The exchanges also will be required to notify the SEC about problems, including any systems that are compromised by hacking. The SEC action follows a series of technical disruptions in recent years— notably the "flash crash" of May 2010— that regulators say shook investors' confidence in the markets. "Failures must be minimized and, when they occur, they must be...» Read More
Art Cashin of UBS Financial Services says oil above $82 is supportive of the market, helping major averages recover from last week's whipsaw action.
Art Cashin of UBS Financial Services says markets are trying to decide if IBM's earnings miss is an omen for earnings season or an isolated case.
NEW YORK, Oct 17- A slowdown in stock quote updates to the trading platform of OTC Markets on Friday led brokerage watchdog the Financial Industry Regulatory Authority to halt trading for almost two hours. OTC Markets is a marketplace for about 10,000 securities, some of them foreign, that are not listed on the New York Stock Exchange or Nasdaq.
Art Cashin of UBS Financial Services warns if WTI oil falls below $80, the stock market selloff could worsen.
Stocks went on a wild ride Wednesday, with the Dow plummeting 400 points in the early afternoon. CNBC asked top market watchers whether they thought the market was near the end of the ongoing selloff.
Intel shares dipped after Reuters sent out a false earnings alert a few hours before the tech firm was scheduled to report its quarterly results.
Oct 14- JPMorgan Chase and Co's quarterly results surfaced more than three hours before schedule on Shareholder.com, Nasdaq OMX Group Inc's investor-communications company. **Oct. 15, 2013- Citigroup Inc's third-quarter results were released early as Bloomberg News broke an embargo, forcing the bank to pull forward the release of its statement.
NEW YORK, Oct 14- JPMorgan Chase& Co's third-quarter results were released hours ahead of schedule on Tuesday morning because of a "human error" at an external vendor that manages its investor relations website, the vendor said in a statement. The vendor, Shareholder.com, which is owned by Nasdaq OMX Group Inc, mistakenly published one of JPMorgan's earnings...
JPMorgan Chase surprised Wall Street when the bank's third-quarter earnings report appeared several hours earlier than expected.
Art Cashin of UBS Financial Services says the global growth picture is not very bright, and that's dragging down major indexes around the world.
NEW YORK, Oct 10- ConvergEx Group LLC is revamping its two alternative trading systems, or "dark pools," due in part to expectations of tighter industry regulations, Eric Noll, chief executive of the brokerage and trading services provider, said on Friday. Several regulators are probing how the venues operate, and New York's attorney general has filed a lawsuit...
CNBC's Morgan Brennan reveals what momentum names are fueling the selloff at the Nasdaq.
The Nasdaq is on track for a 3 percent loss this week, reports CNBC's Morgan Brennan.
SodaStream shares plunged in pre-market trading Tuesday morning after the Israeli company warned that its third-quarter revenue forecasts were well-below Wall Street's expectations.
Art Cashin of UBS says fears of a black swan event, European growth worries and technical weakness are weighing on stocks.
Art Cashin of UBS says stocks are soaring amid a "sigh of relief" about global concerns and a stronger-than-expected jobs report.
Hans-Ole Jochumsen, president of trading and market services at NASDAQ OMX Group, says "you can't win them all" in response to Alibaba listing on the New York Stock Exchange.
Art Cashin of UBS says several factors are hurting stocks: Geopolitical tensions, Ebola worries, deflation and growth concerns.
Art Cashin of UBS Financial Services says Wall Street is ratcheting up expectations for Friday's jobs report
Art Cashin of UBS Financial Services says geopolitical concerns have markets on edge. Brazil's upcoming elections weigh.