NYSE Gears Up for Hurricane Irene
With hurricane Irene threatening to strike New York City on Sunday, the U.S. stock exchange has contingency plans, but still plans to open on Monday.
Mexican Broker Implements FIX Flyer
Actinver Grupo Financiero is using Fix Flyer's engine for routing client orders to the Bolsa Mexicana de Valores as well as Daytona Monitoring to measure latency of FIX sessions with all counterparties.
Savvy Investors Snatch Up Equities Following Massive Selloff
The old adage buy low, sell high played out Tuesday morning with a vengeance, as investors snapped up battered bank shares at a discount. Meanwhile the Dow Jones Industrial Average roared back - at least temporarily - ahead of an announcement from Federal Reserve Chairman Ben Bernanke.
ICE Unveils Brazilian Electric Power Exchange
Global clearinghouse and exchange operator IntercontinentalExchange announced the launch of a Brazilian marketplace for trading electronic power contracts, a platform it said will boost pricing transparency in the nation's energy sector.