According to familiar individuals, Nasdaq Stock Market Inc. is in talks to buy the Philadelphia Stock Exchange. The move would give Nasdaq a foothold in the burgeoning options business, which is the Philly exchange’s forte, with the third most options contracts traded nationally.
SEBI plans separate entity for surveillance and investigation
Capital market regulator SEBI plans to create a separate outfit with independent professionals for stock market surveillance and investigation, to make these two key activities more effective.
Meanwhile, All the Virtual Markets Are Thriving
Thomas Cleberg spends a lot of spare time thinking about which stocks he wants to buy these days. In the past few months, the college student has decided he might pursue a career on Wall Street, of all things.
Chiquita Announces Rule 10b5-1 Stock Trading Plan
Chiquita Brands International, Inc. today announced that one of its executive officers has adopted a prearranged stock trading plan in accordance with guidelines specified by Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
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