MUMBAI, Feb 28- India on Saturday proposed to merge its commodity market regulator with the capital market watchdog, aiming to strengthen regulation in a move which could help open the commodity futures market to institutional investors. Responding to the measure, shares of Multi Commodity Exchange of India Ltd, India's biggest commodity exchange and its...» Read More
Oct 14- JPMorgan Chase and Co's quarterly results surfaced more than three hours before schedule on Shareholder.com, Nasdaq OMX Group Inc's investor-communications company. **Oct. 15, 2013- Citigroup Inc's third-quarter results were released early as Bloomberg News broke an embargo, forcing the bank to pull forward the release of its statement.
CHICAGO, Oct 14- CME Group Inc plans to eliminate 5 percent of its global workforce, or about 150 jobs, with most cuts hitting its Chicago headquarters, the world's largest futures exchange operator said on Tuesday. A spokeswoman declined to say how much money the cost cuts will save at CME, which owns the Chicago Board of Trade and New York Mercantile Exchange.
NEW YORK, Oct 14- JPMorgan Chase& Co's third-quarter results were released hours ahead of schedule on Tuesday morning because of a "human error" at an external vendor that manages its investor relations website, the vendor said in a statement. The vendor, Shareholder.com, which is owned by Nasdaq OMX Group Inc, mistakenly published one of JPMorgan's earnings...
CHICAGO, Oct 14- CME Group Inc plans to cut 5 percent of its global workforce, or about 150 jobs, the world's largest futures exchange operator said on Tuesday. Most of the layoffs will come from CME's technology operations, with the rest coming from corporate and administration functions, the Chicago- based company said. CME, which owns the Chicago Board of Trade and...
German Bunds moved higher, accentuating flows towards safer currencies like the yen and the Swiss franc after rating agency S&P on Friday downgraded Finland and cut its outlook on France. The dollar was down 0.3 percent to 107.38 yen, after falling as low as 107.06 yen, its weakest level in about a month and well off a six-year high of 110.09 yen on Oct. 1.
European stocks opened lower and German Bunds moved higher, accentuating regional flows towards safer currencies like the yen and the Swiss franc after rating agency S&P on Friday downgraded Finland and cut its outlook on France. It was down 0.3 percent to 107.38 yen, after falling as low as 107.06 yen, its weakest level in about a month and well off a six-year...
NEW YORK, Oct 10- ConvergEx Group LLC is revamping its two alternative trading systems, or "dark pools," due in part to expectations of tighter industry regulations, Eric Noll, chief executive of the brokerage and trading services provider, said on Friday. Several regulators are probing how the venues operate, and New York's attorney general has filed a lawsuit...
FRANKFURT, Oct 9- German exchange operator Deutsche Boerse is set to unveil a wide-ranging cooperation with the Shanghai Stock Exchange, three sources familiar with the plans said on Thursday. An agreement setting out the arrangement could be signed as soon as Friday, along with other business deals that could involve European planemaker Airbus, when Chinese...
LONDON, Oct 1- Tesco said Britain's financial watchdog had started a full investigation into the company in the wake of an accounting scandal which wiped 3 billion pounds from the British grocer's stock market value last month.
NEW YORK, Sept 30- CME Group Inc's New York Mercantile Exchange must face a lawsuit brought by regulators seeking to hold it liable for the actions of two former employees accused of leaking trade details, a U.S. judge ruled on Tuesday.
TORONTO, Sept 29- TMX Group Ltd named Lou Eccleston as its new chief executive officer, the Toronto Stock Exchange operator said on Monday, after a lengthy global search to replace retiring CEO Tom Kloet. Eccleston left McGraw Hill Financial in July. Eccleston has also previously worked at Thomson Reuters Corp predecessor Thomson Financial, and at Bloomberg LP.
TORONTO, Sept 29- TMX Group Ltd named Lou Eccleston as its new chief executive officer, the Toronto Stock Exchange operator said on Monday, after a lengthy global search to replace retiring CEO Tom Kloet. Eccleston previously worked at McGraw Hill Financial, Thomson Reuters Corp predecessor Thomson Financial, and Bloomberg LP.
HONG KONG, Sept 29- Charles Li, the chief executive of the Hong Kong Exchanges and Clearing Ltd, on Monday urged pro-democracy protesters to use peaceful means within the boundaries of the law to voice their concerns.
Sept 26- Chinese e-commerce heavyweight Alibaba Group Holding Ltd's options will debut on CBOE Holdings Inc's exchanges on Monday with strike prices ranging from $75 to $100 in $5 increments, a CBOE spokeswoman said on Friday. Susquehanna Securities will be the only designated primary market maker for Alibaba's options at the CBOE, the CBOE spokeswoman said.
Sept 26- Chinese e-commerce heavyweight Alibaba Group Holding Ltd's options will debut on CBOE Holdings Inc's exchanges on Monday with strike prices ranging from $75 to $100 in $5 increments, a CBOE spokeswoman said on Friday.
LONDON, Sept 26- The London Metal Exchange, looking to boost profits, has scope for a significant hike to its trading fees whilst remaining competitive with arch U.S. rival CME Group.
Sept 25- The U.S. public pension gap has tripled to at least $2 trillion in less than a decade, Moody's Investors Service said in a report on Thursday. The gap has widened in spite of the fact that average investment returns over about the same period were 7.45 percent, roughly in line with targets, according to the Wall Street credit rating agency.
The two appeals, by consumer and commercial classes of plaintiffs involved in the aluminum industry, were filed with the U.S. Court of Appeals on Sept. 24, Hong Kong Exchanges and Clearing Ltd said in a filing on Thursday.
Brazilian securities-market operator BM&FBovespa SA said on Wednesday it plans to cut its 2014 spending plan to a range of 585 million to 595 million reais from 595 million to 615 million reais, the BM&FBovespa said in a securities filing on Wednesday.
BUCHAREST, Sept 24- Romania's stock exchange has cut trading fees and started easing tight regulations that had stifled foreign investors' access to the market, but more is needed for the country to gain emerging market status, its chief executive said on Wednesday.