Securities and Exchange Commission (SEC)
Opening Cross: Spotting the Right Opportunity
Last week's crisis in the Greek economy followed by a nosediving-then recovering-Dow Jones Industrial Average must have prompted concerned investors to wonder whether this slow and painful financial recovery might yet crumble beneath their feet.
Exchanges' Dark Volume Tools in Works
NYSE Euronext and Nasdaq are building mechanisms for distributing daily trading volume data from alternative trading system dark pools operated by trading firms, following last month's Securities and Exchange Commission approval of their proposals to…
Editor's Letter - This one's a goner
Naked sponsored access is as good as gone. I cannot see how there can be any other conceivable conclusion to the SEC's January 13 proposals than an immediate ban on the practice whereby non-member trading firms are granted unsupervised access to…
Exchanges Gear Up to Comply with Uptick Rule
NEW YORK-Major U.S. exchanges say modifying their trading systems to comply with the recent changes to limit short selling by the U.S. Securities and Exchange Commission (SEC) will be a coordinated effort and should be completed by the end of the year.
Editor's Letter - The greed for speed
Speed is good. At least, when it comes to the increasingly popular phenomenon of high-frequency trading it is. Speed plays such a crucial role in this respect that if it were absent, high-frequency trading (HFT) would simply be known as... trading.
Prop trading: RIP?
Once when I was 16, about six months after I started driving to school and work, my heavy foot got me two speeding tickets within 24 hours. A major component of the parental wrath incurred was the loss of my car keys for a fortnight. The thrill (and…