NYSE Archives - The Industry Spread

Markets Adjust to Coronavirus Volatility

May 4, 2020

And prior to this March, the circuit breakers had been activated once in October of 1997. Why this is pretty extraordinary is that between March 9th and March 18th–that’s eight business days–we actually hit the circuit breakers four times, just to give you a sense of the perspective there.”

Wells Fargo in House Financial Services Crosshairs

March 9, 2020

This Committee staff report shines a much-needed spotlight on ‘The Real Wells Fargo,’ a reckless megabank with an ineffective board and management that has exhibited an egregious pattern of consumer abuses

How AI Is Changing Trading

December 9, 2019

Today, trades are automated, and orders are executed in milliseconds or microseconds. Passive ETFs have proliferated, relying on algorithmic models to ensure the fund’s holding of shares properly weighted to whatever index or benchmark it’s tracking

NYSE Extends Winning Streak as the Home to Technology Innovators

July 16, 2019

The New York Stock Exchange (NYSE), a wholly-owned subsidiary of Intercontinental Exchange (NYSE: ICE), showed again why it is the exchange group of choice for the world’s most innovative technology companies, adding $110 billion in technology market capitalization and raising 75 percent of technology IPO proceeds in the U.S. during the first half of 2019. Overall, the NYSE extended its leadership as the world’s premier listings venue, raising a total of $20.9 billion in proceeds.

ICE Data Indices Recognized As Third Country Benchmark Administrator By The UK’s Financial Conduct Authority

June 25, 2019

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Data Indices, LLC has been recognized as a third country benchmark administrator under Article 32 of the European Union’s Benchmarks Regulation (BMR). Recognition was granted by the UK’s Financial Conduct Authority (FCA) on May 24, 2019.

FINRA’s Financial Capability Survey is Released

June 24, 2019

Among the findings in the NSFC, was that forty-one percent of respondents reported spending less than their income. The study also found, “36% spend about equal to their income, and 19% spend more than their income. These percentages have remained consistent across all four NFCS waves.

Intercontinental Exchange Appoints John Tuttle Vice Chairman and Chief Commercial Officer of NYSE Group and Michael Blaugrund Chief Operating Officer of NYSE Group

June 11, 2019

Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced today that John Tuttle has been appointed Vice Chairman and Chief Commercial Officer of NYSE Group. In this expanded new role, Tuttle will lead commercial outreach and business development of NYSE Group, spearhead its efforts to win the largest IPOs, grow the exchange’s community of 2,300 listed companies, and oversee creation of new offerings for industries such as biotechnology and other growing sectors of the economy.

FINRA’s AML Program Explained

May 13, 2019

He continued by saying that money laundering occurs in three stages: 1) placement stage (in the introduction of illicit into the financial system) 2) layering, a process of transactions to disguise the origin of the funds 3) reintegration, where funds are reintegrated into the legitimate economy.