The exchanges also will be required to notify the SEC about problems, including any systems that are compromised by hacking. The SEC action follows a series of technical disruptions in recent years— notably the "flash crash" of May 2010— that regulators say shook investors' confidence in the markets. "Failures must be minimized and, when they occur, they must be...» Read More
Stocks pared the worst losses of the day, although remain sharply lower, as the worsening nuclear crisis in Japan prompted investors to sell stocks across the globe and move into safer investments. GE and Intel led the blue-chip index lower.
The changing face of trading will drive additional mergers between various global market exchanges, H. Rodgin Cohen, chairman of Sullivan & Cromwell, told CNBC.
London Stock Exchange Group is considering making a takeover bid for Nasdaq OMX Group later this year, the Sunday Times reported, continuing the rapid consolidation of the world's major stock markets.
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
See what's happening, who's talking and what will be making headlines on Tuesday's Squawk on the Street.
Billionaire businessman Wayne Huizenga expects the stock market to rise between 5 percent and 10 percent over the next 12 months, he told CNBC Friday.
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.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.
Natural gas continues to be a structurally oversupplied market. As a result rebalancing the supply and demand equations can be very difficult, Robert Raymond, principal and founder of RCH Energy, told CNBC’s on Thursday.
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The Nasdaq OMX Group is reassessing its strategy following the NYSE/Deutsche Boerse deal, and it won't "sit on the sidelines" as the latest round of consolidation in the industry heats up, a source told CNBC.
CNBC has confirmed that the board will consist of 17 members—10 of which will come from the Deutsche Borse, seven of which will come from NYSE Euronext.