In today's commentary, RegOne's David Weisberger looks back at the "good old days" when there were two exchanges. He said this setup was not necessarily that good and, despite the fear of the unknown, technology and venue competition generally lead to progress.
Chinese stocks rose after securities regulators relaxed margin-trading rules and cut equity- transaction fees in their latest attempts to prevent the countrys slide into a bear-market from deepening.
Goldman Sachs Group Inc. agreed to pay a $7 million fine to settle regulatory claims that it sent thousands of mistaken orders that roiled the U.S. options market almost two years ago.
While commissions growth has been fairly stagnant over the last few years, Wall Street brokers' efforts to cut costs have yielded record profits. And now they are getting a refund of sorts.
A guide to correspondent clearing firms as presented by Clearing Quarterly & Directory.
Rebirthed KCG Holdings is integrating Knight Capital's and GETCO's electronic trading groups and products and integrating them into a single trading platform.
Hedge funds' assets under management and their appetite for investments, including equities, is expected to grow this year.
After several months of reorganizing, KOR Trading has again stepped out into the consultancy business.
Fresh-faced yet experienced graduates are entering investment firms in strong numbers. Traders looks at this crop of bright young things and the new skills and placing new demands on the buyside.
Instinet Promotes Kellner to CEO