World Markets Exchanges

  • SAO PAULO, April 11- BM&FBovespa SA is currently arranging loan financing for the acquisition of rival Cetip SA Mercados Organizados, a deal that could cost Brazil's largest financial exchange up to 12.9 billion reais, mostly in cash. BM&FBovespa Chief Executive Officer Edemir Pinto said on Monday the deal will create "billions of reais" in cost savings in back...

  • SAO PAULO, April 8- BM&FBovespa SA, Latin America's largest financial bourse, took over rival Cetip SA Mercados Organizados in a transaction valued at almost 12 billion reais, creating a giant with growing presence in regional financial markets spanning from Mexico to Chile. Cetip is Latin America's largest depositary of financial securities with a vast...

  • SAO PAULO, April 8- BM&FBovespa SA, Latin America's largest financial bourse, will buy rival Cetip SA Mercados Organizados, creating a giant with a market value of over $11 billion and growing regional presence spanning from Mexico to Chile. Under terms of a revamped, unsolicited offer unveiled on Friday, BM&FBovespa agreed to pay Cetip shareholders 30.75 reais...

  • April 7- Employees of U.S. trading firms responsible for designing algorithmic trading strategies will be required to register with regulators as securities traders under a new rule approved on Thursday aimed at reducing risky and manipulative trading. People who design, develop, or significantly modify a firm's automated trading systems, which generate...

  • HONG KONG, April 7- Hundred of thousands of small- and medium-sized factories in China may use a spot commodity platform that Hong Kong Exchanges and Clearing is considering building, said the head of one of the biggest metals merchants in Hong Kong. HKEx said last month it would explore the possibility of creating a platform for spot commodity trading in China...

  • SAO PAULO, April 6- Cetip SA Mercados Organizados, Brazil's biggest securities clearinghouse, has agreed on most terms of a revamped, unsolicited offer by bourse BM&FBovespa SA, a source with direct knowledge of the matter said on Wednesday. A takeover will make BM&FBovespa the dominant exchange in Brazil, controlling depositary and clearing activities for...

  • SAO PAULO, April 6- Cetip SA Mercados Organizados, Brazil's biggest securities clearinghouse, has agreed on most terms of a revamped, unsolicited offer by bourse BM&FBovespa SA, a source with direct knowledge of the matter said on Wednesday. A takeover will make BM&FBovespa the dominant exchange in Brazil, controlling depositary and clearing activities for...

  • SAO PAULO, April 6- Brazil's Cetip SA Mercados Organizados has agreed on most terms of a revamped, unsolicited offer by rival bourse operator BM&FBovespa SA, a source with direct knowledge of the situation said on Wednesday. The boards of BM&FBovespa and Cetip are expected to approve the sweetened terms of the deal within the "next 48 hours," said the source, who...

  • SAO PAULO, April 5- Sao Paulo bourse operator BM&FBOVESPA has acquired a 4.1 percent stake in Bolsa Mexicana de Valores SAB with an investment of 640 million pesos, the Brazilian bourse said on Tuesday in a securities filing. BM&FBOVESPA said its investment in the 120- year-old Mexican stock market was worth about 136 million reais. BM&FBOVESPA said it will...

  • WASHINGTON, April 5- A federal court in New York fined two United Arab Emirates residents more than $2.6 million to settle charges of "spoofing" in the gold and silver futures markets and permanently banned them from trading, the Commodity Futures Trading Commission said on Tuesday. It said on Tuesday that CME Group, the Securities and Commodities Authority of...

  • MUMBAI, April 5- Bombay Stock Exchange Ltd aims to list next year, its CEO said, in a deal that will raise the profile of Asia's oldest bourse at a time of industry consolidation, as investors such as Deutsche Boerse AG get the opportunity to cash out. The exchange expects to file a prospectus for its initial public offering and get regulatory approval within six to...

  • April 4- Exchange operator BATS Global Markets Inc said its initial public offering was expected to be priced at between $17 and $19 per share, valuing the company at up to $2 billion. The offering of 11.2 million shares, to be listed on the BATS Exchange, could raise as much as $212.8 million. Selling shareholders include Bank of America Merrill Lynch, Citigroup,...

  • April 4- Bats Global Markets Inc said its initial public offering of 11.2 million shares was expected to be priced between $17 and $19 per share. At the upper end of the range the IPO could raise as much as $212.8 million. Bats Global Markets is an operator of exchanges and services for financial markets.

  • NEW YORK, April 1- NYSE Arca has suspended trading in eight symbols for the balance of the trading day because of a technical issue, including Amazon.com and both classes of Alphabet Inc shares, according to an alert from the exchange. The NYSE said the problem was not a system or trading issue but a market data issue affecting a small subset of stocks that it was...

  • NEW YORK, April 1- NYSE Arca has suspended trading in eight symbols for the balance of the trading day due to a technical issue, including Amazon.com and both classes of Alphabet Inc shares, according to an alert from the exchange. The NYSE recently rolled out a new trading platform, called "Pillar" on Feb. 1, but it was not known if issues with the new platform had spurred...

  • NEW YORK, March 31- Nasdaq Inc is in negotiations with several brokers to host and run their private stock trading venues, or dark pools, within its data center, two of the exchange operator's executives said on Thursday. There are nearly 40 of the broker-run alternative trading systems in the United States that compete with 12 public exchanges, including Nasdaq...

  • NEW YORK, March 31- Transatlantic exchange operator Nasdaq Inc would consider acquiring Oslo Bors VPS Holding ASA if the Norwegian stock exchange operator was willing to sell, one of Nasdaq's executives said on Thursday. The New York- based company runs stock exchanges in Denmark, Finland, Sweden, and Iceland, as well as in Latvia, Estonia and Lithuania.

  • TORONTO, March 30- The chief executive of Canada's dominant stock exchange operator, TMX Group Ltd, said on Wednesday the country's capital market rules must swiftly adapt to technological changes and rising competition. Lou Eccleston declined to say what specific changes the company wants to see, but suggested the market is now fundamentally different with...

  • The electronic display board of the newly opened Yangon Stock Exchange, housed in a historic building in Yangon, shows initial trading on March 25, 2016.

    Investors stood in line to buy shares of the country's first listed stock: financial services-to-healthcare conglomerate First Myanmar Investment.

  • SYDNEY, March 21- Australian bourse operator ASX Ltd said its chief executive officer has quit as police investigate allegations of bribery at gambling company Tabcorp Holdings Ltd, which he formerly headed. Tabcorp last week revealed it was under investigation by Australian Federal Police over a payment concerning a Cambodian business opportunity in...