The New York Stock Exchange To Merge With Archipelago
The New York Stock Exchange says it plans to merge with an electronic stock trading company called Archipelago. The NYSE is the world`s biggest stock exchange and one of the few places where stocks are still bought and sold by traders shouting and gesturing at each other.
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Monsanto Company Executives Adopt 10b5-1 Trading Plans
ST. LOUIS , Oct. 17 / PRNewswire-FirstCall / -- Monsanto Company (NYSE: MON) today announced that several of its executives, including: Hugh Grant, chairman, president and chief executive officer, and Robb Fraley, executive vice president and chief technology officer, have established stock trading plans in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
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Investment advisory company and CEO accused of fraud by SEC
The Securities and Exchange Commission on Wednesday charged EGM Capital, a former San Francisco investment adviser, and its chief executive officer, Michael T. Jackson, with fraud for charging hedge fund clients in November 2000 with the cost of the firm's $400,000 stock trading error.
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Xasax Touts Trading Systems with Homegrown HPC
SaaS and financial services start-up Xasax is using a home-grown high-performance storage system combining InfiniBand, and virtualized commodity disk to open up what it says is a new market for low-cost financial trading systems.
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