Inc. wants to come public and has just filed for an initial public ... Read Full Story »
Laura Tyson, who began arguing for second stimulus six months after the $787 billion plan was passed, is making her case again. It may be too little too late. Writing ... Read Full Story »
Acknowledging that there may have been human error in the very sharp but temporary drop in stock prices yesterday, the NASDAQ has canceled trades on dozens of stocks that were made ... Read Full Story »