Real money investors sat out the March stock market rally and are probably waiting for a second one around June or July, the head of the world's biggest stock exchange, NYSE Euronext , said in a newspaper interview.
European carbon futures gained nearly two percent on Monday on stronger oil and natural gas, reversing three straight days of losses, traders said.
Barclays agreed on Monday to acquire the Bear Wagner Specialists LLC operations from JPMorgan Chase & Co, a move that will leave the New York Stock Exchange with five designated market makers.
The New York Stock Exchange (NYSE) is likely to be the first foreign firm allowed to list on the Chinese stock market, a Chinese financial website reported on Monday.
Former First Republic Bank shareholders sued Merrill Lynch & Co on Friday accusing the Wall Street investment bank and brokerage of hiding billions of dollars of losses related to subprime mortgages while the companies' merger was pending.
Lehman Brothers said on Tuesday it would buy assets from Dutch specialist market maker Van der Moolen Holding including its New York Stock Exchange portfolio.
Merrill Lynch & Co named the NYSE Euronext Chief Financial Officer, Nelson Chai, as its own CFO today, replacing Jeffrey Edwards.
Merrill Lynch & Co named the NYSE Euronext Chief Financial Officer, Nelson Chai, as its own CFO today, replacing Jeffrey Edwards.
Nasdaq opened an office in Beijing on Monday, a move that will let it step up efforts to attract more Chinese firms to list on the exchange.
The cost of Thanksgiving is soaring, according to investment bank Merrill Lynch & Co, which may help explain the gloom among U.S. consumers as they head into the holiday season.
Money manager BlackRock Inc's chairman Larry Fink said he intended to stay with the firm he co-founded, after news reports tipped him as a candidate to takeover the chief executive slot at Merrill Lynch.
Merrill Lynch & Co Inc on Wednesday named NYSE Euronext Chief Executive John Thain as its new CEO, a move that acknowledges it needed an outsider with a Goldman Sachs pedigree to repair an image battered by wrong-way bets on subprime mortgages. Thain, 52, replaces Stan O'Neal, who was ousted as Merrill's CEO and chairman last month after the company wrote down $8.4 billion in assets during the third quarter.
Nasdaq Stock Market Inc on Wednesday confirmed it would acquire the Philadelphia Stock Exchange for $652 million, a move that will let the No. 2 U.S. stock exchange expand its presence in the fast-growing equity options business.
Nasdaq Stock Market Inc said on Wednesday it would acquire the Philadelphia Stock Exchange for $652 million, a move that will let the No. 2 U.S. stock exchange expand its presence in the fast-growing options business.
Citigroup Inc and Merrill Lynch & Co Inc, both seeking new chief executives after taking billions of dollars in write-downs, are considering the same five candidates for their top jobs, CNBC television reported on Wednesday.
Nasdaq Stock Market, Inc. is close to purchasing the Philadelphia Stock Exchange for about $650 million as it makes a bid to enter the U.S. derivatives trading business, according to reports.
Nasdaq Stock Market Inc has agreed to buy the Philadelphia Stock Exchange, which operates the third-largest U.S. equity options market, for about $650 million, two people familiar with the matter said on Tuesday.
Merrill Lynch, the world’s largest brokerage, saw its stock price soar on Friday amid speculation that its Chairman and Chief Executive Stan O’Neal would be forced out and that the company could be acquired.
Nasdaq Stock Market Inc , the second-largest U.S. equities exchange, posted a higher quarterly profit on Wednesday, helped by a gain from the sale of its stake in the London Stock Exchange.
Citigroup and Merrill Lynch have bought 5 percent stakes in India's top commodities exchange, valuing it at up to $1.1 billion, or more than the Bombay Stock Exchange which sold stakes earlier this year.
The London Stock Exchange said in a trading statement on Tuesday it would report very strong first-half results and was very close to completing its merger with Borsa Italiana.
NYSE Euronext and Australia's ASX Ltd may be interested in buying part of Nasdaq Stock Market Inc's 31 percent stake in London Stock Exchange Plc, a person familiar with the matter said.
