Random, computerized selection process gains approval
Citigroup Global Markets Inc. has issued a fairness opinion in favour of the proposed NYSE-Archipelago merger.It said the deal, “based upon the financial terms of the merger agreement submitted to the NYSE members for a vote, is fair, from a financial point of view, to the holders of NYSE membership interests.”“We are pleased that the […]
NYSE, Nasdaq deals cleared to proceed
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Dealer failed to supervise and protect customer assets
Dissident members apply for injuction
Report designed to enhance transparency
Merger would be largest-ever among securities exchanges
December 2002 trades caused excess market volatility
Investment income jumps 90%