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August 14, 2008

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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Convergys CEO enters into stock-trading plan

James Orr has entered into a pre-arranged trading plan for the possible sale of up to 340,000 shares of Convergys stock, the company said Monday.

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Next step … exchange?

Bats Trading Inc. , the Kansas City-based electronic stock market, has raised $45 million this month and taken the first legal steps toward becoming a stock exchange.

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Korea FSS: Concerned Over Rapid Rise In Stock Trading On Credit

SEOUL -(Dow Jones)- South Korea's Financial Supervisory Service said Tuesday that the financial regulator is monitoring 12 securities companies that have a high portion of stock trading on credit.

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