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Diversified Financial Services Specialized Finance

  • SYDNEY, May 8- Copper retreated in early Asian trade, with high inventories weighing on prices in both London and Shanghai markets ahead of key Chinese trade data on Monday. *LONDON COPPER: Three-month copper on the London Metal Exchange had dropped 1 percent to $5,520 a tonne by 0139 GMT. *SHANGHAI COPPER: The most-traded copper contract on the Shanghai Futures...

  • NEW YORK, May 5- A new stock and options trading database ordered by the U.S. Securities and Exchange Commission after the May 2010 flash crash will cost brokers and exchanges $50.7 million for the fiscal year ending Nov. 21, regulatory filings show. The SEC approved the plan in November for the database, aimed at helping regulators police the increasingly fast,...

  • 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.

  • WASHINGTON, May 2- The U.S. "The bar to disrupting the Fed's plans is higher now than it was in previous years," said Michael Gapen, chief economist at Barclays in New York in a note to clients. Investors next see an interest rate rise in June, according to Fed futures data compiled by the CME Group.

  • WASHINGTON, May 2- The U.S. "The bar to disrupting the Fed's plans is higher now than it was in previous years," said Michael Gapen, chief economist at Barclays in New York in a note to clients. Investors next see an interest rate rise in June, according to Fed futures data compiled by the CME Group.

  • *To start pilot listings of foreign firms as soon as 2017. *Wants to become regional center for equity issuance. RIYADH, April 27- Saudi Arabia aims to start listing foreign companies on its stock market as soon as this year as it seeks to become a regional center for equity issuance, said Mohammed Abdullah Elkuwaiz, vice-chairman of the Capital Market Authority.

  • 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.