LONDON, Oct 4- Russian bond trading is set to become easier for the world's top investment banks under a deal cut by the Russian stock market and one of Europe's top share settlement firms.
BRUSSELS, Oct 3- European Union lawmakers should rethink their decision to bolster "monopolies" in processing vast swathes of derivatives transactions from next year, Britain said on Wednesday.
LONDON, Oct 2- European shares were set to retreat in early trading on Tuesday after strong gains in the previous session, with uncertainty over the timing of a likely aid request by Spain seen prompting investors to cut their exposure to riskier assets.
Separately, Canadian automotive group Magna International Inc may lose the contract with BMW to build the next generation of Mini cars at its Austrian plant as BMW looks to concentrate Mini production in Britain and the Netherlands. Related news BASF Indicated 0.6 percent lower.
FRANKFURT, Oct 1- Deutsche Boerse is exploring an expansion into trading currency futures contracts, a source close to the company said on Monday, mirroring a similar push by arch-rival CME Group Inc..
LONDON, Oct 1- German stock market group Deutsche Boerse expects up to 10 more corporate bond issues before the end of the year as clients seek alternatives to raising capital via a listing. German insurer Talanx is scheduled to float its shares on Deutsche Boerse on Tuesday, having covered its books last month.
Futures gained Friday amid chatter that the ECB may lend money to the IMF to provide the fund with the resources to bail out bigger euro zone sovereigns.
John Paulson has been getting a lot of attention recently — and not the good kind.
“It was black and white. There was nothing we could do to get the deal done.” Those words from an architect of Nasdaq OMX Group and IntercontinentalExchange's unsolicited bid for the NYSE Euronext after a meeting between the management of those companies and the DOJ’s anti-trust division confirmed what many had believed on the day the bid was announced (April Fool’s Day).
Jimmy Dunne, senior managing principal of Sandler O'Neill, favors NYSE Euronext's merger with Deutsche Boerse over the hostile offer made by Nasdaq and ICE, he told CNBC Thursday.
Nasdaq on Monday announced its much anticipated exchange offer for the NYSE, but it didn’t change the terms of its offer in any way…leaving many with a big yawn.
Two-plus months into the war waged over the New York Stock Exchange, and the participants are gearing up for a key battle: what to call it.
NYSE Euronext Chairman Duncan Niderauer again blasted Nasdaq's and Intercontinental Exchange's newest offer for the stock exchange company Wednesday.
The somewhat improbable, though long-awaited bid from Nasdaq and ICE came Friday with the desired effect. It sent shares of the NYSE up sharply (not to mention shares of the Nasdaq) and has changed the dynamic. Anyone expecting a swift resolution of this contest, however, is likely to be disappointed.
There’s an air of paranoia on Wall Street about today’s NYSE spacer deal with the Germans. But history suggests it’s unjustified. Inevitably, the new business unveiled today will also be shaped over time by changing needs.
The "Mad Money" host explains why these takeovers are happening and what it suggests about the market.