Next step … exchange?
Bats Trading Inc. , the Kansas City-based electronic stock market, has raised $45 million this month and taken the first legal steps toward becoming a stock exchange.
May 29, 2007
Stocks Treating the market like a casino is only for those who can afford to lose. By Seah Chiang Nee. Aug 5, 2007 HI, various uncles, I very scared, how? cried a young speculator evidently affected by last week’s severe market downturn.
Stock market gains propel luxury spending in China
Dai Yunping has never traveled very far from his home here. But next month, the baby-faced 27-year-old will indulge in a weeklong tour of Southeast Asia to the tune of $6,500. Upon his return, Dai plans to move out of his parents' home and buy his own apartment in the old French Concession area.
4 Firms Buying Stakes in Philly Exchange
The Philadelphia Stock Exchange announced Tuesday that Citigroup Inc., Credit Suisse First Boston, Morgan Stanley and UBS AG have each invested in the exchange and could end up being among six financial firms that would own nearly 90 percent of the institution.
