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...» Read More
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...
CHICAGO, Oct 14- CME Group Inc plans to cut 5 percent of its global workforce, or about 150 jobs, the world's largest futures exchange operator said on Tuesday. Most of the layoffs will come from CME's technology operations, with the rest coming from corporate and administration functions, the Chicago- based company said. CME, which owns the Chicago Board of Trade and...
NEW YORK, Oct 10- ConvergEx Group LLC is revamping its two alternative trading systems, or "dark pools," due in part to expectations of tighter industry regulations, Eric Noll, chief executive of the brokerage and trading services provider, said on Friday. Several regulators are probing how the venues operate, and New York's attorney general has filed a lawsuit...
FRANKFURT, Oct 9- German exchange operator Deutsche Boerse is set to unveil a wide-ranging cooperation with the Shanghai Stock Exchange, three sources familiar with the plans said on Thursday. An agreement setting out the arrangement could be signed as soon as Friday, along with other business deals that could involve European planemaker Airbus, when Chinese...
Western retail investors will likely have access to individual Chinese stocks when a new market-to-market link launches.
LONDON, Oct 1- Tesco said Britain's financial watchdog had started a full investigation into the company in the wake of an accounting scandal which wiped 3 billion pounds from the British grocer's stock market value last month.
NEW YORK, Sept 30- CME Group Inc's New York Mercantile Exchange must face a lawsuit brought by regulators seeking to hold it liable for the actions of two former employees accused of leaking trade details, a U.S. judge ruled on Tuesday.
TORONTO, Sept 29- TMX Group Ltd named Lou Eccleston as its new chief executive officer, the Toronto Stock Exchange operator said on Monday, after a lengthy global search to replace retiring CEO Tom Kloet. Eccleston left McGraw Hill Financial in July. Eccleston has also previously worked at Thomson Reuters Corp predecessor Thomson Financial, and at Bloomberg LP.
TORONTO, Sept 29- TMX Group Ltd named Lou Eccleston as its new chief executive officer, the Toronto Stock Exchange operator said on Monday, after a lengthy global search to replace retiring CEO Tom Kloet. Eccleston previously worked at McGraw Hill Financial, Thomson Reuters Corp predecessor Thomson Financial, and Bloomberg LP.
HONG KONG, Sept 29- Charles Li, the chief executive of the Hong Kong Exchanges and Clearing Ltd, on Monday urged pro-democracy protesters to use peaceful means within the boundaries of the law to voice their concerns.
Sept 26- Chinese e-commerce heavyweight Alibaba Group Holding Ltd's options will debut on CBOE Holdings Inc's exchanges on Monday with strike prices ranging from $75 to $100 in $5 increments, a CBOE spokeswoman said on Friday. Susquehanna Securities will be the only designated primary market maker for Alibaba's options at the CBOE, the CBOE spokeswoman said.
Sept 26- Chinese e-commerce heavyweight Alibaba Group Holding Ltd's options will debut on CBOE Holdings Inc's exchanges on Monday with strike prices ranging from $75 to $100 in $5 increments, a CBOE spokeswoman said on Friday.
LONDON, Sept 26- The London Metal Exchange, looking to boost profits, has scope for a significant hike to its trading fees whilst remaining competitive with arch U.S. rival CME Group.
The two appeals, by consumer and commercial classes of plaintiffs involved in the aluminum industry, were filed with the U.S. Court of Appeals on Sept. 24, Hong Kong Exchanges and Clearing Ltd said in a filing on Thursday.
Brazilian securities-market operator BM&FBovespa SA said on Wednesday it plans to cut its 2014 spending plan to a range of 585 million to 595 million reais from 595 million to 615 million reais, the BM&FBovespa said in a securities filing on Wednesday.
BUCHAREST, Sept 24- Romania's stock exchange has cut trading fees and started easing tight regulations that had stifled foreign investors' access to the market, but more is needed for the country to gain emerging market status, its chief executive said on Wednesday.
*Asia's interest in US LPG grows amid shale oil boom. SINGAPORE, Sept 24- CME Group is targeting raising its market share in Brent, the largest energy product traded globally, by at least a third in a move that will make the crude futures contract its third-biggest product, an executive of the bourse operator said.
LONDON, Sept 23- Recent stirrings of long-dormant financial market volatility have come in the nick of time for an industry that has been bleeding revenue and jobs for years, even though bankers doubt the secular downsizing of the trading world can be reversed.
*Exchange seeks expansion in top metals consumer China. The launch of LME Clear is a key step by LME owner Hong Kong Exchanges and Clearing Ltd to generate profits after paying $2.2 billion to buy the LME in December 2012, a price which many analysts regarded as very high.
NEW YORK, Sept 16- New York's attorney general said on Tuesday that Barclays Plc's motion to dismiss the state's lawsuit alleging the bank lied to customers about "high-frequency" trading on its private trading platform should be denied.