NEW YORK-- The Nasdaq OMX Group saw fourth-quarter profits rise nearly four percent as a significant acceleration of corporate activity offset weaker volumes. For the three months ended Dec. 31, the company posted net income of $85 million, or 50 cents per share, compared with $82 million, or 45 cents per share, in the 2011 quarter.
*Q4 profit of 64 cents a share, minus items, beats expectations by 3 cents. NEW YORK, Jan 31- Nasdaq OMX Group reported a higher fourth-quarter profit on Thursday, as an increase in non-transaction-based revenues outweighed an industry-wide drop in trading volumes.
NEW YORK, Jan 31- Nasdaq OMX Group reported higher fourth-quarter profit on Thursday, as revenue growth in its corporate solutions, U.S. options, and U.S. proprietary data products businesses helped outweigh soft equity trading volumes.
NEW YORK-- MarketAxess Holdings, an operator of bond trading platforms, said its net income soared 77 percent to $20.5 million in the fourth quarter, thanks to more bond trading and a drop in money set aside for taxes. The company also said Wednesday that it will increase its quarterly dividend by 2 cents a share to 13 cents.
NEW YORK-- Nasdaq will combine its global data products and index businesses to better leverage the exchange operator's technology and resources. The new Global Information Service will be led by Executive Vice President John Jacobs. Shares of Nasdaq OMX Group Inc. rose 8 cents to $27.86 in afternoon trading.
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.
Ebullient stock markets have so far this month encouraged around half a dozen firms in Europe to launch plans to float, seeking to raise more than $3 billion in the first few months of the year.
*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.
*License would allow firm to set up bourse in Brazil. SAO PAULO, Jan 15- Direct Edge Holdings LLC, the fourth-largest U.S. stock exchange operator, plans to apply for a license to operate a Brazilian bourse in "a matter of weeks," a senior executive told Reuters on Tuesday.
SAO PAULO, Jan 15- Direct Edge Holdings LLC, the fourth-largest U.S. stock exchange operator, plans to apply for a license to operate a Brazilian bourse in "a matter of weeks," a senior executive told Reuters on Tuesday.
*SEC concerned about competition, risk controls. The SEC also highlighted other concerns, including the need for appropriate risk controls for the algorithmic orders, which electronically execute large stock orders over a specific time for specific securities and are generally aimed at institutional investors.
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 8- The U.S. borrowing limit should not be used as leverage by members of Congress to force the Obama administration to cut spending as there will be other opportunities to make a stand, said Robert Greifeld, chief executive of Nasdaq OMX Group.
SINGAPORE, Jan 8- Singapore Exchange Ltd said on Tuesday that it has tightened its risk management systems so it is in line to meet new global regulatory standards and make it easier for U.S. and European banks to continue to be members of its clearing houses.
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.