BofA and NYSE sued over high-frequency trading


Bank of America and the New York Stock Exchange were among dozens of exchanges, brokerages and traders sued over high-frequency trading by the city of Providence, Rhode Island, over claims they rigged securities markets to divert billions of dollars from buyers and sellers of shares.

Is BATS-Direct Edge the next owner of the NYSE?

NYSE Wall Street

The BATS/Direct Edge merger may seem like a deal between two sleepy exchanges, but in one fell swoop the combined entity has become a potentially bigger story: it is a logical buyer for the NYSE's cash equity business.

New York Remains Vulnerable To Disasters

NYSE Wall Street

The longest weather-related shutdown of U.S. stock trading since 1888 ended October 31st without incident, while underscoring how vulnerable the world’s biggest financial market remains to disasters.