The U.S. Securities and Exchange Commission on Wednesday took the first step in potentially changing how essential stock market data is governed following years of complaints by brokers that the exchanges that control the data are conflicted in their role.
The U.S. securities regulator has asked at least two trading firms for information regarding a broad investigation into initial public offerings and direct listings going back five years on the New York Stock Exchange, a person familiar with the matter told Reuters on Friday.
NEW YORK Exchange operator IEX Group on Tuesday said it plans to introduce a new way to place stock orders that will reduce the chance of trading when the price is likely to move away, leveling the playing field between fast and slow traders.
NEW YORK The U.S. lawmakers behind a bill to stop a large federal retirement pension plan from investing in a fund that includes China-listed shares said the pension plan's administrators are being misleading about what their bill entails.
NEW YORK The group overseeing a large U.S. federal pension fund said recent legislation aimed at preventing it from investing in China-based companies will deprive its participants of a significant opportunity for retirement returns if passed.
NEW YORK, Nov 20 U.S. stock exchange operators
have filed plans with the U.S. Securities and Exchange
Commission aimed at lowering the cost and speeding up the
process of launching new exchange-traded funds, which could give
a boost to the more-than $3 trillion market.
NEW YORK New York Stock Exchange affiliate NYSE Chicago has lowered its transaction fees and eliminated rebate payments following the exchange's transition to a new technology platform, according to a regulatory filing.
NEW YORK A pension fund for federal workers on Wednesday said it will begin tracking a benchmark that includes China-listed companies, despite strong opposition from a bipartisan group of Senators.
Cboe Global Markets Inc on Friday launched a service aimed at wooing retail stock orders, as the exchange operator posted better-than-expected third-quarter results, boosted by higher trading volume in its proprietary products.