SEC urged to implement moratorium on market data rulings
Companies that benefit most are the ones that are the most successful in broadening their U.S. investor base
New York Board of Trade sets December 11 vote on proposed acquisition
The Philadelphia Stock Exchange today announced the launch its new, all electronic equity trading system, PHLX XLE. The PHLX XLE leverages the features of the exchange’s electronic options trading platform to create an entirely new equity market model for the exchange. It says that its new system is marked by its execution speed, aggressive pricing […]
7 investment banks in plan to create a pan-European equities trading platform
Merger talks between the Borsa Italiana and the Deutsche Borese are seemingly off.The Italian exchange reports that in the last few days it reiterated its desire for a federal European exchange project, based on an industrial plan and balanced corporate governance structure.However, “Deutsche Boerse last night communicated that it does not completely share these principles,” […]
International Securities Exchange Holdings Inc. today reported record third quarter earnings, up 66.3% to US$14 million.Total revenues for the quarter increased 30.3% to US$50.1 million versus US$38.4 million in the prior year. Gross margin, or total revenues less cost of revenues, increased 31.8% to US$44.5 million from US$33.7 million in the third quarter of 2005. […]
Jointly owned unit to trade structure products
The NYSE Group Inc. and Euronext NV say they are open to a merger with other European exchanges. In response to a press release issued by Deutsche Borse AG on Friday indicating that it has unilaterally decided to notify the European Commission of its intention to acquire Euronext, the exchanges issued a statement of their […]
Consoldiation would offer advantages