The fabled New York Stock Exchange isn’t what it used to be. Today’s NYSE Euronext has lost a huge volume of trading to upstart computerized exchanges in recent years, and scandals have tarnished its luster. Now, Germany’s Deut…
The pint-size Manhattan bank’s market cap of $2 billion is dwarfed by JPMorgan’s $161.5 billion and BofA’s $126.4 billion. Still, Signature has done far better for investors this year. By steering clear of risky derivatives and…
U.S. regulators voted in favor of limiting financial institution ownership of derivatives clearinghouses, exchanges and trading platforms to 20% and capping ownership of venues that clear securities-based swaps at 40%.
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