GMAG currently offers clients advice regarding market structure, compliance, operations and technology related issues. In its three years of existence GMAG has consulted with Exchanges, Broker-Dealers and major technology companies in the financial services industry. With the introduction of Ralph Piscitelli, GMAG will now offer existing and new clients access to Ralph’s rich menu of [...]
GLOBAL MARKETS ADVISORY GROUP EXPANDS CONSULTING TEAM -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- - ADDS SENIOR EXECUTIVES FROM INTEL, FINRA, AND NYSE November 8, 2017 – Global Markets Advisory Group, a New York-based capital markets advisory firm, announced today that it has brought on [...]
LET FREEDOM RING!! The picture above was taken on the New York Stock Exchange floor on September 17, 2001. I had the week of the 11th off and had just celebrated my oldest son's first birthday on the 6th. On the morning of the 11th, I started the day with my normal ritual of grabbing a [...]
On Wednesday, April 6th GMAG proudly co-hosted a Pre-STANY (Securities Trades Association of New York) Annual Conference Event at Google’s New York City Office. This event was a panel discussion about the Consolidated Audit Trail (CAT) and it's impact on regulation and the financial industry. This discussion was moderated by Bob Pisani of CNBC and [...]
[et_pb_section][et_pb_row][et_pb_column type="4_4"][et_pb_text admin_label="Text" background_layout="light" text_orientation="left" use_border_color="off" border_color="#ffffff" border_style="solid"] Global Markets Advisory Group is proud to announce that it has been retained to assist an Asian company in the exploration of the Initial Public Offering process in the United States. GMAG will leverage its vast expertise to provide the following services: Introductions to Investment Bankers Management [...]
What is the Consolidated Audit Trail? The SEC, FINRA and the exchanges currently rely on ad hoc aggregation of disparate sources of information to conduct market oversight, investigation and enforcement. The CAT will collect daily order and trade data for equities and options, across all trading venues, into a single database. Data will be submitted [...]
On March 1, 2016, the Securities and Exchange Commission issued its Order Granting Exemptions from Certain Provisions of Rule 613 Pursuant to Section 36(a)(1) of the Securities Exchange Act of 1934 (the “Exemption Order”). Click here to read the letter about CAT.
I thought it would be helpful to explain the opening process at the NYSE as it relates to Rule 48, Rule 15, and Rule 123 (d). These are rules which govern the opening of stocks with respect to dislocation from the last sale and the dissemination of that information. They were enacted to provide transparency [...]