Search Results for: Convergex
Convergex to offer “OptionEyes” to assist traders
October 25th, 2016
Convergex Signs Exclusive License Agreement For The OptionEyes™ To Assist Traders With Risk and Portfolio Management Convergex, an agency-focused global brokerage and trading related services provider, announced that it has entered into an agreement granting it an exclusive license ...
Convergex Expands European Presence
May 5th, 2016
Convergex has issued an announcement to inform that it has further expanded its European-based electronic sales team with the recent hiring of Leila Mayet and Jeanine Cerligione. Both Leila and Jeanine join Convergex as Vice-Presidents and will focus on ...
Former ConvergEx trader admits books and records falsification
April 7th, 2015
Former Convergex Global Markets trader, Michael Craig Marshall, pleads guilty for scheme to falsify books and records A former trader at ConvergEx Global Markets has pleaded guilty in federal court in New Jersey for his role in a scheme ...
Former CEO of ConvergEx Subsidiary faces SEC’s charges
August 8th, 2014
The Securities and Exchange Commission (SEC) has appointed charges to the former chief executive officer of a broker-dealer subsidiary of ConvergEx Group LLC for deceiving brokerage customers with hidden fees to buy and sell securities. SEC claims that the ...
Broker-Dealer to pay $2.75 million penalty
September 14th, 2018
The U.S. financial regulator Securities and Exchange Commission (SEC) announced that Convergex Execution Solutions LLC, now known as Cowen Execution Services LLC, will pay $2.75 million to settle charges that the broker-dealer firm provided the SEC with incomplete and ...
What Dow 20,000 means for stock-market investors
December 15th, 2016
What’s in a number anyway? That may be the question stock-market investors pose as the Dow Jones Industrial Average inches closer to the psychological milestone of 20,000. The Dow DJIA, +0.25% sold off on Wednesday as the Federal Open ...
The S&P 500’s new sector could be a really big deal
August 23rd, 2016
The S&P 500 is about to undergo a landmark change, and it could have interesting and important developments for investors. Since 1999, the index of large-cap stocks has been cut into 10 broad sectors, with the distinctions critical for ...
For robo-advisers, the next bear market will be a big test
April 25th, 2016
Robo-advisers might have more reasons to be worried about the next bear market than investors do. Low fees and an investing-on-autopilot approach have attracted about $50 billion in assets to the broad universe of robo-advisers, according to researcher Aite ...
Brokers Warned Not to Steer Clients’ Stock Trades Into Slow Lane
December 15th, 2015
Brokers have been put on notice: treat your customers’ orders as well as you treat your own. The Financial Industry Regulatory Authority, Wall Street’s self-regulator, recently said firms using the fastest, most expansive price databases for their own stock trading must ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
