The biggest-ever overhaul of European energy derivatives rules is poised to pit Nasdaq OMX Group Inc. against the European Energy Exchange AG in Germany as the share of power handled by bourses increases.
As Europe’s recession recedes, trading via brokers in the $74 billion carbon emissions market is plunging amid a record glut in the commodity Richard Sandor once predicted to reach the highest volume in the world.
IntercontinentalExchange Group Inc. plans to sell as much as 30 percent of Euronext NV before the operator of the Paris and Amsterdam exchanges goes public this year, three people with knowledge of the matter said.
Hong Kong’s futures and options market operator said traders will need to put up additional collateral when using some U.S. Treasury bills to back their positions, citing concern the U.S. is at risk of a default.
Nasdaq OMX Group Inc. Chief Executive Officer Robert Greifeld said he’s not engaged in merger talks with London Stock Exchange Group Plc or Euronext NV, the European market operator on the verge of being spun off.