Tag Archives: Announcements

NYSE Proposes Delay on End-of-Day Company Announcements

According to a notice posted Tuesday on the SEC website, the NYSE plans to prevent firms from issuing news releases for up to five minutes after closing time. The move is a bid to protect NYSE’s closing auctions from sophisticated trading algorithms that scan English-language text in search of signals to buy or sell stocks. The auctions determine the end-of-day

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