Bill Ackman's Pershing Square Holdings will begin trading on Amsterdam's Euronext market October 13th. CNBC's Kate Kelly reports Ackman will use a dual-class share structure in which management would theoretically have a voting advantage.» Read More
Aug 7- Intercontinental Exchange Inc on Thursday reported higher second-quarter earnings as the exchange and clearing house operator worked to integrate its $11 billion purchase of the New York Stock Exchange's parent company.
PARIS, Aug 7- Exchange operator Euronext posted a 4.6 percent increase in quarterly operating profit on Thursday, boosted by cost cutting and a rise in stock market listings, and said it would accelerate its cost-savings plan.
LONDON, July 13- The regulatory noose is tightening around dark pools, private share-trading venues that promise anonymity for specialist investors, offering a chance for rival exchanges in the United States and Europe to take back market share.
NEW YORK, June 16- Nasdaq OMX Group Inc lured back former Chief Financial Officer Adena Friedman as co-president with the understanding that she will succeed Chief Executive Bob Greifeld, possibly as soon as next year, sources familiar with the matter said.
PARIS, June 10- Stock market operator Euronext aims to raise between 880 million euros and 1.158 billion euros in an initial public offering, it said on Tuesday, valuing it at up to 1.75 billion euros. Euronext said it expected its IPO to be priced at 19- 25 euros per share.
LONDON, June 4- Euronext's London market has been approved as a full exchange by Britain's financial regulator, putting it on a level footing with rivals such as the London Stock Exchange Group and BATS Chi-X Europe.
June 3- IntercontinentalExchange Inc plans to eliminate at least 15 order types from the New York Stock Exchange in order to help simplify the structure of the market, an executive of the exchange operator said on Tuesday.
Euronext listing in Paris, Amsterdam, Brussels at first. The U.S. group had always intended to spin-off Euronext after its $11 billion deal last year to take over NYSE Euronext, which gave it control of the New York Stock Exchange.
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.
*Group includes BNP, SocGen, Caisse des Depots, ING, ABN Amro, Banco Espirito Santo.
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.
Contrary to popular belief, high frequency trading reduces volatility in stock markets rather than exacerbates it, according to new research by Professor Alex Frino at the University of Sydney Business School and CEO of Capital Markets Co-operative Research Centre.
Deal-making by both the London Stock Exchange (LSE) and Nasdaq-OMX hit snags this week on concerns over sovereignty and competition, leaving room for speculation that Nasdaq will now bid for the LSE.
The merger deal between NYSE Euronext and Deutsche Boerse, creating the world's largest exchange operator, is likely to have multiple levels of cultural challenges, Rodgin Cohen, senior chairman Sullivan & Cromwell, told CNBC on Tuesday.