New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 18, 2014
10:20 EDTNDAQ, ICENew York AG calls for new efforts to end high-frequency trading advantages
New York Attorney General Eric Schneiderman called for tougher regulations and market reforms intended to eliminate what he called the unfair advantages commonly provided to high-frequency trading firms at the expense of other investors. Schneiderman detailed a number of services that trading venues offer to high-frequency traders and the damaging impact of those services on the rest of the market. Those services, "which in the hands of predatory high-frequency traders distort our markets," include allowing traders to locate their computer servers within trading venues themselves; providing extra network bandwidth to high-frequency traders; and attaching ultra-fast connection cables and special high-speed switches to their servers, the AG said. Each of these services offers clients a timing advantage often in milliseconds that allows high-frequency traders to make rapid and often risk-free trades before the rest of the market can react, Schneiderman added. To address this imbalance in the markets, which now tilt in favor of high-frequency traders, Attorney General Schneiderman today called on the exchanges and other regulators to review the feasibility of certain market structure reforms that could help eliminate some of the fundamental unfairness in our markets. One detailed proposal would seek to correct this imbalance by processing orders in batches in frequent intervals, to ensure that price not speed is the deciding factor in who obtains a trade. Publicly-traded companies that own exchanges include Nasdaq (NDAQ) and IntercontinentalExchange (ICE), which owns the New York Stock Exchange. Reference Link
News For NDAQ;ICE From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 8, 2016
07:23 EDTICECredit Suisse to hold a forum
17th Annual Credit Suisse Financial Services Forum is being held in New York where on February 8, some of the companies will be hosting dinners, followed by company presentations on February 9-10.
February 4, 2016
08:14 EDTICEICE increases quarterly dividend 13% to 85c per share
Subscribe for More Information
07:33 EDTICEIntercontinentalExchange sees Q1 adjusted operating expenses $490M-$500M
Subscribe for More Information
07:32 EDTICEIntercontinentalExchange reports Q4 adjusted EPS $3.27, consensus $3.01
Q4 consolidated revenues, less transaction-based expenses, increased 9% to $875M compared to the same period in 2014. Included in this amount are $470M of transaction and clearing revenues, less transaction-based expenses. Consensus is $866.77M.
February 3, 2016
14:48 EDTICENotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include Philip Morris (PM), consensus 81c... AstraZeneca (AZN), consensus 88c... Occidental Petroleum (OXY), consensus (12c)... ConocoPhillips (COP), consensus (65c)... Cigna (CI), consensus $1.80... Intercontinental Exchange (ICE), consensus $3.01... Boston Scientific (BSX), consensus 25c... Charter Communications (CHTR), consensus (12c)... Ralph Lauren (RL), consensus $2.13... Dunkin' Brands (DNKN), consensus 50c... GrubHub (GRUB), consensus 14c... Level 3 (LVLT), consensus 53c... AmerisourceBergen (ABC), consensus $1.25... Cummins (CMI), consensus $2.11.
08:34 EDTICEICE reports January futures volume up 15%
Subscribe for More Information
February 2, 2016
07:20 EDTNDAQSEC Equity Market Structure Advisory Committee to hold a meeting
Subscribe for More Information
January 28, 2016
08:37 EDTICENYSE outlines plans to strengthen equity market structure
Subscribe for More Information
07:07 EDTNDAQNasdaq reports Q4 EPS 89c, consensus 89c
Reports Q4 revenue $536M, consensus $530.16M. The company initiated 2016 non-GAAP operating expense guidance of $1.11B-$1.16B
07:04 EDTNDAQNasdaq CFO Lee Shavel to retire
Nasdaq announced that Lee Shavel, CFO and EVP, Corporate Strategy will retire, effective March 31. Shavel has accepted a position to join the board of a public company. Ron Hassen, SVP and Corporate Controller, Nasdaq, will serve as interim CFO, as the company conducts an active search to fill the role. Hassen has been with Nasdaq for nearly 15 years and previously served as interim CFO.
January 27, 2016
08:32 EDTNDAQIteris moves to NASDAQ
Iteris (ITI) announced that it has met the listing criteria for the NASDAQ (NDAQ) Capital Market and will move its listing from NYSE MKT to the NASDAQ Capital Market, effective with the start of trading on February 8, 2016. Iteris will continue to trade under its existing ticker symbol "ITI". Iteris common stock will trade on the NYSE MKT until the market close on February 5, 2016.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use