World Markets Exchanges

  • NEW YORK, Aug 29- When hackers penetrated a secure authentication system at a bitcoin exchange called Bitfinex earlier this month, they stole about $70 million worth of the virtual currency. The cyber theft-- the second largest by an exchange since hackers took roughly $350 million in bitcoins at Tokyo's MtGox exchange in early 2014-- is hardly a rare occurrence in...

  • NEW YORK, Aug 29- When hackers penetrated a secure authentication system at a bitcoin exchange called Bitfinex earlier this month, they stole about $70 million worth of the virtual currency. The cyber theft-- the second largest by an exchange since hackers took roughly $350 million in bitcoins at Tokyo's MtGox exchange in early 2014-- is hardly a rare occurrence in...

  • LONDON, Aug 26- Big financial groups in London are losing faith in a quick fix to get access to the European Union after Britain leaves the bloc and are instead drawing up contingency plans to avoid becoming hostage to Brussels politics. In the aftermath of Britain's vote to leave the EU, legal experts said banks, insurers and asset managers in London using...

  • LONDON, Aug 25- Europe's biggest stock exchange Bats Europe could open a base outside London following Brexit, its head told Reuters, voicing doubts about whether the City of London would secure sufficient access to the European market. Bats Europe accounts for about 24 percent of daily trading in European shares and a shift of UK operations of one of the...

  • LONDON, Aug 25- Europe's biggest stock exchange Bats Europe could open a base outside London following Brexit, its head told Reuters, voicing doubts about whether the City of London would secure sufficient access to the European market. Bats Europe accounts for about 24 percent of daily trading in European shares and a shift of UK operations of one of the...

  • NEW YORK, Aug 19- IEX Group, the upstart trading venue featured in Michael Lewis's book "Flash Boys: A Wall Street Revolt," began operations as a public stock exchange on Friday after more than 2-1/ 2 years as an off-exchange trading platform. The Investors' Exchange is the 13th U.S. stock exchange and will compete with the likes of Nasdaq Inc, Bats Global Markets and...

  • SHANGHAI, Aug 18- Hong Kong shares followed Asian markets higher on Thursday as minutes from the U.S. A launch date for the Shenzhen-Hong Kong Connect has yet to be announced, but the Hong Kong exchange operator hopes it can kick off before Christmas. Traders say while much of the impact of the scheme has already been priced in, expectations of fresh money inflows...

  • HONG KONG, Aug 17- A plan to connect the giant stock markets of Shenzhen and Hong Kong offers global investors tempting access to China's fast-growing tech sector, but high valuations and a reputation for wild speculation are likely to keep many buyers at bay, money managers said on Wednesday. "Investors aren't very enthusiastic about Shenzhen because the...

  • SAO PAULO, Aug 11- BM&FBovespa SA, Latin America's largest financial exchange operator, posted a net loss of 114 million reais in the second quarter after losses caused by currency fluctuations during the sale of its stake in CME Group, the company said in a statement on Thursday. BM&FBovespa announced in September that it was going to sell its 5 percent stake in...

  • SAO PAULO, Aug 11- BM&FBovespa SA, Latin America's largest financial exchange operator, posted a net loss of 114 million reais in the second quarter on Thursday due to an adverse currency effect related to the sale of its stake at CME Group, the company said in a statement. Excluding the non-recurring item, the exchange posted net income of 497 million reais,...

  • NEW YORK, Aug 11- Bats Global Markets, the No. 2 U.S. stock exchange operator by volume, said on Thursday it would acquire Javelin SEF LLC, a swaps exchange, for an undisclosed sum to enhance its foreign exchange trading operations. The Kansas City- based company entered the FX market in January 2015 with its $365 purchase of currency trading platform Hotspot from KCG...

  • NEW YORK, Aug 11- TradeZero, a Bahamas- based online broker-dealer, said on Thursday it had launched the world's first "dark pool" exchange for bitcoin to enable institutional investors to execute large trades. TradeZero has partnered with Jered Kenna, one of the earliest bitcoin investors and founder of the now defunct bitcoin exchange called Tradehill, for the...

  • NEW YORK, Aug 11- The top three U.S. stock exchange groups on Thursday outlined how they have harmonized key exchange processes over the past year and proposed rule changes to promote more orderly trading during times of extreme volatility. Proposed rule changes to harmonize the way stocks and ETFs are halted and reopened in volatile trading sessions will be...

  • *HKEX commods H1 EBITDA dips to HK $513 mln from HK $632 mln yr ago. Aug 10- Core first-half earnings of the Hong Kong bourse's commodity division slumped by 19 percent as trade in metals declined while hiring linked to a new spot commodities trading platform in China drove up costs, the exchange said on Wednesday. Earnings before interest, tax, deprecation and...

  • Aug 10- Daily traded volumes on the London Metal Exchange shrunk by 9 percent in the first half of 2016 due to difficult market conditions, its owner said on Wednesday, and after higher fees discouraged trading on the metals bourse. LME owner Hong Kong Exchanges and Clearing logged a half-year net profit of HK $2.985 billion, down from HK $4.10 billion a year ago.

  • The exchange platform says all users are set to lose more than a third of their holding following last week's cyber attack.

  • LONDON, Aug 8- The London Metal Exchange has just unveiled a package of measures designed to "strengthen its role as the global liquidity center for metals trading." This marks a reversal of the fee hikes instituted at the start of 2015, the expiry date of a previous "no-change" honeymoon period promised by Hong Kong Exchanges and Clearing when it bought the...

  • TORONTO, Aug 4- Canada's main stock index notched a gain on Thursday as surging oil prices boosted energy stocks, while poor earnings hurt insurer Manulife Financial Corp and the exit of a major investor weighed on Canadian Pacific Railway stock. The Toronto Stock Exchange's S&P/TSX composite index rose 16.73 points, or 0.12 percent, to 14,528.78.

  • TORONTO, Aug 4- Canada's main stock index fell on Thursday as shares of insurer Manulife Financial Corp plunged after poor earnings and the exit of a major investor hurt Canadian Pacific Railway stock. Manulife, Canada's biggest life insurer, fell 5.5 percent to C $16.93 after its lower profit missed expectations and it warned of an impending charge while...

  • The company, which owns Borsa Italiana and the London Stock Exchange, said adjusted operating profit rose 9 percent to 333.3 million pounds in the six months ended June 30. The group, which operates in the UK, continental Europe, United States and Asia, said it was well positioned to navigate political and macroeconomic changes. LSE and Deutsche Boerse have both...