Tag Archives: investors

Knightmare on Wall Street’s Edgar Perez on ‘Knight Capital, Goldman Sachs and NASDAQ’s trading glitches, a Sad New Market Reality?’

Mr. Edgar Perez, Author,  The Speed Traders and Knightmare on Wall Street, will provide the keynote speech “Knight Capital, Goldman Sachs and NASDAQ’s trading glitches, a Sad New Market Reality?” at High-Frequency Trading Leaders Forum 2013 Chicago, “Strategic and Tactical … Continue reading

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OPEN LETTER to SEC Chairman Mary Jo White: Maintaining the Standing of the U.S. as the World’s Most Sophisticated Financial and Trading Market

Dear chairman Mary Jo White, As informed by NASDAQ after the August 22 incident, price quotes were not being disseminated by the Securities Information Processor (SIP) for three hours. There was a connectivity issue, which led to degradation in the … Continue reading

Posted in CFTC, Equity Markets, FINRA, High Frequency Trading, knight capital, NASDAQ, NYSE, Regulatory Updates, SEC, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

On Heels of Recent Outage, NASDAQ Suffers Another Knightmare on Wall Street

The Wall Street Journal’s Jacob Bunge reports that just ahead of a meeting Wednesday to discuss last month’s unprecedented three-hour trading outage, Nasdaq officials got another unexpected jolt: The main data feed for Nasdaq Stock Market-listed stocks went down again. … Continue reading

Posted in Breaking News, Equity Markets, Flash Crash, NASDAQ, NYSE, SEC, World Exchanges | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Maintaining the Standing of the U.S. as the World’s Most Sophisticated Financial and Trading Market

Knightmare on Wall Street‘s author, Edgar Perez, chastised U.S. regulators for their performance during NASDAQ’s “Flash Freeze”. Market participants appreciate visible leadership that goes beyond statements sent though press offices, he said. “Both individual and institutional investors would have felt … Continue reading

Posted in Equity Markets, Events, FINRA, Flash Crash, High Frequency Trading, knight capital, NASDAQ, NYSE, Regulatory Updates, SEC, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Bob Greifeld, Nasdaq Chief, Defends Handling of Trading Halt

The New York Times report that the chief executive of the Nasdaq stock exchange, Robert Greifeld, on Friday shot back at criticism of how his exchange handled a three-hour halt in trading on Thursday afternoon. Mr. Greifeld said in an … Continue reading

Posted in Equity Markets, Market Making, NASDAQ, NYSE, SEC, World Exchanges | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Nasdaq Glitch Prompts Two-hour Shutdown and Fears Over Stability

The Guardian reports that a glitch in the Nasdaq stock market resulted in an unprecedented shutdown of trading of over 2,000 major US stocks and options for more than two hours, creating confusion around the shares of the biggest companies … Continue reading

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Nasdaq Investigating Problem That Forced Trading Halt, No Answers Yet

Forbes’ Steve Schaefer reports a technical issue led the Nasdaq stock market to halt all trading in shares listed on its exchange, and request fellow exchanges do the same. The New York Stock Exchange acknowledged it had done so at … Continue reading

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Trading Halted in Nasdaq Securities like Facebook, Microsoft and Apple… Did the NASDAQ Guys Read Knightmare on Wall Street?

According to The Wall Street Journal, U.S. stock exchanges on Thursday just halted trading in all securities listed on NASDAQ because of a technical issue, exchange officials said. NASDAQ announced the halt at 12:15 p.m. ET Thursday, and other exchanges … Continue reading

Posted in Dark Pools, Equity Markets, Flash Crash, High Frequency Trading, NASDAQ, NYSE, SEC | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Knightmare on Wall Street Book Review: How Knight Capital Fumbled its Best Opportunity to Shine

Ever since the Knight Capital trading disaster broke in August 1, 2012, investors and traders have been morbidly fascinated by the incident. How had so sophisticated a company managed to burn though $440 million in a bit more than half … Continue reading

Posted in Breaking News, Equity Markets, High Frequency Trading, knight capital, Market Making, NASDAQ, NYSE, SEC, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 5 Comments

Top 25+ Finance and Investing Leaders Joining World’s Most Influential HFT Conference in London

“Strategic and Tactical Insights for Investors, Speed Traders, Brokers and Exchanges” is the theme of High-Frequency Trading Leaders Forum 2013 (http://www.High-Frequency-Trading-Conference.com) forum that will provide attendees in London (March 21) with the most up-to-date review of where this ever-changing industry … Continue reading

Posted in Breaking News, Dark Pools, Equity Markets, Events, Flash Crash, High Frequency Trading, knight capital, London Exchange, London Stock Exchange, SEC, World Exchanges | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment