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Diversified Financial Services Specialized Finance

  • Nov 14- Transatlantic exchange operator Nasdaq Inc on Monday named Adena Friedman as its chief executive officer, replacing Bob Greifeld who will become the chairman.

  • NEW YORK, Nov 14- IEX Group, operator of the newest U.S. stock exchange, on Monday said it hired former Morgan Stanley executive Sara Furber to help it challenge Nasdaq Inc and Intercontinental Exchange Inc's New York Stock Exchange for corporate listings. The New York- based company, which was featured in Michael Lewis' book "Flash Boys: A Wall Street Revolt," has been...

  • Nov 10- Phupinder Gill, chief executive of CME Group Inc since 2012, will retire at year's end, the world's largest futures market operator said in a statement on Thursday. Executive Chairman Terrence Duffy has taken on the additional role of CEO, and Bryan Durkin, chief commercial officer currently, was made president of the company. Malaysia- born, Singapore-...

  • Nov 10- The holding company for Chicago Mercantile Exchange Inc CME Group Inc said Chief Executive Phupinder Gill informed the board that he would retire at the end of this year. Chairman Terry Duffy will take up the additional role of CEO after Gill leaves, the company said. Gill was named CEO in 2012..

  • NEW YORK, Nov 9- Banks, stock exchanges and brokers enjoyed a surge in trading volumes on Wednesday after a surprise victory for Republican presidential candidate Donald Trump sent investors scrambling to reposition their portfolios. The surge in trading, which spanned equities, foreign exchange and bonds, was a boon for banks' trading arms, which beat...

  • NEW YORK, Nov 9- Banks, stock exchanges and brokers enjoyed a surge in trading volumes on Wednesday after a surprise victory for Republican presidential candidate Donald Trump sent investors scrambling to reposition their portfolios. The surge in trading, which spanned equities, foreign exchange and bonds, was a boon for banks' trading arms, which beat...

  • SAO PAULO, Nov 9- Brazil's antitrust watchdog Cade has approved a plan by the nation's five biggest commercial banks to set up a credit research company to gather information on borrowers' bill-paying history, conditional to a series of requirements. In a statement, Brasilia- based Cade said the approval of the initiative to create a so-called credit bureau...

  • 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.

  • The case for merging the London and German stock exchanges has strengthened since the Brexit vote, a Bundesbank board member said on Wednesday.