NEW YORK, Jan 16- Exchange operator BATS Global Markets is in discussions to buy institutional foreign exchange trading platform Hotspot from KCG Holdings Inc for nearly $400 million, three sources close to the situation said on Friday. The $5 trillion- a-day foreign exchange market has been the focus of a probe by regulators in Britain following allegations...» Read More
The hardware failure impacted data feeds for about half an hour at the NYSE Group's primary data center in Mahwah, New Jersey, forcing the unit of Intercontinental Exchange Inc to switch to its back-up recovery center in Chicago. The processing of quotes and trade reports resumed at Mahwah on Friday, said NYSE spokesman Eric Ryan. The operating and advisory...
NEW YORK, Oct 31- A divided U.S. appeals court rejected UBS AG's bid to force Nasdaq OMX Group Inc to arbitrate a dispute over the exchange operator's alleged "catastrophic mismanagement" of Facebook Inc's $16 billion initial public offering. The 2nd U.S. Circuit Court of Appeals in New York on Friday said UBS' agreement with Nasdaq to help make a market for Facebook...
Market pros Brian Kelly and Michael Crofton weigh in on the latest market moves, with Kelly calling it a "Peter Pan rally" and Crofton proclaiming victory over the bears.
Art Cashin of UBS Financial Services says Visa's strength is causing a one-man-band rally for the Dow, which is outperforming major indexes.
*Q3 adj earnings of $0.84/ shr vs estimates of $0.83. Oct 30- CME Group Inc, operator of the world's largest futures market, reported a 22.5 percent rise in quarterly profit, helped by strong trading volumes. CME, the owner of the Chicago Board of Trade and Chicago Mercantile Exchange, said average daily trading volume rose 12 percent to 13.5 million contracts per day...
Art Cashin of UBS Financial Services says stocks moved in usual fashion going in to and following the Federal Reserve's 2 p.m. ET statement.
Art Cashin of UBS Financial Services says that if oil falls back below $80 it could put pressure on stocks.
NEW YORK, Oct 24- Transatlantic exchange operator Nasdaq OMX Group Inc on Friday reported a higher third-quarter profit, as lower expenses helped offset a decline in revenues driven in part by the impact of foreign exchange rates. Net income attributable to Nasdaq totaled $123 million, or 71 cents per share, up from $113 million, or 66 cents per share, a year earlier.
Art Cashin of UBS Financial Services said earnings, global manufacturing data, higher oil prices and eased terror concerns jolt stocks.
The S&P sectors leading the market rebound are the same groups that led the decline: Materials, energy and industrials.
Art Cashin of UBS Financial Services says oil above $82 is supportive of the market, helping major averages recover from last week's whipsaw action.
Art Cashin of UBS Financial Services says markets are trying to decide if IBM's earnings miss is an omen for earnings season or an isolated case.
NEW YORK, Oct 17- A slowdown in stock quote updates to the trading platform of OTC Markets on Friday led brokerage watchdog the Financial Industry Regulatory Authority to halt trading for almost two hours. OTC Markets is a marketplace for about 10,000 securities, some of them foreign, that are not listed on the New York Stock Exchange or Nasdaq.
Art Cashin of UBS Financial Services warns if WTI oil falls below $80, the stock market selloff could worsen.
Stocks went on a wild ride Wednesday, with the Dow plummeting 400 points in the early afternoon. CNBC asked top market watchers whether they thought the market was near the end of the ongoing selloff.
Intel shares dipped after Reuters sent out a false earnings alert a few hours before the tech firm was scheduled to report its quarterly results.
Oct 14- JPMorgan Chase and Co's quarterly results surfaced more than three hours before schedule on Shareholder.com, Nasdaq OMX Group Inc's investor-communications company. **Oct. 15, 2013- Citigroup Inc's third-quarter results were released early as Bloomberg News broke an embargo, forcing the bank to pull forward the release of its statement.
NEW YORK, Oct 14- JPMorgan Chase& Co's third-quarter results were released hours ahead of schedule on Tuesday morning because of a "human error" at an external vendor that manages its investor relations website, the vendor said in a statement. The vendor, Shareholder.com, which is owned by Nasdaq OMX Group Inc, mistakenly published one of JPMorgan's earnings...
JPMorgan Chase surprised Wall Street when the bank's third-quarter earnings report appeared several hours earlier than expected.
Art Cashin of UBS Financial Services says the global growth picture is not very bright, and that's dragging down major indexes around the world.