2014 Event Chinese e-commerce company Alibaba begins trading on the New York Stock Exchange; its pre-IPO market valuation of almost $168 billion exceeds that of American e-commerce giant Amazon by over $17 billion 2014 Event The European Banking Authority cautions banks against accepting or trading in virtual currencies such as Bitcoin until such transactions can be regulated by the European Commission; regulators cited the risk of fraud and money laundering 2014 Event The People's Bank of China widens its trading band for the yuan against the U.S. dollar to within 2% of the determined daily midpoint, moving the currency toward market-based valuation 2013 Event AMR Corporation, the parent company of American Airlines, merges with US Airways Group; American Airlines Group is formed and the public company begins trading on the NASDAQ under the symbol AAL 2013 Event A plan to improve the technical functionality of U.S. stock exchanges in announced following the NASDAQ halt in trading in August, 2013 2013 Event In the U.K., the top 50 payday loan companies were sited for "widespread irresponsible lending"; the Office of Fair Trading gives them 12 weeks to change their practices 2012 Event In Tokyo, direct trading begins between the Japanese yuan and the Chinese yuan 2012 Event The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission together complete rules to limit which firms are required to register with either or both agencies as 'swap dealers' 2012 Event China allows the yuan to fluctuate up to 1% from 0.5%, in trading against the U.S. dollar 2011 Event The Tokyo Stock Exchange falls more than five percent on the first day of trading following the 2011 Sendai earthquake 2010 Event Japan's Securities and Exchange Surveillance Commission and the Tokyo Stock Exchange conduct an insider trading investigation of Japanese companies 1987 Event Ivan F. Boesky sentenced to 3 years for insider trading 1987 Event British Airways begins trading stocks 1986 Death Stephen Stucker, actor (Trading Places, Airplane), dies 1983 Event "Trading Places," "Ghostbusters," and "Gremlins," premieres 1982 Event NYSE sets trading record of 132,690,000 shares traded 1954 Birthday James Belushi, born in Chicago, Illinois, comedian, Sat Night Live, Trading Places 1937 Birthday J S Jennings, CEO, Shell Transport and Trading Co 1937 Birthday Ivan Boesky, Detroit, stockbroker inside trading 1932 Birthday Peter Holmes, CEO, Shell Transport and Trading Company 1930 Birthday Philip Bosco, Jersey City, actor, Trading Places 1908 Birthday Don Ameche, Kenosha WI, actor, Cocoon, Trading Places 1904 Birthday Ralph Bellamy, born in Chicago, actor, Air Mail, Dive Bomber, Trading Places 1866 Birthday Cornelis J K van Aalst, president, Dutch Trading Company 1861 Event President Lincoln prohibits Union states from trading with Confederacy 1861 Event New York City mayor proposes New York become a free city, trading with N and S 1847 Birthday Jacob T Cremer, Minister of Colonies/president, Dutch Trading Comp 1811 Event Russian settlers establish Ft. Ross trading post, north of SF 1764 Event St. Louis founded as a French trading post by Pierre Laclade Ligue 1701 Event Antoine de la Mothe Cadillac found trading post at Ft. Pontchartrain, which later becomes the city of Detroit