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Exchanges ICE

  • *CEO Rolet diversified LSEs business. LONDON, Oct 19- Xavier Rolet, chief executive of the London Stock Exchange Group, will step down at the end of next year, just under a decade after he took charge and transformed the company with a string of deals. The Frenchman, at the helm of what had been a quintessentially English club in the City of London for much of its 300- year...

  • *Bank of France says deal good for Paris financial centre. Clearing, an arcane part of the plumbing of financial markets, has become highly politicised since Britain's vote to leave the European Union in June last year. Under the deal, Euronext will swap its 2.3 percent stake in LCH Group in London for an 11.1 percent share in LCH's Paris unit, giving Euronext and its...

  • LONDON, Aug 8- Pan-European bourse Euronext said on Tuesday it would extend its contract with Britain's LCH in a surprise move that could defuse tension over where clearing of euro-denominated transactions should take place after Brexit. Euronext said the deal avoids customers facing added costs of switching from one clearing house to another at a time when...

  • Aug 3- Intercontinental Exchange Inc, which owns the New York Stock Exchange, on Thursday reported a 17 percent rise in second-quarter profit, helped by a drop in operating and transaction-based costs. Operating expenses fell 1.6 percent to $569 million in the second quarter, while transaction-based costs dropped 15.7 percent to $316 million.

  • Aug 3- Intercontinental Exchange Inc, which owns the New York Stock Exchange, on Thursday reported a 17 percent rise in second-quarter profit, helped by a reduction in operating expenses and transaction based expenses. Net income attributable to the exchange and clearing house operator rose to $418 million, or 70 cents per share, from $357 million, or 60 cents per...

  • NEW YORK, Aug 2- CME Group Inc, the world's biggest exchange operator by market value, is looking to the lucrative business of selling data to boost revenue, spawn new financial products, and change the way many futures contracts trade. But early stumbles have undercut confidence that the Chicago- based company can catch up with rivals, much less transform the...

  • LONDON, June 8- Two contenders have emerged to run London's silver benchmark- gold benchmark operator Intercontinental Exchange, which offers a model with clearing, and a flexible auction process proposed by the London Metal Exchange. It is due to announce a replacement for current operators CME Group and Thomson Reuters this summer. The LBMA said in March that...

  • LONDON, June 7- Intercontinental Exchange has substantially expanded the range of dates that its London gold futures contract can be traded, as it seeks to beat rival exchanges to gain a foothold in the city's $5 trillion- a-year bullion market. ICE launched its London gold contract in January and has moved to promote it ahead of the launch in July of a rival suite...

  • NYSE has said NYSE American will have a similar model as IEX Group's Investors' Exchange, including a 350- microsecond delay, except it will have electronic market makers with obligations to ease the trading of NYSE American-listed stocks. IEX has a market share of 2.33 percent of U.S. stock trading, while NYSE MKT has a share of 0.19 percent so far this month,...

  • May 3- Intercontinental Exchange Inc, which owns the New York Stock Exchange, said on Wednesday it has earmarked a $10 million "accrual" related to a regulatory probe into a nearly four-hour trading halt on the NYSE in July 2015, as well as other ongoing investigations. It was not known if the SEC approved the recommendation, or what the amount of any...

  • May 3- Intercontinental Exchange Inc, which owns the New York Stock Exchange, reported a rise in first-quarter earnings on Wednesday, helped by higher futures volumes and data sales. Net income attributable to the exchange and clearinghouse operator rose to $502 million, or 84 cents per share, from $369 million, or 62 cents per share, a year earlier.

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

  • Traders work on the floor of the London Metal Exchange in London, U.K.

    NYSE Euronext and CME Group, the two US exchange groups, have submitted bids for the London Metal Exchange, valuing it at up to £1 billion and kicking off a contest for the commodities business, according to people familiar with the matter. The FT reports.

  • New York Stock Exchange

    High-frequency trading should not be broadly categorized as one strategy, Dick Grasso, the former chairman and CEO of the New York Stock Exchange, told CNBC Monday.

  • IEA Oil Reserves

    Crude raced higher Tuesday as energy bulls pushed Nymex oil back toward the $100-a-barrel mark, prices last seen before world governments said they would release crude from their reserves last month.

  • New York Stock Exchange

    Jimmy Dunne, senior managing principal of Sandler O'Neill, favors NYSE Euronext's merger with Deutsche Boerse over the hostile offer made by Nasdaq and ICE, he told CNBC Thursday.

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    Two-plus months into the war waged over the New York Stock Exchange, and the participants are gearing up for a key battle: what to call it.

  • Nasdaq OMX Group has said it would consider selling NYSE Euronext’s American Stock Exchange division if it would help smooth its acquisition of the NYSE Euronext, the Wall Street Journal reported, citing people familiar with the matter.

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    Low market volumes and stiff competition have led to a sharp fall in “high-frequency” trading as industry experts warn that the past two years of rapid growth may be coming to a halt, reports the Financial Times.

  • It was a major blow for the Singapore Stock Exchange. Its courtship for its Australian counterpart, the Australian Stock Exchange, came to an abrupt end when the Australian government rejected the deal last week saying it was not in Australia's national interests. SGX was left standing alone at the altar.