John McCrank

Exchange CEOs meet regulators on dark pools, internalizers

August 24, 2021 at 7:20 a.m.

NEW YORK/WASHINGTON (Reuters) - The chief executives of three of the top exchanges met with regulators in Washington DC on Tuesday to express concerns about the negative effects associated with...

Citi files claim with Nasdaq for compensation from Facebook IPO: sources

August 24, 2021 at 7:14 a.m.

NEW YORK (Reuters) - Citigroup has filed a claim with Nasdaq OMX Group to potentially receive compensation for losses associated with Facebook Inc's glitch-ridden market debut last May, according to...

Nasdaq to buy eSpeed platform for $750 million

August 24, 2021 at 6:52 a.m.

(Reuters) - Nasdaq OMX Group Inc agreed to buy electronic Treasuries-trading platform eSpeed from BGC Partners Inc for $750 million in cash, providing the exchange operator an entry into one...

U.S. approves Nasdaq payback plan for Facebook IPO, UBS unhappy

August 24, 2021 at 6:31 a.m.

(Reuters) - Regulators approved Nasdaq OMX Group's $62 million compensation plan for firms that lost money in Facebook Inc's glitch-ridden market debut, a victory for the exchange operator that also...

Nasdaq talked with Carlyle about going private: sources

August 24, 2021 at 4:07 a.m.

NEW YORK (Reuters) - Private equity firm Carlyle Group recently approached Nasdaq OMX Group about taking the exchange operator private, but the talks fell apart over a disagreement on price,...

NYSE and BIDS to end block trading joint venture

August 24, 2021 at 3:58 a.m.

NEW YORK (Reuters) - NYSE Euronext plans to shut down the New York Block Exchange, a joint venture with dark pool operator BIDS Trading for executing large "block" trades because...

Knight Capital Group to cut workforce by 5 percent

August 24, 2021 at 3:41 a.m.

(Reuters) - Knight Capital Group, which recently agreed to be bought for $1.4 billion by Getco Holding Co, will lay off 5 percent of its global workforce as part of...

Nasdaq realigns software unit, hires new CIO

August 24, 2021 at 2:24 a.m.

NEW YORK (Reuters) - Nasdaq OMX Group said on Thursday it is combining its software and market technology units as the exchange operator looks to sell more services to the...

Debt ceiling no place for stand on spending: Nasdaq’s Greifeld

August 24, 2021 at 1:52 a.m.

NEW YORK (Reuters) - The U.S. borrowing limit should not be used as leverage by members of Congress to force the Obama administration to cut spending as there will be...

Data-feed glitch leaves some traders in dark on Nasdaq prices

August 24, 2021 at 1:38 a.m.

NEW YORK (Reuters) - A technical glitch caused an outage of around 15 minutes on real-time prices for Nasdaq listed stocks, including Apple Inc and Google Inc , for many...

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