U.S. options clearer moves to end trade type dominated by Nasdaq

By Reuters

The clearinghouse for all stock options said Thursday it will adopt a policy aimed at abolishing a dividend-linked trading strategy that critics say could destabilize markets if left unchecked. (May 24)

Investment firms sue exchanges in dispute on improper fee charges

By Reuters

A group of investment firms including Citadel Securities LLC sued the Chicago Board Options Exchange Inc and four other exchanges on Wednesday for improper charges on millions of options trades over a seven-year period. (May 23)

MORE TOPICS: GOLDMAN SACHS, NYSE, NYSE EURONEXT, COURT, NEW YORK, LAWYER

Treasury chief to meet with Wall Street executives

By Reuters

Treasury Secretary Jack Lew will meet with Wall Street and business executives in New York on Thursday evening to discuss issues, including how to strengthen the U.S. economic recovery and further reduce the deficit, an official said. (May 03)

MORE TOPICS: CHINA, UNEMPLOYMENT, JPMORGAN CHASE, PEPSICO, NEW YORK, MANAGEMENT

Nasdaq says small firms should be able to trade on single venue

By Reuters

Exchange operator Nasdaq OMX Group <NDAQ.O> wants small and emerging companies listing shares on the public markets to be allowed to choose to be traded only on the venue where they are listed so buyers and sellers have an easier time connecting. (May 02)

MORE TOPICS: SEC, NYSE, NEW YORK

Facebook and banks ask U.S. judge to throw out IPO lawsuit

By Reuters

Facebook Inc, its Chief Executive Mark Zuckerberg and dozens of banks asked a federal judge to throw out a lawsuit accusing the social media company of misleading investors about its financial condition before its $16 billion initial public offering a year ago. (May 01)

MORE TOPICS: SEC, MORGAN STANLEY, MARK ZUCKERBERG, CALIFORNIA, FACEBOOK, COURT

Nasdaq plans to launch ETP trading platform in May

By Reuters

Exchange operator Nasdaq OMX Group <NDAQ.O> said on Monday it will relaunch PSX, its third trading platform, in May with a specific focus on exchange-traded products . (Apr 30)

MORE TOPICS: NASDAQ STOCK MARKET

Nasdaq earnings fall on charges related to Facebook IPO

By Reuters

Nasdaq OMX Group Inc <NDAQ.O> reported on Wednesday a lower first-quarter profit, as the transatlantic exchange operator set aside cash to reimburse firms harmed in Facebook Inc's <FB.O> botched market debut last May. (Apr 24)

MORE TOPICS: FACEBOOK

EU regulators to examine ICE, NYSE Euronext merger

By Reuters UK

EU antitrust regulators will examine IntercontinentalExchange Inc's <ICE.N> $8.2 billion (5.3 billion pounds) takeover of NYSE Euronext <NYX.N> in line with a request from the exchange operators themselves, a spokesman for the European Commission said on Wednesday. (Apr 24)

MORE TOPICS: NYSE, NYSE EURONEXT, PORTUGAL, NEW YORK, LONDON

Nasdaq may set aside $10 million to settle probe on Facebook IPO: WSJ

By Reuters

Nasdaq OMX Group Inc <NDAQ.O> is planning to set aside $10 million in anticipation of settling a probe over its botched handling of Facebook Inc's <FB.O> initial public offering last year, the Wall Street Journal reported, citing people familiar with Nasdaq internal discussions. (Apr 24)

MORE TOPICS: SEC, FACEBOOK, SETTLEMENT

Credit Suisse's Crossfinder dark pool gets darker

By Reuters UK

Credit Suisse AG <CSGN.VX> has stopped voluntarily disclosing the amount of trading volume on its Crossfinder platform, the world's largest dark pool, highlighting the debate over the transparency of U.S. equities markets. (Apr 20)

MORE TOPICS: CITIGROUP, SEC, NYSE, NYSE EURONEXT, AUSTRALIA, CREDIT SUISSE