News
Nasdaq extends bid for LSE
The New York Nasdaq exchange has extended the deadline for London Stock Exchange shareholders to accept its takeover offer, but has refused to raise its bid.
JWG-IT and Eukleia Training announce Mifid training initiative
JWG-IT Group and Eukleia Training partner up for new Mifid training initiative.
CESR plans to update website
The Committee of European Securities Regulators (CESR) is planning to update and enhance its website.
BarCap relocates Ritossa as Asia-Pacific head of rates
Ivan Ritossa will move from London to Singapore on February 1 as head of rates, Asia-Pacific for Barclays Capital, while retaining his role as global head of foreign exchange.
Mizuho hires Hoskin for equity derivatives
Mizuho International, the London-based international securities arm of Japanese bank Mizuho Financial Group, has appointed Richard Hoskin in the new position of managing director responsible for equity derivatives products, equity research sales and…
CFTC head warns of "critical" underfunding
Walter Lukken, one of five commissioners at the US Commodity Futures Trading Commission, has warned that the commission is "at critical levels in its funding and staffing".
Nymex abandons UK exchange
The New York Mercantile Exchange (Nymex) has effectively ended its trading presence in the UK by applying for its subsidiary, Nymex Europe, to be deregistered.
TSE close to deal with NYSE
The Tokyo Stock Exchange (TSE) and the New York Stock Exchange (NYSE) are hoping to finalise a tie-up by the end of this month.
Cantor Fitzgerald hires two to lead new structured products group
US financial services firm Cantor Fitzgerald Debt Capital Markets has created a new structured products group, and appointed Gina Hubbell and Ed LaScala to staff it.
Credit Suisse and NECC forge partnership
Credit and clearing service provider North American Energy Credit and Clearing (NECC) has entered into a joint venture with investment bank Credit Suisse.
Energy dominates Union address
US President George Bush has set out bold plans for renewable energy in his annual State of the Union address, but experts question whether they are realistic.
LSE rebuffs latest approach from Nasdaq
The London Stock Exchange (LSE) and the New York Nasdaq exchange traded blows on Tuesday, as the management of the LSE turned down Nasdaq's takeover offer.
Nymex buys stake in Optionable to expand options trading
The New York Mercantile Exchange (Nymex) has announced it will buy a 19% stake in Optionable, a New York-based provider of natural gas and other energy options.
CEIOPS publishes 2007 work programme
Busy year ahead for CEIOPS
AMF publishes Mifid consultation paper
AMFpublishes consultation document setting out a draft amended Book III of its General Regulation in relation to Investment Service Providers.
Goldman Sachs doubles stake in Climate Exchange
Shares in Climate Exchange, the UK-listed company that owns the European Climate Exchange (ECX) and the Chicago Climate Exchange, rose by around 5% after the company disclosed that US investment bank Goldman Sachs has doubled its stake to 19%.
MEFF extends derivatives contracts to IBEX 35
The Spanish futures and options exchange Mercado Español de Futuros Financieros (MEFF) this week extended its coverage to trade derivatives contracts on all the underlying shares in the IBEX 35, the index of Spain’s 35 most liquid stocks.
Feder takes over Bear Stearns' structured equity business
Leonard Feder has been promoted to global head of structured equity trading at Bear Stearns in New York.
Support grows for Feinstein-Carper bill
The US utility sector has thrown its support behind an aggressive cap-and-trade plan that specifically targets the greenhouse gas emissions of electric utilities.