Edition:
India

John McCrank

Senators seeking China ban for federal pension plan dispute critics

27 Nov 2019

NEW YORK The U.S. lawmakers behind a bill to stop a large federal retirement pension plan from investing in a fund that includes China-listed shares said the pension plan's administrators are being misleading about what their bill entails.

Federal pension fund says bill banning China investment is discriminatory

22 Nov 2019

NEW YORK The group overseeing a large U.S. federal pension fund said recent legislation aimed at preventing it from investing in China-based companies will deprive its participants of a significant opportunity for retirement returns if passed.

Exchanges file rules with U.S. SEC aimed at spurring ETF market

21 Nov 2019

NEW YORK, Nov 20 U.S. stock exchange operators have filed plans with the U.S. Securities and Exchange Commission aimed at lowering the cost and speeding up the process of launching new exchange-traded funds, which could give a boost to the more-than $3 trillion market.

NYSE Chicago lowers fees, eliminates rebates

14 Nov 2019

NEW YORK New York Stock Exchange affiliate NYSE Chicago has lowered its transaction fees and eliminated rebate payments following the exchange's transition to a new technology platform, according to a regulatory filing.

Federal pension fund to include China investments, bucking political pressure

14 Nov 2019

NEW YORK A pension fund for federal workers on Wednesday said it will begin tracking a benchmark that includes China-listed companies, despite strong opposition from a bipartisan group of Senators.

Cboe takes aim at retail stock orders as profits rise

01 Nov 2019

Cboe Global Markets Inc on Friday launched a service aimed at wooing retail stock orders, as the exchange operator posted better-than-expected third-quarter results, boosted by higher trading volume in its proprietary products.

UPDATE 2-Cboe takes aim at retail stock orders as profits rise

01 Nov 2019

Nov 1 Cboe Global Markets Inc on Friday launched a service aimed at wooing retail stock orders, as the exchange operator posted better-than-expected third-quarter results, boosted by higher trading volume in its proprietary products.

New Wall Street-backed exchange MEMX eyes mid-2020 launch

01 Nov 2019

NEW YORK, Oct 31 The Members Exchange (MEMX), a new would-be bourse backed by major Wall Street firms, that aims to take on the New York Stock Exchange and Nasdaq Inc by way of lower fees, has filed its application with regulators and aims to launch by mid-2020.

ICE feels regulatory freeze on NYSE, overall profits rise

31 Oct 2019

Intercontinental Exchange Inc does not expect market data sales from the New York Stock Exchange to contribute to near-term revenue growth due to regulatory and legal gridlock, the company said on Thursday after posting better-than-expected quarterly profits.

UPDATE 2-ICE feels regulatory freeze on NYSE, overall profits rise

31 Oct 2019

Oct 31 Intercontinental Exchange Inc does not expect market data sales from the New York Stock Exchange to contribute to near-term revenue growth due to regulatory and legal gridlock, the company said on Thursday after posting better-than-expected quarterly profits.

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