Nasdaq OMX Group Inc. shares declined the most since November 2008 after the acquisition of eSpeed, an electronic platform for trading U.S. Treasury bonds, raised concern about its credit rating. Shares of the second-biggest operator (NDAQ) of U.S ..
The Singapore Exchange said it is ready to quote, trade, clear and settle RMB-denominated securities. Last month, the two central banks doubled the size of their bilateral currency swap facility from 150 billion yuan (24.2 billion U.S. dollars) to 300 …
From the 1st April 2013 South Africa will implement a local Real Estate Investment Trust (REIT) regime that will usher in a new era for the listed property sector. From this date all property companies currently listed on the JSE either property loan stocks or property unit trusts will convert to a REIT structure and any new listings in this sector will have to comply with JSE REIT listing requirements.
Betfair has acquired assets from British online sportsbook Blue Square including its customer base for £5 million. The company said, “From today, all Blue Square customers will be automatically redirected to Betfair where they can access a full suite …
April 2 (Bloomberg) — Intrade, an online betting website that halted trading last month after uncovering suspected financial irregularities, is seeking support from customers for a survival plan, said two people with knowledge of the matter.
The Dublin-based company is asking members to accept repayment of 50 percent of their currently frozen funds within weeks, with the rest returned if it survives and draws new investment, according to the people, who asked not to be identified, as the matter is private. Less than $2.5 million of funds are at risk, according to one of the people.
South China Morning Post
The government yesterday announced the appointment of former Hang Seng Bank chief executive Margaret Leung Ko May-yee as a director of Hong Kong Exchanges and Clearing, as it seeks to break up its “boys club” image.
Chi-X® Australia Pty Ltd, a wholly owned subsidiary of alternative trading venue operator Chi-X® Global Holdings LLC, today announced the appointment of John Fildes as Chief Executive Officer effective 1 May 2013. To ensure a smooth transition, Peter Fowler will continue in his role as CEO until 1 May 2013 and John Fildes will join the team in early April.