Financial Markets
4 weeks ago
BlackRock's internal electronic bond-trading system failed because it couldn’t attract a critical mass of customers, even as small dealers stood ready to aid trading.
Financial Markets
1 month ago
According to Albert Einstein, the speed of light is the fastest speed there is. But for some Wall Street traders the speed of light-at least as it travels through a fiber-optic cable-just isn't fast enough anymore.
Financial Markets
4 months ago
Stock exchange BATS (the third largest stock exchange) reported that they overcharged members $420,000 from 2008 to 2012 for certain orders. BATS allowed some short-sale trades that in some cases were not executed at the best available price, as required by securities laws.
Sand, lounge chairs, and crystal clear water make the beach a great getaway -- but add a lazy river and three water slides, and you've got something even better: • $12 ($24 value) for two passes to the aquatics center • Leisure pools have lap lanes for serious swimmers and waterfalls for kids • Valid from May 25 to September 2 Perfect for All Ages Chill out in the 700-foot lazy river, or go for a dip in the leisure pool -- the sprays and jets are certain to drop your temperature and raise your spirits.
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Financial Markets
6 months ago
Knight Capital's $457.6m trading error in August is the subject of a formal investigation by the Securities and Exchange Commission.
Financial Markets
7 months ago
Knight Capital Group, one of the largest U.S. market makers, invited customers to resume sending orders after resolving a power failure that shut down its trading of equities Tuesday.
Financial Markets
7 months ago
A single mysterious computer program that placed orders — and then subsequently canceled them — made up 4 percent of all quote traffic in the U.S. stock market last week, according to the top tracker of high-frequency trading activity. The motive of the algorithm is still unclear.
Financial Markets
10 months ago
Knight Capital Group’s quest for a buyer will be a sprint, not a marathon.