TSX getting you down? There are always sound investment alternatives.
Latest News
The right way to sell stocks during COVID-19 + MORE May 15th
It’s becoming increasingly likely that the economic recovery from COVID-19 will be long and drawn out, which is not good considering that 3 million have been laid off over the last two months. Since the crisis began in Canada, MoneySense has been telling readers to hang tight with their portfolio .... More »
Canada seen kicking tires on China’s new infrastructure investment bank + MORE Aug 31st
BEIJING, China – Canada is keen to get involved with a new international infrastructure bank in China, Prime Minister Justin Trudeau indicated Tuesday — a move that would help the east Asian country’s economic credibility around the world.
China founded the Asian Infrastructure Investm.... More »
Hard choices ahead as Alberta teachers' strike bargaining resumes Tuesday - Edmonton Journal Oct 14th
Hard choices ahead as Alberta teachers' strike bargaining resumes Tuesday Edmonton JournalAlberta teachers, province set to meet for first time since strike began last week Global NewsTeachers’ Strike: Most Albertans side with teachers as they criticize UCP’s handling of ed.... More »
Best robo-advisors in Canada for 2025 Feb 14th
Investing is a bit like renovating your home. The cheapest way is to do it yourself, with a Canadian online broker. Of course, the result will depend on your know-how and skills, and it will consume a lot of your time. Conversely, you can outsource the job to a master contractor and not lift a finge.... More »
5 things to know before the stock market opens Friday - CNBC Dec 16th
5 things to know before the stock market opens Friday CNBCAsia Stocks Set to Open Lower on Hawkish Policy: Markets Wrap BNN BloombergMarkets: Wall Street points lower CTV NewsAsian Stocks Join Global Retreat As Central Banks See Higher Rates Barron'sWeekly.... More »
Newest stock exchange looks to slow down high-speed traders
– canadianbusiness.com
NEW YORK, N.Y. – Slow down markets, you move too fast. The nation’s newest stock exchange has arrived, one that is looking to slow down high-frequency traders by putting speed bumps in their way.
The IEX Group won approval from the Securities and Exchange Commission on Friday to become a national stock exchange, following months of arguments with hedge funds and high-speed traders.
One of IEX’s hallmarks is imposing a delay of 350 millionths of a second on orders. That speed bump is meant to limit the influence of high-speed traders, which critics say reap unfair profits at the expense of longer-term investors, including pension funds and mutual funds held in 401(k) accounts.
“We are grateful and humbled by the support we’ve received from the investor community,” IEX Chief Executive Officer Brad Katsuyama said in a statement. “Without it, we may have faced a different result.”
IEX and Katsuyama were featured in “Flash Boys,” a bestselling book by Michael Lewis that heightened critical attention on traders that make transactions in billionths of a second…
The IEX Group won approval from the Securities and Exchange Commission on Friday to become a national stock exchange, following months of arguments with hedge funds and high-speed traders.
One of IEX’s hallmarks is imposing a delay of 350 millionths of a second on orders. That speed bump is meant to limit the influence of high-speed traders, which critics say reap unfair profits at the expense of longer-term investors, including pension funds and mutual funds held in 401(k) accounts.
“We are grateful and humbled by the support we’ve received from the investor community,” IEX Chief Executive Officer Brad Katsuyama said in a statement. “Without it, we may have faced a different result.”
IEX and Katsuyama were featured in “Flash Boys,” a bestselling book by Michael Lewis that heightened critical attention on traders that make transactions in billionths of a second…
