T. Rowe Price has deployed an automated Net Asset Value (NAV) oversight system that will serve a range of investment offerings, and will replace an internally developed system, according to officials at the mutual fund giant and at Linedata, maker of the Navquest platform. NAV is the “value per share of a mutual fund or… Read More >>
National Stock Exchange Announces Its Resurrection
After closing for 17 months, the National Stock Exchange (NSX) is in the final stages of relaunching a national securities exchange for trading equity securities and exchange-traded fund (ETFs) with a strategy to become “the leader in low-fee market access,” say NSX officials. The low-fee strategy is intended to drive higher levels of activity than… Read More >>
