Instinet delays launch of new trading system
Nomura Holdings Inc.’s Instinet unit has delayed the launch of a Canadian stock-trading system until midway through the first quarter of 2008 to give investment dealers time to adjust to new equity markets.
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ASX profit to climb on strong market, fund raising
SYDNEY, Feb 13 (Reuters) - Australian Stock Exchange Ltd. (ASX) , Asia's second-most valuable listed bourse, may report on Friday that quarterly profit rose by nearly a fifth, driven by a record-breaking market and fees from new share issues.
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Steep Taxes Harm City's Best Places To Trade Ranking
When it comes to stock trading, New York is only the third greatest city in the world because of its steep taxes and hefty real estate prices, according to the latest issue of Trader Monthly magazine. New York trailed the top city, Chicago, and London, although the three were neck-and-neck, a senior editor at the magazine, Rich Blake, said. "Real estate crushed London, but it was taxes that
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Exchanges unite to combat insider trading
NEW YORK, Aug. 14 (UPI) -- A new era in the effort to stop insider stock trading began Wednesday when 10 U.S. exchanges merged their monitoring and investigative units.
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