London - Shares fell further in early trading on the London Stock Exchange, following the ongoing losses on Wall Street the day before and on Asian markets on Friday. Fears of a credit crunch were cited as the FTSE 100 Index plunged 111.1 points, or
Chicago Stock Exchange plans electronic trading system
Leaders of the Chicago Stock Exchange said Monday they plan to introduce an electronic trading system that they hope will win business from hedge funds and other firms that account for large volumes of stock trades.
Thornburg Mortgage's shares fall after analyst downgrades
BOSTON (MarketWatch) -- Shares of mortgage lender Thornburg Mortgage Inc. fell as much as 29% Tuesday morning, weakening as the company faces margin calls and liquidity pressures and as more Wall Street analysts downgraded the stock. Link to original articleKorea FSS: Concerned Over Rapid Rise In Stock Trading On Credit
SEOUL -(Dow Jones)- South Korea's Financial Supervisory Service said Tuesday that the financial regulator is monitoring 12 securities companies that have a high portion of stock trading on credit.
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