Stocks

Can investors keep up with electronic markets? Fallback Image Decorative pattern

Industry

Can investors keep up with electronic markets?

The speed and complexity of electronic markets has continued to change at a rapid pace, with The New York Times reporting trade times are now measured in millionths of a second. Despite the benefits of cheaper and speedier trading, though, recent studies suggest there may be some major drawbacks for investors. Read: The limits of […]

August 14, 2012

1 min read

Maple renamed as TMX offer completed Fallback Image Decorative pattern

Industry

Maple renamed as TMX offer completed

Maple Group Acquisition Corporation has officially been renamed TMX Group Limited. The Montreal exchange announced the expiry of the deposit extension period in respect to Maple’s offer today, and approximately 95.4% of the outstanding shares have been deposited under the offer, up from 91% during the finalization of the offer. Read: TMX takeover leaves questions […]

By Staff |August 13, 2012

1 min read

Man United cut share price before debut Fallback Image Decorative pattern

Industry

Man United cut share price before debut

Canada is busy celebrating its Olympic women’s soccer team, but not all clubs are having the same success. Shortly before the debut of its IPO on the NYSE, Man United slashed its share price, expected to range from $16 to $20, to only $14, reports the Guardian.

By Wire services |August 10, 2012

1 min read

Knight Capital receives lifeline after trading error Fallback Image Decorative pattern

Industry

Knight Capital receives lifeline after trading error

Knight Capital Group—the firm responsible for last week’s stock market mayhem—was offered a US$400 million lifeline from other Wall Street companies yesterday. But, the handout comes at a steep price. Knight says it will get the cash infusion from an investor group led by Jefferies Group, as well as Blackstone, Getco, Stephens, Stifel Nicolaus and […]

By Wire services |August 7, 2012

3 min read