Trading

SIFMA appoints former U.S. lawmakers to top posts

Judd A. Gregg and Kenneth E. Bentsen Jr. and were named CEO and president, respectively, of the Securities Industry and Financial Markets Association.

May 20, 2013 | 04:13 pm

Apple bonds expected to be part of major indexes

Barclays U.S. Aggregate, Standard & Poor's U.S. corporate and other major bond indexes are expected to include $14 billion of the $17 billion in bonds Apple Inc. sold Tuesday, said Colin Robertson,...

May 01, 2013 | 02:28 pm

Colorado Fire & Police creates managed futures allocation, pledges $49 million to alts

Colorado Fire & Police Pension Association, Greenwood Village, approved a new asset allocation that includes a new 5% allocation to managed futures strategies and committed a total of $49 million to...

April 29, 2013 | 02:17 pm

Exchanges creating programs to attract ETP investors and market makers

Amid the blistering pace of exchange-traded product launches in 2012, a subtle undercurrent of skepticism began to creep into the market for new issues.

April 29, 2013

BlackRock and MarketAxess to create trading alliance

BlackRock Solutions and MarketAxess Holdings on Tuesday announced the firms will create a U.S credit trading alliance.

April 24, 2013 | 12:15 pm

S&P 500 closes at record high amid GDP growth, optimism over Europe

The Standard & Poor's 500 index rose to an all-time high Thursday, wiping out losses from the financial crisis, as economic growth slowed less than previously estimated and concern about Europe's...

March 28, 2013 | 04:30 pm

S&P 500 tops record closing level as Cyprus concerns ease

U.S. stocks rose Thursday, sending the Standard & Poor's 500 index above its record closing level, as the reopening of banks in Cyprus helped ease concern about Europe's debt crisis.

March 28, 2013 | 11:10 am

Not a way to end abuses

The proposed U.S. transaction tax leads investors on a path that in other markets has created distortions in trading, liquidity and costs, while achieving none of the hoped-for objectives in...

March 18, 2013

U.S. financial transaction tax bill introduced in Congress

Legislation introduced Thursday by Sen. Tom Harkin, D-Iowa, and Rep. Peter DeFazio, D-Ore., would impose a 0.03% tax beginning in 2014 on non-consumer financial trading, including stocks, bonds and...

February 28, 2013 | 04:08 pm

SEC proposes BNY Mellon pay $23 million cross-trading settlement

The SEC issued a proposed plan for distributing $23 million to some institutional clients of BNY Mellon Securities harmed by cross trades that favored some hedge fund customers.

February 11, 2013 | 04:02 pm

EBSA clears way for pension fund swaps use

Legal uncertainty that kept pension plan sponsors from executing swaps contracts faded Thursday with an advisory opinion issued by the Labor Department's Employee Benefits Security Administration.

February 08, 2013 | 04:17 pm

ING pays $5.7 million in settlement over trading policy disclosure

ING Life Insurance and Annuity Co. will pay retirement plan clients $5.2 million as part of a settlement with the Department of Labor over charges that ING kept the gains from transaction processing...

February 04, 2013 | 03:31 pm

Schroders equity trader arrested in insider-trading probe

Damian Clarke, an equity trader at Schroders PLC, was among two men and three women arrested by the U.K.’s Financial Services Authority as part of an insider-trading probe.

January 22, 2013 | 03:01 pm

Miami Beach pension fund wins shareholder suit over currency derivatives

Fibria Celulose agreed to pay shareholders $37.5 million to settle a lawsuit brought by the City of Miami Beach (Fla.) Pension Fund for Firefighters and Police Officers over $2.13 billion of currency-...