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Programmers Revolt Against Traders Making Way More $$ Using Their Algos
It's about time the inventors of the formulas designed to high-speed trade demanded higher pay. Traders usually make a lot of money from trading because they have profit-sharing agreements with their employers. software traders 31 Jul 2010
Quest Software Inc. Has Risen To A New High After Q2 Report
Quest Software Inc. (QSFT) reported second quarter non-GAAP net income of $0.32 per share after the close Thursday, compared to $0.29 per share last year. The consensus estimate was for EPS of $0.28. software traders 31 Jul 2010
Economic Recovery Losing Momentum
News that economic growth slowed during the spring gave the stock market a fitting end to a choppy July yet another back-and-forth day. The Dow Jones industrial average, down almost 120 points in the first minutes of trading, recovered and seesawed throughout the session. The Dow was up 17 in late afternoon. The other major indexes also rose modestly. Traders opted for the safety of Treasury ... software traders 31 Jul 2010
Goldman Sachs bans traders from swearing in emails
Traders at Goldman Sachs, the investment bank, have been banned from swearing in company emails. software traders 31 Jul 2010
Stocks narrowly mixed as economic growth slows
Stocks have closed narrowly mixed after the government's gross domestic product report showed that the economy's growth is slowing. The market still had its best month in a year. software traders 31 Jul 2010
Dollar Ends Flat As Strong Manufacturing and Consumer Sentiment Data Offset Slower Pace of Growth
Dollar Ends Flat As Strong Manufacturing and Consumer Sentiment Data Offset Slower Pace of Growth Euro to Face Whipsaw Price Action Ahead of ECB Rate Decision British Pound Ends the Week as the Second Best Performing G10 Currency Against U.S. software traders 31 Jul 2010
Stocks end July with big gain; Dow gains 7.1 pct
Stocks had a fitting end to a choppy July as prices seesawed their way to a narrowly mixed finish. The market still had its best month in a year. software traders 31 Jul 2010
Stocks regain ground after mixed economic reports
Stock prices fluctuated Friday after investors found some upbeat news in the government's assessment of the economy during the April-June quarter. software traders 31 Jul 2010