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November 21, 2007

Vietnam to Tax Stock Trading Income

Vietnam’s lawmakers have approved a 20 percent tax on income from the country’s rapidly growing stock market. The measure, approved by the National Assembly on Tuesday, will take effect in January 2009.

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What would it take to halt U.S. stock trading?

A drop of at least 1,100 points before 2:30 p.m. would trigger the circuit breaker

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Lehman buys stake in BATS trading system

(Adds more background on industry changes starting in the fourth paragraph.)

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5 Oversold Stocks for Traders

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