NEW YORK, Apr. 29 (Korea Bizwire) — Nasdaq announced that Global X Funds will list a new exchange-traded fund (ETF), the Global X Guru(TM) Activist Index ETF (Symbol: ACTX), which will begin trading on The Nasdaq Stock Market today, April 29, 2015. “Activist investing is an increasingly popular alpha strategy, but is often limited to [...]
NEW YORK, Apr. 23 (Korea Bizwire) — The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today reported results for the first quarter of 2015. First quarter net revenues were $507 million, down 4% from $529 million in the prior year period, driven primarily by a $29 million negative impact from foreign exchange rates. On an organic basis, [...]
NEW YORK, Apr. 23 (Korea Bizwire) — The Board of Directors of The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) has declared a regular quarterly dividend of $0.25 per share on the company’s outstanding common stock, an increase of 67% from the prior $0.15 per share quarterly dividend. The dividend is payable on June 26, 2015, to [...]
NEW YORK, Apr. 22 (Korea Bizwire) — Nasdaq (Nasdaq:NDAQ), the world’s leading provider of market technology, was recently selected for ‘Best Sell-Side Market Surveillance Product’ by Waters Technology’s Sell-Side Technology Awards for the second consecutive year. Nasdaq received the award for its SMARTS Trade Surveillance technology, which enables customers to find solutions and insight to [...]
NEW YORK, Apr. 21 (Korea Bizwire) — CQG, Inc., a global provider of trade routing, market data, and advanced technical analysis, and Nasdaq today announced that CQG will introduce connectivity to Nasdaq Futures, Inc. (NFX), the exchange group’s U.S.-based designated contract market (DCM). Through NFX, Nasdaq will expand its commodities business with futures and options [...]
NEW YORK, Apr. 21 (Korea Bizwire) — Nasdaq announced that US Bancorp will list a new exchange-traded fund (ETF), The AlphaMark Actively Managed Small Cap ETF (Symbol: SMCP), which will begin trading on The Nasdaq Stock Market today, April 21, 2015. “The AlphaMark Small Cap ETF will provide actively managed small cap exposure driven by [...]
NEW YORK and WARSAW, Poland, Apr. 15 (Korea Bizwire) — IRGiT and Nasdaq (Nasdaq:NDAQ) today announced an agreement to upgrade its post-trade platform to Nasdaq’s X-stream Clearing technology. Under the terms of the agreement, IRGiT (Izba Rozliczeniowa Giełd Towarowych S.A.) or the Warsaw Commodity Clearing House, will replace its existing legacy engine (Condico Clearing) with [...]
NEW YORK, Apr. 8 (Korea Bizwire) — Nasdaq (Nasdaq:NDAQ) and Keefe Bruyette & Woods (KBW), a Stifel company (NYSE:SF), today announced a partnership involving KBW’s industry-leading family of financial indexes. Under the agreement, Nasdaq will assume responsibility for the calculation, dissemination and commercialization of these indexes, and will work closely with KBW to jointly promote [...]
NEW YORK, Apr. 2 (Korea Bizwire) — Veteran business journalist Kelsey Hubbard joins Juhani Hintikka, Chief Executive Officer, Comptel Oyj [CTL1V], to discuss the company’s industry, strategy, financials and positioning. Click here to view video: http://edge.media-server.com/m/p/d3yio7rd Juhani Hintikka, CEO: Juhani Hintikka was appointed CEO of Comptel in January 2011. Prior to Comptel, Juhani worked for [...]
SEOUL, March 25 (Korea Bizwire) – As the Shenzhen Stock Exchange is expected to open to international investors in the latter half of this year, Korean securities companies are busy preparing to join the market by aligning their trading systems and analyzing the stock items in the market. According to financial industry observers, the stock connect [...]