- Forget Facebook: Why Regular Joes Can't Invest in the Decade's Hottest IPO — and Probably Shouldn't Try
- By Nancy Miller | @05-25-12
- Even after some disappointing news came to light in the company's latest public filing earlier this week, investors are jostling to get shares in Facebook's epic debut in the stock market next month. Fuhgeddaboudit: Individual investors are unlikely to be able to buy Facebook shares before they ...
- As CME extends grain trade, time is money for US farmers
- From Internet | @05-25-12
- * Longer hours in cash market after futures trade extended * Two closes to grains trade cause confusion for bids By Michael Hirtzer and Meredith Davis CHICAGO, May 24 (Reuters) - The CME Group's longer trading hours has brought some uncertainty to ...
- Lawmakers prepare to examine US exchanges
- BY Dow Jones | @05-25-12
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U.S. lawmakers plan to hold a hearing next month on how the transformation of domestic capital markets by technology is affecting average investors, with the fumbled flotation of Facebook still fresh in shareholders' minds.Exchange executives, traders and regulators are expected to appear before members of the House Committee ...
- Letter from Eagle to CME Group
- From Internet | @05-24-12
- Ron Manaster, Chairman of Eagle Market Makers wrote the following letter. It was delivered by electronic mail to the chairman, Chief Executive Officer, Chief Operating Officer and all Members of the Board of Directors of CME Group Holdings, at approximately 5:00pm Monday, May 21, 2012. He has asked me to ...
- So, You Think You Really Know What Happened with Facebook’s IPO on Friday?
- From Internet | @05-23-12
- We received many calls on Friday looking for our take on how NASDAQ handled the Facebook IPO. We answered those calls fairly un-sensationally, and even congratulated NASDAQ for not BATS-ing. Looking back on Friday's action, and our perceptions, we were actually relieved that Facebook didn't do a Faceplant. Isn't it ...
- Risk and the City
- By John Gapper | @05-22-12
- How London bankers learned to gamble. Not so many decades ago, the City-London's financial district-was deadly dull compared with Wall Street, with its Milkens and black swans. It's been catching up in a hurry. JPMorgan's $3 billion-and-counting loss, partly caused by trader Bruno Iksil, who was known as "the ...
- Why the Internet Makes It Impossible to Stop Giant Wall Street Losses
- By Bill Davidow | @05-22-12
- In 1984, Yale sociologist Charles Perrow published his classic book, Normal Accidents: Living with High-Risk Technologies. The odd term, "normal accident," Perrow wrote, is meant to signal that, given a system's characteristics, multiple and unexpected interactions of failure are inevitable. Perrow studied "normal accidents" that occur in nuclear ...
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