European equities closed higher, with investor sentiment boosted by a reshuffle of the team of Greek officials that are negotiating with its creditors.» Read More
*NYSE Euronext costs fall $82 mln year-to-date. NYSE Euronext said on Tuesday it smashed its 2012 cost cut target of $63 million by taking out $82 million of expenses, a third of the $250 million the exchange has pledged to cut by 2014..
*NYSE net quarterly revenue off 21 pct to $559 mln. LONDON, Nov 6- NYSE Euronext, the world's largest stock exchange operator, reported net revenue down 21 percent to $559 million for the third quarter, citing weaker trading in the United States and Europe.
*Group of 11 countries agree to impose transactions levy* Move to impose tax criticised by industry* Regulator warns of Europe's diverse regulation By John O'Donnell.
*Regulator warns of Europe's diverse regulation. BRUSSELS, Oct 10- A plan by a group of euro zone countries to introduce a tax on financial transactions threatens to drive more trading to London from centres such as Frankfurt, exacerbating divisions in Europe as it struggles to overcome an economic crisis.
FRANKFURT, Oct 9- The DAX top-30 index looked set to open 0.3 percent higher on Tuesday, according to premarket data from brokerage Lang& Schwarz at 0619 GMT. Related news DEUTSCHE BANK, COMMERZBANK Deutsche Bank indicated 0.3 percent higher Commerzbank indicated unchanged.
VIENNA, Oct 9- Vienna's stock exchange said on Tuesday it feared losing even more trade as a result of a tax on financial transactions set to be introduced in Austria and some other euro zone countries.
FRANKFURT, Oct 8- Deutsche BÃ¶ rse:. *Says buys back corporate bonds totalling 309 million EUR. bond concluded on October 5.
*Britain to adopt similar moves sooner. BRUSSELS, Oct 8- The European Commission may draw up rules for rescuing and closing down failing clearing houses and insurers, as regulators across the world seek to prevent collapsed businesses from wreaking havoc in financial markets.
LONDON, Oct 5- Traders found guilty of rigging Libor and other financial market benchmarks would face jail from next year under a cross-party deal to be voted through next Tuesday in the European Parliament.
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.