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Benzinga Market Primer Friday, August 16
Friday, August 16, 2013 - 6:48am | 971Read More...Futures Higher After Tapering Sell-Off U.S. equity futures rose in early Friday trade after a sell-off on Thursday driven by fears that the Federal Reserve will begin reeling in its asset purchases in September. Also, weak sales guidance from Cisco (NASDAQ: CSCO) and Wal-Mart (NYSE: WMT)...
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Vietnam ETF Falls After Local 'Flash Crash'
Wednesday, April 10, 2013 - 11:26am | 483Read More...The Market Vectors Vietnam ETF (NYSE: VNM) is trading lower by 1.3 percent Wednesday after the Ho Chi Minh City Stock Exchange's VN Index (VNINDEX) plunged 2.7 percent in the last minute of trading in Wednesday's Asian session in what some traders viewed as a "mini flash crash." The last minute...
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Benzinga Market Primer, Wednesday, December 26: Happy Boxing Day
Wednesday, December 26, 2012 - 8:27am | 603Read More...Futures Rise as Leaders Pledge to Resume Budget Talks U.S. equity futures rose slightly in thin overnight trade as President Obama pledged to resume talks over avoiding the Fiscal Cliff as soon as leaders returned to session after the Christmas break. Earlier this week, it seemed unlikely that any...
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Benzinga Market Primer, Friday November 30
Friday, November 30, 2012 - 8:09am | 839Read More...Futures Flat on Budget Negotiations U.S. equity futures were flat in pre-market trading Friday as Congressional leaders continue to search for a resolution to the fiscal cliff. Republican leaders rejected a plan submitted by President Obama, citing it as a rehash of former plans, but Treasury...
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Algorithm Trading Responsible For Another Glitch
Monday, August 6, 2012 - 9:57am | 381Read More...Spain's benchmark Ibex 35 Index was halted for nearly five hours earlier Monday after a trading glitch caused trading in Madrid to stop. The Bolsas y Mercados Espanoles SA, the company that oversees the stock exchange, could not comment on the nature of the glitch and only said that trading had...
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The New High Frequency Trading Landscape: Man Versus Machine
Tuesday, June 26, 2012 - 8:22am | 1275Read More...Last week, 11 financial and Wall Street firms, including the Security Traders Association and NYSE-Euronext issued statements on future practices for fair markets. Perhaps not surprisingly, the subject of high frequency trading came up as a prominent issue affecting today's trading exchanges....
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High Frequency Trading Strikes Again: QUALCOMM Gets Hit
Friday, August 5, 2011 - 4:05pm | 633Read More...Add another victim to the long list of high frequency trading (HFT) raids. Earlier in today's session, shares of QUALCOMM (NASDAQ: QCOM) got crushed, as computer programs loaded up the sell side and took out a huge number of bids, wreaking havoc on the stock in the process. At 9:54am, shares...
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Recent Market Rally a Sham? Algorithmic Trading Controlling the Market (USO, SLV, GLD, UUP, SPY)
Thursday, May 12, 2011 - 12:52pm | 1041Read More...The S&P 500 has gained 101% from the low set back in March of 2009 (666.79). Even with yesterday's market plunge, the S&P is only 15% lower than its all time high of 1,576.09, which was set back in October of 2007. The question is why. Has the economy really improved that much since the...
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Mini Flash-Crash in Forexland
Wednesday, February 9, 2011 - 2:57am | 608Read More...Much has been talked about the 'Flash Crash', a dramatic event that plunged the Dow Jones Industrial Average by over 900 points, and then recovered, in a short period of time. After a lot of investigation, the SEC produced a report on October 1, 2010. In the report, SEC attributed the event to a...
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SEC Report: Lessons Learned From the Flash Crash
Friday, October 1, 2010 - 12:55pm | 182Read More...Here are a few snippets of what the U.S. Securities and Exchange Commission believes it has learned about the “Flash Crash:” • “…under stressed market conditions, the automated execution of a large sell order can trigger extreme price movements…” • “…the interaction between automated execution...
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Trading Cisco
Thursday, May 13, 2010 - 1:31pm | 225Read More...Shares of Cisco Systems (NASDAQ: CSCO) are falling today, currently off 4.46% to $25.54. Shares are off despite a fantastic earnings report from the company. John Chambers was said to have given lackluster guidance, but frankly it sounded bullish to me. Their revenue growth across the board, cash...
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Nassim Taleb Talks Options, Markets, Debt
Wednesday, May 12, 2010 - 1:23pm | 306Read More...Nassim Taleb, the author of “The Black Swan,” was just interviewed on CNBC talking markets, debt, and his self-imposed exile. The author, trader, and advisor was fast to dismiss any mention of the “Flash Crash” last week, saying that he “Does not have enough facts to talk about Thursday’s events...
