GO
Loading...

Enter multiple symbols separated by commas

Specialized Finance

More

  • Dec 10- Intercontinental Exchange Inc has no immediate plans to sell the New York Stock Exchange, which it expects to become more profitable as a result of extensive ongoing restructuring, ICE Chief Executive Officer Jeffrey Sprecher said on Wednesday. The NYSE, which exchange and clearing house operator ICE bought for $11 billion in November 2013 in order to...

  • SINGAPORE, Dec 3- Singapore Exchange Ltd came under fire on Wednesday after stock trading was interrupted for a second time in a month, piling pressure on a bourse and CEO grappling with low trading volume and struggling to attract large listings. "I cannot speak for myself, but on the ground I assess that most remisiers want him to leave," said Jimmy Ho, President of...

  • NEW YORK, Dec 2- Citigroup Inc is shutting down its alternative stock trading venue LavaFlow, the bank said on Tuesday, at a time when regulatory scrutiny has increased around broker-run trading platforms, forcing banks to rethink the costs. "Following a recent review of the LavaFlow ECN, we have decided that our capital, resources and efforts would be better...

  • *Britain, Luxembourg, HK among new issuers this year. The United Kingdom, Hong Kong and Luxembourg- all ranked at least AA by rating agencies- issued sharia-compliant financial instruments, or sukuk, for the first time in 2014. They gave a huge boost to a market which was once just seen as a funding tool for borrowers from the Gulf and Muslim countries in southeast...

  • DUBLIN, Dec 1- Aircraft leasing company Avolon Holdings set out plans on Monday to list shares on the New York Stock Exchange and raise $286 million to $314 million for shareholders, the Dublin- based firm said on Monday. Avolon, backed by private equity firms Cinven Ltd, CVC Capital Partners Ltd and Oak Hill Capital Partners, as well as Singapore's sovereign wealth...

  • LONDON, Dec 1- The yen fell to a seven-year low against the dollar in volatile trade on Monday after global rating agency Moody's cut Japan's sovereign rating. Moody's cut Japan's rating to A1 from AA3 and assigned a stable outlook to its debt. "Once the knee-jerk reaction is out of the way, the downgrade underlines Japan's fiscal problems and should offer...

  • The competition intensified as banks bet on robust demand for the currency for use in the Shanghai- Hong Kong stock connect scheme, a landmark link that gives foreign and Chinese retail investors unprecedented access to the two exchanges. "Some banks actively stored yuan funds in the past few months, but now they found demand for the currency was not as strong as...

  • Bitcoin exchange Kraken to help in Mt. Gox bankruptcy Wednesday, 26 Nov 2014 | 4:49 AM ET

    TOKYO, Nov 26- U.S. bitcoin exchange operator Payward Inc said on Wednesday it will work on retrieving some millions of dollars lost by Tokyo- based Mt. Gox's Tokyo- court appointed trustee Nobuaki Kobayashi with investigating where the missing bitcoins are, along with eventually redistributing any found to creditors as part of a liquidation.

  • NEW YORK, Nov 21- The trading executive at the center of Michael Lewis' book "Flash Boys" said U.S. regulators have made progress in protecting investors against abusive trading practices. Brad Katsuyama, chief executive of IEX Group, has spent years figuring out how high-speed traders collect a few cents on every trade in the U.S. stock market, and is building a...

  • SAO PAULO, Nov 14- Brazilian bourse operator BM&FBovespa SA vowed full transparency on Friday after trading in shares of Petróleo Brasileiro SA was delayed as the state-controlled oil producer put off the release of third-quarter results until next month. Officials at BM&FBovespa and Petrobras were in talks overnight to assess the impact of a decision by...

  • Weak growth threatens euro zone sovereign ratings Friday, 14 Nov 2014 | 8:55 AM ET

    Two of the bloc's biggest economies, Italy and France, are at risk of further downgrades. All the "Big Three" rating agencies have a negative outlook on France and even Canada's DBRS, which remained more positive on euro zone states during the crisis, cut its French outlook last week. S&P, which reviews Italy next month, has it on negative outlook and a downgrade to junk...

  • SHANGHAI, Nov 14- Monday's launch of the stock connect scheme allowing Hong Kong and Shanghai investors to trade on each other's bourse will be a mostly one-way street, with foreign money pouring into China, but little to entice mainland cash southwards for now. Foreign stock exchanges have long been hoping to attract a share of China's massive personal...

  • LONDON, Nov 13- London Stock Exchange Group shares hit an all-time high on Thursday after it reported jumps in first-half revenue and profit and raised its dividend. The stock was up 2.9 percent at 2083 pence at 1110 GMT versus a slightly higher UK blue-chip index. Chief Executive Xavier Rolet said the pipeline for listings remained strong, with Virgin Money's...

  • Foreigners bought a total of 2.23 trillion yen worth of Japanese shares, including both futures and cash stocks, during Nov. 4-7, according to data provided by the Japan Exchange Group, which operates the Tokyo Stock Exchange and the Osaka Exchange. The total amount was seen as a record, according to Mitsubishi UFJ Morgan Stanley Securities and Nomura Securities...

  • *Comex copper trading outperforms LME in Asia time over 3 months. SYDNEY, Nov 12- Asian traders are increasingly choosing CME Group Inc over the London Metal Exchange for buying and selling copper, as they seek to cut costs and complexity of trade. The trend could mean an erosion of Hong Kong Exchanges& Clearing's dominant market share in its premier metals...

  • NEW YORK, Nov 10- Regulators are undertaking a comprehensive data-driven review of the rules underpinning the U.S. equity markets, including the pricing and rebate system used by exchanges, the head of the Securities and Exchange Commission said on Monday. The SEC is looking at its National Market System rule set, as well as the role of exchanges acting as...

  • HONG KONG, Nov 10- Hong Kong Exchanges and Clearing Ltd CEO Charles Li said on Monday that a tax regime for a landmark stock connect scheme linking the Shanghai and Hong Kong bourses will be announced before the launch of the scheme. Li also told a media conference that a system enhancement to allow short selling in Shanghai' A'-listed stocks in Hong Kong is...

  • SHANGHAI Nov 10- Hong Kong shares finished up on Monday after Chinese and Hong Kong regulators announced a formal start date to the Hong Kong- Shanghai stock connector pilot programme, but analysts said the rise was blunted by some profit-taking in comparison to mainland indexes. The largest percentage gainer on the HSI was Hong Kong Exchanges and Clearing Ltd,...

  • LONDON, Nov 7- The London Metal Exchange on Friday launched consultations on proposed changes to rules governing physical delivery and its global network of storage warehouses. The LME, the world's oldest and biggest market for industrial metals which is now owned by Hong Kong Exchanges and Clearing Ltd, oversees warehouses where companies that buy metals on...

  • HKEx may change listing rule after Alibaba IPO loss Saturday, 30 Aug 2014 | 12:50 AM ET

    Stung by the loss of the IPO of Chinese e-commerce firm Alibaba, the Hong Kong stock exchange took a step towards loosening its listing rules.