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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: traders

traders stories: 6 news summaries

 New Speculator Fave: AIG Stock 

Day-traders flock to shares on the upswing

Sep 23, 09 11:59 AM CDT
(Newser) - AIG’s stock has become the hottest commodity on Wall Street in recent weeks, the Wall Street Journal reports. It’s not that anyone believes the insurer is on the verge of paying back the $80 billion it owes Uncle Sam. Rather, the stock has become the go-to casino... More »

MORE ABOUT:
stock market • AIG • speculation • traders

 Day Traders Jump Back 
 Into the Game 

Low interest rates entice small, leveraged players

Sep 16, 09 8:07 AM CDT
(Newser) - Trading volume is rising on Wall Street, but it’s not because of renewed confidence from long-term investors. The surge has instead been powered by a 14% jump from online brokerages like Charles Schwab and TD Ameritrade, and much of the money has been funneled into volatile parts of the... More »

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investing • stock market • Wall Street • E*Trade • TD Ameritrade • Charles Schwab Corp • Leverage • traders

(Newser) - Citigroup will raise salaries for investment bankers and traders as much as 50% to offset a steep falloff in bonus pay and keep the company’s compensation package competitive, Bloomberg reports. Other employees, like those in the consumer banking section, will receive smaller raises. Citi, which took $45 billion in... More »

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Citigroup • executive compensation • salary • Citibank • investment bankers • bonuses • stock options • financial crisis • Wall Street bailout • traders • raise

Once-Frenzied NYSE Traders Twiddle Thumbs

Tech upgrades, less volume translate to
gin rummy, anyone?

May 4, 09 8:23 AM CDT
(Newser) - Though financial markets are as unpredictable as ever, the once-frenzied floor traders at the New York Stock Exchange are finding themselves with less to do. The introduction of a hybrid electronic system in 2006 has trimmed the workload of the iconic floor traders, who instead play cards, watch movies, or... More »

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New York Stock Exchange • trading • equity trading • NYSE Euronext • traders

GLOSSIES

Crisis Brings Day Traders Back to Wall Street

Risk-loving market riders experience
new heyday

Jan 27, 09 3:34 PM CST
(Newser) - Some traders like to buy and hold positions based on rational market fundamentals. Then there’s Peter Milman, who’s constantly making—or losing—tens of thousands of dollars, perched over his computer making a furious stream of bets like an arcade pinball wizard. Day traders like Milman are having... More »

MORE ABOUT:
stock market • Wall Street • stock • trader • financial crisis • traders

Stockbrokers in High Demand
on Back-to-Basics Wall St.

Some, unlike disgraced investment bankers and traders, even command bonuses

Jan 13, 09 12:56 PM CST
(Newser) - With investment bankers and trading desks disgraced by crippling losses, the everyday stockbroker is enjoying a renaissance as Wall Street firms look to stay relevant to customers and investors, the Wall Street Journal reports. The likely deal between Morgan Stanley and Citigroup that would create the world’s largest brokerage... More »

MORE ABOUT:
Wall Street • Citigroup • Morgan Stanley • investment bankers • portfolio • joint ventures • Smith Barney • brokers • financial crisis • traders

6 Stories


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