Larry Leibowitz, the chief operating officer of the New York Stock Exchange, is not intimidated by computerized trades. He tells Steve Kroft the computers are just as good or better on average than their human counterparts.
High frequency trader Manoj Narang says he's helping small investors, not hurting them, because he's always in the market, keeping trading costs down and providing what's called liquidity
Steve Kroft gets a rare look inside the secretive world of "high-frequency trading," a controversial technique the SEC is scrutinizing in which computers can make thousands of stock trades in less than a second (CBS) It may surprise you to ...
. The Dow Jones industrial average gained 124.58 points, or 1.03 percent, to 12,214.61. The Standard & Poor's 500 Index added 11.69 points, or 0.89 percent, to 1,321.82. The Nasdaq Composite Index rose 20.14 points, or 0.73 percent, to 2,765.77. . The dollar ...
EUR/USD saw a bit of short-covering late in the European session, rising briefly to the 1.3566 level before slipping back to opening level right around 1.3520. It was one of the quietest days in weeks. USD/JPY slipped back after the Fed ...
NEW YORK (CNNMoney.com) — China continues to manipulate its currency and the nation’s “exclusionary” trade policies have contributed to a massive deficit with the United States, a special commission said Wednesday. According to a draft of its annual report to Congress, ...
It’s a long time since anyone could wholeheartedly sing, “When Irish eyes are smiling…” Smiles in Dublin have been in short order for sometime now. Anyone who has read MarketMind in the past will know that I whilst not anti European, ...
Hedge-fund managers George Soros, John Paulson and Eric Mindich have surmised as much, judging by the massive stakes they held in SPDR Gold Trust ETF(GLD 130.44, +0.06, +0.05%), the leading exchange-traded gold fund and the world’s second-largest ETF with assets of almost ...
BEIJING—China will step up oversight of inbound foreign-direct investment and pay special attention to hot-money flows into certain sensitive sectors such as the property market, Ministry of Commerce spokesman Yao Jian said Tuesday. The comment comes a day after China announced ...
AUD/USD managed to reconquer an important line that served as resistance, and it now settles above it, as risk appetite is back in town. How will it close the week? Here’s a quick update on technicals, fundamentals and community trends. AUD/USD ...
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