ABBANK

Reuters | March 09, 2020

Shares of U.S. banks sharply underperformed the broader stock market on Monday as investors bet tumbling interest rates would crush bank profits and worried about rising credit costs in the face of an economy spooked by coronavirus and plunging oil prices. Among the sector’s biggest decliners were smaller banks with the most direct exposure to energy companies as oil futures tumbled as much as a third on Monday due to a price war between Saudi Arabia and Russia. These banks, which include ...

Wall Street | January 23, 2020

Stocks tumbled on Wall Street amid a mixed bag of corporate earnings and growing concern at the spread of the coronavirus, after China quarantined the city at the heart of the outbreak and authorities confirmed more cases in new countries. The Dow Jones Industrial Average (DJI) fell 110 points, or 0.4%, by 10:45 AM ET (1545 GMT) to 29,075.54 points. The S&P 500 (SPX) ofell 0.3% and the Nasdaq Composite (IXIC) dropped 0.1%. The authorities closed down public transport into and out of Wuhan an...

Dow Jones | July 05, 2020

U.S. stock futures traded sharply higher early Monday as Wall Street tried to build on the momentum from last week’s solid performance and shake off a continued rise in coronavirus cases. Dow Jones Industrial Average futures rose 377 points, or 1.5%. The move implied an opening gain of more than 433 points. S&P 500 futures gained 1.2%. Nasdaq-100 futures gained 1.2%....

Trading Systems

Broadridge | August 03, 2021

Broadridge Financial Solutions, Inc. a global Fintech leader, today announced that it has acquired Alpha Omega, a market-leading FIX-based post-trade solutions provider for the investment management industry. This acquisition builds on Broadridge's recent acquisition of Itiviti. The acquisition, which encompasses the remaining 68% of Alpha Omega, will enable Broadridge to fully consolidate Alpha Omega's post-trade matching and consolidation solution into its existing NYFIX connectivity a...