October 17, 2007
NYSE Merger Raises Questions for Traders
The New York Stock Exchange's planned merger with an all-electronic exchange raises many questions for the humans involved in stock trading — not just the hundreds of people who work the NYSE floor, but also the investors who buy and sell stock on the exchange.
Langone's Bid for NYSE May Include Shutting Floor, Person Says
U.S. April 26 (Bloomberg) -- Billionaire Kenneth Langone, who's considering a takeover bid for the New York Stock Exchange, wants to close its trading floor, ending the way the world's biggest stock market has operated for more than two centuries. Read more hereYearly profit falls 95% for Korean brokerages
Local securities brokerage firms in South Korea suffered a 95 percent drop in their annual profits in the year that ended on March 31 as commissions from stock trading fell and the value of investments declined, a government agency said Wednesday.
