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.

NYSE Expects Normal Open Wednesday After Storm

Statue Of Liberty

U.S. equity markets will reopen Wednesday after the longest weather-related shutdown in more than a century, resuming after the New York Stock Exchange was spared by Hurricane Sandy as it swept through New York Monday.