Longtime trader Art Cashin believes Wednesday's across-the-board rally could be the one to end the selloff in momentum stocks.» Read More
Feb 6- BATS Global Markets Inc said Financial Industry Regulatory Authority, the self-regulatory arm of the brokerage industry, will provide cross-market surveillance services to BATS' four stock exchanges. Following the agreement with BATS, FINRA will now conduct surveillance across 99 percent of the market for U.S. listed equities.
Net income attributable to Nasdaq totaled $141 million, or 81 cents per share, up from $85 million, or 50 cents per share, a year earlier. Not including one-time items, the New York- based company earned 69 cents per share, topping the consensus of analysts by 2 cents, according to Thomson Reuters I/B/E/S.
Net income attributable to Nasdaq totaled $141 million, or 81 cents per share, up from $85 million, or 50 cents per share, a year earlier.
Traders await Friday's jobs report and watch emerging markets to see if the selloff can be contained.
WASHINGTON, Jan 31- A regulatory advisory panel on Friday urged the U.S. Securities and Exchange Commission not to launch a test program that would allow the stocks of small-cap companies to trade in wider increments, a recommendation that clashes with a proposal from a different SEC committee.
Talking Squawk, the "Squawk Box" blog, provides tidbits, insights and sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME.
Nick Raich, The Earnings Scout CEO, and Russ Koesterich, Blackrock Global, discuss how tech earnings impact the Nasdaq.
NEW YORK, Jan 14- Nasdaq OMX Group is prepared to walk away from running the data processor that was at the center of a three-hour trading halt in August, in a sign of its frustration with the pace of talks over implementing fixes for the system, according to documents seen by Reuters.
NEW YORK, Jan 14- Exchange operator Nasdaq OMX Group and index provider S&P Dow Jones Indices said they are interested in acquisitions to grow their index businesses, in a sign the sector could see a wave of deals as investors pour tens of billions of dollars into portfolios that track benchmarks.
Robert Greifeld, Nasdaq OMX Group CEO, discusses the current force driving the tech sector and provides his thoughts on the tech IPO landscape for this year.
*December payrolls much lower than expected; weather blamed. *Alcoa slides after results, Sears drops on holiday sales.
Nasdaq OMX announced it has reopened trading at its Nasdaq options market after a brief halt that affected trading in stocks A through M.
ISTANBUL, Dec 31- Nasdaq OMX Group will take a 5 percent stake in Turkey's Borsa Istanbul in a tie-up that will allow the Turkish exchange to use Nasdaq's market technologies to attract new customers, the two exchanges said on Tuesday.
The NYSE's Euronext unit has filed a plan with regulators to offer firms a "kill switch" that could cut off trading if preset levels were breached.
Risk controls have been a major focus for the securities industry in the wake of high-profile snafus like the August 2012 glitch at Knight Capital Group, now a part of KCG Holdings Inc, that sent a flood of errant orders to the NYSE, nearly sank the firm and led to its takeover by rival Getco.
PARIS, Dec 20- France's unloved financial transaction tax is hampering its efforts to persuade local institutions to buy stakes in Paris stock exchange operator Euronext and keep it under French influence after its expected spin-off next year.
Mark Zuckerberg and dozens of banks must face a lawsuit accusing Facebook of misleading investors about its health before its $16 billion IPO.
NEW YORK, Dec 18- A federal judge said Facebook Inc, Chief Executive Mark Zuckerberg and dozens of banks must face a lawsuit accusing the social media company of misleading investors about its financial health before its $16 billion initial public offering last year.
NEW YORK, Dec 18- A federal judge said Facebook Inc, Chief Executive Mark Zuckerberg and dozens of banks must face a lawsuit accusing the social media company of misleading investors about its financial condition before its $16 billion initial public offering last year.
WASHINGTON, Dec 17- High-frequency computerized trading could potentially destabilize the broader marketplace and should be more closely monitored by U.S. regulators, according to a U.S.