March 13 (Bloomberg) — Euronext NV, soon to be a unit of NYSE Group Inc., said fourth-quarter profit increased 29 percent as derivatives and stock trading set records.
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Surveying Single Stock Futures
Single stock futures (SSFs) are contracts between two investors. The buyer promises to pay a specified price for 100 shares of a single stock at a predetermined point in the future. The seller promises to deliver the stock at the specified price on the specified future date.
Former technology execs indicted for insider trading
MINNEAPOLIS - The former chairman and chief executive of a Plymouth-based technology manufacturing company, his wife, and a family friend have been indicted on federal charges of insider trading.
CBIZ CEO Adopts Rule 10b5-1 Trading Plan
CBIZ, Inc. today announced that Steven Gerard, its Chairman and CEO, has adopted a Rule 10b5-1 stock trading plan to enable him to retain as many shares of CBIZ stock as possible through the exercise of his stock options, while selling a portion of the option shares to pay for the exercise costs and taxes.
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