New York Stock Exchange brokerage firms reported a loss of almost US$7billion for the third quarter.NYSE member firms that conduct business with the public (which excludes market makers) reported a third-quarter 2008 after-tax loss of US$6.95 billion on revenues of US$44.13 billion, compared with US$2.49 billion in after-tax losses on revenues of US$78.79 billion in […]
Brokerage firms on the New York Stock Exchange returned to profitability in the second quarter, although they reported a sharp decline from the same period a year ago.NYSE member firms that conduct business with the public reported after-tax profits of US$1.07 billion (for the second quarter, down from US$2.75 billion in the same quarter a […]
Web sites can buy last-trade data from NYSE and offer it free to the public
New York Stock Exchange member firms lost more than US$14.5 billion in the first quarter, the exchange reported.The NYSE said that firms that conduct business with the public (the category generally also includes firms that trade primarily for their own account, but excludes specialists) reported a first quarter 2008 after-tax loss of US$14.50 billion, compared […]
NYSE Regulation today announced disciplinary actions against a trio of high-profile Wall Street firms for a variety of rule violations.The exchange sanctioned Merrill Lynch, Pierce, Fenner & Smith, Inc. for failing, on approximately 1,000 occasions, to prevent a former trader from making post-execution account designation changes in customer accounts without prior supervisory review and written […]
NYSE Euronext appoints Niederauer as CEO
NYSE Regulation reports that it has disciplined several firms for a variety of violations of exchange rules, and several individuals have also been sanctioned, including one that got into a fight in the exchange floor.RBC Capital Markets Corp. was one of the firms reported disciplined today. It consented without admitting or denying guilt to findings […]
Firms will pay a total of US$10.425 million
The NYSE Euronext is the first stock exchange to submit financial reporting information using interactive data.The U.S. Securities and Exchange Commission announced that in furnishing its financial information in eXtensible Business Reporting Language (XBRL) format, NYSE Euronext has joined more than 40 public companies that are leading the way in making filings more accessible and […]
First approval given to a foreign exchange under China’s new regulation