NEW YORK, Nov 13- IEX Group's application to become a U.S. stock exchange does not meet industry standards and regulators should not approve the upstart trading venue's request, which lacks key details on how it's so-called' speed bump' would operate, the New York Stock Exchange has said of its rival. It aims to launch as such early next year, and would compete against...» Read More
Billionaire businessman Wayne Huizenga expects the stock market to rise between 5 percent and 10 percent over the next 12 months, he told CNBC Friday.
Three days after they unveiled their deal to merge, there are no shortage of conversations taking place amongst competitors of the NYSE Euronext/Deutsche Boerse about whether such a deal can be broken up through a higher bid for the NYSE.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.
Natural gas continues to be a structurally oversupplied market. As a result rebalancing the supply and demand equations can be very difficult, Robert Raymond, principal and founder of RCH Energy, told CNBC’s on Thursday.
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The Nasdaq OMX Group is reassessing its strategy following the NYSE/Deutsche Boerse deal, and it won't "sit on the sidelines" as the latest round of consolidation in the industry heats up, a source told CNBC.
CNBC has confirmed that the board will consist of 17 members—10 of which will come from the Deutsche Borse, seven of which will come from NYSE Euronext.