In one of the most sweeping changes to stock trading rules in years, a divided Securities and Exchange Commission on Wednesday narrowly approved a new regulation requiring brokers to accept the best quoted price for any transaction, no matter which market it comes from.
Virus delays stock trading in Russia
Data processing at the Russian Trading Systems, or RTS, was paralyzed late Thursday as specialists rushed to localize the virus and switch off the infected computer, according to the exchange. No permanent damage was caused and no information was lost.
Nasdaq Sees $100M In Annual Savings From Instinet Deal
NEW YORK (Dow Jones) -- Nasdaq Stock Market Inc. (NDAQ) officials are aiming for $100 million in annual "synergy" savings from their deal for Instinet Group Inc.'s (INGP) stock-trading network, said Nasdaq Chief Executive Robert Greifeld. Link to original articleAsian Stocks Rise to 3-Week High as Credit, Oil Concerns Ease
July 23 (Bloomberg) -- Asian stocks rose, sending the regional benchmark to a three-week high, after Macquarie Group Ltd. said it made a ``solid'' start to the year, boosting speculation bank earnings will withstand tighter credit markets. Click here for more info
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