Home » Financial and Commodity Market Operators (TRBC)
LONDON (Reuters) – Returning to the office will bring new challenges for banks and brokerages seeking to enforce good conduct by staff, after the bulk of their employees worked from home during the coronavirus pandemic, a financial markets industry body said o... More »
BERLIN (Reuters) – The German parliament’s financial committee will hold an extraordinary meeting on the Wirecard (WDIG.DE) scandal on Wednesday next week and Finance Minister Olaf Scholz is expected to be there, a Social Democrat (SPD) lawamker said on Monday... More »
ISLAMABAD (Reuters) – Pakistani Prime Minister Imran Khan told parliament on Tuesday he had no doubt that India was behind an attack on the stock exchange building in the southern city of Karachi. Four gunmen armed with grenades attacked the Pakistan Stock Exc... More »
(Reuters) – Troubled hospital operator NMC Health (NMC.L) on Monday said it requested London Stock Exchange to delist its shares after they remained suspended for two months. The UAE-based company was placed into administration earlier this month, on the appli... More »
NEW YORK (Reuters) – U.S. brokers should not be forced to sign an agreement that could make them liable for breaches of a massive new industry trading database that they have no control over, a leading financial industry trade group told regulators on Wednesda... More »
WASHINGTON (Reuters) – The head of the examination office at the U.S. Securities and Exchange Commission (SEC) on Tuesday published details about the expected scope and content for compliance with a new rule requiring broker-dealers and investment advisers to ... More »
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission said it needs more time to decide whether to allow a plan by the New York Stock Exchange to offer a new high-speed wireless connection to the exchange that some brokers have blasted as anti-compe... More »
WASHINGTON (Reuters) – The financial industry wants the U.S. Securities and Exchange Commission to hold off on parts of a new rule requiring brokers to disclose potential conflicts of interest, citing disruptions caused by the coronavirus, four people with kno... More »
LONDON (Reuters) – Banning short-selling of shares gives the impression of responding decisively to events without achieving any useful result, the World Federation of Exchanges (WFE) said on Monday. In an unusually blunt statement, the global umbrella group f... More »
LONDON (Reuters) – Blackrock (BLK.N), the world’s largest asset manager, will freeze global hiring for a few weeks, according to a source familiar with the situation. As the deadly coronavirus swept across the global economy, killing thousands of people, compa... More »
LONDON (Reuters) – A rush to sell global bonds in the past week has now rippled into the world of exchange-traded funds with some of the most actively traded seeing the most bulging gaps relative to the value of underlying holdings in years. Exchange-traded fu... More »
SYDNEY (Reuters) – Australia is considering a second round of economic stimulus, three sources familiar with the deliberations told Reuters, as Canberra accelerated efforts to contain the spread of the coronavirus that has now killed five people in the country... More »
BEIJING/SHANGHAI (Reuters) – China’s securities regulator has urged some mutual fund managers not to sell shares unless they face investor redemptions, four sources told Reuters, as the country’s stock markets plunged on Monday amid a growing virus outbreak. T... More »
MANILA (Reuters) – Philippine financial markets were shut on Monday to ensure the safety of employees and traders after a volcano near Manila spewed huge volumes of ash that drifted across the nation’s capital. The suspensions cover stocks, fixed-income, and d... More »
WASHINGTON (Reuters) – The White House is expected to nominate Caroline Crenshaw, a Democratic attorney at the U.S. Securities and Exchange Commission, to fill an SEC seat being vacated next year by Democratic Commissioner Robert Jackson, according to three pe... More »
LONDON (Reuters) – Turnover on some of the world’s biggest currency-trading venues has dropped as falling market volatility prompts some global banks to route more volumes onto their internal platforms, the Bank for International Settlements said in a quarterl... More »
RIYADH (Reuters) – Saudi Aramco’s weighting in Saudi Arabia’s main stock index once the oil giant has listed shares is not expected to breach the maximum limit set by the Gulf kingdom’s Tadawul exchange, a senior executive said on Sunday. “There is a ceiling f... More »
LONDON (Reuters) – Britain’s markets watchdog has proposed banning auto dealers and brokers from receiving commission linked to interest rates on loans used to finance car purchases, a step it said would save consumers 165 million pounds ($208.4 million) annua... More »
(Reuters) – Fidelity Investments on Thursday eliminated commissions on online trades of U.S. stocks, exchange traded funds (ETFs) and options, becoming the latest brokerage to cut trading fees to compete with new entrants in the market. Last week, rivals Charl... More »
(Reuters) – Nasdaq Inc (NDAQ.O) is cracking down on initial public offerings (IPOs) of small Chinese companies by tightening restrictions and slowing down their approval, according to regulatory filings, corporate executives and investment bankers. Nasdaq’s at... More »
LONDON (Reuters) – The Hong Kong Exchanges and Clearing Limited has proposed a 31.6 billion pound ($39 billion) takeover of the London Stock Exchange (LSE.L), it said on Wednesday, just weeks after the London bourse announced a plan to merge with data company ... More »
HONG KONG (Reuters) – Hong Kong’s political unrest is posing a dilemma for Alibaba Group Holding Ltd (BABA.N) on the timing of its planned $15 billion listing in the city, with sources saying China’s biggest e-commerce company is now considering several timeta... More »
BEIJING (Reuters) – Chinese state media said on Sunday the United States has shipped several million tonnes of soybeans to China since the two countries’ leaders met in June, although U.S. government data shows that the volume was much less. The U.S.-China tra... More »
SINGAPORE (Reuters) – Singapore Exchange’s (SGXL.SI) regulatory unit is proposing imposing price limits for daily stock auctions to prevent incidents such as the $41 billion flash crash in January that briefly roiled shares in conglomerate Jardine Matheson (JA... More »
DUBAI (Reuters) – MSCI Inc said on Tuesday it would upgrade Kuwaiti equities to its main emerging markets index in 2020, a move that could trigger billions of dollars of inflows from passive funds. The index compiler will include the MSCI Kuwait index in the e... More »
SHANGHAI (Reuters) – Chinese asset managers are rushing to set up funds targeting Shanghai’s upcoming Nasdaq-style technology board, in a race likely to fuel concern that China’s speculative trading culture could lead to more price bubbles. Applications from m... More »
BOSTON (Reuters) – The founder of a Nevada-based company was arrested on Wednesday on federal charges he participated in a $6 million scheme to defraud people who wanted to buy a virtual currency called My Big Coin that he claimed was backed by gold. Randall C... More »
LONDON (Reuters) – Major banks are still not ready for a ‘no-deal’ Brexit as they grapple with delays in licences for new European Union businesses, staffing problems and snags in redrafting contracts. Despite thousands of staff working on preparations for mor... More »
HONG KONG (Reuters) – Aluminum giant Rusal said on Monday Jean-Pierre Thomas had resigned as chairman and director of the company as a pre-requisite for a decision by the United States to lift sanctions on the company. Shares in Hong Kong-listed Rusal jumped m... More »
TOKYO (Reuters) – As the developed world’s cheapest equity market and home to a rising breed of more profitable companies, the Japanese market should be a safe investment bet. Yet fund managers are bypassing it on fears ebbing global growth could knock Japan’s... More »
(Reuters) – Get ready for a long and ugly ride. On Friday, the Nasdaq Composite .IXIC closed almost 22 percent below its record high daily close on Aug. 29, signaling a nearly nine-and-a-half year bull market run for the index ended in late summer. That cumula... More »
SINGAPORE (Reuters) – SoftBank Group Corp (9984.T) is nearing a deal to invest $1.5 billion in Grab, three times a previously expected $500 million, as Southeast Asia’s biggest ride-hailing firm looks to expand, a person with knowledge of the matter said. Six-... More »
MOSCOW (Reuters) – The Moscow Exchange (MOEX.MM) has launched five new currency trading options to boost liquidity on its currency market, the bourse said on Monday. The Moscow Exchange said it had started quoting the Japanese yen against the Russian rouble, a... More »
WASHINGTON (Reuters) – The U.S. securities regulator on Thursday voted unanimously to propose easing its rules for approving low-risk exchange-traded funds (ETFs) in what could potentially be a major win for the $3.5 trillion market. The Securities and Exchang... More »
NEW YORK (Reuters) – A recent move by U.S. securities regulators demanding stock exchanges do a better job justifying price changes for public market data feeds could lead to more transparency around data costs, the head of one of the world’s largest trading f... More »
DALIAN/MANILA (Reuters) – China plans to open more of its futures contracts to foreign investors, a senior official said on Friday, as Beijing launched its “internationalised” iron ore contract as part of a bid to boost its sway over pricing of major commodity... More »
NEW YORK (Reuters) – Nasdaq Inc has asked regulators to allow it to give small companies a choice of trading on a single U.S. stock exchange, rather than all 13 of them, in an effort to make it easier for buyers and sellers of the stocks to find each other. Cu... More »
LONDON (Reuters) – The European Union has indicated that it is willing to provide some form of access for Britain’s vast financial services industry after Brexit, the City minister John Glen said on Monday. Glen said the transition deal agreed by Britain and t... More »
BEIJING (Reuters) – China’s HNA Group [HNAIRC.UL] will remain a “major investor” in Deutsche Bank (DBKGn.DE), the aviation-to-financial services conglomerate said in a statement on Monday, citing a company spokesman. HNA, which has been selling equity investme... More »
LONDON (Reuters) – The London Stock Exchange (LSE.L) named Goldman Sachs’ veteran David Schwimmer as chief executive officer on Friday, with an initial challenge of helping the 300-year-old institution to navigate Brexit. Analysts expressed relief that the LSE... More »
SHANGHAI (Reuters) – Shareholders holding stakes of at least 5 percent of the outstanding shares in a company will need to disclose any change in their holdings in excess of 1 percent, according to guidelines published Friday on the website of the Shanghai Sto... More »
NEW DELHI (Reuters) – Coinsecure, an Indian cryptocurrency exchange, said nearly $3 million were stolen from its bitcoin wallet, the biggest reported so far in the country’s fledgling virtual currency market. The theft is expected to further weaken trade in cr... More »
NEW YORK (Reuters) – Financial firms representing more than $1 trillion in assets under management have endorsed a U.S. regulator’s plan to test limiting the rebates and other incentives that stock exchanges can pay to brokers, a practice critics say creates c... More »
NEW YORK (Reuters) – A U.S. appeals court on Thursday revived a lawsuit by five Korean traders accusing the New York high-frequency trading firm Tower Research Capital LLC and its founder Mark Gorton of conducting illegal “spoofing” trades at their expense. Th... More »
LONDON (Reuters) – U.S. exchange operator CME Group has made a $5.5 billion offer to buy NEX Group to create a cross-border powerhouse for investors trading in the multi-trillion dollar foreign exchange and government debt markets. Shareholders in NEX, a finan... More »
FILE PHOTO: Cryptocurrency exchange Coincheck’s signboard is pictured in front of a building where their office is located in Tokyo, Japan February 2, 2018. REUTERS/Kim Kyung-Hoon/File Photo TOKYO (Reuters) – Japanese cryptocurrency exchange Coincheck Inc, ree... More »
Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 13, 2018. REUTERS/Dado Ruvic/Illustration TOKYO (Reuters) – Japan’s 16 government-registered cryptocurrency exch... More »
FILE PHOTO: Cryptocurrencies are seen on a website that tracks the value of initial coin offerings (ICO) in this illustration. REUTERS/Thomas White/Illustration/File Photo ZURICH (Reuters) – Switzerland’s financial watchdog will regulate some digital currency ... More »
FILE PHOTO: Bitcoin (virtual currency) coins are seen in an illustration picture taken at La Maison du Bitcoin in Paris July 11, 2014. REUTERS/Benoit Tessier SEOUL (Reuters) – South Korea said on Monday that North Korea last year stole cryptocurrency from the ... More »
FILE PHOTO: Women walk under a sign of Japan’s Financial Services Agency in Tokyo, Japan June 29, 2017. REUTERS/Issei Kato/File Photo TOKYO (Reuters) – Japan’s financial regulator on Friday swooped on Coincheck Inc with surprise checks of its systems and said ... More »
FILE PHOTO: A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration taken December 8, 2017. REUTERS/Benoit Tessier/Illustration/File Photo LONDON (Reuters) – Bitcoin fell 9 percent on Friday, leaving the best-known cryptocu... More »
FILE PHOTO: Workers hired by U.S. oil and gas company Apache Corp drill a horizontal well in the Wolfcamp Shale in west Texas Permian Basin near the town of Mertzon, Texas, U.S., October 29, 2013. REUTERS/Terry Wade/File Photo NEW YORK (Reuters) – Surging shal... More »
Cryptocurrency exchange Coincheck’s signboard is pictured in front of a building where their office is located, in Tokyo, Japan January 29, 2018. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Japan’s financial regulator on Monday ordered Coincheck to get its act to... More »
FILE PHOTO: A man walks past a building where Mt. Gox, a digital marketplace operator, is housed in Tokyo February 25, 2014. REUTERS/Toru Hanai TOKYO (Reuters) – Tokyo-based cryptocurrency exchange Coincheck Inc said on Sunday it would return about 46.3 billio... More »
(Reuters) – TMX Group’s (X.TO) head of equity capital markets, Nicholas Thadaney, is leaving Canada’s biggest stock exchange operator after a reorganization of the company, Chief Executive Officer Lou Eccleston said. Thadaney’s role as president and CEO of cap... More »
Injured people are treated outside the Indonesian Stock Exchange building following reports of a collapsed structure inside the building in Jakarta, Indonesia January 15, 2018. REUTERS/Darren Whiteside JAKARTA (Reuters) – A mezzanine floor overlooking the main... More »
FILE PHOTO: A Bitcoin logo is seen on a cryptocurrency ATM in Santa Monica, California, U.S., January 4, 2018. REUTERS/Lucy Nicholson/File Photo SEOUL (Reuters) – South Korea said on Monday that its plans to ban virtual coin exchanges had not yet been finalize... More »
FILE PHOTO: The BlackRock logo is seen at the BlackRock Japan headquarters in Tokyo, Japan, October 20, 2016. REUTERS/Toru Hanai/File Photo (This January 11 story, corrects name of firm in headline, 1st, 2nd, 4th and 10th paragraphs to Alliance Bernstein from ... More »
A man walks past an electric board showing exchange rates of various cryptocurrencies at Bithumb cryptocurrencies exchange in Seoul, South Korea, January 11, 2018. REUTERS/Kim Hong-Ji SEOUL (Reuters) – With a tech-savvy population quick to adopt the latest gad... More »
FILE PHOTO: The BlackRock logo is seen at the BlackRock Japan headquarters in Tokyo, Japan, October 20, 2016. REUTERS/Toru Hanai/File Photo NEW YORK (Reuters) – Electronic trading is becoming increasingly important when it comes to corporate debt as fund manag... More »
A Bitcoin logo is seen on a cryptocurrency ATM in Santa Monica, California, U.S., January 4, 2018. REUTERS/Lucy Nicholson NEW YORK (Reuters) – The going is getting tough for U.S. companies hoping to win the race to bring a bitcoin exchange-traded fund to marke... More »
FILE PHOTO: A copy of bitcoin standing on PC motherboard is seen in this illustration picture, October 26, 2017. REUTERS/Dado Ruvic/File Photo TOKYO (Reuters) – Cryptocurrency bitcoin tumbled below $14,000 briefly on the Bitstamp exchange BTC=BTSP on Friday, d... More »
FILE PHOTO: A copy of bitcoin standing on PC motherboard is seen in this illustration picture, October 26, 2017. REUTERS/Dado Ruvic/File Photo NEW YORK/SYDNEY (Reuters) – Bitcoin futures received a lukewarm reception at its launch on the CME Group Inc on Sunda... More »
SEOUL (Reuters) – South Korea’s finance minister said on Monday that relevant ministries are in talks to decide whether trading of bitcoins should be regulated. “We’re looking at its speculative nature, as well as situation in other countries as we review,” Ki... More »
(Reuters) – Cboe Global Markets Inc and CME Group Inc will launch futures contracts on bitcoin on Dec. 10 and Dec. 17 respectively. Here are some of the differences between the products to be offered by the exchange operators. CONTRACT UNIT -The Cboe Bitcoin F... More »
A general view shows the aerial subway and the city rooftops in Paris February 24, 2015. REUTERS/Gonzalo Fuentes PARIS/LONDON (Reuters) – The surprise decision to move the European Banking Authority to Paris will boost its chances of attracting London banks af... More »
The European Central Bank should scrap plans for industry-wide rules to force banks to clean up bad loans, the head of the European Parliament's influential economic affairs committee said on Friday, as lawmakers dug in their heels in a dispute. More »
London Stock Exchange Group (LSE.L) will fix a date within three weeks for a shareholder vote on the removal of Chairman Donald Brydon and retention of CEO Xavier Rolet at the behest of activist investor TCI Fund Management, it said on Friday. More »
The U.S. Securities and Exchange Commission has taken the first step in formally establishing an advisory committee to scrutinize the rules of the fixed income market and advise on potential reforms, according to a regulatory filing. More »
Former CIA director James Woolsey pitched a $10 million contract to two Turkish businessmen to help discredit a controversial U.S.-based cleric while Woolsey was an adviser to Donald Trump's election campaign, three people familiar with the proposal said. More »
Britain's financial watchdog said it had fined Bank of America's Merrill Lynch 34.5 million pounds ($45.5 million) for failing to report 68.5 million exchange traded derivative transactions between February 2014 and 2016. More »
Japan's Financial Services Agency said on Friday it has approved 11 companies as operators of cryptocurrency exchanges, in a move that sets the country apart from its neighbors which are tightening their grip on virtual money. More »
Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years if the UK is denied access to Europe's single market, according to a Reuters survey of firms employing the bulk of workers in international finance. More »
Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years if the UK is denied access to Europe's single market, according to a Reuters survey of firms employing the bulk of workers in international finance. More »
European shares rose on Monday, led by insurers as the downgrade of Hurricane Irma in the United States raised the prospect that costs for the industry may be lower than initially feared. More »
China's largest bitcoin exchanges said on Monday they were still awaiting clarification from the government following more media reports that Beijing was planning to ban trading of virtual currencies on domestic exchanges. More »
Europe's regulators are competing to hire risk specialists to prepare for an influx of banks escaping Brexit, nudging up salaries and stretching staff budgets. More »
China's Bitcoin exchanges said on Saturday they are still awaiting clarification from the authorities on a media report that they will be shut down. More »
Demand for exchange-traded funds that would provide exposure to cryptocurrencies like bitcoin is strong, but regulators will likely wait until the underlying market matures more before approving such products, a panel of securities industry experts said on Fri... More »
The U.S. firm behind an effort to start an exchange-traded fund based on the cryptocurrency ether said on Thursday it planned to refile an application to list the security on Intercontinental Exchange Inc's NYSE Arca exchange after an initial filing was withdr... More »
Hong Kong needs to find new ways to attract so-called new-economy companies to stay competitive, Charles Li, chief executive of bourse operator Hong Kong Exchanges & Clearing Ltd (HKEX) (0388.HK), told Reuters on Tuesday. More »
Hong Kong Exchanges & Clearing Ltd (HKEX) (0388.HK) is still in talks with oil giant Saudi Aramco, with the bourse's planned IPO investment link with China key to clinching the potential listing, Chief Executive Charles Li told Reuters on Tuesday. More »
A planned index fund is hoping to "make America great again" by investing in companies that support the Republican Party. More »
Samsung Electronics Vice Chairman Jay Y. Lee has filed an appeal against the five-year jail term he was given for bribery and other charges through his lawyer, according to the Seoul Central District Court's website on Monday. More »
Investors who place wagers on the direction of interest rates got a new set of U.S.-listed investment products on Wednesday, but their complexity may prove an obstacle to them gaining broad acceptance. More »
Saudi Arabia favours New York for the main foreign listing of state oil giant Aramco, even though some financial and legal advisers have recommended London as a less problematic and risky option, people familiar with the matter told Reuters. More »
The front of the New York Stock Exchange (NYSE) with a Snap Inc. logo hung on the front of it stands shortly before the company’s IPO in New York, U.S., March 2, 2017. The S&P 500 .SPX will start excluding companies that issue multiple classes of shares, manag... More »
French payments company Worldline has agreed to buy Swedish peer Digital River World Payments as merger activity in the payments sector picks up following this month’s takeover of Worldpay. More »
The sign outside the Wells Fargo & Co. bank in downtown Denver April 13, 2016. Britain’s Equiniti Group Plc said it would buy Wells Fargo & Co’s share registration business for $227 million as it looks to enter the United States, the largest and most active sh... More »
Buildings are reflected on the glass windows of the NSE (National Stock Exchange) building in Mumbai, India, December 27, 2016. REUTERS/Shailesh Andrade Trading was disrupted at India’s National Stock Exchange on Monday morning, after price quotations for indi... More »
FTSE Russell is likely to restrict the inclusion of companies with unequal voting rights in some of its equity indexes, to address investor concerns over falling corporate governance standards, the CEO of the world’s largest index company said. More »
Hong Kong Chief Executive Carrie Lam speaks at the opening ceremony of Bond Connect at Hong Kong Exchanges in Hong Kong, China July 3, 2017. REUTERS/Bobby Yip China and Hong Kong launched a long-awaited “Bond Connect” scheme on Monday that links China’s $9 tri... More »
Tradeweb, a fixed-income trading platform, will connect with China Foreign Exchange Trading System (CFETS) to be the main interface for offshore investors trading in China’s bond market through the country’s upcoming “Bond Connect” scheme, the company said on ... More »
The MSCI logo is seen in this June 20, 2017 illustration photo. REUTERS/Thomas White/Illustration MSCI’s decision to add Chinese shares to a key benchmark is a major milestone, but investors say it will be a long and rocky road ahead before the might of the wo... More »
FILE PHOTO: A man shelters under an umbrella as he walks past the London Stock Exchange in London, Britain August 24, 2015. REUTERS/Suzanne Plunkett/File Photo Recovering technology stocks gave European shares another leg up on Wednesday, while deal chatter se... More »
European Central Bank President Mario Draghi listens during a news conference following the Governing Council meeting in Tallinn, Estonia, June 8, 2017. REUTERS/Ints Kalnins Euro zone bond yields hit multi-month lows and the euro dipped below $1.12 on Thursday... More »
A sticker reading ”Bitcoin accepted here” is displayed at the entrance of the Stadthaus town hall in Zug, Switzerland, August 30, 2016. REUTERS/Arnd Wiegmann Digital currency bitcoin hit a fresh record high on Wednesday, surging above $2,400, as demand for cry... More »
Electronic trading houses Citadel Securities and XTX have joined top global banks in signing up to blockchain currency settlement venture Cobalt, they said on Thursday, in what could be one of the first large-scale financial market uses of the technology. More »
A view of the exterior of the Nasdaq market site in Times Square after the Nasdaq breached the 6,000 mark for the first time ever on Tuesday, in New York City, NY, U.S. April 25, 2017. REUTERS/Shannon Stapleton Short interest on the Nasdaq rose 0.5 percent in ... More »
Jay Clayton is sworn in to testify at a Senate Banking, Housing and Urban Affairs Committee hearing on his nomination of to be chairman of the Securities and Exchange Commission (SEC) on Capitol Hill in Washington, U.S. March 23, 2017. REUTERS/Jonathan Ernst W... More »
