Invest & Trading

NASDAQ Eyeing 5%

In September 2008, the NASDAQ OMX Group Inc. will launch a pan-European trading platform overseas which will target approximately 5% of trading in European blue chips. This 5% is expected to be made in the first year alone, rising to an expected 20% in the future. The company is hoping the will be able to [...]


Fannie Mae Results Are Weak

The dollar has managed to decline even further in the trading community, losing ground against Euro and six other major currencies for the second day in a row. Tuesday May 6, 2008’s trading results from Fannie Mae came in much weaker than originally projected. Fannie Mae is the largest home financier in the United States [...]


Carbon Trading Exemption Wanted

Australia’s Alcoa, the country’s biggest exporter of aluminum, is looked for an exemption on carbon trading in order to keep plants that produce aluminum from closing. The company feels that without this exemption, the market will be facing shortfall that could be met by other producers that have higher emissions and prompt investors to look [...]


Glitch Halts Brazilian Trading

There’s nothing like a computer glitch to bring everything to a screeching halt. That is exactly what happened on the Brazilian stock market on April 22 when their trading was halted for about ninety minutes. The cause was labelled as ‘technical problems’ and trading was extended due to the aggravating glitch. The problem was in [...]


Job Cuts Abound

UBS AG, a global bank that has been plagued with problems by the mortgage crisis and credit losses, is looking at having to cut close to 10% of employee jobs throughout their banking and trading division. The people that may lose their jobs are the ones that know only too well how bad the [...]