Diversified Financial Services Specialized Finance

  • LONDON, May 11- British police seized checks for $22 million related to a suspected Russian organized crime scam that used the London futures market to launder cash through two Russian companies, a Swiss firm and a British Virgin Islands investment group. After a four-month investigation by police and exchanges operator Intercontinental Exchange Inc, City...

  • HONG KONG, May 10- Debt owed by China's state-owned enterprises is higher than in any other rated nation and failure to curb risks from these liabilities would curb growth, lower credit availability and ultimately lead to state support, Moody's said on Tuesday. In a report, the credit rating agencies said SOE liabilities stood at 115 percent of gross domestic...

  • BUDAPEST, May 5- The Polish zloty eased on Thursday, unlike other currencies in Central Europe which made slight gains, on fears that government spending plans and other political measures could prompt a Moody's rating downgrade. In January, rating agency S&P downgraded Poland's credit rating, saying the ruling conservative government had weakened the...

  • May 4- London Stock Exchange Group Plc. *ICE has been provided with information and had access to management under rule 20.2 of UK takeover code. *Board of LSEG notes announcement made by ICE.

  • LONDON/ BENGALURU, May 4- The New York Stock Exchange's owner shelved plans on Wednesday to gatecrash a merger between London Stock Exchange Group Plc and its German counterpart, saying it no longer intended to stage a rival bid for the British bourse. Intercontinental Exchange Inc's CEO Jeffrey Sprecher accused the London exchange of failing to respond to the...

  • LONDON/ BENGALURU, May 4- The New York Stock Exchange's owner shelved plans on Wednesday to gatecrash a merger between London Stock Exchange Group Plc and its German counterpart, saying it no longer intended to stage a rival bid for the British bourse. Intercontinental Exchange Inc's CEO Jeffrey Sprecher accused the London exchange of failing to respond to the...

  • LONDON, May 4- U.S. exchange and clearing house operator Intercontinental Exchange Inc said on Wednesday it did not intend to make a rival offer for London Stock Exchange Group Plc, which has agreed to merge with German peer Deutsche Boerse. However there were concerns about whether European regulators would have approved such a deal, and how attractive the...

  • LONDON, May 4- Exchange and clearing house operator Intercontinental Exchange Inc said on Wednesday it did not intend to make an offer for London Stock Exchange Group Plc, which has agreed to merge with German peer Deutsche Boerse. "Following due diligence on the information made available, ICE determined that there was insufficient engagement to confirm the...

  • ICE, which owns the New York Stock Exchange, will soon launch a real-time pricing index for bitcoin, after it began publishing settlement prices in May 2015, said Dwijen Gandhi, head of indexes for the NYSE, in a statement. The NYSE also is evaluating the inclusion of data from a number of exchanges for its settlement price, which was initially based only on...

  • LONDON, May 2- London Stock Exchange Group and Deutsche Boerse may have to delay a vote on their proposed merger until after Britain's EU referendum, handing more time to Intercontinental Exchange to decide whether to make a counter-bid for the British bourse. ICE would have to file any counterbid seven days before that meeting- with Britain's future in the...

  • FRANKFURT, April 29- German exchange operator Deutsche Boerse has retracted comments by two senior executives about its planned $30 billion merger with LSE Group at the request of the British takeover authority. The retractions highlight the need for the two exchanges to tread carefully while they work to obtain approvals for their merger against the...

  • CHICAGO, April 29- Chicago Board of Trade soybean futures weakened on Friday, weighed down by some end-of-month profit-taking as well as signs that supplies on the cash market remained ample, traders said. CME Group on Thursday evening reported 527 deliveries against the expiring CBOT May soybean contract. At 10:50 a.m. CDT, CBOT July soybeans were down 1-1/ 2...

  • The company, which owns the Chicago Board Options Exchange, said net income allocated to common shareholders rose to $49.2 million, or 60 cents per share, for the quarter ended March 31. That compared with $42.1 million, or 50 cents per share, a year earlier. Excluding items, the company earned 61 cents per share, narrowly missing the average analysts' estimate of 62...

  • CBOE, which owns the Chicago Board Options Exchange, said net income allocated to common shareholders rose to $49.2 million, or 60 cents per share, for the quarter ended March 31, from $42.1 million, or 50 cents per share, a year ago.

  • CHICAGO, April 28- Two futures traders in the United Arab Emirates banned from U.S. commodity markets last month for the disruptive practice known as "spoofing" faced additional penalties from CME Group Inc on Thursday. The Chicago- based futures exchange operator fined traders Nasim Salim $100,000 and Heet Khara $90,000, and permanently barred both from its...

  • April 28- CME Group Inc, the world's largest futures market operator, reported an 11.3 percent rise in quarterly profit as a rout in the energy market boosted trading volume. "The solid quarterly activity was underscored by continued momentum in open interest, as we reached a record daily level of 116 million contracts in the first quarter, and open interest...

  • NEW YORK, April 27- A proposal to let U.S. stock exchanges delay order responses by less than a millisecond will likely move ahead, paving the way for "Flash Boys" heroes IEX Group to become an exchange, the head of Wall Street's self-funded watchdog said on Wednesday. "To some degree the SEC's interpretation has been criticized unfairly," Richard Ketchum, chief...

  • LONDON/ FRANKFURT, April 27- The London Stock Exchange Group and Deutsche Boerse said their planned $30 billion merger was on track and steadily winning support, despite a looming UK vote on continued membership in the European Union. The two companies have been working intensively on preparations to obtain all regulatory approvals since unveiling their...

  • NEW YORK, April 27- Nasdaq Inc may launch a new marketplace aimed at improving trading in exchange-traded funds using one of the exchange licenses from its $1.1 billion purchase of International Securities Exchange, the head of the company said on Wednesday. The acquisition of U.S. options exchange operator ISE from Deutsche Boerse AG was approved by the U.S....

  • NEW YORK, April 27- Nasdaq Inc may launch a new marketplace aimed at improving trading in exchange-traded funds using one of the exchange licenses from its $1.1 billion purchase of International Securities Exchange, the head of the company said on Wednesday. The acquisition of U.S. options exchange operator ISE from Deutsche Boerse AG was approved by the U.S....