Nasdaq OMX Group Inc (NASDAQ:NDAQ) has released details about the software bug that led to a halt in trading on the exchange on August 22. The exchange said that the trading outage was caused by "latent software flaws" in the Securities Information Processor, or SIP. The initial findings report shows that a confluence of events led to the closing of the exchange last week.
2015 was the year of the write-off for energy companies. As oil prices collapsed, the value of reserves held by oil producers also declined and prospects that were viable... Read More
A dovish central bank is supporting markets that are in a delicate balance, a Deutsche Bank economic report observed. But geopolitical risks in Greece, the UK, Spain and with... Read More
Avoid the Experts: A Lesson in CFO Overconfidence by Wesley R. Gray, Ph.D. of Alpha Architect, Author, Quantitative Value: A Practitioner’s Guide to Automating Intelligent Investment and Eliminating Behavioral Errors Managerial Miscalibration Ben-David, Graham... Read More
Over the last three years, wealthy families have increased exposure to private equity investments, while reducing exposure to hedge funds, commodities and fixed income, says a new report from... Read More
News - >> Â J2 Global only wants to by part of Carbonite, not the whole company. Specifically, its Endpoint security business. J2 had considered buying the whole thing, but no... Read More
Bringing Impact Investing Down To Earth: Making Sense, Managing Outcomes, And Meeting Client Demand - A Special Report by the Money Management Institute and Burckart Consulting WASHINGTON, D.C., June 11,... Read More
Paul Tudor Jones notes negative correlations: corporate profits rise, the relative value of charitable giving falls, social ills increase Read More
The news for run-of-the-mill hedge funds in a Barclays prime brokerage piece is not entirely positive. The study of 340 hedge fund investors with over $8 trillion in assets... Read More
Emerging market equities have been on a tear this year with the MSCI Emerging Market Index rising 17%, outperforming the S&P 500 by around 11.8%. This performance is set... Read More
Bill Ackman has sold his entire stake in J.C. Penney Company, Inc. (NYSE:JCP) to Citigroup Inc (NYSE:C) for $500 million according to a filing with the SEC today. The... Read More
