A high-frequency trader going public has its skeptics, but there are at least a few reasons why the top for that industry isn't near yet.» Read More
*JPMorgan ranked top for investment banking fees. Investment banking fees totalled $74.7 billion as of Dec. 18, up from $71.3 billion in the same period in 2012, according to data from Thomson Reuters and Freeman Consulting. U.S. bank JPMorgan Chase& Co was the top ranked bank in terms of fees, raking in a total of $5.8 billion year to date.
GUANGZHOU, Dec 19- The first day's trading in what will be by far the largest carbon market in China kicked off briskly on Thursday with pricing in line with expectations, as Beijing continues its drive to slow its rapid growth of heat-trapping emissions.
*CEO says addressing technical issues to push London launch. SINGAPORE, Dec 5- CME Group says the delayed launch of its first overseas bourse could come in London in the first quarter of 2014, as the top U.S. futures market operator intensifies its focus on overseas growth.
Asia has long been the fastest growing demand region for the raw materials to power economic growth, but has mostly priced the purchases against benchmarks like Brent crude, London Metal Exchange copper or New York cotton.
*China manufacturing PMI at 18- month high. NEW YORK, Dec 2- Brent crude jumped on Monday and hit its highest price since September, boosted early by strong manufacturing data from China and the United States, then rising further on reports that several Russian cargo cancellations had tightened supply.
*Exchanges tackle rule-writing after meeting SEC's 60- day deadline. NEW YORK, Nov 26- U.S. security exchanges are feverishly working in the wake of August's Nasdaq trading halt to reinforce a market that too frequently seems to succumb to technology glitches, but these efforts are unlikely to rectify all the weak spots.
NEW YORK, Nov 25- The Depository Trust& Clearing Corp, which processes all U.S. stock transactions, said on Monday it will roll out a market-wide tool to help limit the fallout from trading errors.
NEW YORK/ MUMBAI, Nov 19- IntercontinentalExchange Group said on Tuesday it would buy the Singapore Mercantile Exchange in a $150 million deal that gives it a foothold in trading and clearing in Asia, the main engine of growth for the commodities market.
*ICE expects $500 mln in synergies from NYSE deal, up from $450 mln. NEW YORK, Nov 19- IntercontinentalExchange Group Inc said on Tuesday, less than a week after closing its $11 billion takeover of NYSE Euronext, that it plans to spin off Euronext by next summer and to wind down the Big Board parent's technology business.
IntercontinentalExchange, which last week completed its deal for NYSE Euronext, held a teleconference this morning to update investors.
Nov 18- London Stock Exchange Group, Nasdaq OMX Group Inc and Deutsche Börse AG are considering individual bids for European exchange group Euronext, the Wall Street Journal reported, citing people familiar with the discussions.
NEW YORK, Nov 14- Americas Trading System Brasil plans to open as a stock exchange in Brazil next November with partner firms to be announced within weeks, the CEO of the upstart said on Thursday.
The new boss of the New York Stock Exchange talks about the future of the trading floor.
NEW YORK, Nov 12- IntercontinentalExchange Inc's takeover of NYSE Euronext is complete and stock of the combined company will begin trading under the symbol ICE on Wednesday, said the head of ICE, an exchange and clearing house operator.
Nov 8- IntercontinentalExchange Inc said its takeover of NYSE Euronext would close on Nov. 13, after clearing final regulatory hurdles on Friday. The derivatives exchange and clearing house operator said in December it would buy the owner of the New York Stock Exchange in a deal that also gives ICE control of Liffe, Europe's No. 2 derivatives market.
Nov 8- NYSE Euronext said its more than $10 billion takeover by IntercontinentalExchange Inc is set to close on Nov. 13. The two companies now have all the regulatory approvals necessary to proceed with the closing, NYSE said in a statement on Friday.
CHICAGO/ SAN FRANCISCO, Nov 7- CME Group Inc and the IntercontinentalExchange Inc are gearing up to revisit a high-stakes battle in an obscure corner of commodities rule-making, highlighting the fallout still emerging from Washington five years after the financial crisis.
IntercontinentalExchange CEO Jeff Sprecher: NYSE deal with likely close in a few days. He also spoke on market structure.
Take a look at Tuesday's midday movers:
Nov 5- IntercontinentalExchange Inc said on Tuesday it expects to close its takeover of NYSE Euronext within days, and reported an 8 percent rise in third-quarter profit, helped by lower taxes and new clearing revenues.