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Live news: BlackBerry names new CEO, calls off Internet of Things IPO - Financial Post Dec 11th
Live news: BlackBerry names new CEO, calls off Internet of Things IPO Financial PostBlackBerry names new CEO, calls off plans for IPO of Internet of Things business Yahoo Canada FinanceBlackBerry names new CEO as company ditches connected-car IPO - but still plans to split in t.... More »
Toronto real estate board calls on Ottawa to revisit mortgage stress test - 680 News Feb 6th
Toronto real estate board calls on Ottawa to revisit mortgage stress test 680 NewsToronto Real Estate Board urges OSFI to 'revisit' stress tests BNNBloomberg.caToronto home sales expected to rebound, but mortgage rules need review: TREB The Globe and MailToronto area.... More »
The best credit cards in Canada for 2023 Nov 14th
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Russia looks to cut economic ties, scrap investment projects with Turkey - CTV News + MORE Nov 26th
CTV NewsRussia looks to cut economic ties, scrap investment projects with TurkeyCTV NewsMOSCOW -- Russia plans to retaliate against Turkey for the downing of a warplane by imposing sanctions, cutting economic ties and scrapping major investment projects. Since the plane was shot down Tuesday on the .... More »
Yahoo reports another big loss, writes down Tumblr value + MORE Jul 18th
SAN FRANCISCO – Yahoo’s latest earnings report leaves no doubt the internet company is stuck in a downward spiral.
The company managed to beat Wall Street’s limited expectations for revenue in the April-June quarter. But after subtracting commissions paid to its partners, Yahoo sai.... More »
120 days – 1.70%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.
Is the stock market rigged?
– macleans.ca
Photo by Philip MontgomeryMichael Lewis, the author of MoneyBall and the Big Short, has developed a reputation for taking complex financial matters and demystifying them for the layperson. In his latest book, Flash Boys: A Wall Street Revolt, Lewis draws a bead on the rapid growth of high-frequency trading (HFT) in the stock market. Lewis claims that HFT firms, using complex algorithms running on advanced computers located close to exchanges, have been able to leap in front of other investors making trades, and reap billions of dollars by manipulating stock prices. In an interview with 60 Minutes, Lewis claimed “the most iconic market in global capitalism is rigged.”
It’s by no means the first time problems with HFT have been raised. What Lewis does with this book, however, is paint a vivid picture of how HFT firms exploit mere milliseconds of advantage for vast profits resulting in a market of haves and have-nots, where the differentiator is the ability to see information in the market before anyone else…
Sun Life targets wealthier investors with lower-fee funds
– theglobeandmail.com
Sun Life’s Private Client business will offer access to lower-fee mutual funds to investors who commit bigger sums of money
5.5 year – 2.80%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-03-11. Click on the link above to get more details or apply online.
60 days – 1.55%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.
