electronic trading

The Nasdaq Hacking Case Raises Big Red Flags for Exchanges

The frightening revelations over the past few days that hackers had penetrated certain systems at the Nasdaq stock exchange are reverberating throughout the financial world. Did cyber-crooks gain access to inside information that can used to reap ill-gotten gains?

UBS makes a $31 billion order error

UBS (UBS) blames a computer glitch for placing off-hour buy and sell orders of Capcom Co. (CCOEF) convertible bonds worth $31 billion (3 trillion...