Shares of Virtu Financial Inc (VIRT.O), an electronic market maker that postponed its IPO a year ago amid the furor over Michael Lewis’ book “Flash Boys,” are slated to begin trading on Thursday in a possible sign that public angst over “high-frequency” trading is waning, Reuters reported.Continue
This rainy Friday morning, First Read has news the Chicago Sun-Times is the first major [...]Continue
High-speed trading company, Virtu Financial Inc, will not market its initial public offering until after April 20, delaying the process from this week, people with knowledge of the matter told Bloomberg.Continue
Flash Crash: We just had a hearing yesterday; yet another panel is coming. This crash is the best thing to happen for bureaucracy since the Kremlin.
The Fed: Its superpowers remain intact; it will continue to oversee small banks.
SAP: It’s buying Sybase for $5.25 billion. Like so much in life, the deal is really about Oracle.Continue