Edition:
India

John McCrank

Bakkt says bitcoin futures testing to begin in July

13 Jun 2019

NEW YORK Bakkt, the startup cryptocurrency platform affiliate of New York Stock Exchange-owner Intercontinental Exchange Inc, said on Thursday it would begin letting users test two physically-settled bitcoin futures contracts on July 22.

SEC sets dates for first phase of disputed exchange pricing plan

22 May 2019

NEW YORK The U.S. Securities and Exchange Commission said it will begin the first phase of a plan aimed at evaluating how stock exchange fees and incentives affect how brokers trade, even as several exchanges sue the regulator in an attempt to kill the experiment.

SEC tells exchanges to better justify the fees they charge

22 May 2019

NEW YORK The U.S. Securities and Exchange Commission has told equities exchanges they must clearly describe and justify how they set their fees, including how they charge for market data and connectivity, potentially limiting future revenue growth.

ICE gets CFTC nod for 'speed bump' on U.S. futures exchange

16 May 2019

NEW YORK, May 15 Intercontinental Exchange Inc can introduce the first "speed bump" in the U.S. futures markets, the Commodity Futures Trading Commission said on Wednesday, prompting concerns by some market participants that market quality will suffer as a result.

Tradeweb reports dip in earnings on higher expenses

10 May 2019

NEW YORK Tradeweb Markets Inc on Thursday reported a drop in earnings for the first quarter as higher expenses at the newly public electronic trading platform operator outweighed a jump in revenue.

CORRECTED-Tradeweb reports dip in earnings on higher expenses

10 May 2019

NEW YORK, May 9 Tradeweb Markets Inc on Thursday reported a drop in earnings for the first quarter as higher expenses at the newly public electronic trading platform operator outweighed a jump in revenue.

Citi closes CitiCross 'dark pool' amid equities unit review

06 May 2019

NEW YORK, May 6 A unit of Citigroup Inc has shut down one of its private stock trading venues, often referred to as dark pools, as part of a broader review of the bank's equities business, the bank said on Monday.

NYSE-owner ICE cool with crypto 'winter' as profits climb

02 May 2019

The collapse in value of cryptocurrencies came at on opportune time for Intercontinental Exchange Inc, allowing the exchange operator to buy assets at a discount for its long-awaited crypto-trading platform affiliate Bakkt, the head of the company said on Thursday.

UPDATE 2-NYSE-owner ICE cool with crypto "winter" as profits climb

02 May 2019

May 2 The collapse in value of cryptocurrencies came at on opportune time for Intercontinental Exchange Inc , allowing the exchange operator to buy assets at a discount for its long-awaited crypto-trading platform affiliate Bakkt, the head of the company said on Thursday.

CME first quarter earnings top estimates on expenses

01 May 2019

NEW YORK CME Group Inc, one of the world's largest exchange operators, on Wednesday reported higher-than-expected quarterly earnings, as tight expense management following the company's acquisition of NEX Group helped offset lower trading volumes.

World News