Thursday, December 20, 2012

Why the NYSE doesn't matter..

Felix Salmon on why the floor of the NYSE  is "little more than a heavily guarded tourist attraction".

If you still think that the bulk of securities trading is done by people in colorful jackets waiving bits of paper at each other, then you need to read this.  
UBS faces a $1.5bn fine for rigging LIBOR and two employees face charges.

Finally, regulators take some meaningful action.



Technology game of thrones map

Quite interesting.



via the reformed broker