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BX Options will provide an inexpensive and easy connection for retail customers wanting to trade in options at high speed. Nasdaq already operates two high-speed options exchanges, Nasdaq OMX PHLX and Nasdaq Options Market.
May 7 -
The April numbers for stock trading, globally, aren't in yet. The hottest big market? BM&F BOVESPA, up less than 1%, year over year, through the end of March.
May 7 -
Integrity Viking Funds has launched the Integrity Dividend Harvest Fund, designed to offer investors a stable source of income and the potential for capital appreciation via a portfolio focusing on dividend-paying stocks of companies that have a history of raising their dividends.
May 7 -
Volume for the municipal market continues to tick down while investor demand for tax-exempt paper remains robust.
May 7 -
The Women Advisors Forum on March 13 in Boca Raton, Fla., marked the first of a tour of six events around the country this year. The event included new sessions on winning strategies to build business, how to work with widows and preparing clients for decumulation. Most of all, the forum provided an opportunity to network. Check out these photos for some of the day's highlights.
May 4
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The Dow Jones Industrial Average plunged 168.32 points to close at 13,038.27 while the Nasdaq and S&P 500 endured their worst week of the year, lopping off 68 points and 22 points, respectively.
May 4 -
Fidelity Investments has added four mutual funds to a variable annuity product it launched in 2005, opting for simplicity in an era where advisors and clients are wary of complexity in variable annuities.
May 4 -
On May 4, 2012, Pioneer Investments has named Howard Weiss as associate portfolio manager of Pioneer Multi-Asset Real Return Fund (PMARX).
May 4 -
On May 4. 3012, The findings of a BlackRock survey show that just over half, 51%, of retirees but only one quarter, 25%, of todays workers - are confident about having enough money to live comfortably in retirement.
May 4 -
On May 4, 2012, MME reported that The Litman Gregory Masters International fund garnered a gold star rating from Morningstar, Inc.
May 4
