Trading

Banking

Wall Street’s Trading Assets Cross $1 Trillion

Photo by Chenyu Guan via Unsplash

It’s got to be at least a yellow flag whenever 2008 — the height of the Great Recession — is your point of reference, no?

2 min read

Photo by David Vives via Unsplash

Markets

The NYSE Wants to Go 22/5 on Its Arca Exchange

The NYSE said Friday that it plans to extend trading hours for equities on its electronic Arca exchange to 22 hours on weekdays.

2 min read

Photo by Jp Valery via Unsplash

Advisor Upside

Ads Featuring Burning Dollar Bills? UK Watchdog Says Nope

The UK Advertising Standards Authority said Wahed Invest can no longer run posters with flaming US and EU bills.

1 min read
Photo by Jorge Salvador via Unsplash

International Economics

Spain Slaps 100% Property Tax on Non-EU Buyers

It’s part of a collection of measures to address the country’s housing crisis, Spain’s Prime Minister Pedro Sánchez says.

1 min read
Photo by Senate Democrats via CC BY 2.0

Hedge Funds

Bill Ackman’s Pershing Square Wants to Be the Next Berkshire

Pershing Square has announced a formal bid for Howard Hughes, the real estate developer where Ackman served as chairman for over a decade.

2 min read

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