Bitcoin's technology could empower the existing financial world, not just disrupt banks out of existence—as some have foretold.» Read More
The Nasdaq is nearing the 5,000 mark, a level not seen since the dot-com bubble in March 2000. Should tech investors be worried or elated?
NEW YORK, Jan 16- Exchange operator BATS Global Markets is in discussions to buy institutional foreign exchange trading platform Hotspot from KCG Holdings Inc for nearly $400 million, three sources close to the situation said on Friday. The $5 trillion- a-day foreign exchange market has been the focus of a probe by regulators in Britain following allegations...
Oil prices fell on Thursday after weak U.S. economic data spurred worries over crude oil demand.
SINGAPORE, Jan 15- U.S. crude rose for a second session on Thursday after surging nearly 6 percent in the previous session in its biggest gain since June 2012 as traders with expiring options bought back futures. *U.S. crude for February delivery was up 43 cents at $48.91 a barrel by 0005 GMT, after briefly hitting a session high of $49.59. *Exchange operator Nasdaq OMX...
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.
Both BATS Global Markets and Nasdaq OMX Group recently said they have held talks with banks on outsourcing some or all of their dark pool operations. In June, the New York attorney general brought a lawsuit against Barclays, accusing the bank of misleading clients in its dark pool. Also in June, dark pool operator Liquidnet agreed to pay the Securities and...
Nasdaq has approached several big banks with a proposal to take over the operation of their so-called "dark pools."
Jan 12- Nasdaq OMX Group has approached several big banks with a proposal to take over the operation of their so called "dark pools," and plans to seek regulatory permission to do so, the Wall Street Journal reported, citing Nasdaq Chief Executive Robert Greifeld. Last month, Citigroup Inc said it would shut down its alternative stock trading venue LavaFlow, at a time...
At the end of 2014, borrowing to buy stocks reached its highest level relative to the size of the U.S. economy since 1929.
Nasdaq OMX announced the results of its annual re-ranking of the Nasdaq 100 index, which will cause a reshuffling of several constituents.
U.S. stocks ended the week at highs as markets rallied on overseas central banks' stimulus efforts and an encouraging domestic outlook.
U.S. stock index futures are pointing to a lower open on Wall St on Friday after the first Ebola case is confirmed in New York.
Wells Capital Management's Jim Paulsen told CNBC that the ongoing stock selloff could get "a little scarier yet."
JPMorgan reported a third-quarter profit, as it moved past huge legal claims that caused it to book a rare loss in the same quarter last year.
Alibaba's long-awaited IPO is finally around the corner, making this a good time to take a look at just how an IPO works.
Alibaba is unlikely to repeat Facebook's missteps, but its valuation doesn't look cheap.
Alibaba could have sold nearly $2 billion worth of stock listing on Nasdaq, but it was worried about Nasdaq's ability to handle their $21 billion IPO.
Wall Street likes to call him "Super Mario," and in 2013 the moniker fit in more ways than one.
Home Depot may be the latest retailer to have suffered a massive credit card breach, the company confirmed on Tuesday.
Nasdaq said Thursday afternoon that it is investigating an issue with stuck orders but that new orders were not affected.