The two largest stock exchanges of the world cut salaries of their CEOs.
The Bombay Stock Exchange will see the implementation of the new system developed on technology provided by the Nasdaq-owned OMX group only by the second half of 2009. The Swedish firm is still in the process of meeting the final requirements, an official said.
.jpg)
India plans IPO rule changes to lure homegrown start-ups.
The NYSE accounts for more than 60 percent of S&P 500 volume at the close of the market
Technical fault was the reason behind it.
As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings.
Among the biggest winners of a successful IPO would be co-founder Evan Williams with a 12 per cent stake.
If approved, the Nasdaq plan could have far-reaching effects on competition, pricing and complexity in options and stock markets.
The shutdown was the longest in recent memory, and prompted US Securities and Exchange Commission Chair Mary Jo White to call for a meeting of Wall Street leaders to help insure the 'continuous and orderly' functioning of securities markets.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances