Equities In Play12.29.2011
The market continues to fluctuate despite the four day trading week in U.S. equities.
After a multiple point drop across all asset classes yesterday,stocks came roaring back while gold continued to fall.
The S&P 500 climbed 13 points to 1263. The Dow Jones Industrial Average shot up 132 points to 12,287, giving hope for Bullish traders who still believe a rally is imminent.
Gold fell for the sixth consecutive session in a row to $1524 an ounce. The metal is undergoing a severe correction that has wiped out plenty of stop orders on it’s way down.
Meanwhile, the Chicago Board Options Exchange Volatility Index dropped a few percentage points to 22. It has been over a week since the VIX touched 30, seen as a key line in the sand for traders.
Ahead of finalization, broker-dealers can assess tech systems for configurability and flexibility.
Global funds enjoyed inflows in January as world markets continued their rebound.
Even if a fraction of the SEC's proposals are finalized, significant implementation efforts will be needed.
Root cause was a manual error involving the disaster recovery configuration at system start of day.
Equity underwriting on European exchanges declined 61% last year.