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Excel error pushes Barclays into court

Finextra reports that a reformatting error in an Excel file caused 179 contracts to be mistakenly included in Barclay's purchase agreement with Lehman Brothers. The error forced Barclays to seek... Read more...

Bailout not likely to affect IT spending plans

The bailout plan, which will become a reality soon, is not likely to aid technology projects that had been put on the back burner. While it is true that 2009 budgets may not yet be cast in stone,... Read more...

Baikal remains on track for launch

For the London Stock Exchange, the demise of Lehman Brothers was unfortunate. But Baikal's multilateral dark pool remains on track for a first quarter launch, reports Financial News Online. It's not... Read more...

Dark pool volume continues to rise

The surge in equity trading volume that has accompanied the recent volatility has been a boon to the dark pool industry. At the top of the pack, many are experiencing record volume, reports Traders.... Read more...

What to make of dark pools' fast growth

There has been lots of activity in the dark pool industry as of late--from Lehman Brothers' announcement that it will align with the LSE to create a new dark pool to news of LiquidNet's planned... Read more...

Press Releases

LEHMAN BROTHERS REPORTS THIRD QUARTER RESULTS

For Immediate Release Media Contact: Hannah Burns 212-526-4064 Investor Contact: Shaun Butler 212-526-8381 - Reports Net Income of $887 Million and Net Revenues of $4.3 Billion - NEW YORK– Read more >>

JMP Group Hires Jonathan Dever to Head Financial Services Investment Banking Group

SAN FRANCISCO, Sep 06, 2007 (BUSINESS WIRE) -- JMP Group Inc. (NYSE:JMP), a growth-oriented investment banking and asset management firm, announced today that Jonathan P. Dever has joined JMP Read more >>

The Home Depot Agrees To Revised Terms of Sale of HD Supply

Transaction to Close August 30, 2007 ATLANTA, Aug 28, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- The Home Depot(R), the world's largest home improvement retailer, announced today that it Read more >>

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