NEW YORK, April 18- Dozens of the largest U.S. stock exchanges, brokerages and high-frequency trading firms were hit with a class action lawsuit by the capital of the state of Rhode Island, accusing them of manipulating the U.S. securities markets.» Read More
WASHINGTON, Oct 25- The total value of the claims that market makers can recover after suffering losses due to Nasdaq OMX Group Inc's botched handling of Facebook Inc's initial public offering is $41.6 million, the exchange operator said Friday.
SINGAPORE, Oct 24- Singapore's central bank and stock market operator are conducting an extensive review of recent share price volatility in three inter-linked Singapore companies, which wiped out billions of dollars in combined market value from the firms.
SINGAPORE, Oct 24- Singapore's central bank said it is conducting an extensive review with Singapore Exchange Ltd of recent share price volatility in three inter-linked Singapore companies, but said the operations and financial positions of broking firms exposed to those stocks remain sound.
Oct 23- U.S.-based exchange operators BATS Global Markets and Direct Edge said on Wednesday their proposed merger has been cleared by the U.S. Department of Justice. The companies, which together would represent the No. 2 U.S. equities exchange, said they will now focus on earning approval from the U.S. Securities and Exchange Commission.
Oct 23- Transatlantic exchange operator Nasdaq OMX Group on Wednesday reported a higher third-quarter profit that beat analysts' expectations, helped by recent acquisitions and increased market data revenue.
Oct 22- Standard& Poor's owner, McGraw Hill Financial Inc, reported a higher-than-expected 56 percent jump in quarterly profit due to strong growth at the rating agency and S&P Dow Jones indices.
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.
Nasdaq OMX Group said it will form a joint venture with SharesPost to establish a marketplace for private companies. The stock exchange operator will retain a majority stake in Nasdaq Private Market.
Shares in credit rating agency Moody's fell sharply on Friday as it faces a possible federal fraud lawsuit over its pre-crisis debt ratings.
The U.S. must do more than the recently passed "fiscal cliff" measures if the country is to rescue its Aaa debt rating from its current negative outlook, rating agency Moody's Investors Service said on Wednesday.