The Securities and Exchange Commission announced the settlement with Citigroup's LavaFlow Inc. on Friday. The settlement includes a $2.85 million penalty, the largest the SEC has imposed on an alternative trading system.» Read More
CHICAGO, Feb 7- CBOE Holdings Inc, which runs the largest U.S. stock-options market, reported a rise in quarterly profit on Friday as higher trading volumes led to more income from transaction fees. The earnings represented CBOE's "best fourth-quarter results ever," the company said.
SINGAPORE, Feb 7- Singapore's central bank and Singapore Exchange Ltd on Friday announced proposals on new trading rules. The changes proposed jointly by the Monetary Authority of Singapore and Singapore Exchange are listed below.
MUMBAI, Feb 7- The Indian Commodity Exchange is set to fold due to plummetting trading volume as a result of the government's failure to liberalise and investors retreat from futures markets after a major financial scandal at another exchange last year.
Feb 6- Exchange operator BATS Global Markets said on Thursday it would outsource part of the surveillance of its four U.S. stock markets to the Financial Industry Regulatory Authority, expanding the industry-funded watchdog's oversight to nearly all equities markets.
Feb 6- BATS Global Markets Inc said Financial Industry Regulatory Authority, the self-regulatory arm of the brokerage industry, will provide cross-market surveillance services to BATS' four stock exchanges. Following the agreement with BATS, FINRA will now conduct surveillance across 99 percent of the market for U.S. listed equities.
TORONTO, Feb 5- TMX Group Ltd, the owner of Canada's main stock exchange, on Wednesday reported a fourth-quarter profit well above analysts' estimates as trading activity showed early signs of recovery.
Net income attributable to Nasdaq totaled $141 million, or 81 cents per share, up from $85 million, or 50 cents per share, a year earlier. Not including one-time items, the New York- based company earned 69 cents per share, topping the consensus of analysts by 2 cents, according to Thomson Reuters I/B/E/S.
Feb 5- TMX Group Ltd, the owner of Canada's main stock exchange, reported a fourth-quarter profit that comfortably beat analysts' estimate as trading activity improved.
Feb 5- TMX Group Ltd, the owner of Canada's main stock exchange, reported a 27 percent rise in fourth-quarter net profit as trading activity gained momentum. Net profit attributable to the company's equity holders rose to C $41.4 million, or 77 Canadian cents per share, from C $32.6 million, or 61 Canadian cents per share.
CHICAGO, Feb 4- Exchange-operator CME Group Inc reported higher quarterly earnings on Tuesday as trading in its flagship interest rate contracts surged 29 percent.
CHICAGO, Feb 4- Exchange operator CME Group Inc reported higher quarterly earnings on Tuesday as trading in its flagship interest rate contracts surged 29 percent. The quarterly profit still fell short of analysts' expectations amid a drop in the average fee paid per contract to CME, which owns the Chicago Board of Trade and Chicago Mercantile Exchange.
CHICAGO, Feb 4- CME Group Inc reported higher quarterly earnings on Tuesday as the exchange operator's average daily trading volume rose 11 percent from a year earlier. Net profit in the fourth quarter rose to $193.1 million, or 58 cents a share, from $166.8 million a year earlier, or 50 cents a share. Revenue increased to $687 million from $660.9 million.
CHICAGO, Feb 3- CME Group Inc has asked a U.S. judge to toss out charges brought by regulators alleging that the exchange operator is liable for two former employees accused of leaking details on clients' trades.
The Financial Industry Regulatory Authority was granted approval last week from the U.S. Securities and Exchange Commission to obtain information on "dark pools," which are private trading venues, and other alternative trading systems, according to a regulatory filing.
Federal prosecutors in New York announced charges against Charlie Shrem and Robert Faiella, both operators of bitcoin exchange businesses, for attempting to sell $1 million in the digital currency to users of the underground black market website Silk Road, which was shut down by authorities in September.
NEW YORK, Jan 27- U.S. prosecutors on Monday announced charges against two men operating Bitcoin exchange businesses for attempting to sell $1 million in the digital currency to users of the underground black market website Silk Road, which was shut down by authorities in September.
CME Group said one of its clearing systems was hacked in July and the incident is the subject of a federal criminal investigation.
Goldman Sachs experienced a trading glitch that caused a huge batch of erroneous trades Tuesday. Many may be canceled but the snafu could still cost Goldman upwards of $100 million.
CBOE won a long-running court battle to prevent rival International Securities Exchange from listing options on two key stock market indexes.
After suffering steep losses in one fund, the Yucaipa Companies, the money management firm run by the billionaire Ronald W. Burkle, has cut fees for investors in the portfolio, The New York Times reports.