A class action lawsuit accuses banks of conspiring to limit competition in the $320 trillion market for interest rate swaps.
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.
Major U.S. stock exchanges and Barclays won the dismissal of litigation in which pension funds and other investors accused them of rigging markets.
S&P credit rating agency on Thursday downgraded Chicago's general obligation bonds to A- from A+.
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.
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 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.
CBOE won a long-running court battle to prevent rival International Securities Exchange from listing options on two key stock market indexes.
After suffering steep losses in one fund, the Yucaipa Companies, the money management firm run by the billionaire Ronald W. Burkle, has cut fees for investors in the portfolio, The New York Times reports.
Nasdaq OMX Group said it will form a joint venture with SharesPost to establish a marketplace for private companies. The stock exchange operator will retain a majority stake in Nasdaq Private Market.
Shares in credit rating agency Moody's fell sharply on Friday as it faces a possible federal fraud lawsuit over its pre-crisis debt ratings.
The U.S. must do more than the recently passed "fiscal cliff" measures if the country is to rescue its Aaa debt rating from its current negative outlook, rating agency Moody's Investors Service said on Wednesday.