District Judge Katherine Forrest in Manhattan said the claims raised against Nasdaq, Intercontinental Exchange Inc's New York Stock Exchange, BATS Exchange and other exchanges must be reviewed first by the U.S. Securities and Exchange Commission, not the courts. Forrest, however, said Congress created a "comprehensive federal regulatory scheme" empowering...» Read More
The No. 2 U.S. stock market operator said the SEC had also concluded a separate investigation into the development of order types on the legacy BATS exchanges without taking any action. Exchanges are required under federal securities laws to obtain SEC approval for rules governing how buy and sell orders are matched and to comply with those rules.
BATS Global Markets' President William O'Brien has left the company. Insight to his exit, with CNBC's Bob Pisani.
CNBC's Bob Pisani talks with William O'Brien Direct Edge CEO, about the benefits of combing the two companies.
Joe Saluzzi, Themis Trading, weighs in on BATS CEO's comments on the exchange's glitches.
High-frequency trading has helped individual investors by helping to reduce costs, Vanguard CIO Gus Sauter said Thursday on CNBC.
Safer to own than to consume, tobacco stocks have earned enormous returns for investors during the euro zone crisis, mimicking the safe haven of the fixed-income markets sought by jittery investors.
Knight Capital, down 32 percent, has lost about $300 million in market value in one trading session. What is the market saying?
Stocks closed at session highs Monday, logging their best one-day rally in almost two weeks, boosted by Ben Bernanke's earlier comments that the Fed may continue its easy monetary policy if the jobs market continues to show signs of weakness. Stocks are on track to post their best quarter since 1998.