Author: InvestAdvocate

Lafarge Cement Wapco to Join ”High Priced Stocks”

Press Release The Nigerian Stock Exchange (NSE) concluded its review of the prices of stocks,as part of its plans to improve liquidity and deepen the market,with the announcement of a new security that will be joining the league of High Priced Stocks. The stock announced is Lafarge Cement WAPCO Nigeria […]

Ex-Goldman director Rajat Gupta starts prison term on June 17

Former Goldman Sachs Group Inc director Rajat Gupta is expected to begin his two-year prison term on June 17 for insider trading. US District Judge Jed Rakoff in Manhattan directed Gupta to surrender by 2:00 p.m. EDT (1800 GMT) on that date to start serving his sentence, according to an […]

BofA, NYSE, Brokerages Sued Over High-Frequency Trading

Bank of America Corp. and the New York Stock Exchange were among dozens of exchanges, brokerages and traders sued over high-frequency trading by the city of Providence, Rhode Island, over claims they rigged securities markets to divert billions of dollars from buyers and sellers of shares. Scrutiny of high-frequency trading […]