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High Frequency Trading

Report: SEC, Nasdaq Eye Pact Over FB

As part of a more aggressive stance against exchanges, U.S. regulators are reportedly on the verge of slapping Nasdaq OMX Group (NASDAQ:NDAQ) with a $10 million fine over its handling of the botched Facebook (NASDAQ:FB) initial public offering almost exactly a year ago.The fine would underscore the tougher regulatory posture facing exchanges amid rising concern about the safety and fairness of the financial markets in the wake of the Facebook IPO and the 2010 flash crash.According to The Wall Street Journal , the Securities and Exchange Commission is "putting the finishing touches" on a settlement with Nasdaq over the May 18, 2012, debut of Facebook, which was hampered by technical glitches at the exchange that left investors in the dark.In what would be the largest fine by the SEC against an exchange, Nasdaq is expected to pay a $10 million fine, the Journal reported.At a higher level, regulators are focused on a shift in exchanges' business models that could be putting profits ahead ...

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  1. Analysis: False White House tweet exposes instant trading dangers

    The upheaval in financial markets caused by a false report of explosions at the White House was brief, but its effect on traders who have come to rely on Twitter may...

  2. U.S. stock exchanges call for new rules on "dark pools"

    The chief executives of three major U.S. stock exchanges have called on regulators to take steps to reduce trading taking place away from public exchanges, saying th...

  3. State Street electronic FX chief departs in shake-up

    State Street Corp said on Saturday the top executive of its electronic foreign exchange trading business has left the company in a leadership shake-up.The departure ...

  4. State Street electronic FX chief departs in leadership shake-up

    State Street Corp said on Saturday the top executive of its electronic foreign exchange trading business has left the company in a leadership shake-up.The departure ...

  5. A roadmap for hitting your financial goals

    March was a relatively quiet month for the All-Cap Value portfolio . I did not make any changes to the portfolio, and returns were roughly in line with the S&P 500. ...

  6. Report: High-Speed Trading Exec Unlikely to Join SEC

    The Securities and Exchange Commission reportedly sought to lure high-frequency trading executive Chris Concannon to take a high-level post, but the partner at Virtu...

  7. Exchange CEOs meet regulators on dark pools, internalizers

    The chief executives of three of the top exchanges met with regulators in Washington DC on Tuesday to express concerns about the negative effects associated with the...

  8. What is High Frequency Trading ?

    HFT is the acronym that much of the trading community loves to hate. If statistics are correct, it accounts for the overwhelming majority of market volume every day....

  9. NFIB Small Business Index Rises to 90.8 In February

    FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.

  10. SEC Looking to Hand Out Punishments that Fit the Crime

    The Securities and Exchange Commission is experimenting with punishments that more closely fit the wrongdoing at issue in a bid to give its enforcement cases more bi...

  11. SEC testing customized punishments

    The Securities and Exchange Commission is experimenting with punishments that more closely fit the wrongdoing at issue in a bid to give its enforcement cases more bi...

  12. Finishing Dodd-Frank Rules 'imperative': White

    Finishing rulemaking under the Dodd-Frank Wall Street-reform law must be an "immediate imperative" for the Securities and Exchange Commission, SEC chairman-nominee M...

  1. Report: SEC Looks to Hire Schwab Exec

    After striking out with a high-frequency trading executive last month, the Securities and Exchange Commission is now reportedly attempting to recruit a Charles Schwa...

  2. Donations, lobbying by high-speed traders on the rise: report

    High-frequency trading firms increased their campaign contributions to federal lawmakers by 673 percent from the 2008 to the 2012 election cycle, according to a repo...

  3. High-Speed Traders Capitalize on Loophole

    High-frequency trading firms are reportedly exploiting a hidden loophole at the Chicago Mercantile Exchange to gain a crucial head start against other traders in the...

  4. Speed traders eyed after Twitter hack attack: regulator

    The phony tweet from the Associated Press' hacked Twitter account, which sparked a short-lived panic in the stock market a week ago by saying that President Barack O...

  5. Former Goldman programmer fails to win dismissal of code theft case

    A former Goldman Sachs Group Inc computer programmer failed to win the dismissal of charges by Manhattan's district attorney of stealing secret trading code, despite...

  6. Symantec Plummets 11% in Seconds

    Shares of security software maker Symantec (NASDAQ:SYMC) mysteriously plummeted nearly 11% in just seconds on Tuesday, wiping out $1.7 billion in market value before...

  7. EBS to Rein In High-Frequency Traders

    Foreign-exchange platform EBS is considering strict new handicaps on high-frequency trading.ICAP PLC (IAP.LN, IAPLY)-owned EBS is planning changes to how it processe...

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