Bats Global Markets, Inc. Announces Pricing of Its Initial Public Offering
Top Headlines
Bats Global Markets, Inc. Announces Pricing of Its Initial Public Offering
Bats Global Markets, Inc. (“Bats”), a leading global operator of exchanges and services for financial markets, today announced the pricing of its initial public offering at a price to the public of $19.00 per share. The size of the offering has been increased from the initially announced 11,200,000 shares of common stock to 13,300,000 shares of common stock.
Read More
CME Group to Close New York Trading Floor at Year-End
Top Headlines
CME Group to Close New York Trading Floor at Year-End
As declining open outcry options volume on CME Group’s New York trading floor now represents just 0.3 percent of the company’s overall energy and metals trading volumes, CME Group will close its New York trading floor at year-end, subject to CFTC review.
Read More
McDermott Resigns from FCA
Top Headlines
McDermott Resigns from FCA – Profit & Loss
UK regulator the Financial Conduct Authority (FCA) has announced that Tracey McDermott, its acting chief executive, has resigned. McDermott will leave the organisation on July 1 2016.
Read More
Exchange Operator Bats Global’s IPO Said to Be Oversubscribed
Top Headlines
Exchange Operator Bats Global’s IPO Said to Be Oversubscribed – Bloomberg
Exchange operator Bats Global Markets Inc.’s initial public offering is oversubscribed, three days before the sale is due to price, according to people familiar with the matter.
ESMA Publishes Responses to the Discussion Paper Benchmarks Regulation
Top Headlines
ESMA Publishes Responses to the Discussion Paper Benchmarks Regulation
The European Securities and Markets Authority (ESMA) has published the responses received to the Discussion Paper Benchmarks Regulation.
Read More
China Foreign Exchange Reserves Rise for First Time in Five Months
Top Headlines
China Foreign Exchange Reserves Rise for First Time in Five Months – Bloomberg
China’s foreign-exchange reserves unexpectedly increased in March after capital outflow pressure eased as the nation’s currency steadied.
FXPA Chair Lowry, Vice Chair Sigelbaum Speaking at Forex Network London
Top Headlines
FXPA Chair Lowry, Vice Chair Sigelbaum Speaking at Forex Network London
Chip Lowry, chairman, and Jill Sigelbaum, vice chair, of the Foreign Exchange Professionals Association (FXPA) will be speaking at Profit & Loss Forex Network London next Thursday, April 14. Lowry will discuss the FX trade association’s mission and activities to date, as well as take a look at a number of developing and ongoing trends in the market during a one-on-one interview with David Clark, chairman of the Wholesale Markets Brokers’ Association (WMBA).
FXPA Chair Lowry, Vice Chair Sigelbaum Speaking at Forex Network London
Chip Lowry, chairman, and Jill Sigelbaum, vice chair, of the Foreign Exchange Professionals Association (FXPA) will be speaking at Profit & Loss Forex Network London next Thursday, April 14. Lowry will discuss the FX trade association’s mission and activities to date, as well as take a look at a number of developing and ongoing trends in the market during a one-on-one interview with David Clark, chairman of the Wholesale Markets Brokers’ Association (WMBA).
Read More
Lagarde Says IMF Greek Deal Far Off as Talks Roiled by Leaks
Top Headlines
Lagarde Says IMF Greek Deal Far Off as Talks Roiled by Leaks – Bloomberg
International Monetary Fund Managing Director Christine Lagarde rebuffed Greek government calls to replace top officials overseeing the country’s bailout and said the IMF is “a good distance away” from an agreement that would allow for additional loans to Europe’s most indebted state. Read More
Thomson Reuters Acquires WM/Reuters FX Benchmarks
Top Headlines
Thomson Reuters Acquires WM/Reuters FX Benchmarks – Profit & Loss
Thomson Reuters (TR) has acquired the WM/Reuters FX benchmark rate calculation business from The World Markets Company, a State Street Corporation subsidiary.