PARIS, July 4- CME Group faces a tough task getting Europe's grain trade to adopt U.S.-style wheat futures, but backing from big French grain handlers gives it a chance of challenging Euronext in a market some traders say has room for only one exchange. CME, the owner of the Chicago Board of Trade whose prices are a global benchmark for grain, will launch trading in... » Read More
Contrary to popular belief, high frequency trading reduces volatility in stock markets rather than exacerbates it, according to new research by Professor Alex Frino at the University of Sydney Business School and CEO of Capital Markets Co-operative Research Centre.
Deal-making by both the London Stock Exchange (LSE) and Nasdaq-OMX hit snags this week on concerns over sovereignty and competition, leaving room for speculation that Nasdaq will now bid for the LSE.
The merger deal between NYSE Euronext and Deutsche Boerse, creating the world's largest exchange operator, is likely to have multiple levels of cultural challenges, Rodgin Cohen, senior chairman Sullivan & Cromwell, told CNBC on Tuesday.