Search Results
Feb 6, 2014 · A federal jury in Manhattan on Thursday found Mr. Martoma guilty of seeking out confidential information related to a clinical trial for an experimental drug for Alzheimer’s disease — information...
Download this stock image: Specialists Michael O'Connor, left, and Matthew Diez, foreground left, work with traders at the post that handles US Steel, on the floor of the New York Stock Exchange Thursday, Oct. 17, 2013.
- What Is Post-Trade Processing?
- How Post-Trade Processing Works
- Trade Clearing and Settlement
- Examples of Post-Trade Processing
Post-trade processing occurs after a trade is complete. At this point, the buyer and the seller compare trade details, approve the transaction, change records of ownership, and arrange for the transfer of securitiesand cash. Post-trade processing is especially important in markets that are not standardized, such as the over-the-counter (OTC) market...
Post-trade processing is important in that it verifies the details of a transaction. Markets and prices move fast; transactions are executed quickly, often instantaneously. Many securities tradesare done over the phone; the ability for mistakes is inherent, despite traders’ skill. Increasingly trades are executed at high frequency by computers only...
After a trade is executed, the transaction enters what is known as the settlement period. During settlement, the buyer must make payment for the securities they purchased while the seller must deliver the security that was acquired. Depending on the type of security, settlement dates will vary. As an example of how settlement dates work, let's say ...
On the NYSE Bonds Platform, following trade completions, all Depository Trust & Clearing Corporation (DTCC) / National Securities Clearing Corporation (NSCC) Regional Interface Organization (RIO) eligible bond trades are sent to NSCC in order to match trade details of both buyers and respective sellers. Details are transmitted through the RIO. Post...
Dec 18, 2013 · Updated, 8:50 p.m. | Prosecutors lacked the incriminating wiretaps that underpinned past insider trading cases. The emails pointed to no smoking gun. And the government’s star witness, a felon...
13. Perpetrator. Mark Orrin Barton. On July 29, 1999, a shooting spree occurred at two Atlanta -area day trading firms, Momentum Securities and the All-Tech Investment Group. Nine people were killed, and 13 other people were injured. The gunman, identified as 44-year-old former day trader Mark Orrin Barton, later committed suicide in Acworth ...
- July 27–29, 1999
- His wife, two children, and day trading firms
May 16, 2023 · A securities trader, also known as a stock trader, is a person who buys and sells tradable assets, such as stocks or bonds. Successful securities traders are masters at watching macro- and micro-economic trends and predicting the future of their investments.
Nov 1, 2023 · Some background: Panuwat moved for summary judgment, arguing in a Sept. 27 brief, opens new tab that the factual record belies the SEC’s shadow trading theory. His lawyers said the purportedly ...