8/7/2016/Punch Stanley Opara The lending and borrowing of securities for custodians is to become fully operational this year, according to reports by the Central Securities Clearing System Plc. The service was designed to aid market participants to go short by selling securities that they do not have by lending from […]
Capital Market
Wall St. falls with energy shares, utilities
Thu Jul 7, 2016/Reuters By Marcus E. Howard Wall Street stocks dipped on Thursday as a drop in oil prices dragged down energy shares, while utilities reversed recent gains. Oil prices CLc1 LCOc1 fell more than $2 a barrel, wiping out early gains after the U.S. government reported a weekly […]
U.S. SEC approves NYSE request for new market volatility rules
6/7/2016/Reuters By Chuck Mikolajczak The U.S. Securities and Exchange Commission has approved plans by the New York Stock Exchange to speed up and smooth early morning trading in times of market stress. In a ruling released on Tuesday, the SEC said the NYSE could allow stocks to open for trading […]
