SAN FRANCISCO, May 8- CBOE Holdings Inc expects to be fined as much as $10 million to resolve a probe by federal authorities into its duties as a self-policing organization.» Read More
*CBOE shares rise to highest level since 2010 IPO. *CBOE not undervalued compared with peers- analyst. Monday's news that private equity firm Carlyle Group LP had recently approached stock exchange operator Nasdaq OMX Group Inc about going private raised the question of whether CBOE Holdings Inc might consider a similar move.
Feb 13- Nasdaq OMX Group would not gain any advantages by becoming a private company, and the exchange operator does not want to be highly leveraged, Chief Financial Officer Lee Shavel said on Wednesday, but he did not dismiss the idea outright.
NEW YORK, Feb 11- Nasdaq OMX Group recently talked with private equity firm Carlyle Group about taking the trans-Atlantic exchange operator private, but the talks broke down because of price disagreements, according to people familiar with the matter.
*Post-merger IPO to include Paris wheat and rapeseed. LONDON, Feb 8- ICE plans to spin off thriving Paris- based agricultural commodity contracts and may also have to sell London soft commodity contracts if its acquisition of NYSE Euronext goes through.
The probe, about which CBOE has revealed very few details, has cast a shadow on the mostly lustrous legacy of longtime Chief Executive Officer William Brodsky, who plans to hand the reins to President and Chief Operating Officer Ed Tilly in May.
Net income attributable to the Atlanta- based commodities exchange was $129.5 million, or $1.76 a share, in the fourth quarter, up from $126.8 million, or $1.73 a diluted share, a year earlier.
Feb 6- IntercontinentalExchange Inc, which is in the process of buying NYSE Euronext for $8.2 billion, reported a 2 percent rise in quarterly profit on Wednesday, helped by an increase in market data revenues and slightly lower expenses.
TORONTO, Feb 6- TMX Group Ltd, operator of the Toronto Stock Exchange, reported better-than-expected profit for the first full quarter since a group of Canadian financial institutions took control, even as sluggish trading and listing activity limited growth.
*NYSE to cut stakes in LCH.Clearnet, MCX. *NYSE CEO cautiously optimistic retail investors returning.
LONDON, Feb 5- NYSE Euronext has pledged to reduce costs further to offset slower trading as it prepares for this year's planned sale to IntercontinentalExchange. "We are focused on building momentum in our business prior to closing the deal with ICE, which we expect in the second half of this year," NYSE Euronext Chief Executive Duncan Niederauer said.
LONDON, Feb 5- NYSE Euronext, the exchange being bought by rival the IntercontinentalExchange, said slower trading drove fourth-quarter net revenue down 11 percent to $562 million. "The impact of lackluster trading volumes was somewhat mitigated by lower costs and lower share count," said NYSE Euronext Chief Executive Duncan Niederauer.
MIAMI BEACH, Fla., Jan 28- I ntercontinentalExchange Inc has received inquiries from rivals interested in buying NYSE Euronext's European stock exchanges once ICE completes its planned purchase of the New York- based exchange operator, ICE's chief executive said on Monday.
*NYSE CEO: Euronext may be spun off in IPO, but not sold. NEW YORK, Jan 16- Euronext, the operator of the Paris, Amsterdam, Brussels and Lisbon stock exchanges, may be spun off in an initial public offering, but it is not up for sale, the chief executive of NYSE Euronext said on Wednesday.
NEW YORK, Jan 10- The complexity of modern markets means there are bound to be more events such as the systems error that led to hundreds of thousands of trades being executed improperly on BATS Global Markets over the past four years, the head of the No. 3 U.S. equities exchange said on Thursday.
*Nasdaq OMX has said would "take a look" at Euronext. LONDON/ FRANKFURT, Jan 10- I ntercontinentalExchange would consider selling Euronext as an alternative to floating it if bids for the European stock market emerge during ICE's planned $8.2 billion takeover of NYSE Euronext, three sources close to the exchange said.
NEW YORK, Jan 7- A pilot program to limit volatility in the U.S. stock markets scheduled to be implemented next month is not likely to be rolled out until April as exchanges and financial industry groups take more time to prepare.
Brokers like ICAP and BGC Partners make around a third of their revenue from the $640 trillion industry for trading swaps- financial instruments used by companies to cover their exposure to changes in interest rates, foreign exchange rates and credit ratings.
NEW YORK, Dec 24- A pension fund that holds shares of NYSE Euronext has sued the exchange operator over its proposed $8.2 billion sale to IntercontinentalExchange Inc, saying the deal undervalues the company's stock.
NEW YORK, Dec 24- A pension fund that holds shares in NYSE Euronext has sued the exchange operator over its proposed $8.2 billion sale to IntercontinentalExchange Inc, saying the deal undervalues the company's stock.
*Takeover values NYSE Euronext at $8.2 bln. LONDON, Dec 21- IntercontinentalExchange's $8.2 billion takeover of NYSE Euronext sets the scene for a four-way battle over Europe's lucrative financial derivatives market.