The KUIK Closing Market Report for Wednesday, March 25: |
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Markets ended down. |
|
Index |
Direction |
Change |
Units |
Index |
Time |
Change |
|
Dow |
Down |
(291) |
points |
17,720 |
2:04 PM |
|
|
S&P500 |
Down |
-1.5% |
percent |
2,061 |
|
(30.45) |
|
Nasdaq Composite |
Down |
-2.4% |
percent |
4,877 |
|
(118.21) |
|
30 Year Treasury |
Up |
3 |
Basis Points |
2.50 |
Annual Yield |
|
|
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Today the Securities and Exchange Commission voted to propose a rule that would force high-speed trading firms to register. High-speed trading firms are currently exempt from registration with the Financial Industry Regulatory Authority when they trade for only their own accounts. The SEC says the rule allowing this exemption hasn’t been changed since 1983. Michael Lewis’s book “Flash Boys” brought more scrutiny to the practice. |
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Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. |
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http://www.marketwatch.com/story/sec-proposes-forcing-high-frequency-trading-firms-to-register-2015-03-25 |
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For today’s Closing Market Report click to listen-> |
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