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Stock Market & Financial Investment News

News Breaks
March 18, 2013
07:09 EDTCME, ICE, NYX"Wash trades" investigated by CFTC, WSJ reports
The Commodity Futures Trading Commission is investigating whether high-frequency traders are routinely distorting stock and futures markets by illegally acting as buyer and seller in the same transactions--known as wash trades--sources say. They’re banned by U.S. law because they can feed false information into the market and be used to manipulate prices, reports the Wall Street Journal.Reference Link
News For CME;ICE;NYX From The Last 14 Days
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August 27, 2014
17:22 EDTCMECME Group promotes John Pietrowicz to CFO
CME Group announced that it has promoted John Pietrowicz to Senior Managing Director and CFO as James E. Parisi, who has held that role since 2004, will retire from the company on December 31. Pietrowicz who has been with the company since 2003 and has been serving most recently as Senior Managing Director, Corporate Development & Finance and Deputy CFO, will move into the CFO role effective upon Parisi's resignation. Parisi will remain with the organization in his current role through yearend to ensure a smooth transition.
August 25, 2014
06:42 EDTCMECME restarts electronic trading after mishap postpones open, Reuters says
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