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 indexed-based funds continue to see inflows increase even as other asset classes have seen investors pull back contributions in the face of market volatility. Laura Morrison, head of U.S. ETF trading and listings at NYSE Euronext says hitting this mark in 2010 bodes well for the industry going into next year.
Continue reading U.S. ETFs Break the $1 Trillion Milestone
U.S. ETFs Break the $1 Trillion Milestone originally appeared on DailyFinance on Fri, 17 Dec 2010 17:50:00.
Authorities spotted what appears to be a $7.9 billion computer glitch at NYSE Euronext’s Arca stock market.
A system upgrade at Arca triggered an apparent 9.6% drop in an exchange-traded fund Monday, Bloomberg News said. That plunge would have knocked $7.9 billion off one of the country’s most popular securities.
The SPDR S&P 500 ETF Trust was trading at $106.46 at 4.15pm…
Continue reading Computer Glitch Could Have Wiped $7.9 Billion Off ETF
Computer Glitch Could Have Wiped $7.9 Billion Off ETF originally appeared on DailyFinance on Tue, 19 Oct 2010 09:09:00.
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