Banks to Offer Private-Stock Trading
Five of Wall Street?s biggest banks, including Citigroup, Lehman Brothers and Merrill Lynch, said yesterday that they were setting up a system to trade privately placed stocks.
August 15, 2007
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`Suspicious' Trades Precede Most Big Canada Mergers, Study Says
March 22 (Bloomberg) -- Lingerie suddenly became very popular on the Toronto Stock Exchange in October. Daily trading for La Senza Corp., Canada's biggest retailer of women's undergarments, more than doubled compared with its 12- month average, and the stock price arced toward a record high. Read more hereBrokers required to accept best price
NEW YORK – In one of the most sweeping changes to stock-trading rules in years, a divided Securities and Exchange Commission yesterday narrowly approved a new regulation requiring brokers to accept the best quoted price for any transaction, no matter which market it comes from.
