European platforms step into the pool
From next week, a new era in stock trading opens when one of Europe’s stock exchanges takes the first plunge into “dark pools”.
August 9, 2008
Analyst Fired for Personal Trading
Susan Kalla, a well-known and widely quoted Wall Street stock analyst who accurately predicted the collapse of the telecommunications equipment sector in 2000, was fired by Friedman, Billings, Ramsey Group Inc. after an internal investigation into her personal stock trading, according to sources inside and outside the company with knowledge of the matter.
What they're saying about Wednesday's stock trading
"Considering the amount of damage we saw — how violent and quick the move was everywhere — you tend to get a rebound the next day. People are going to try and find where the punishment didn't fit the crime."
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