Global financial exchanges like NYSE and Nasdaq are teaming up to protect against cyber attacks that could disrupt capital markets.
On Dec 7, Zacks Investment Research downgraded CBOE Holdings Inc. (CBOE) to a Zacks Rank #3 (Hold) from a Zacks Rank #2 (Buy).
Trade-Ideas LLC identified IntercontinentalExchange Group (ICE) as a new lifetime high candidate
Transactions in trades of less than 100 shares boosted reported volume by 3 percent on the first day that "odd lots" were included in the public dissemination of stock quotes and sale prices, trading data showed on Tuesday. Almost one out of every six trades, or 17.5 percent, that were reported on Monday to the "consolidated tape" were odd lots, according to the Consolidated Tape Association, a group that includes all the U.S. stock exchanges, among others. More than half the trading in high-priced stocks, such as Google Inc, was transacted in odd lots, as a common lot of 100 shares in the company costs more than $100,000. One out of every four trades on Nasdaq were odd lots, and made up 5.5 percent of the exchange's volume, the highest figures for all the U.S. exchanges, according to the CTA data.
Transactions in trades of less than 100 shares boosted reported volume by 3 percent on the first day that "odd lots" were included in the public dissemination of stock quotes and sale prices, brokerage Credit Suisse said on Tuesday. As expected, trades in odd lots increased volume to the "consolidated tape" by 70 percent when compared to trading activity over the past 30 days in stocks that trade at $300 or higher, Credit Suisse said in a report. Before Monday, when odd lots began to print to the consolidated tape, this data was only available on proprietary data feeds the New York Stock Exchange and Nasdaq sell. The "consolidated tape" is a service all brokerage must buy to show customers they have obtained the best prices available.
ICE Futures Europe announces successful transition of Brent crude oil futures and options to new expiry calendarnoodls Dec 10
LONDON, Dec. 10, 2013 /PRNewswire/ -- ICE Futures Europe, a wholly owned subsidiary of IntercontinentalExchange Group (NYSE: ICE), the leading global network of exchanges and clearing houses today announced ...
Small trades of less than 100 shares began being reported to the "consolidated tape" on Monday, almost four years after regulators asked whether the increased use of "odd lots" was a sign of traders trying to circumvent certain regulations. Odd lots now account for almost 5 percent of U.S. equity volume, an increase from less than 1 percent two decades ago when they were a neglected area of the market, according to academic research. But "high-frequency" traders allegedly have latched onto odd lots to "ping" the market to gauge buying or selling interest, without the trade data being widely disseminated. How much the odd lots will contribute to average daily trading volume at the New York Stock Exchange and Nasdaq won't be known until Tuesday, spokesmen for the two exchanges said.
The US derivatives regulator has drawn up plans to bring more transparency to futures trading, a move that could tilt the competitive balance between commodity exchanges. The block trading rule would set ...
On Dec 5, we reiterated stock exchange operator Nasdaq OMX Group Inc. at Neutral based on its critical current sustainability factors.
To honor the life and legacy of Former South African President Nelson Mandela, the New York Stock Exchange will observe a 1-minute moment of silence today at 9:25 a.m. EST on the trading floor.
IntercontinentalExchange Chairman and CEO to Present at Goldman Sachs Financial Services Conference on December 10PR Newswire Dec 6
ATLANTA, Dec. 6, 2013 /PRNewswire/ -- IntercontinentalExchange Group (NYSE: ICE), the leading global network of exchanges and clearing houses, announced today that Jeffrey C. Sprecher, Chairman and CEO, ...
ATLANTA, Dec. 5, 2013 /PRNewswire/ -- IntercontinentalExchange Group (NYSE: ICE), the leading global network of exchanges and clearing houses, announced today that ICE Futures Canada reached a daily volume ...