*Shares of sole Brazil exchange BM&FBovespa sink 3.5 pct. SAO PAULO, June 19- American Trading Systems Brasil has requested permission to open a financial exchange in Brazil that would compete against the Bovespa stock market, and is in advanced talks with potential partners to help fund the new enterprise.» Read More
NEW YORK, Dec 24- A pension fund that holds shares in NYSE Euronext has sued the exchange operator over its proposed $8.2 billion sale to IntercontinentalExchange Inc, saying the deal undervalues the company's stock.
CNBC's David Faber digs deep into the M&A deal between IntercontinentalExchange and NYSE Euronext.
"We want to spring-load this company," said Jeffrey Sprecher, IntercontinentalExchange CEO, discussing the terms of the cash and stock deal between the two exchanges, with Duncan Niederauer, NYSE Euronext CEO. There's a lot of cash sitting on the sidelines, Sprecher added.
Stock exchange operator Nasdaq OMX is cancelling a series of premarket trades that resulted in wild price swings in a number of stocks including Citigroup and Hewlett-Packard, the exchange said.
Ian Axe, CEO, LCH.Clearnet explains the role of clearing houses amid growing regulation in the financial sector. He says they are like insurance companies for exchanges with regards to their trades and financial products.
PATRICK LEGLAND, Global Head of Research, Societe Generale says there is a structural change under way in exchanges as market volumes have fallen and people have moved to dark pools.
Chris Fix, CEO, Dubai Mercantile Exchange tells CNBC why his company is planning to expand their efforts in Asia. He adds that China holds huge growth potential for the DME.
Larry Kudlow along with top traders Jim Iurio and Jim Lacamp look at how to put money to work as the calendar flips to November.
William O'Brien, CEO of Direct Edge, explains what the two-day shutdown of trading meant for his business.
Dennis Kelleher, CEO of Better Markets, says the initial decision to just close the NYSE floor shows the NYSE is a "dinosaur."
The NYSE and other exchanges will stay closed tomorrow, reports CNBC's Bob Pisani.
Government bailouts of big banks are here to stay and are bad for economies because they channel capital to uncompetitive industries and sustain high levels of debt, according to economist Garett Jones.
Chinese financial officials have started a global roadshow to persuade foreigners to invest in the country’s stock market, a highly unusual move that reflects concerns that investors are turning their backs on China as its economy slows. The FT reports.
U.S. investors who've been cringing over the Chinese and Brazilian stock markets the past few years might have looked closer to home for an emerging market.
Investors looking to sample Mexico will find a limited number of ADRs, but many open-ended mutual funds and exchange traded funds.
Vasu Menon, Vice President, Wealth Management Singapore at OCBC Bank says that current rental income is supporting Singapore's commercial property REITs.
Neil Katkov, SVP, Asia Research,Senior Vice President, Head of Asia, Celent notes exchanges are exploring more options to consolidate due to a competitive landscape, evolving trading environments.
Rumors of yet another possible cross-border merger between two stock exchanges gathered pace on Friday, after a British newspaper reported that Singapore and London bourses are in takeover talks. Still, most analysts believe a deal is unlikely to materialize, because the benefits of a tie-up are simply not compelling.
Zhiwei Zhang, Chief China Economist, Nomura says that the People's Bank of China's surprise rate cut could be a hint that economic data expected next week will be weak.
Philippine stocks, the best performers in Asia this year, have gained more than 22 percent in 2012, but the market is now looking expensive compared to Southeast Asian peers, and analysts say it may be particularly vulnerable to capital outflows should the global economy deteriorate further.