trading

SEC: No More 'Naked' Access to Stock Market for Traders

Traders will no longer be able to make direct trades without broker supervision. As part of a series of changes after May's "flash crash," the U.S. Securities and Exchange Commission decided Wednesday to bar traders from having "naked" access to stock markets.

Short-Term Trading: Is It a Wise Strategy?

On his Mad Money show last week, Jim Cramer encouraged viewers to add short-term trading to their portfolios. But how can an investor determine with certainty when a stock has "flown too high" and when to buy it back?

Ex-Societe Generale Exec Kerviel Sentenced in Trading Scandal

A French judge sentenced former trader Jerome Kerviel to three years in prison and ordered him to repay a 4.9 billion euro ($6.8 billion) in damages to Societe Generale SA (SCGLY), saying that Kerviel's actions had threatened the bank's existence.

Daily Blogwatch: This Week's Best iPhone Apps

Some of the best reads for investors from around the Web, including posts about the top iPhone apps (at least this week), the Standard & Poor's 500 index's climb, the argument for going short and why stocks may be in a bubble.

Bank of America Reportedly Planning Layoffs

Bank of America (BAC) is laying off as many as 400 people as revenue from trading and advising clients falls. Bank of America, the country%u2019s largest bank by assets, is laying off people ranging from junior analysts to managing directors, Bloomberg News said without naming its sources.

It Could've Been You: Five Wrongly Convicted People

Some of the best reads for investors from around the Web, including posts about the market rising in spite of the Hindenburg Omen, 10 high-yield stocks and signs we're in a depression instead of a recession.

Mr. Dow's Wild Ride Returns Index to Where 2010 Began

The Dow closed Friday at 10,424.62, within an eyelash of where it began the 2010 trading year, after a furious March and April rally that took it to just over 11,205, and a fear-driven bull that pushed it back down again to just under 9,700.

Circuit Breakers Let Cooler Heads Prevail

Why do circuit-breakers on stocks make sense? A simple manual cross-check of prices can help mitigate volatility "if things get out of whack," says Doreen Mogavero, CEO of Mogavero Lee & Co., in a video interview from the floor of the NYSE.

Did a Trader's Error Worsen the Market Fall?

Wall Street collectively watched its life flash before its eyes Thursday as the DJIA suffered the single worst intra-day drop in its history. But were legitimate concerns about Europe exacerbated by human error, only to be compounded by high-frequency automated trades that ripped the bottom out of the market?

SEC Considers Tracking Big Traders

Most investors remain in the dark about the real reasons stocks move up and down -- a practice called flash trading. The Securities and Exchange Commission is proposing tracking the biggest traders, an important step toward bringing this practice to light and leveling the playing field for most investors. But far more information is needed.

Russell 3000 Adds 16 Newly Public Companies

The U.S. broad-market Russell 3000 Index will rebalance with 16 newly public companies at the end of March. It's a welcome increase from the single IPO added in the first quarter of last year, but a drop from the 28 added in the fourth quarter.

The Newest Franken-Finance Creation: Liquidity Derivatives

Bet you thought the financial world had learned a bit of prudence from the recent meltdown. But no. Citigroup has a clever new derivative for the markets, and this latest attempt at selling "end-of-the-world insurance" could be just as dangerous to the system as credit default swaps were.

Obama Plans to Double U.S. Exports by 2015

Commerce Secretary Gary Locke on Thursday is expected to discuss an ambitious plan to double U.S. exports to $2 trillion by 2015. The initiative will aim to help struggling farmers and small businesses distribute more of their goods -- and seeks to add 2 million jobs to the economy.