The head of the London Stock Exchange on Wednesday called for a harmonized, pan-European regulatory framework for central clearing houses to help bring down costs and increase trading volumes in the region.
London Stock Exchange Chief Executive Xavier Rolet said the success of his strategy to counter intense competition from upstart rivals in UK cash equity trading should be clear within six to nine months.
European Union securities regulators will complete their review of dark pool share trading venues by year end and may ask the bloc's executive to take speedy action, a top supervisor said on Tuesday.
Poland said on Friday it had received three offers for its stake in the Warsaw Stock Exchange.
China-focused Fortune Oil Plc said on Wednesday an independent resource evaluation raised its gas resource estimate at the company's Liulin block in Shanxi Province, tripling the possible reserves to 84.8 billion cubic feet (bcf).
Britain's Immunodiagnostic Systems Holdings Plc said first-half revenue from continuing operations rose 56 percent and it was confident of executing its plans for the current year.
The London Stock Exchange said it has entered into exclusive talks with low-cost trading platform Turquoise Trading Ltd., as rising competition forces trading houses to consolidate.
European initial public offerings remained sparse in the second quarter, with most companies likely to defer going public until mid-2010, an expert on new listings from PriceWaterhouseCoopers (PwC) said.
Thomson Reuters' plan to cancel its London Stock Exchange listing prompted a jump in its shares on Tuesday, but the rally was tempered by fears some large UK shareholders will have to cut or sell their stakes.
Information and news company Thomson Reuters announced Monday it plans to unify its dual listed company structure, listing shares only on the New York Stock Exchange and Toronto Stock Exchange.
Intel Corp said it bought an additional 25 million shares in Imagination Technologies Group Plc for strategic reasons, and now owns 13.99 percent of the British chip designer's total issued voting rights.
Shares in business class-airline Silverjet were suspended on Friday by the London Stock Exchange.
Royal Bank of Scotland Group Plc, the second largest U.K. lender, may sell up to up to 10 billion pounds ($20 Billion) of stock to current shareholders to rebuild its capital reserves, the Financial ...
Misleading information which allegedly resulted from technical problems was published on Wednesday causing confusion in trading on the London Stock market.
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 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.
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.
Nasdaq Stock Market Inc and Borse Dubai, aiming to muscle out potential rival bidders, boosted an offer for OMX to $4.9 billion on Wednesday and pushed close to a majority stake in the Nordic exchange group.Borse Dubai is offering 265 Swedish crowns ($40.57) per share, up 15 percent from a previous offer of 230 crowns. It has now secured 47.6 percent of OMX in stock or options for shares.
Nasdaq and Borse Dubai, aiming to muscle out potential rival bidders, boosted an offer for OMX to $4.9 billion on Wednesday and pushed close to a majority stake in the Nordic exchange group.
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.
Nasdaq and Borse Dubai joined forces on Thursday with a deal to buy Nordic markets operator OMX and create a global financial marketplace which will see Borse Dubai taking key stakes in London Stock Exchange and Nasdaq.
Singapore state investor Temasek has pulled out of the running to buy Nasdaq's 31 percent stake in the London Stock Exchange, the Daily Telegraph reported on Thursday.
