Overstock's lawsuit against Goldman Sachs and Merrill Lynch was dismissed by a judge because the company could not prove the investment firms violated naked short sale rules in California...
A "very broad agreement" in favour of an EU financial transaction tax emerged at the start of the Economic and Monetary Affairs Committee's work on the legislative proposal...
The Conifer Group has announced the appointment of Howard Eisen to join its Securities sales team as it expands its client base to include alternative asset managers of all stripes...
The Karachi Stock Exchange (KSE) has announced the development of a Risk Management Gateway System (RMGS) for brokerage houses, scheduled for launch by the end of January...
As the Nigerian Stock Exchange moves closer to implementing naked short selling, rules are being finalised and dealing members are out, according to local media reports...
In a bid to boost sales and cut costs, ING has merged cash equities, equity derivatives and global securities finance into one unit, reports Bloomberg...
OCC's total cleared contract volume in 2011 reached 4.6 billion contracts, a 17 percent increase over the 2010 volume, marking the ninth consecutive year of record volume for the clearer...
Total trading volume at Eurex Group in 2011 was at 2.8 billion contracts in 2011 with average daily volume of 11.1 million contracts, an increase of 7 per cent over last year...
Norway's economic crime prosecutor has fined four finance companies NOK400,000 (€51,586) for allowing shares to be sold short before they were eligible for trading...