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Technological advancements and the demand for low-cost, fast trade executions could drive growth for electronic trading companies.
CME Group Inc.
Intercontinental Exchange, Inc.
Thomson Reuters Corporation
Interactive Brokers Group, Inc.
MarketAxess Holdings Inc.
Cboe Global Markets, Inc.
Virtu Financial, Inc.
BGC Partners, Inc.
The proposed deal would give SoftBank more than a 50 per cent stake in the company, but it was unclear if the group — which is WeWork’s largest backer — would repurchase all of its outstanding stock.
As officials gather in Washington DC for this week’s annual meetings of the IMF and World Bank, the mood on global growth prospects is understandably gloomy . The advanced economies have been hit by major ...
CME Group Inc's physical delivery of aluminium has gained traction since September after expanding its warehousing network beyond the United States into Europe and Asia, fuelled by growing liquidity in Asian market, a company official said. "We are starting to see actually more and more materials coming into our warehouses," Young-Jin Chang, CME's Global Head of Metals told Reuters by telephone on Friday, adding more stocks of the light metal were expected in Asian locations. Aluminium stocks at Asian warehouses in Malaysia and Singapore stood at 13,500 tonnes as of Oct. 10, data from CME showed, accounting for more than 70% of its whole 19,221 tonne inventory.
Gallons of ink has been spilled on the question of when value-investing -- the practice of buying treasure priced like trash -- will begin to outperform the market after a torrid decade of returns. To add to the literature is Grantham Mayo van Otterloo’s (GMO) Ben Inker, Head of Asset Allocation at the storied investment firm, who addressed the potential for a reversal in its third quarter letter, released Thursday.
The British economy is on track to avoid a recession ahead of the latest Brexit deadline, boosted by a return to growth in the services sector. Despite a contraction in output in August, output grew 0.3 per cent in the three months to August compared with the previous three-month period, according to data from the Office for National Statistics on Thursday. Economists now expect the economy to have expanded in the third quarter, thereby avoiding a recession — defined as two consecutive quarters of economic contraction.
Moody's downgrades the outlook for E*TRADE Financial (ETFC) and Charles Schwab (SCHW), following fee cut announcement. The outlook for TD Ameritrade (AMTD) remains stable.
Wall Street climbed for the first time in three days on Wednesday but found its fortunes waxing and waning in response to the latest trade headlines. The S&P 500 finished 0.9 per cent higher in a broad-based rally, coming back from intraday highs that had it up as much as 1.3 per cent. Meanwhile, the tech heavy Nasdaq Composite was up 1 per cent. of US agricultural products as they sought an interim trade agreement with Washington.
People who trade stocks online cheered last week when several large retail brokers slashed stock-trading commissions to zero, a move made possible, in part, by a controversial source of broker revenue that has drawn regulatory scrutiny. Charles Schwab Corp, TD Ameritrade Holding Corp and E*Trade Financial Corp followed the lead of Interactive Brokers in eliminating stock and exchange-traded fund trading commissions, sending their share prices tumbling on the revenue they were giving up. There is also payment for order flow, in which wholesale market makers, like Citadel Securities or Virtu Financial pay for the first crack at executing a stock order.
ICE (ICE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
US core producer prices fell in September by the most in more than four years, data on Tuesday showed, signalling that price pressures remain sluggish and giving the Federal Reserve more flexibility on ...
Intercontinental (ICE) posts 12% rise in Q3 average daily volume while solid September volumes are attributable to higher Commodities and Financial ADV.
CME (CME) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.