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Diversified Financial Services Specialized Finance

  • *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...

  • WASHINGTON, Oct 18- The U.S. Securities and Exchange Commission said on Wednesday it had named JPMorgan Chase executive Brett Redfearn as director of the agency's trading and markets division. The job is one of the last major positions new SEC Chairman Jay Clayton still had to fill. During his career, Redfearn has served on the boards of Bats Global Markets and the...

  • Oct 18- Singapore Exchange Ltd and Nasdaq Inc announced a pact on Wednesday that will allow firms to tap the capital markets possibly simultaneously under the two exchange operators' namesake exchanges. The tie-up would help fast-growing Asian companies to list on the SGX and subsequently pursue a Nasdaq listing as they expand globally, SGX Chief Executive...

  • NEW YORK, Oct 17- A proposed regulatory experiment to test the effects of lowering stock exchange fees could end up making stocks harder to trade and should be delayed pending a comprehensive market review, the three largest U.S. stock exchange operators said in a letter to the Securities and Exchange Commission. "Harming this critical component of our markets...

  • TORONTO, Oct 17- Shares of Canadian marijuana company Aphria Inc sank on Tuesday, after the operator of the Toronto Stock Exchange said cannabis companies with U.S. interests would come under heightened scrutiny and could be delisted. Aphria tumbled 9 percent to C $7.21 in morning trading, after TMX Group Ltd said after the bell on Monday it would launch a review...

  • TORONTO, Oct 16- Canada's TMX Group Ltd, operator of the Toronto Stock Exchange, said on Monday that it might delist stocks of marijuana companies with interests in the United States, where their operations are illegal under federal law. The regulators did not prohibit marijuana firms with U.S. ties from listing in Canada, leaving room for any firms rejected by TMX...

  • TORONTO, Oct 16- Canada's TMX Group Ltd, operator of the Toronto Stock Exchange, said on Monday that it may move to delist stocks of marijuana companies with interests in the United States, where their operations are illegal under U.S. federal law. TMX disclosed its plans as Canadian securities regulators tightened up rules requiring firms to disclose their...

  • NEW YORK, Oct 12- Equifax Inc said on Thursday that one of its third-party vendors had been running malicious code on one its web pages, but that the credit reporting agency was not the subject of another cyber attack and its systems were not compromised. Atlanta- based Equifax disclosed a little over a month ago that cyber criminals had breached its systems...

  • CHICAGO, Oct 11- CME Group Inc plans no further moves to reduce volatility in its cattle futures market, after making a series of changes to rein in wild price swings that drove away hedgers, a managing director said on Wednesday. Over the past two years, the exchange operator, which owns the Chicago Mercantile Exchange and other markets, has cut trading hours,...

  • CHICAGO, Oct 11- CME Group Inc plans no further moves to reduce volatility in its cattle futures market, after making a series of changes to rein in wild price swings that drove away hedgers, a managing director said on Wednesday. Over the past two years, the exchange operator, which owns the Chicago Mercantile Exchange and other markets, has cut trading hours,...

  • WASHINGTON— Federal Reserve officials struggled in September to come to terms with persistently low inflation but decided to continue to signal the possibility of raising interest rates for a third time this year. The latest CME Group survey, based on trading on the direction of the Fed's benchmark rate, places the probability of a December rate hike at 88...

  • LONDON, Oct 11- The powerful chair of Britain's parliamentary treasury committee demanded on Wednesday that U.S. credit reporting agency Equifax explain why it has taken more than a month to notify UK users of a massive data breach affecting up to 15.2 million citizens. Nicky Morgan, chair of the House of Commons' Treasury Committee, also wrote to Britain's...

  • Oct 10- Credit reporting agency Equifax Inc said on Tuesday that 15.2 million client records in Britain were compromised in the massive cyber attack it disclosed last month, including sensitive information affecting nearly 700,000 consumers. Overall, around 145.5 million people, mostly in the United States, had their information, including Social Security...

  • NEW YORK, Oct 10- Nasdaq Inc Vice Chairman Hans Ole Jochumsen, who has been focused on expanding the transatlantic exchange operator's European operations, will retire at the end of the year, he said in an interview on Tuesday. Since joining the New York- based company in 2008 when it merged with Nordic exchange operator OMX, Jochumsen has helped guide strategy,...

  • NEW YORK, Oct 10- Nasdaq Inc Vice Chairman Hans Ole Jochumsen, who has been focused on expanding the transatlantic exchange operator's European operations, will retire at the end of the year, he said in an interview on Tuesday. Since joining the New York- based company in 2008 when it merged with Nordic exchange operator OMX, Jochumsen has helped guide strategy,...

  • Oct 4- Canada's main stock index futures dipped on Wednesday as oil prices fell on caution that rising U.S. crude output could scupper a rally that lasted for most of the third quarter. Canada's benchmark stock index rose slightly on Tuesday as gains in the resource and financial sectors offset a decline in shares of TMX Group after Scotia Capital and Alberta...

  • Oct 3- Canada's benchmark stock index rose slightly on Tuesday as gains in the resource and financial sectors offset a decline in shares of TMX Group after Scotia Capital and Alberta Investment Management said they would cut their stake in the stock exchange operator. Shares of TMX tumbled 4.1 percent to C $67.75 after the two companies agreed to reduce their...

  • Oct 3- Canada's main stock index closed slightly higher on Tuesday as gains in the resource and financial sectors offset a decline in shares of TMX Group after Scotia Capital and Alberta Investment Management said they would cut their stake in the company.

  • OTTAWA, Oct 3- Canada's main stock index rose slightly on Tuesday as gains in the resource and financial sectors offset a decline in shares of TMX Group after Scotia Capital and Alberta Investment Management said they would cut their stake in the company. Shares of TMX tumbled 4.6 percent to C $67.38 after the two companies agreed to reduce their stake in the...

  • OTTAWA, Oct 3- Canada's main stock index opened slightly higher on Tuesday as gains in the resource and financial sectors offset a decline in shares of TMX Group after Scotia Capital and Alberta Investment Management said they would cut their stake in the company.