ADVFN - Advanced Financial Network.
HOME» NYSE » W » WDR Stock Price » WDR Stock News

Waddell & Reed Share News

 Waddell & Reed Financial, Inc. Stock Price
WDR Stock Price
 Waddell & Reed Financial, Inc. Stock Chart
WDR Stock Chart
 Waddell & Reed Financial, Inc. Stock News
WDR Stock News
 Waddell & Reed Financial, Inc. Company Information
WDR Company Information
 Waddell & Reed Financial, Inc. Stock Trades
WDR Stock Trades

Waddell & Reed's Shares Fall On Reported 'Flash Crash' Link

NEW YORK -(Dow Jones)- Waddell & Reed Financial Inc. (WDR) shares dropped Friday following a report that a Waddell trader selling e-mini contracts played a role in last week's brief 1000-point Dow drop. Shares of Waddell fell 6.6% to $31.81 in recent trading. Reuters reported Friday that the sale of 75,000 e-mini contracts, a liquid futures contract linked to the S&P 500 Index, accounted for 9% of e-mini trading volume on May 6, citing a document provided by CME Group Inc. (CME) . CME did not find improper trading activity at Waddell, according to Reuters. Separately, Waddell said in a statement that the e-mini trade in question was a "longstanding and well-monitored" hedging strategy and that it was one of 250 firms making similar trades at the time of the so-called flash crash. -Wallace Witkowski; 415-439-6400; AskNewswires@dowjones.com

Stock News for Waddell & Reed (WDR)
DateTimeHeadline
06/04/201418:06:50U.S. Stocks Edge Higher
05/28/201404:20:36Waddell & Reed Sells Out of Sands China
05/28/201403:45:37Waddell & Reed Sells Out of Sands China -- Update
11/15/201307:04:51Bridgewater Associates LP 3Q 13F: Largest Eliminations
11/14/201307:21:25GAMCO Asset Management Inc. 3Q 13F: Largest -2-
11/14/201307:21:24GAMCO Asset Management Inc. 3Q 13F: Largest Sales
11/14/201307:21:23GAMCO Asset Management Inc. 3Q 13F: Holdings As -2-
11/14/201307:21:23GAMCO Asset Management Inc. 3Q 13F: Holdings As Of Sep 30
06/18/201211:26:16CVC Sells Further $500 Million Formula One Stake to Waddell...
06/17/201219:40:13CVC Sells F1 Stake to Waddell & Reed for $500 Million
06/14/201207:07:07Waddell & Reed to Raise up to US$258 Million Selling Sands China...
05/22/201208:11:08BlackRock, Others, Buy $1.6 Billion Stake In Formula One -Reuters
02/28/201109:12:06MUTUAL FUNDS:Deciding Between The Fund And The Fund Co.'s Stock
05/14/201014:18:03Waddell & Reed Reveals Link To May 6 Market Move
05/14/201014:17:10Waddell & Reed's Shares Fall On Reported 'Flash Crash' Link
05/14/201012:41:31Waddell Named As Mystery Trader In May 6 Market Fall -Reuters

Waddell & Reed and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad