Blog


Insider Trading Investigation Reaches A New Stage
November 30, 2012 @ 15:49 PM | By Ivy Schmerken

Speculation intensified that federal prosecutors are looking at SAC Capital Advisers' owner Steven Cohen, but the government doesn't have enough evidence, a lawyer told American Public Media's Marketplace..

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Why Are Suitors Vying for Knight Capital?
November 27, 2012 @ 12:34 PM | By Ivy Schmerken

Rival firms are expected to submit bids this week to acquire Knight Capital Group, which could bring the potential acquirer savings in equity trading technology.

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Goldman’s Blankfein Says Entitlements Must Be Slowed, Contained
November 20, 2012 @ 11:15 AM | By Justin Grant

Goldman Sachs’ CEO says the deficit cannot be fixed without changes to Social Security, Medicare and Medicaid.

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Stephen Colbert Takes on HFT
November 15, 2012 @ 12:20 PM | By Justin Grant

Stephen Colbert says the finance sector is safer now because Wall Street has removed the weakest link: man.

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Technology Fragility Threatens Markets
November 15, 2012 @ 10:45 AM | By Greg MacSweeney

Despite disaster recovery and business continuity plans that were implemented after Sept. 11 and then enhanced following the Northeast blackout in 2003, Hurricane Sandy has upped the DR/BC bar once again.

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SEC Intensifies the Knight Probe and Shifts Focus to Risk Controls
November 14, 2012 @ 13:25 PM | By Ivy Schmerken

The regulatory investigation of Knight Capital's trading glitch on Aug.1 could turn into a lesson for Wall Street on how the regulator will enforce the new market access rule.

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Debate Over Market Data Fees to Resurface in Court Case
November 13, 2012 @ 12:32 PM | By Ivy Schmerken

Lawyers representing a group of brokers, bankers and money managers, along with tech giants, will deliver closing arguments today in a court case fighting new market data fees charged by stock exchanges.

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2012: Year of the Busted Broker and Buy Side Trader
November 07, 2012 @ 10:45 AM | By Phil Albinus

It was a bad year for brokers and the buy side but it was a wonderful time to be a cold-eyed observer.

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Broker Says Nasdaq Caused Excessive Quote Spam in Several Stocks
November 02, 2012 @ 16:54 PM | By Justin Grant

Nasdaq rebuts charge from Themis Trading that its new pricing programs led to quote spamming.

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