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NEW YORK, Oct 15- With IntercontinentalExchange's more than $10 billion takeover of NYSE Euronext expected to close early next month, regulators in the Netherlands and France are scrambling to prevent Euronext from once more falling into foreign hands, according to several sources familiar with the situation.
*NYSE Euronext's global HR head will also quit. Oct 15- NYSE Euronext said Chief Financial Officer Michael Geltzeiler and General Counsel John Halvey will leave the company shortly after its sale to IntercontinentalExchange Inc.. Shares of NYSE Euronext closed at $44.49 on the New York Stock Exchange on Monday.
Oct 15- NYSE Euronext said its chief financial officer Michael Geltzeiler and two other executives will leave the company shortly after the closing of its proposed merger with IntercontinentalExchange Inc.. John Halvey, NYSE's general counsel, and Philippe Duranton, the global head of human resources, will also depart.
NEW YORK, Oct 2- IntercontinentalExchange Inc and NYSE Euronext said on Wednesday they moved a step closer to ICE finalizing its proposed takeover of the Big Board operator after a European regulatory group said it would not object to the deal.
*DFM shares soar 15 pct; Dubai's index hits 5- yr high. *J.P. Morgan, First Gulf Bank, Citigroup chosen as advisers. ABU DHABI/ DUBAI, Oct 2- Abu Dhabi and Dubai have hired banks to advise on a possible merger of their two main stock exchanges, a state-backed deal that could energise financial markets in the United Arab Emirates, sources familiar with the plan said.
Sept 20- For more than two years, a recurring question has gnawed at the board of Nasdaq OMX Group Inc: If Chief Executive Bob Greifeld were to leave, who would step into his shoes?
NYSE Euronext and CME Group, the two US exchange groups, have submitted bids for the London Metal Exchange, valuing it at up to £1 billion and kicking off a contest for the commodities business, according to people familiar with the matter. The FT reports.
High-frequency trading should not be broadly categorized as one strategy, Dick Grasso, the former chairman and CEO of the New York Stock Exchange, told CNBC Monday.
Crude raced higher Tuesday as energy bulls pushed Nymex oil back toward the $100-a-barrel mark, prices last seen before world governments said they would release crude from their reserves last month.
Jimmy Dunne, senior managing principal of Sandler O'Neill, favors NYSE Euronext's merger with Deutsche Boerse over the hostile offer made by Nasdaq and ICE, he told CNBC Thursday.
Two-plus months into the war waged over the New York Stock Exchange, and the participants are gearing up for a key battle: what to call it.
CNBC's David Faber has details on the NYSE Euronext board's unanimous decision to reject Nasdaq & ICE's acquisition offer.
Nasdaq OMX Group has said it would consider selling NYSE Euronext’s American Stock Exchange division if it would help smooth its acquisition of the NYSE Euronext, the Wall Street Journal reported, citing people familiar with the matter.
Low market volumes and stiff competition have led to a sharp fall in “high-frequency” trading as industry experts warn that the past two years of rapid growth may be coming to a halt, reports the Financial Times.
It was a major blow for the Singapore Stock Exchange. Its courtship for its Australian counterpart, the Australian Stock Exchange, came to an abrupt end when the Australian government rejected the deal last week saying it was not in Australia's national interests. SGX was left standing alone at the altar.
The NYSE reaffirms its agreement with Deutsche Boerse and rejects the Nasdaq/ICE bid, mostly due to anti-trust considerations, reports CNBC's David Faber.
Budget deal accepted, NYSE bid rejected and British banks relocated? Here's what we're watching…
The somewhat improbable, though long-awaited bid from Nasdaq and ICE came Friday with the desired effect. It sent shares of the NYSE up sharply (not to mention shares of the Nasdaq) and has changed the dynamic. Anyone expecting a swift resolution of this contest, however, is likely to be disappointed.
Three days after they unveiled their deal to merge, there are no shortage of conversations taking place amongst competitors of the NYSE Euronext/Deutsche Boerse about whether such a deal can be broken up through a higher bid for the NYSE.