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Stock traders seek edge in pre-market twilight zone

FT)($ On most weekday mornings over the past year, Paris-based financial trader David Sibi has turned on a computer program designed to try and beat the U.S. stock market before it even opens.

21 August 2014

BofA to pay $16.65bn in US mortgage settlement

FT)($ Bank of America has agreed a $16.65bn settlement with US authorities to resolve allegations over the mis-selling of mortgage-backed securities in the largest settlement of its kind.

21 August 2014

Wedbush Fires Back at Finra: "We Followed Your Rules and Guidance"

Traders Wedbush Securities isn't going gently into that good night regarding the recent Financial Industry Regulatory Authority's complaint against the firm.

21 August 2014

SwapClear expands in Australia with new head

Global Capital)($ Marcus Robinson has been appointed head of SwapClear Australia in Sydney, in a new role that is part of LCH.Clearnet’s bid to expand in the region.

21 August 2014

Lehman Brokerage Wants New Hearing in Dispute with Barclays

WSJ)($ Lehman Brothers' brokerage is asking a U.S. court to reconsider its ruling affirming Barclays' right to billions of dollars in disputed assets, saying the decision throws into question the integrity of bankruptcy sales.

21 August 2014

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20 August 2014