Exchanges/ECNs News

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  • Q&A: Market Surveillance Demands 20-20 Vision
    By Phil Albinus | June 14, 2013
    Just because regulators are gaining an IT advantage in market surveillance it doesn't mean that broker-dealers can relax. If they want to avoid fines and keep their trading license, remaining vigilant against suspicious trades and compliance infractions is still Job One.
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  • The Big Shift: Overhauling Corporate Bond Trading
    By Ivy Schmerken | June 05, 2013
    With major dealers shrinking their inventories of corporate bonds, buy side institutions are seeking ways to find liquidity over alternative trading platforms that are emerging to solve the liquidity shortfall.
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  • EU Dark Pools Regs Blast Buy Side
    By Phil Albinus | May 28, 2013
    The proposed 5 percent cap on dark pool trading could have a sharp impact on asset managers who need the anonymity of unlit trading venues, say critics.
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  • The Rich Past and Uncertain Future of the NYSE
    By Phil Albinus | May 17, 2013
    On the anniversary of its founding, the New York Stock Exchange shows signs of strength in an uncertain world.
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  • Nasdaq OMX Launches ETF Exchange
    By Phil Albinus | April 30, 2013
    The market maker has recast one of its three exchanges for the trading of exchange-traded funds. Just in time as it takes on dark pools before the SEC.
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  • Nasdaq OMX to Re-Launch PSX for Exchange Traded Products
    By Ivy Schmerken | April 29, 2013
    Offers new market maker programs with economic incentives to reward individuals who meet quoting requirements on a per-security basis.
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  • ISE Announces Gemini as Name of New Options Exchange
    By Ivy Schmerken | April 12, 2013
    Pending SEC approval, ISE expects to launch Gemini, its second options exchange, in Q2.
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  • Nasdaq OMX Enhances UltraFeed
    By Ivy Schmerken | April 09, 2013
    Nasdaq OMX's UltraFeed now includes U.S. equity market depth data from Nasdaq, NYSE Euronext, Direct Edge and BATS exchanges combined into a single feed. .
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  • SEC Approves Nasdaq Payback Plan for Botched Facebook IPO
    By Phil Albinus | March 26, 2013
    UBS, Citi and others are not pleased with the $62 million settlement and may still sue.
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  • Nasdaq, SharesPost to Set Up Market for Unlisted Stocks
    By Aman Shah, Reuters | March 06, 2013
    Nasdaq OMX Group Inc will form a marketplace for trading in shares of unlisted companies in a joint venture with small trading platform SharesPost Inc, tapping into increasing investor interest in private firms.

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  • Dow Hits Fresh Record as Private Hiring Picks Up
    By Leah Schnurr, Reuters | March 06, 2013
    Wall Street resumed its climb into uncharted territory on Wednesday, with the Dow setting another intraday record as hiring by companies rose strongly last month.

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  • CME Said to Approach Deutsche Boerse for Merger Talks -Bloomberg
    By Reuters | February 25, 2013
    CME Group Inc is said to have approached Deutsche Boerse AG to consider merger talks, Bloomberg tweeted on Monday.

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  • CBOE Would Consider Going Private If Benefits Shareholders -COO
    By Ann Saphir, Reuters | February 15, 2013
    CBOE Group Holdings Inc, which became a publicly held company in 2010 after years of effort, would consider going private again if doing so would benefit its shareholders, a top executive suggested on Thursday.

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  • CBOE Profit Rises; Company in Talks with SEC on Probe
    By Ann Saphir, Reuters | February 08, 2013
    CBOE Group Holdings Inc, which runs the oldest U.S. stock-options trading venue, said on Friday that fourth-quarter earnings rose a more-than-expected 25 percent on an increase in per-contract fees.

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  • ICE Reports 2 Percent Rise in Q4 Profit
    By Reuters | February 06, 2013
    IntercontinentalExchange Inc, which is in the process of buying NYSE Euronext for $8.2 billion, reported a 2 percent rise in quarterly profit on Wednesday, helped by an increase in market data revenues and slightly lower expenses.

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  • NYSE Euronext to Cut Costs Ahead of ICE Sale
    By Luke Jeffs, Reuters | February 05, 2013
    NYSE Euronext has pledged to reduce costs further to offset slower trading as it prepares for this year's planned sale to IntercontinentalExchange (ICE).

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  • BATS U.S. Equity and Options Market Share Rises in January
    By Ivy Schmerken | February 04, 2013
    BATS' captured 11.7 percent of U.S. equity market share in January, vs. 11.1 percent one year ago, but down from 11.9 percent in December.
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  • U.S. Panel Backs Exchange to List Smaller Companies
    By Sarah N. Lynch, Reuters | February 01, 2013
    A panel of small business experts on Friday urged U.S. securities regulators to encourage the creation of a new exchange to list smaller companies to make it easier for them to enter the public market.

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  • Nasdaq Profit Tops Expectations As Non-Trading Revenues Rise
    By John McCrank, Reuters | January 31, 2013
    Nasdaq OMX Group reported a higher fourth-quarter profit on Thursday, as an increase in non-transaction-based revenues outweighed an industry-wide drop in trading volumes.

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  • U.S. Debt Ceiling No place for Stand on Spending: Nasdaq's Greifeld
    By John McCrank, Reuters | January 09, 2013
    The U.S. borrowing limit should not be used as leverage by members of Congress to force the Obama administration to cut spending as there will be other opportunities to make a stand, said Robert Greifeld, chief executive of Nasdaq OMX Group.

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  • World Shares Hit Highest Since July 2011
    By Reuters | January 02, 2013
    World shares hit their highest level since July 2011 on Wednesday after U.S. markets jumped sharply in response to the deal to prevent a fiscal crunch from sending the giant economy back into recession.
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  • JPMorgan Copper ETF, First in US, Gets Green Light
    By Reuters | December 17, 2012
    U.S. regulators have finally approved JPMorgan Chase & Co's controversial plan to launch a copper exchange-traded fund backed by actual stockpiles of the metal, dealing a blow to end users who fear the product will wreak havoc on prices.

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  • Nasdaq to Buy Stake in Dutch Derivatives Trading Venue
    By Reuters | December 11, 2012
    NASDAQ OMX Group is buying a 25 percent of Dutch cash equity and equity derivatives trading venue TOM, The Order Machine, with an option to secure a majority stake, the transatlantic exchange operator said late on Monday.

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  • CME Says No Plans to Shut Grains Floor Trading
    By Manolo Serapio Jr, Reuters | November 28, 2012
    The CME Group, the biggest operator of U.S. futures exchanges, has no plans to shut open-outcry trading pits but will not change new price settlement rules for grains despite a lawsuit by a group of traders, its CEO said on Wednesday.

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  • CME Lawsuit opens New Front Against Finance Watchdogs
    By Douwe Miedema and Ann Saphir, Reuters | November 09, 2012
    A lawsuit by U.S. exchange operator CME Group added to a groundswell of legal challenges facing regulators rewriting global financial rules, potentially opening up a new front in the fight over the reforms.

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