Thanks to technology's rapid expansion, many traders say wearables or holograms may replace manually entering orders down the road.» Read More
WASHINGTON, July 28- Nasdaq OMX's chief urged U.S. regulators on Monday to re-examine the pricing model that stock exchanges use to attract trading, joining the debate about a fee-based incentive for traders that has come under scrutiny in recent months. New Jersey Republican Representative Scott Garrett to explore potential equity market reforms.
NEW YORK, July 22- Exchange operator BATS Global Markets said on Tuesday its president, William O'Brien, has left the company, less than six months after BATS merged with rival Direct Edge, where O'Brien had been chief executive.
*Libor to be based on transactions as much as possible. LONDON, July 22- Global regulators will implement a twin-track approach to ensuring interest rate benchmarks are less prone to manipulation, recommending safeguards to the current system as well as developing alternatives.
NEW YORK, July 17- The U.S. Securities and Exchange Commission has denied a plan by Nasdaq OMX Group Inc to offer rebates to some of the biggest customers of one of its options exchanges, based on the amount of trading they do across all three of Nasdaq's options markets.
"The evolution of our equity markets has shown that there are aspects that should be improved or corrected," said Curt Bradbury, chair of the SIFMA Board's Market Structure Task Force and chief operating officer of Stephens Inc, a financial services firm.
LONDON, July 13- The regulatory noose is tightening around dark pools, private share-trading venues that promise anonymity for specialist investors, offering a chance for rival exchanges in the United States and Europe to take back market share.
LONDON, July 9- The London Metal Exchange and technology firm Autilla teamed up on Wednesday to launch a last-minute bid to run the new global silver price benchmark in the closely fought contest to replace the 117- year old London "fix."
LONDON, July 9- The London Metal Exchange and technology firm Autilla joined forces on Wednesday to propose an electronic system for setting the global silver price benchmark as the deadline neared for replacing London's century-old silver fix.
NYSE, owned by Intercontinental Exchange Inc, said in a note to traders on Tuesday it would allow firms to test their trading software ahead of the initial public offering of Alibaba on July 12 for a listing on the New York Stock Exchange.
PARIS, June 20- Shares in Euronext started trading at 19.40 euros on Friday, 3 percent below the price set for its initial public offering, signaling investor doubts about the financial market operator's prospects as stock trading volumes remain muted. "In this context, it's hard to get excited about Euronext's business, the potential growth is tiny.
WASHINGTON, June 17- The pricing model used by U.S. stock exchanges to attract liquidity came under fire on Tuesday, as several Wall Street executives called for ending the practice and two U.S. senators raised concerns about the potential conflicts it creates.
NEW YORK, June 16- Nasdaq OMX Group Inc lured back former Chief Financial Officer Adena Friedman as co-president with the understanding that she will succeed Chief Executive Bob Greifeld, possibly as soon as next year, sources familiar with the matter said.
*Euronext says price range is 19- 25 euros/ share. *Euronext targets annual revenue growth of 5 pct. PARIS, June 10- European financial markets operator Euronext unveiled plans to raise up to 1.16 billion euros in an initial public offering valuing the firm at 1.75 billion euros and forecast a return to revenue growth over the next three years.
PARIS, June 10- Euronext said on Tuesday it aims to raise between 880 million euros and 1.158 billion euros in an initial public offering which would value the European financial markets operator at up to 1.75 billion euros.
PARIS, June 10- Stock market operator Euronext aims to raise between 880 million euros and 1.158 billion euros in an initial public offering, it said on Tuesday, valuing it at up to 1.75 billion euros. Euronext said it expected its IPO to be priced at 19- 25 euros per share.
WASHINGTON, June 5- The U.S. National Futures Association said on Thursday it would cut its fees because increased trading volume and a broader revenue base had swelled the coffers of the agency that self-regulates the futures and swaps industry.
LONDON, June 4- Euronext's London market has been approved as a full exchange by Britain's financial regulator, putting it on a level footing with rivals such as the London Stock Exchange Group and BATS Chi-X Europe.
NEW YORK, May 28- Cotton merchants are waiting months to take delivery of fiber from U.S. warehouses, tightening supplies and fueling fears the niche market is in the grip of a storage game that plunged aluminum trading into crisis.
*Prosecutor says the 3 conspired with colleagues in London. LONDON, May 27- Three ex-traders from banking group Barclays appeared in a London court on Tuesday as Britain began criminal proceedings against U.S.-based Libor traders, part of a global investigation into alleged rigging of benchmark interest rates.
Euronext listing in Paris, Amsterdam, Brussels at first. The U.S. group had always intended to spin-off Euronext after its $11 billion deal last year to take over NYSE Euronext, which gave it control of the New York Stock Exchange.