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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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Retail FX
NYSE Proposes 22 Hour Trading on Arca Equities Exchange During Weekdays
2024-10-25T14:38:28.295+02:00
All US-listed stocks, ETFs, and closed-end funds will trade during the extended hours.
The proposed changes are subject to regulatory approval from the SEC.
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Institutional FX
New York Outshines London Again in Financial Markets, Widening the Gap
2024-07-02T10:50:22.139+02:00
The New York Stock Exchange raised $12 billion in IPO proceeds in the first half of 2024.
It further outclasses the London Stock Exchange, struggling with a low number of public debuts.
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Institutional FX
Interactive Brokers Faces $48M Loss Following NYSE Trading Error
2024-06-26T20:20:29.891+02:00
A sudden drop in Berkshire Hathaway's share price led to Interactive Brokers' customers placing numerous buy orders.
The NYSE's refusal to cancel trades as requested by Interactive Brokers forced the brokerage firm to cover its customers' trades, leading to substantial losses.
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CryptoCurrency
NYSE Teams Up with Coindesk to Track Spot Bitcoin Prices
2024-05-29T18:09:30.853+02:00
This collaboration aims to merge traditional finance with cryptocurrency.
Options contracts linked to CoinDesk's XBX allow investors to manage exposure to Bitcoin's price movements.
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Retail FX
Wall Street Never Sleeps: NYSE Explores Round-the-Clock Trading
2024-04-23T13:48:27.252+02:00
The New York Stock Exchange is exploring the possibility of introducing 24/7 stock trading.
The success of cryptocurrency markets inspired the move.
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Institutional FX
NYSE and TSE Partner on Product Dev, Marketing and Info Exchange
2022-09-23T15:04:01.731+02:00
The agreement was signed during the visit of the Japanese PM, Fumio Kishida to the NYSE.
JPX and CFFEX in early September signed an MoU for derivatives market cooperation.
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Solomon Oladipupo
CryptoCurrency
New York Stock Exchange Files for NFT, Metaverse, and Crypto-Related Licenses
2022-02-17T09:45:11.544+02:00
NYSE wants to launch marketplaces for trading NFT, metaverse and cryptos.
The popular stock exchange is embracing the popularity of digital tokens.
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Nicholas Otieno
Executive Moves
ICE Recruits Lynn Martin as the New President of the NYSE
2021-12-07T18:04:25.940+02:00
Martin will take over from Stacey Cunningham, who was the NYSE’s first female president.
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Tom Hazan
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Regulation
NYSE President Asks Regulators to Change Rules for Fair Play with Exchanges
2021-10-07T22:56:53.000+02:00
Intercontinental Exchange's President said that the NYSE feels like they are in a 'bullfight.'
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Felipe Erazo
News
Intercontinental Exchange Sold Coinbase Stakes for $1.2 Billion
2021-04-30T14:39:19.000+02:00
The company gained $900 million from that single trade.
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Arnab Shome
News
What Does the Success of Coinbase’s Public Offering Mean for Crypto?
2021-04-15T13:15:11.000+02:00
Coinbase's share price closed yesterday at $328.28, giving the company a total valuation of $85.7 billion
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Rachel McIntosh
Institutional FX
Citadel Securities Acquires IMC’s Designated Market Making Unit
2020-10-09T08:48:37.000+02:00
The companies did not disclose the monetary size of the deal.
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Arnab Shome
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Exchanges
Intercontinental Exchange Posts Solid Jump in Q2 Net Income
2020-07-30T16:33:23.000+02:00
The net revenue for the quarter remained at $1.4 billion, with an adjusted operating margin of 59%.
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Arnab Shome
Executive Moves
Former LME Head of Sales Paul MacGregor Joins Perfect Channel
2020-03-23T17:13:50.000+02:00
He moves to the fintech firm in early March 2020.
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Finance Magnates Staff
Exchanges
NYSE Prepares for First Ever All-Electronic Trading Day
2020-03-23T15:27:09.000+02:00
The New York Stock Exchange's trading floor will close today as trading resumes electronically
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Exchanges
NYSE Closes Trading Floor After Two Positive Tests for COVID-19
2020-03-19T00:05:19.000+02:00
With no set date for reopening its human platform, NYSE’s electronic systems may face sharp volatility due to higher volumes.
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Aziz Abdel-Qader
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Exchanges
MEMX Secures Backing from Goldman Sachs, JPMorgan & More
2020-02-21T08:31:18.000+02:00
The equities exchange is set to launch on July 24, 2020.
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Celeste Skinner
Exchanges
NYSE Sees Price Glitch Amidst Tech Update
2019-08-13T12:07:06.000+02:00
The group confirmed that end-of-day prices for the Dow Jones and S&P 500 were delayed on Monday evening
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David Kimberley
Exchanges
NYSE Begins Major Technology Upgrade
2019-08-06T10:54:06.000+02:00
Project Pillar will see options and equities brought to a single platform and trading processing times cut to 40 microseconds
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Exchanges
ICE Reports Increase in Fixed Income Revenues in Q1 of 2019
2019-05-02T14:25:20.000+02:00
The company also saw an uptick in revenue during the quarter.
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Celeste Skinner
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Exchanges
ICE Reports Solid 2018, Trading and Clearing Revenues Jump 27%
2019-02-07T16:14:42.000+02:00
2018 was the 13th consecutive year to deliver record revenues for ICE.
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Brokers
Online Broker Futu Confidentially Files for US IPO
2018-12-19T11:16:53.000+02:00
The broker is targeting a valuation of around $2.5 billion, people familiar with the matter have said.
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Brokers
Tradeview Adds US Equity Trading to MetaTrader 5 Platform
2018-11-07T16:08:37.000+02:00
Traders now have direct market access to stocks listed on the NYSE, NASDAQ and the American Stock Exchange.
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Regulation
ING to Pay $5 Million to Settle Misconduct Charges on NYSE
2018-09-07T08:35:18.000+02:00
This is the second announcement of a fine against the bank this week.
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Celeste Skinner
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News
Firm Behind First Blockchain ETFs Launches $100 Million Crypto Hedge Fund
2018-08-19T11:18:30.000+02:00
Reality Shares of California has attracted around $100 million worth of new business since launching its exchange-traded funds.
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Simon Golstein
See more
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