EUR-USD: Will Dollar Gains Stick? (TheStreet.com)
We may be seeing just a small part of USD bullish moves in 2010, if stocks and commodities continue to decline. us.rd.yahoo.com |
Size of share orders cut in half (at FT.com)
The average size of share orders on the world's exchanges has halved in the past five years, highlighting the inroads automated and "high-frequency" trading has made on global markets. us.rd.yahoo.com |
Fitch downgrades American Capital, shares fall (AP)
Fitch Ratings on Tuesday downgraded its ratings of American Capital Ltd. to "restricted default," concluding that the private equity firm's newly completed debt exchange was coercive, given the threat of bankruptcy if debt holders rejected the swap. us.rd.yahoo.com |
CME Group Issues Statement on Signage of Dodd-Frank Act (PR Newswire)
CME Group issued the following statement on signage of the Dodd-Frank Wall Street Reform and Consumer Protection Act into law by President Obama: us.rd.yahoo.com |
Investment banks (at Financial Times)
Plain old asset management may get a new boost at some investment banks, thanks to Section 619 of the Dodd-Frank financial reform act. The precise rules are not yet written, but the law sharply restricts American banks' investments in private equity and hedge funds. us.rd.yahoo.com |