Derivatives exchanges prove resistant to regulatory change | Business Information & News | Westlaw

Derivatives exchanges prove resistant to regulatory change | Business Information & News | Westlaw

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12/23/14 REUTERS 13:05:36
REUTERS
Copyright © 2014 Thomson Reuters
December 23, 2014
Derivatives exchanges prove resistant to regulatory change
David Henry
NEW YORK (Reuters) - In December 2013, Hanmag Securities Corp, a small South Korean brokerage firm, lost 46 billion won ($42 million) in a day after a stock option trading algorithm went bad. It was a fatal blow for a company that had just 15 billion...
---- Index References ----
Company: HANMAG SECURITIES CORP; INTERCONTINENTAL EXCHANGE INC; BEAR STEARNS COMPANIES LLC (THE); LONDON STOCK EXCHANGE GROUP PLC; LEVERAGED CAPITAL HOLDINGS NV
News Subject: (Major Corporations (1MA93))
Industry: (I.T. in Financial Services (1IT24); I.T. in Insurance (1IT17); Insurance Software (1IN05); Financial Services Convergence (1FI45); I.T. (1IT96); Banking (1BA20); Financial Services Products (1FI16); I.T. Vertical Markets (1IT38); Financial Services (1FI37))
Region: (North America (1NO39); South Korea (1SO65); Asia (1AS61); Eastern Asia (1EA61); USA (1US73); New York (1NE72); Americas (1AM92); Far East (1FA27); U.S. Mid-Atlantic Region (1MI18))
Language: EN
Other Indexing: (LCH) (Paul Tucker; Darrell Duffie; Andrew Kelly)
Keywords: securities; banking (MCC:OEC); (N2:US); (N2:AMERS); (N2:USA); (MCCL:OEC)
Word Count: 1099
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