CBOE won a long-running court battle to prevent rival International Securities Exchange from listing options on two key stock market indexes.» Read More
ICE has proposed a deal that would value NYSE at $33 per share, a 37 percent premium to its closing price on Wednesday, and would be funded one-third by cash and the rest in stock, CNBC said. At the close of trading on Wednesday, NYSE was worth about $5.8 billion, indicating that ICE may be willing to pay roughly $8 billion for the Big Board operator.
Dec 12- CBOE Holdings Inc Chief Executive William Brodsky, who transformed the member-owned exchange into a publicly-traded company best known as the home of Wall Street's favorite fear index, will step down in May.
Shares of JC Penney are popping today despite a cautious note from JPMorgan on the stock, with the FMHR traders.
Some of the names on the move ahead of the open.
CHICAGO, Dec 7- Long-derided as unsuitable for sophisticated futures markets, insurance is getting a surge of attention heading into the new year as the industry works to patch itself up after the stunning collapse of brokerage MF Global in 2011..
*Apple ranking drops to No.6 in China smartphone market. NEW YORK, Dec 6- Wall Street was set to slightly dip at the open on Thursday in what could be another choppy session as the progress of fiscal negotiations in Washington continues to determine the market's fate.
NEW YORK, Dec 6- U.S. stock index futures were little changed on Thursday in what could be another choppy session as the progress of fiscal negotiations in Washington continues to determine the market's fate.
These include Winton Capital, one of the world's largest with $29 billion of assets, and Cantab Capital with $4.5 billion. Cambridge- based quantitative fund Cantab Capital said it spent in September more than $1 million on three seats at the Chicago Mercantile Exchange, the world's largest futures market, where it puts through at least half of its trades.
Dec 5- CME Group Inc, the biggest operator of U.S. futures exchanges, boosted its available credit lines by 68 percent to $1.75 billion to meet stricter regulatory standards set forth in the Dodd-Frank Wall Street reform act.
NEW YORK, Dec 5- A group of cotton traders have joined forces to develop the first global futures contract, seeking to supplant the century-old U.S. benchmark that they say is increasingly vulnerable to price-distorting squeezes.
CHICAGO, Dec 4- Trading fell last month at CME Group Inc and IntercontinentalExchange Inc, the two biggest U.S. futures exchange operators, as smaller market swings caused investors to pull back.
Dec 3- Morgan Stanley hired former Goldman Sachs trader Edward Glenn Hadden to run its Treasury bond desk last year, even though his former employer had placed the trader on paid leave for about a year following an internal inquiry, said three people familiar with the situation.
"There is no legal or factual basis for any suggestion of market manipulation," said James Benjamin, who defended his client in response to a recent regulatory disclosure by the firm that Hadden is being investigated by CME Group Inc over a four-year-old trade.
Dec 3- Morgan Stanley trader Edward Glenn. Hadden is a managing director and head of global interest rates products at Morgan Stanley. Prior to joining Morgan Stanley, Hadden was a partner at Goldman Sachs, and head of government bond trading.
Dec 3- A CME Group Inc probe into ex- Goldman Sachs Group Inc bond trader Glenn Hadden pertains to "technical risk management activity" in 2008, a lawyer for Hadden said on Monday.
*SPDR Gold Trust holdings hit record high for second day. House Speaker John Boehner voiced optimism that Republicans could broker a pact with the White House to avoid the fiscal cliff on Wednesday. "
*SPDR Gold Trust holdings hit record high for second day. In the latest development, House Speaker John Boehner voiced optimism that Republicans could broker a pact with the White House to avoid the "fiscal cliff" on Wednesday.
CHICAGO, Nov 28- CME Group Inc, the biggest operator of U.S. futures exchanges, may pay out its special dividend early to avoid a bite from higher taxes likely next year, a top exchange official said on Wednesday.
CHICAGO, Nov 28- CME Group Inc may pay out the exchange operator's yearly dividend this year to avoid a bite from higher taxes likely next year, a top exchange official said.
Leo Melamed, Chairman & CEO, Melamed & Associates says the last thing the markets would like to see in Obama's second term is more regulation.