NEW YORK, April 21- For more than a decade, queue jumping by traders has been a big no-no in U.S. stock market, prevented in the name of fairness.» Read More
Nov 8- NYSE Euronext said its more than $10 billion takeover by IntercontinentalExchange Inc is set to close on Nov. 13. The two companies now have all the regulatory approvals necessary to proceed with the closing, NYSE said in a statement on Friday.
CHICAGO/ SAN FRANCISCO, Nov 7- CME Group Inc and the IntercontinentalExchange Inc are gearing up to revisit a high-stakes battle in an obscure corner of commodities rule-making, highlighting the fallout still emerging from Washington five years after the financial crisis.
Nov 5- IntercontinentalExchange Inc said on Tuesday it expects to close its takeover of NYSE Euronext within days, and reported an 8 percent rise in third-quarter profit, helped by lower taxes and new clearing revenues.
NEW YORK, Nov 5- IntercontinentalExchange Inc Chief Executive Jeff Sprecher said on Tuesday that he hopes ICE's more than $10 billion NYSE Euronext takeover will close within days.
NEW YORK, Oct 28- IEX Group is the latest U.S. trading platform alongside 44 other alternative trading system and 13 stock exchanges, but rather than try to blend into the current market structure, IEX says its goal is to disrupt it.
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.