-
This Day In Market History: NYSE Launches Decimal Quotes
Friday, August 28, 2020 - 7:20am | 364Read More...Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 2000, the New York Stock Exchange began trading in decimal prices rather than eighths of a dollar for the first time. Where The Market Was: The Dow Jones Industrial...
-
NYSE's President On State Of China Listings, IPO Pipeline
Thursday, August 20, 2020 - 3:34pm | 420Read More...New York Stock Exchange President Stacey Cunningham discussed the potential fate of Chinese-listed companies, the IPO and SPAC market and much more in a Thursday Fox Business interview. Chinese Companies: U.S. President Donald Trump is pushing U.S. exchanges to delist China-...
-
NYSE Parent To Acquire Mortgage-Software Maker Ellie Mae For $11B
Friday, August 7, 2020 - 12:39am | 386Read More...Intercontinental Exchange Inc (NYSE: ICE) announced Thursday it was purchasing mortgage-software company Ellie Mae from private-equity firm Thoma Bravo. What Happened The transaction is valued at $11 billion, including about $9.24 billion in cash and $1.76 billion in stock...
-
Online Insurer Lemonade's Shares Add 187% In The First Two Days Of Trading After IPO
Tuesday, July 7, 2020 - 4:18am | 178Read More...The shares of Lemonade Inc. (NYSE: LMND) continued to surge on Monday both in the regular and after-hours sessions, adding 187.1% overall in the first two days of trading at the New York Stock Exchange. The online insurer had priced its 11 million shares at $29 in the initial public offering last...
-
Fintech Focus Roundup For June 27, 2020
Monday, June 29, 2020 - 9:55am | 904Read More...Get Rich Quick Scheme What Is Happening? Three of the largest brokers raked in more than $300 million in Q1 2020 by offloading orders to large trading firms. TD Ameritrade brought in the most, according to regulatory filings from the Q1, with E*Trade and Charles Schwab also posted notable figures...
-
IPO Market Hiccup As Albertsons Offering Fails To Meet Expectations In Both Price And Scale
Friday, June 26, 2020 - 3:49am | 390Read More...Albertson’s initial public offering is priced below expectations, and the number of shares offered also disappointed, leading to a jolt for the IPO market. What Happened The grocer sold 50 million shares and raised $800 million at $16 per share, according to sources of the Wall Street Journal...
-
8 Companies Expected To Raise $2B In IPOs Next Week
Tuesday, June 9, 2020 - 11:22am | 477Read More...The initial public offering market is flush with activity, as eight deals expected to raise $2 billion hit the market, including outdoor livings product firm Azek Co. What Happened So far, in 2020, there have been 43 IPOs, 31% fewer compared to the same period in 2019. Last week was a...
-
NYSE Trading Floor To Reopen May 26
Friday, May 15, 2020 - 12:19am | 383Read More...Announcing that the NYSE trading floor reopening will bring a “new normal,” the President of the NYSE, Stacey Cunningham, said the exchange would allow a “subset” of brokers back on the floor wearing face masks. What Happened Penning an opinion piece for the Wall Street...
-
NYSE Asks SEC To Ease Listing Requirements Due To Coronavirus-Caused Market Wipeout
Tuesday, April 7, 2020 - 6:03am | 276Read More...Intercontinental Exchange Inc. (NYSE: ICE) subsidiary New York Stock Exchange is talking to officials at the United States Securities and Exchange Commission to get the federal agency to ease listing requirements, Reuters reported Monday. What Happened The SEC had previously rejected a NYSE...
-
NYSE Successfully Carries Out Fully Electronic Trading Session For First Time In 228 Years
Tuesday, March 24, 2020 - 7:25am | 504Read More...Benzinga is covering every angle of how the coronavirus affects the financial world. For daily updates, sign up for our coronavirus newsletter. NYSE conducts its first-ever fully electronic trading without the presence of people on its iconic trading floor on Monday What Happened The New York Stock...
-
Will Coronavirus Stop Car Production In The USA The Same Way It Did In Europe?
Wednesday, March 18, 2020 - 11:30am | 806Read More...Share prices of US carmakers have been in free fall since the beginning of the year. General Motors Company (NYSE: GM) lost 42% of its market value, Ford Motor's (NYSE: F) share price was down 46% and Fiat Chrysler's (NYSE: FCAU) price plunged 46%. This price development is very similar to...
-
'Marketplace For Alpha': QuantConnect Launches Free Trial Periods On Alpha Streams Strategies, Increasing Accessibility To Algorithms
Sunday, March 15, 2020 - 10:25am | 384Read More...QuantConnect, a marketplace for the quantitative trading community, announced the launch of free trial periods on Alpha Streams strategies last month, allowing institutions to test algorithmic trading strategies prior to licensing. Jared Broad, CEO and founder of QuantConnect, spoke with Benzinga...
-
NYSE Explores Contingency Plan To Close Trading Floor As COVID-19 Looms
Thursday, March 12, 2020 - 12:55pm | 533Read More...Editor's note: this story has been updated with a statement from an NYSE spokesperson. As COVID-19 shutters schools and community centers across New York, the New York Stock Exchange is considering closing its trading floor and shifting all trading to backup electronic systems. NYSE...
-
NYSE Owner Is Not Buying eBay
Friday, February 7, 2020 - 12:14am | 489Read More...Intercontinental Exchange, Inc. (NYSE: ICE), the operator of NYSE, has decided not to buy eBay Inc. (NASDAQ: EBAY). What Happened ICE is a Fortune 500 company that owns various global exchanges and clearing houses. In a statement released Thursday regarding its bid to purchase eBay, the...
-
eBay Stock Surge As Report Says NYSE Owner Offered Takeover Deal
Wednesday, February 5, 2020 - 12:06am | 333Read More...The shares of eBay Inc. (NASDAQ: EBAY) surged on Tuesday as the Wall Street Journal reported that the Intercontinental Exchange (NYSE: ICE) had offered a takeover deal to the e-commerce company. What Happened The New York Stock Exchange owner ICE approached eBay with a takeover offer for the...














