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Stock Market & Financial Investment News

News Breaks
July 3, 2014
08:35 EDTICEIntercontinentalExchange reports June futures and options ADV down 26%
Intercontinental Exchange reported exchange traded volumes for June and Q2, stating that for June and Q2 futures and options average daily volume, or ADV, decreased 26% and 20%, respectively, compared to prior year periods. June commodity ADV declined 14% year to year, despite an 18% increase in Brent ADV and a 7% increase in Other Oil ADV. Financial ADV decreased 33% due primarily to continued low volatility. In June, NYSE’s U.S. cash equities ADV declined 21% and U.S. options ADV declined 27% year to year. The NYSE’s second quarter U.S. cash equities and U.S. options ADV decreased 12% and 21% year to year, respectively.
News For ICE From The Last 14 Days
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October 13, 2014
07:42 EDTICENYSE gets SEC approval for proposed rule changes
The New York Stock Exchange, on October 9, got final SEC approval for a rule change to amend its Rule 13 to allow an Add Liquidity Only modifier for day limit orders and to allow the day time-in-force condition and ALO modifier for Intermarket Sweep Orders. Analysts say the change allows the exchange to potentially gain ground on rivals that have long had the same deal, according to the New York Post, which quoted Haim Bodek as saying, “This is basically a blessing for exchanges to continue volume growth by accommodating HFT strategies and introducing asymmetry in the marketplace." Reference Link

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