World Markets Exchanges

  • Nov 25- The Islamic Development Bank will seek a strategic stake in Turkey's main stock exchange and collaborate on developing a gold trading platform for use by majority-Muslim countries, part of a broad agreement signed on Thursday. The IDB and Borsa Istanbul would also seek to develop an integrated gold trading platform to be established within the stock...

  • TORONTO, Nov 21- Canada's competition watchdog concluded on Monday that the country's largest stock exchange operator, TMX Group Ltd, did not violate anti-competitive rules despite its refusal to share private market data with a rival. The statement followed an investigation prompted by a December 2015 complaint by Aequitas Innovations Inc, which operates...

  • Mergent would become part of the UK firm's information services division, adding data on 250 million public and private companies to LSE Group's basket. LSE Group did not disclose the terms of the Mergent deal, which is expected to close by Jan. 31. LSE Group, which also owns Borsa Italiana, saw strong business in its latest quarter as the London stock market hit...

  • Nov 21- London Stock Exchange Group Plc said on Monday that it would acquire business and financial information provider Mergent Inc.. LSEG, which agreed to merge with German rival Deutsche Boerse to create a giant European trading house, said the Mergent business will be a part of its information services division. The company did not disclose the terms of the...

  • TORONTO, Nov 17- Former TMX Group Ltd executive Kevan Cowan has been appointed chief regulator of a yet-to-be-created national securities regulator meant to unify the current patchwork of provincial entities, its implementation body said on Thursday. The much-delayed cooperative system which currently includes British Columbia and Ontario, as well as...

  • Dead for now is any prospect of the SEC approving a tough fiduciary rule for financial advisers, say policy experts. Trump's decision to tap former Republican SEC Commissioner Paul Atkins to help manage the Trump team's transition efforts at the SEC and other financial agencies offers a window into some other changes that could be in store.

  • Dead for now is any prospect of the SEC approving a tough fiduciary rule for financial advisers, say policy experts. Trump's decision to tap former Republican SEC Commissioner Paul Atkins to help manage the Trump team's transition efforts at the SEC and other financial agencies offers a window into some other changes that could be in store.

  • Nov 14- Nasdaq Inc said on Monday that its long-time chief executive Robert Greifeld would retire and that Adena Friedman, president and chief operating officer, would become CEO as of Jan. 1. Greifeld, 59, has headed the trans- Atlantic stock exchange operator since 2003 and wrote his graduate thesis on the operation of the exchange. Under Greifeld, Nasdaq grew...

  • Nov 14- Transatlantic exchange operator Nasdaq Inc on Monday named Adena Friedman as its chief executive officer, replacing Bob Greifeld who will become the chairman.

  • NEW YORK, Nov 14- IEX Group, operator of the newest U.S. stock exchange, on Monday said it hired former Morgan Stanley executive Sara Furber to help it challenge Nasdaq Inc and Intercontinental Exchange Inc's New York Stock Exchange for corporate listings. The New York- based company, which was featured in Michael Lewis' book "Flash Boys: A Wall Street Revolt," has been...

  • Nov 10- Phupinder Gill, chief executive of CME Group Inc since 2012, will retire at year's end, the world's largest futures market operator said in a statement on Thursday. Executive Chairman Terrence Duffy has taken on the additional role of CEO, and Bryan Durkin, chief commercial officer currently, was made president of the company. Malaysia- born, Singapore-...

  • Nov 10- The holding company for Chicago Mercantile Exchange Inc CME Group Inc said Chief Executive Phupinder Gill informed the board that he would retire at the end of this year. Chairman Terry Duffy will take up the additional role of CEO after Gill leaves, the company said. Gill was named CEO in 2012..

  • NEW YORK, Nov 9- Banks, stock exchanges and brokers enjoyed a surge in trading volumes on Wednesday after a surprise victory for Republican presidential candidate Donald Trump sent investors scrambling to reposition their portfolios. The surge in trading, which spanned equities, foreign exchange and bonds, was a boon for banks' trading arms, which beat...

  • NEW YORK, Nov 9- Banks, stock exchanges and brokers enjoyed a surge in trading volumes on Wednesday after a surprise victory for Republican presidential candidate Donald Trump sent investors scrambling to reposition their portfolios. The surge in trading, which spanned equities, foreign exchange and bonds, was a boon for banks' trading arms, which beat...

  • CME took emergency action to allow bigger-than-normal price swings in its interest rate futures on Election Day on Tuesday.

  • CHICAGO, Nov 7- CME Group Inc took emergency action on Monday to allow bigger-than-normal price swings in its interest rate futures on Election Day on Tuesday, as the market operator warned that the U.S. presidential vote could increase volatility. The owner of the Chicago Board of Trade and Chicago Mercantile Exchange said it will widen price fluctuation...

  • *Vast majority of FTSE 100 firms seen affected. LONDON, Nov 4- Tough new European regulations limiting the scope of "dark pools" are prompting stock exchange operators to develop equivalent systems to fill what is expected to be a gap in the equity market. The reform they aim to cater for is part of MiFID II, the second Markets in Financial Instruments Directive,...

  • LONDON, Nov 2- The European Union is considering a limit on processing euro-denominated security transactions in the United States in a sign of what Britain might face after Brexit, London Stock Exchange Group chief executive Xavier Rolet said on Wednesday. Shortly after Britain voted in June to leave the EU, French President Francois Hollande said...

  • Nov 1- Intercontinental Exchange Inc, which saw a jump in profits in the latest quarter, is evaluating opportunities to expand in Britain following the UK's vote to leave the European Union, the head of the exchange and clearing house operator said on Tuesday. The owner of the New York Stock Exchange said recent acquisitions helped drive a 12.4 percent increase...

  • Nov 1- Intercontinental Exchange Inc, the owner of the New York Stock Exchange, reported a 12.4 percent rise in quarterly profit as revenue from its data services business more than doubled. Net income attributable to the company rose to $344 million, or $2.86 per share, in the third quarter ended Sept. 30 from $306 million, or $2.76 per share, a year earlier.