Diversified Financial Services Specialized Finance

  • CREDIT RATING AGENCY MOODY'S SAYS TRUMP ELECTION VICTORY TO ALTER LANDSCAPE IN TRADE, HEALTHCARE, FINANCIAL REGULATION.

  • CME took emergency action to allow bigger-than-normal price swings in its interest rate futures on Election Day on Tuesday.

  • CHICAGO, Nov 7- CME Group Inc took emergency action on Monday to allow bigger-than-normal price swings in its interest rate futures on Election Day on Tuesday, as the market operator warned that the U.S. presidential vote could increase volatility. The owner of the Chicago Board of Trade and Chicago Mercantile Exchange said it will widen price fluctuation...

  • *Vast majority of FTSE 100 firms seen affected. LONDON, Nov 4- Tough new European regulations limiting the scope of "dark pools" are prompting stock exchange operators to develop equivalent systems to fill what is expected to be a gap in the equity market. The reform they aim to cater for is part of MiFID II, the second Markets in Financial Instruments Directive,...

  • LONDON, Nov 2- The European Union is considering a limit on processing euro-denominated security transactions in the United States in a sign of what Britain might face after Brexit, London Stock Exchange Group chief executive Xavier Rolet said on Wednesday. Shortly after Britain voted in June to leave the EU, French President Francois Hollande said...

  • Nov 1- Intercontinental Exchange Inc, which saw a jump in profits in the latest quarter, is evaluating opportunities to expand in Britain following the UK's vote to leave the European Union, the head of the exchange and clearing house operator said on Tuesday. The owner of the New York Stock Exchange said recent acquisitions helped drive a 12.4 percent increase...

  • MUMBAI, Nov 1- India's capital market regulator on Tuesday tightened disclosure norms for Indian credit rating agencies in a bid to boost transparency and accountability after a number of sudden sharp corporate rating changes created concern among investors. Credit rating agencies will be required to publicly provide more details of the criteria and...

  • Nov 1- Intercontinental Exchange Inc, the owner of the New York Stock Exchange, reported a 12.4 percent rise in quarterly profit as revenue from its data services business more than doubled. Net income attributable to the company rose to $344 million, or $2.86 per share, in the third quarter ended Sept. 30 from $306 million, or $2.76 per share, a year earlier.

  • Oct 31- Adient, the automotive seating and interiors company spun off from Johnson Controls International Inc, started trading on the New York Stock Exchange on Monday and ran into the downdraft buffeting other automotive stocks, despite an optimistic outlook. Adient Chairman and Chief Executive Bruce McDonald and executive vice president Byron Foster...

  • LONDON, Oct 31- The Hong Kong bourse will copy the iconic open outcry trading ring at the London Metal Exchange in its new spot commodity platform in mainland China, seeking to lure Chinese producers and consumers. Qianhai, a new free trade zone near Hong Kong, will host the platform being put together by Hong Kong Exchanges and Clearing Ltd for trading metals...

  • The company, which owns the Chicago Board Options Exchange, said operating revenue fell 16.5 percent to $156.21 million. CBOE said net income allocated to common shareholders fell to $40.28 million, or 50 cents per share, in the quarter ended Sept. 30 from $67.22 million, or 81 cents per share, a year earlier. Excluding items, the company earned 58 cents per share,...

  • Chicago- based CBOE said on Friday that net income allocated to common shareholders fell to $40.28 million, or 50 cents per share, in the quarter ended Sept. 30, from $67.22 million, or 81 cents per share, a year earlier.

  • NEW DELHI/ MUMBAI, Oct 27- Tata Sons accused its former chairman, Cyrus Mistry, of making "unsubstantiated claims and malicious allegations" against the Indian conglomerate as the gloves came off in a bitter and highly public row over his sacking earlier this week. The acrimonious exchanges have prompted aides to Prime Minister Narendra Modi to urge restraint in...

  • LONDON, Oct 27- When Hong Kong Exchanges and Clearing bought the venerable London Metal Exchange in 2012, the narrative was all about China. While the purchase of the LME was all about China, it wasn't a Chinese company that was actually doing the buying. Hong Kong has its own unique history and place within China, a relationship famously dubbed "one country, two...

  • Nasdaq net income in the third quarter dropped 5.1 percent to $131 million, or 77 cents per diluted share, compared to $138 million, or 80 cents per diluted share, a year earlier, it said. The New York- based company also bought Canadian stock trading venue CXC and news distribution company Marketwired in February. Nasdaq rival Bats Global Markets is being acquired...

  • But amid the furore, Portugal's bond yields rose only slightly, allowing them to narrow the gap with German equivalents to their tightest in over six weeks. Rating agency DBRS on Friday maintained Portugal's credit rating at the lowest investment grade level with a stable outlook after months of market speculation that it could downgrade the slow-growing,...

  • But Portugal's bond yields trimmed their rises following a 1 billion euro sale of five-year bonds. Rating agency DBRS on Friday maintained Portugal's credit rating at the lowest investment grade level with a stable outlook after months of market speculation that it could downgrade the slow-growing, heavily indebted economy. Analysts caution that...

  • NEW YORK, Oct 25- Artificial intelligence programs have beaten chess masters and TV quiz show champions. Two exchange operators have announced plans to launch artificial intelligence tools for market surveillance in the coming months and officials at a Wall Street regulator tell Reuters they are not far behind. A.I. may even sniff out new types of chicanery,...

  • NEW YORK, Oct 25- Artificial intelligence programs have beaten chess masters and TV quiz show champions. Two exchange operators have announced plans to launch artificial intelligence tools for market surveillance in the coming months and officials at a Wall Street regulator tell Reuters they are not far behind. A.I. may even sniff out new types of chicanery,...

  • *Q3 revenue 376.2 mln stg vs estimates of 366.8 mln stg. LSE, which also owns Borsa Italiana, saw strong business in the third quarter as the London stock market hit record high levels and benefited from a slide in the pound since Britain's June 23 vote to leave the European Union. Shares in the exchange operator were up 0.6 percent at 2,831 pence at 1111 GMT, a modest...