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Penny, stock pricing
US SEC votes allow half-penny stock pricing
Wall Street's top regulator on Wednesday unanimously voted to allow stock exchanges to price many stocks in increments of half a penny, rather than the current minimum size of 1 cent, aiming to promote more competitive pricing and reduce investor costs on the $55 trillion U.
SEC Approves Stock Quotes in Half-Penny Ticks on Exchanges
The price increments at which thousands of stocks and ETFs are quoted look set for an overhaul Wednesday, when the US Securities and Exchange Commission votes on final rules to reduce them to less than 1 cent.
New SEC Rules Would Change the Price of Thousands of Stocks
The proposals being considered by the Securities and Exchange Commission are tamer versions of the ambitious revamp of stock trading that Chair Gary Gensler proposed two years ago.
Stock market, Wall Street
US stock market at record high as investors cannot keep calm after Fed rate cut
Wall Street stocks hit record highs as the Federal Reserve cut interest rates to support the labor market. Dow rose 1.3%, S&P 500 1.7% and Nasdaq 2.5%.
Global stocks are mixed as Wall Street's rate cut-fueled rally fades
European markets have opened lower after Asian stocks surged, as a rally driven by the Federal Reserve’s big cut to interest rates fades
Stock market today: Wall Street leaps toward records as jubilation sweeps markets worldwide
Wall Street is roaring toward records Thursday as a delayed jubilation sweeps markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 was 1.5% higher in early trading and above its all-time closing high set in July.
9h
Traders See Trouble in Zimbabwe’s 28% Stock Surge and Weaker ZiG
Zimbabwe’s stocks are on a tear as investors seek refuge from the new bullion-backed currency that’s at a record low against ...
1h
Trump Can Cash In His Slumping Stock Now, But He Promised Not to
Donald Trump can finally turn his more than $1.5 billion stake in his media company into cash after restrictions preventing ...
The Zimbabwe Mail
1h
Zimbabwe Stock Market Soars Amid Currency Crisis
Zimbabwe's stock market is experiencing a sharp rise, but not for the usual reasons. Investors are flocking to equities as a ...
Iraqi News
1d
US dollar exchange rate drops in Iraq
The US dollar exchange rate against the Iraqi dinar declined in Baghdad and the capital of the Kurdistan region of Iraq, ...
The Express Tribune
5h
Pakistan Stock Exchange tops global markets in 2024: Bloomberg report
The Pakistan Stock Exchange (PSX) has been recognised as the world’s best-performing stock market in 2024, according to a ...
1d
PyroGenesis Congratulates its Client EarthGrid on its Joint Venture with EnerTech to Deploy US$18B in Plasma-Powered Tunnel Boring Projects
PyroGenesis is pleased to confirm that in its press release dated January 16, 2024, wherein it was announced that PyroGenesis “received a $667,000 non-refundable down payment under a master agreement ...
2d
ADX named Best Islamic Stock Exchange 2024
Abu Dhabi Securities Exchange ADX has received the award for Best Islamic Stock Exchange 2024 by the Global Islamic Finance ...
1d
US Fed slashes rates by 50 bps: What does it mean for America and the global economy?
The US Federal Reserve’s decision to cut interest rates by 50 basis points, bringing the benchmark rate between 4.75 per cent ...
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