Wall Street & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

News & Commentary
Content tagged with Exchanges posted in October 2012
Exchanges Plan to Resume Trading Wednesday
News  |  10/30/2012  | 
As New York struggles to recover from a historic storm, the nation's stock exchanges plan to reopen on Wednesday.
NYSE Set To Reopen on Wednesday After Historic Battle of Wills
News  |  10/30/2012  | 
As Hurricane Sandy barreled towards the East Coast on Sunday night, NYSE Euronext was locked in a battle of wills with trading firms over whether to open at all on Monday.
NYSE to Test New Plan; Trading Floor Undamaged by Storm
News  |  10/30/2012  | 
NYSE Euronext said it plans to test a new contingency plan to help resume stalled U.S. equity trading, and added that its famed trading floor is not yet damaged by Sandy, one of the biggest storms to hit the United States.

NYSE to Test New Plan; Trading Floor Undamaged by Storm
News  |  10/30/2012  | 
NYSE Euronext said it plans to test a new contingency plan to help resume stalled U.S. equity trading, and added that its famed trading floor is not yet damaged by Sandy, one of the biggest storms to hit the United States.

NYMEX Floor Trading Suspended Due to Sandy, Electronic Trade Open
News  |  10/29/2012  | 
The CME said it will suspend floor trading on Monday at its NYMEX world headquarters because of mandatory evacuation by the city of New York ahead of Hurricane Sandy but the move is unlikely to affect trade as higher-volume electronic dealing will operate normally.

Wall Street Shuts Down as Sandy Approaches U.S. Coast
News  |  10/29/2012  | 
Hurricane Sandy, the monster storm bearing down on the U.S. East Coast, strengthened on Monday after hundreds of thousands moved to higher ground, public transport shut down and the U.S. stock market suffered its first weather-related closure in 27 years.

FACTBOX: Wall Street's Plans for Hurricane Sandy
News  |  10/29/2012  | 
Wall Street firms were set to open with limited staffing on Monday, as stock markets remain closed ahead of Hurricane Sandy's approach and many traders in other markets as well as other financial professionals worked from home.
Can Brokers Level the Playing Field As Exchange Operators?
Commentary  |  10/26/2012  | 
Credit Suisse reportedly has a plan to turn one of its trading venues into a stock exchange, which points to a budding rivalry between brokers and for-profit exchanges.
Weak Trading Volumes Sink Nasdaq's Net Income
News  |  10/24/2012  | 
Nasdaq OMX Group's third-quarter profit fell 18 percent, due in part to a drop in trading volumes in U.S. and Nordic equities, the exchange operator said on Wednesday.

Latest PDQ Trading Algorithms Take Aim at Costs, Speed
News  |  10/18/2012  | 
In a low volume equity trading environment, PDQ says its new algos will help retail and institutional investors cut costs and speed up their executions.
BlackRock Profit Climbs on ETF Gains
News  |  10/17/2012  | 
BlackRock Inc, the world's largest money manager, said third-quarter profit rose 8 percent as investors poured cash into its iShares line of exchange-traded funds.

GETCO Expands Algorithmic Trading Tools For Institutional Investors
News  |  10/16/2012  | 
The firm said its GETAlpha algorithmic trading tools now include six new strategies.
Déjà Vu for the Market as the Black Monday Crash of '87 Turns 25
News  |  10/15/2012  | 
There are several parallels between how participants responded to major market crashes in 1987 and 2008, including calls for more transparency, and a significant reshaping of market structure.
NYSE Euronext to Launch European Retail Service
News  |  10/15/2012  | 
NYSE Euronext, the transatlantic exchange group, plans to launch a European trading platform early next year designed to boost volumes from small investors by offering them better prices, according to sources close to the firm.

Fund Firms Wary of Introducing New ETFs
News  |  10/12/2012  | 
Fund companies are growing more wary of introducing new exchange-traded funds, and more willing to kill those that have not caught on, as they grapple with a price war in an overcrowded $1.2 trillion market dominated by the three largest providers.

Can Industry Collaboration on a Kill Switch at the Exchange Level Help Prevent Technology Glitches?
News  |  10/9/2012  | 
At the Securities and Exchange Commission roundtable, industry experts discussed the need for developing and testing large scale deployments to prevent electronic trading errors, but they also suggested designing a kill switch may be the best method for preventing another mishap.
Hedge Funds Cut Trading Desk Budgets —Study
News  |  10/8/2012  | 
With a prolonged slump in trading activity, 44 percent of hedge funds responding to a Greenwich Research study said 2012 trading desk budgets were reduced from 2011.
Exclusive: Inside the GETCO Execution Services Trading Floor
Trading Floors  |  10/8/2012  | 
Advanced Trading takes you on an exclusive tour of the New York trading floor of GETCO Execution Services, the solutions arm of GETCO.
Facebook Tech Glitch IPO Lawsuits to be Heard in New York
News  |  10/5/2012  | 
Dozens of lawsuits against Facebook, NASDAQ and various underwriters will be centralized before a federal judge in New York.
Trading Glitch Hits Nasdaq And Other Exchanges Again
News  |  10/4/2012  | 
A number of exchanges, including Nasdaq, are at the center of another trading error.
Another Dark Pool Scandal Erupts Over Information Sharing
Commentary  |  10/4/2012  | 
The SEC's settlement with dark pool operator eBX over charges that Level ATS shared confidential client information with a third-party technology provider, raises trust issues for money managers.
SEC Fines Boston-Based Dark Pool For Not Protecting User Info
News  |  10/3/2012  | 
The regulator said eBX LLC improperly shared its subscribers' unexecuted orders with an outside technology firm.
To Survive, Derivatives Market Must Change Dramatically: Report
News  |  10/3/2012  | 
Tabb Group's Adam Sussman says the derivatives market has to change more than what's being required under the new regulations.
Citi Launches New Dark Pool Defying Latency Race
News  |  10/1/2012  | 
The bank launched Citi Cross, which it says is the first dark pool to offer buy and sell-side clients a more equitable allocation, not based on their queue position.


Register for Wall Street & Technology Newsletters
Video
Exclusive: Inside the GETCO Execution Services Trading Floor
Exclusive: Inside the GETCO Execution Services Trading Floor
Advanced Trading takes you on an exclusive tour of the New York trading floor of GETCO Execution Services, the solutions arm of GETCO.