Category: All News

SEC'S Paredes: Fragmentation – Or Choice?

WASHINGTON, D.C. — A dozen national exchanges. More than 40 dark pools and alternative venues. A couple hundred internal broker order-matching systems. That, compared to a quarter century ago, when three national exchanges handled almost all order flow, is now often called ‘’fragmentation’’ by trading firms. But should it? Not necessarily, Securities and Exchange Commission […]

Brokers Need More Discipline to Avoid Trading Errors, Finra Says

Debacles like Knight Capital Group Inc.’s August trading loss will be avoided if brokers exercise more vigilance overseeing their risk controls, according to the head of the Financial Industry Regulatory Authority. Rules requiring brokers to check orders before sending them to markets to ensure they’re correct and don’t exceed capital and credit thresholds went into […]

U.S. regulators probe "mini-manipulation" of stocks, options

(Reuters) – Regulators are getting more complaints about the alleged “mini-manipulation” of stocks so that favorable positions can be established in stock options, the head of the securities’ industry watchdog organization said on Thursday. Some firms appear to have algorithms – the computer code that carries trading instructions – that move the underlying equity, said […]

'More Hair-Triggered’ Kill Switches Needed, Ketchum Says

WASHINGTON, D.C. — Faster ‘kill switches’ are needed to prevent market disruptions such as the August 1 flood of erroneous orders from market maker Knight Capital, the head of the independent regulator of brokers said Thursday. ”Kill switches have to be far more hair-triggered than they have been in the past,’’ said Richard Ketchum, chief […]

AJS Acquisition Launches AJS Business Imaging Solutions

Customers and Clients Will Enjoy In-House Printing and Reproduction Services at Significant Savings WARREN, NJ–(Sep 20, 2012) – AJS Acquisition, LLC, parent company of best-in-class architecture and engineering (AE) firm Paulus, Sokolowski & Sartor (PS&S), today announced the launch of AJS Business Imaging Solutions, LLC, a new division designed to provide AJS clients and customers […]

Reed: Technology Won’t Slow Down. Recalibration Needed.

WASHINGTON, D.C. — Shortly before he would lead a Senate Banking Committee hearing into computerized trading, Senator Jack Reed told the Securities Traders Association that technology has to be looked at closely because the change it is bringing is speeding up. The examination into computerized trading is necessary to prevent, like the stock market crash […]

To my Advertising, Marketing and PR Colleagues…

 Please help us support the FDNY Foundation OK, I’m making a pitch. When I was at the NYSE I worked with just about every New York public relations, communications, advertising and investor relations firm, helping coordinate and gain visibility for your clients’ IPOs, milestones, and publicity efforts. But now I’m wearing my FDNY hat. My […]

MetTel Chooses AirWatch as Partner for Mobile Device Management

Offers MDM Bundled With MetTel Nationwide Mobile Service NEW YORK, NY–(08/14/12)- Metropolitan Telecommunications (MetTel) today announced the selection of AirWatch, a recognized leader in mobile device security and management, to power MetTel ‘s Mobile Device Management (MDM) service. MetTel is offering MDM at no charge with certain MetTel Nationwide Mobile Service packages. “Corporate IT managers […]

Chief Executive of Security Traders Association Urges Regulators to Slow 'New Rules' Process

Says “Speed of Changes” Is Impacting Trading Issues NEW YORK, NY — 08/05/12 — Speaking at the 2012 Security Traders Association (STA) Wisconsin Convention this weekend, Jim Toes, president and CEO of the STA, urged regulators to limit the number of rule changes market participants are asked to absorb in short periods of time to […]

STA Urges SEC to Launch Decimalization Pilot Program

NEW YORK (July 17, 2012 ) — The Security Traders Association (STA) has urged the U.S. Securities and Exchange Commission (SEC) to initiate a pilot program to determine if Minimum Price Variations (MPVs) will add liquidity to the market for emerging growth companies. The STA comment letter follows passage in March of the Jumpstart Our Business […]

Power Survey Unveils New Services, Tools, Website

KEARNY, NJ–(06/26/12)- Power Survey Company, the leader in contact voltage testing and strategic utility asset management, today launched GridHealth™, a comprehensive, turnkey service providing customers with X-ray like visibility into large, inaccessible areas of their underground electric systems. Continue reading here.

Pcubed's Head of Innovation Leads Race to Develop the 'Connected Car'

DEARBORN, Mich., June 26, 2012 /PRNewswire/ — The car of the future – the so-called ‘Connected Car’ – will have radar capabilities, feature infotainment systems and may well be able to drive itself. Technological advances in automotive development are accelerating at great speed, putting industry innovators such as Pcubed in the driver’s seat. Continue reading here

Col. Jacobs voices in on Pakistan.

Empty Warnings Despite our paying Pakistan an enormous amount of money over the years, our uneasy relationship with Islamabad is now genuinely on the rocks. As in most cases of American cash given to foreign entities, the money has been an unsophisticated form of bribery, a tactic which is never effective over the long term. In the end, usually both sides become dissatisfied with the arrangement, each convinced […]

MetTel Adds to Growing Suite of Enterprise Wireless Solutions

Mobile Device Management & MetTel Wireless Backup Deliver Security and Business Continuity NEW YORK (June 13, 2012)– Just weeks after announcing an industry-leading service that seamlessly integrates office and mobile communications, Metropolitan Telecommunications (MetTel) today announced two more wireless services. MetTel Mobile Device Management (MDM) and MetTel Wireless Backup are available today to businesses of […]

Wireless Week Honors Denny Strigl for Lifetime Achievement

PRINCETON, NJ, (May 25, 2012) – Former Verizon Wireless President and CEO Denny Strigl, of Princeton, was honored by Wireless Week and industry leaders earlier this month when he received the publication’s Lifetime Achievement Award at the15th Annual Leadership Awards ceremony at the 2012 CTIA conference in New Orleans. The Wireless Week awards program is […]

MetTel to Offer Converged Telecom Solutions in Puerto Rico

Brings New Flexibility, Control and Savings to Retailers with Puerto Rico Locations NEW YORK, May 22, 2012  — Responding to enterprise customer demand for a single converged telecommunications solutions provider, Metropolitan Telecommunications (MetTel) today announced that it has begun offering service in Puerto Rico. Thanks to new wholesale service agreements with major carriers, MetTel now […]