Firm fined US$1.3 million in two actions
NYSE Regulation today announced disciplinary actions against three firms.Morgan Stanley & Co. Inc. allegedly violated NYSE rules by failing to provide for, maintain, and implement appropriate blocks and inhibitors within electronic trading systems to prevent erroneous orders from being routed to the NYSE floor; and failing to have adequate procedures for training, supervision and control […]
Charges also issued against nine others in connection with interpositioning investigation
NYSE Group Inc. reported net income of US$45.5 million for the three months ended December 31, 2006, compared to a US$20.3 million loss for the quarter last year.Fourth quarter 2006 results include the quarterly results from the operations of NYSE Arca. The merger between NYSE Inc. and Archipelago Holdings Inc. closed on March 7, 2006. […]
NYSE Group and the Tokyo Stock Exchange today announced a strategic alliance.Under the terms of the agreement, NYSE Group and the TSE will establish formal working groups that will meet regularly to engage in ongoing dialogue and development activities on specific areas of mutual interest, which will include: Information and market infrastructure systems and technology, […]
Combination of major U.S. and European stock exchanges marks a notable step in the continuing globalization of the world’s capital markets, says SEC chairman
Phase IV will bring advanced order routing choices and even greater speed
Firms cited for violations of order handling obligations, short lales and intermarket trading system commitments
New options trading platform to begin Jan. 26
Agrees to acquire 5% equity interest in National Stock Exchange