Shares of CBOE Holdings Inc jumped 12 percent in their market debut as investors flocked to the last major North American financial exchange to go public and a potential takeover target.
Shares of CBOE Holdings Inc jumped as much as 16 percent in their stock market debut Tuesday as investors saw bright prospects for the parent of the Chicago Board Options Exchange.
All U.S. stocks will probably be subject to so-called circuit breakers by the end of this year, Duncan Niederauer, chief executive officer of stock exchange operator NYSE Euronext, said on Thursday.
The top U.S. securities regulator said no single event had been found to explain Thursday's mysterious market plunge but the events were unacceptable and additional safeguards were coming.
A big U.S. exchange operator said on Tuesday there was no smoking gun to explain Thursday's mysterious market plunge, while regulators and exchanges solidified plans to adopt circuit breakers.
Senior executives from NYSE Euronext, Nasdaq OMX Group Inc and CME Group Inc will testify to a congressional panel on Tuesday on last week's shock sell-off in the stock markets, according to a witness list obtained by Reuters.
Market watchdogs and six major exchanges agreed new safeguards were needed to curb trading in plunging markets, an effort to address last Thursday's mysterious market free fall.
U.S. stock index futures were lower on Tuesday, easing after the previous session's hefty gains and as concerns lingered about how Greece will get its budget deficit under control.
U.S. stock index futures were lower on Tuesday, easing after the previous session's hefty gains and as concerns lingered about how Greece will get its budget deficit under control.
The sharp fragmentation of the U.S. stock marketplace -- seen as a cause of last week's mysterious market dive -- is also slowing down regulators' ability to piece together what happened, two sources familiar with the matter said on Monday.
The heads of leading U.S. stock market operators have been called to Washington for an emergency meeting on Monday, days after a spine-chilling plunge in stock prices continued to perplex U.S. regulators.
The heads of leading U.S. stock market operators have been called to Washington for an emergency meeting on Monday, days after a spine-chilling plunge in stock prices continued to perplex U.S. regulators.
The two largest U.S. stock exchange operators, NYSE Euronext and Nasdaq OMX Group, called a truce and issued a joint statement on Sunday, pledging to co-operate with each other and regulators to get to the bottom of last week's dramatic stock market plunge.
President Barack Obama said on Friday that regulators would look for ways to prevent a repeat of Thursday's mysterious stock market meltdown, adding to expectations the U.S. government will make new regulations to curb runaway computer trading.
Stocks turned negative for the year on Friday on fears of another credit crisis stemming from Greece's souring finances and lingering questions about what triggered the previous session's dramatic plunge.
President Barack Obama said U.S. authorities were investigating the cause of a nearly 1,000-point plunge in the Dow Jones industrial average that spooked investors and fueled anger at Wall Street.
U.S. stock index futures fell on Tuesday after a broad rally in the previous that took the S&P 500 to its best day in two months as investors fretted over whether Greece could make deep spending cuts.
NYSE Euronext reported a 26 percent increase in quarterly profit as its growing derivatives operation offset sluggish stock trading.
NYSE Euronext said on Tuesday its quarterly profit rose 26 percent, matching expectations as its growing derivatives operation offset sluggish stock trading at the exchange operator.
The basic materials and financial sectors on Wednesday lifted the Dow Jones Industrial Average to a new 2010 intraday high of 10,766.
The stock market rallied from a morning loss to inch into positive territory by the closing, a pattern often seen in recent sessions.
The appetite and sense of urgency for world financial reform have waned as markets have rebounded and the world economy has shown signs of recovering, the head of exchange operator NYSE Euronext said on Thursday.