MoviePass’s parent company is in dire danger of having its stock delisted by the Nasdaq (HMNY)

The Nasdaq warned MoviePass’s parent company that it would move to delist its stock as soon as December 28. Shares of Helios and Matheson have traded below $ 1 a share for nearly the entire time since May, violating Nasdaq’s listing standards. The company had until Tuesday to boost its stock price above that threshold, […]

Nasdaq is going after one of its biggest rivals with a new futures product that’ll take advantage of a $1 trillion shift in the economy

Thomson Reuters US Treasurys are heating up and now Nasdaq is launching a new futures product tied to the market to capitalize on a big shift.  The new derivative will pin it against its rival, CME Group.  US Treasurys are heating up, and now Nasdaq is launching a new product to capitalize on what could […]

This insurtech company is partnering with Nasdaq for an $80 billion opportunity

BII This story was delivered to BI Intelligence “Fintech Briefing” subscribers. To learn more and subscribe, please click here. US-based insurtech Extraordinary Re has partnered software provider and exchange Nasdaq to launch a new platform to let investors trade exposure to insurance risk they have in their portfolios.See the rest of the story at Business Insider See […]

Nasdaq pours cold water on the arguments fueling a civil war on Wall Street

Thomson Reuters Traders have long griped about the cost of accessing exchanges’ proprietary data, but they’re overlooking key facts says Ed Knight, Nasdaq’s General Counsel.  In this op-ed, Knight says exchange innovation has actually democratized data and costs have only increased for traders because they have more options and products to use.  We operate in […]

12 years in prison for man who hacked Nasdaq, helped swipe 160M credit cards

Enlarge (credit: Thomas Trutschel / Photothek via Getty Images) Two Russian men convicted of their involvement in a massive hack of the Nasdaq stock exchange, Citibank, and other major companies have been given hefty sentences. The two men, Vladimir Drinkman and Dmitriy Smilianets, pleaded guilty in 2015. On Wednesday, Drinkman was sentenced to 144 months, while Smilianets […]

Nasdaq plans to offer bitcoin futures in early 2018

Bitcoin continues to grow, hitting a $ 11,000 price per coin valuation less than a day after it topped $ 10,000. The cryptocurrency has been normalizing with investors, getting its own federally-regulated exchange this past July. Now, Nasdaq is planning to launch contracts for bitcoin futures in the first half of 2018, according to The […]