Diversified Financial Services Specialized Finance

  • CHICAGO, Nov 30- CME Group Inc will set a monthly record for trading volumes in November, a top executive said on Wednesday, as U.S. Three of CME's top 10 trading days for volumes have occurred since Trump's election on Nov. 8, and volumes have been averaging more than 20 million contracts per day, said John Pietrowicz, CME's chief financial officer, on a webcast of a JP...

  • FRANKFURT, Nov 30- Innogy, Germany's largest energy group, plans to spend the 2 billion euros it raised last month in a stock listing on growth projects rather than big acquisitions. "The 2 billion have been budgeted for the next two to three years," Innogy Chief Executive Peter Terium said at the ICFW journalist club on Tuesday. German utility RWE listed a minority...

  • TORONTO, Nov 29- Canada's biggest stock exchange operator is committed to exploring new technologies such as blockchain despite the exit of its first chief digital officer after less than a year in the job, a senior TMX Group Ltd executive said on Tuesday. TMX runs the Toronto Stock Exchange, the TSX Venture for junior issuers and the Montreal Exchange for...

  • Nov 28- The first chief digital officer of TMX Group Ltd's Toronto Stock Exchange has left the organization to devote more time to his venture based on blockchain, the technology behind the bitcoin cryptocurrency, the executive said on Monday. Anthony Di Iorio, founder of the Bitcoin Alliance of Canada and a co-founder of Ethereum, a blockchain-based computing...

  • Anthony Di Iorio, founder of the Bitcoin Alliance of Canada and a co-founder of Ethereum, a blockchain-based computing platform, was hired by Canada's largest stock exchange in January. He left in September to focus on Jaxx, a universal "wallet" for holding cryptocurrencies and "tokens" that facilitate transactions in blockchain-based applications, Di Iorio...

  • JOHANNESBURG, Nov 26- South Africa's ruling African National Congress lashed out at debt rating agencies on Saturday, calling their references to political risk in recent reviews of the country as mischievous and unscientific. On Friday, Fitch kept the credit score of Africa's most industrialized economy one notch above junk status but changed its outlook...

  • Nov 25- Credit ratings firm Moody's Investors Service kept South Africa's sovereign rating unchanged at Baa2 on Friday, two levels above subinvestment grade, with a negative outlook. "The negative outlook on South Africa's Baa2 government bond rating reflects risks related to the implementation of structural reforms aimed at restoring confidence and...

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

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

  • The boards of the London Stock Exchange and Deutsche Boerse confirmed on Tuesday that they are discussing a potential merger.

    London Stock Exchange Group said its planned $30 billion merger with German rival Deutsche Boerse could result in 1,250 job cuts across the combined group.

  • New York's Wall Street.

    A class action lawsuit accuses banks of conspiring to limit competition in the $320 trillion market for interest rate swaps.

  • A trader signals offers in the Standard & Poor's 500 stock index futures pit at the CME Group in Chicago.

    The CME Group plans to raise transaction fees on a host of products starting Jan. 1, 2016, pending regulatory approval, the exchange said on Monday.

  • Traders work on the floor of the New York Stock Exchange.

    Major U.S. stock exchanges and Barclays won the dismissal of litigation in which pension funds and other investors accused them of rigging markets.

  • Chicago

    S&P credit rating agency on Thursday downgraded Chicago's general obligation bonds to A- from A+.

  • Shares of Facebook fell below the $38 offer price in the second trading day.

    In a first for a U.S. stock exchange, Nasdaq OMX Group on Thursday agreed to pay $26.5 million to settle a lawsuit involving its bungling of Facebook's IPO.

  • Stung by the loss of the IPO of Chinese e-commerce firm Alibaba, the Hong Kong stock exchange took a step towards loosening its listing rules.

  • Tech M&A deals have been 'preposterous': Pro

    Keith Fitz-Gerald, Chief Investment Strategist, Money Map Press, says he is shifting his attention away from mergers and acquisitions in the technology field to the financial sector.

  • Citadel Connect has nearly tripled in the past year, making it one of the largest U.S. dark pools—where investors can trade anonymously.

  • CME ClearPort home page

    CME Group said one of its clearing systems was hacked in July and the incident is the subject of a federal criminal investigation.

  • Goldman Sachs experienced a trading glitch that caused a huge batch of erroneous trades Tuesday. Many may be canceled but the snafu could still cost Goldman upwards of $100 million.