In the stock market challenge, students begin with a hypothetical equity in the stock market, choose stocks to buy and sell, and tally their results according to what happens on Wall Street.
A Christian school that last year asked members of Congress for an investigation of discrimination by a foundation-sponsored stock market competition for students has been excluded from the competition again this year.
But school officials said they found that not all members of Congress at the time had been lined up with teams.
SIFMA had praised the school when it won in 2014, noting the students’ hypothetical investments started with $100,000 and ended up at $185,888.92.
The school has won the competition twice, in 2014 and 2015.
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Company uses Trump’s tweet to predict stock market
“It starts with borrowing a stock when you have an inclination that the stock is going to drop,” Schwartz explained.
If the president mentions a publicly-traded company in a negative way-using words like “Cancel” or “No”- the software then automatically shorts the company’s stock.
The same thing happened to Boeing shares when Trump complained about the cost of building a new Air Force One in December.
— Donald J. Trump (@realDonaldTrump) January 5, 2017There’s something to be said about President Donald Trump’s relationship with Twitter and the stock market.When the president criticized General Motors for making Cruze models in Mexico on Twitter – the brand’s stock fell .7 percent.
At that point you wait for the stock to drop, you then buy, return the stock you borrowed and you are able to profit from the difference.
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Nasdaq amends disputed fee proposal for key stock market data
The Nasdaq logo is displayed at the Nasdaq Market site in New York September 2, 2015.
In August, Nasdaq said it planned to separate its proprietary trading data from third-party data – including the SIP for Nasdaq-listed stocks – it offers its customers.
The data is related to systems called securities information processors, or SIPs, which consolidate stock orders and last sales prices from the 13 U.S. stock exchanges.
REUTERS/Brendan McDermidNEW YORK Nasdaq Inc (NDAQ.O) no longer plans to charge additional fees to access key data essential for stock market operations following complaints of price gouging from other exchanges, trading firms and an industry trade group, according to a regulatory filing.
Regulators use the information to determine the best market prices, which brokers must give their clients when executing trades.
collected by :Dicson Walt