GO
Loading...

Specialized Finance

More

  • UPDATE 1-Carlyle's Adena Friedman returns to Nasdaq Monday, 12 May 2014 | 8:00 AM ET

    May 12- Nasdaq OMX Group Inc said on Monday its former chief financial officer Adena Friedman will rejoin the company as president of global corporate and information technology solutions, reporting to Chief Executive Robert Greifeld. Friedman, who left Nasdaq in 2011, was most recently chief financial officer of private equity firm Carlyle Group LP.

  • LONDON, May 12- CME Group's European clearing house and the post-trade arm of Swiss exchange operator SIX Group have teamed up to create a platform to manage collateral used to back derivatives trades. Last week, the Depository Trust& Clearing Corporation and Euroclear announced a joint venture to simplify settlement of trades and ease access to collateral.

  • Adena Friedman returns to Nasdaq Monday, 12 May 2014 | 2:13 AM ET

    May 12- Nasdaq OMX Group Inc said Adena Friedman will rejoin the company as president of global corporate and information technology solutions, reporting to Chief Executive Robert Greifeld. Friedman, who left Nasdaq in 2011, was most recently chief financial officer of private equity firm Carlyle Group LP.

  • LONDON, May 8- European exchange group Euronext, which is planning a stock market listing next month, earned net income of $36 million in the first three months of the year, a regulatory filing showed on Thursday.

  • *Euronext to list on Amsterdam, Brussels and Paris exchanges- source. *Euronext will later list on its Lisbon exchange- source. A spin-off of Euronext has been expected since ICE's $11 billion deal last year to take over NYSE Euronext, parent company of the New York Stock Exchange.

  • LONDON, May 7- Euronext, which is being spun off by IntercontinentalExchange, will be listed on three of its exchanges in a stock market listing scheduled for June, a source familiar with the matter said on Wednesday.

  • Some of the biggest retail brokerage companies are Charles Schwab Corp., TD Ameritrade Holding, Fidelity Investments' Fidelity Brokerage Services and E* Trade Financial Corp, which can get paid $100 million a year or more for selling their orders.

  • CHICAGO, May 6- The quality of U.S. stock markets will improve if regulators limit trading that happens outside of exchanges, the head of CBOE Holdings Inc said on Tuesday after the company reported higher-than-expected quarterly earnings.

  • CBOE earnings top estimates as trading volumes rise Tuesday, 6 May 2014 | 7:54 AM ET

    CHICAGO, May 6- CBOE Holdings Inc, which runs the largest U.S. stock-options market, reported higher-than-expected first-quarter earnings on Tuesday due to rising trading volume. Chicago- based CBOE Holdings said net income rose to $48.5 million, or 56 cents per share, from $41.8 million, or 48 cents, a year earlier.

  • NEW YORK, May 1- The New York Attorney General's office is seeking information from exchanges and alternative trading platforms about their relationships with high frequency trading firms, as part of its probe into allegedly unfair trading practices on Wall Street, according to sources familiar with the situation.

  • NEW YORK, May 1- The New York Attorney General's office is seeking information from exchanges and alternative trading platforms about their relationships with high frequency trading firms, as part of its probe into allegedly unfair trading practices on Wall Street, according to sources familiar with the situation.

  • New Jersey has now fallen into single-A category with two of the three major Wall Street credit rating agencies. Standard& Poor's Ratings Services cut New Jersey to A+ last month, citing budget tricks, the state's sizable imbalance, "bullish" revenue assumptions and pressure from growing pension obligations.

  • The Securities and Exchange Commission said the NYSE, two of its exchanges and one affiliated brokerage "repeatedly engaged in business practices that either violated exchange rules or required a rule when the exchanges had none in effect." The NYSE agreed to settle the matter and pay a $4.5 million penalty without admitting or denying the charges.

  • CHICAGO, May 1- CME Group Inc sought on Thursday to calm investors' concerns about its exposure to possible U.S. regulations targeting high-frequency trading after the world's largest futures market operator reported a 13 percent rise in first-quarter earnings.

  • *Contract to rival ICE's London cocoa market. LONDON, May 1- CME Group Inc, the world's largest futures exchange operator, plans to launch a cocoa futures contract this year, challenging rival Intercontinental Exchange's dominance in the market, industry sources said.

  • CHICAGO, May 1- CME Group Inc, the world's largest futures market operator, said on Thursday that first-quarter earnings increased 13 percent, meeting Wall Street expectations, on a jump in trading volume. Net profit rose to $266.8 million, or 79 cents a share, from $235.8 million a year ago, or 71 cents a share.

  • WASHINGTON, April 30- The U.S. Securities and Exchange Commission is pursuing potential enforcement actions against credit-rating agencies over disclosure violations as the regulator turns to new targets now that few cases remain from the financial crisis, the SEC's top enforcement chief said Wednesday.

  • LONDON, April 30- Transatlantic exchange operator Nasdaq OMX has lowered clearing fees and expanded the list of assets that can be used as collateral at its Nordic clearing house after the business was authorised under new European Union rules.

  • "The markets are not rigged," White told a U.S. House of Representatives panel on Tuesday, in response to a blunt question from New Jersey Republican Congressman Scott Garrett. The book has since prompted the FBI, the SEC, the U.S. attorney general and the New York state attorney general to disclose they are investigating potential abuses by high-speed traders.

  • *Says planned public offer in UK unit to take place in "mid-term". MADRID, April 29- Spanish bank Santander launched a buyout offer for the remaining 25 percent of its Brazilian unit, cementing its grip on one of its top profit drivers in a deal worth up to 4.7 billion euros.