Larry Leibowitz, who was the chief operating officer at the New York Stock Exchange’s parent, plans to leave IntercontinentalExchange Group Inc. by the end of 2013 now that the takeover of the company is complete, according to two people with knowledge of his plans.
Twitter Inc.’s trading debut went off without any of the destabilizing computer hitches that plagued Facebook Inc. 18 months ago, handing a win to the New York Stock Exchange as it tries to lure technology listings.
Eighteen months after Facebook Inc.’s initial public offering was crippled by a Nasdaq OMX Group Inc. computer, equity markets get a shot at redemption tomorrow when the New York Stock Exchange hosts the debut of Twitter Inc.
NYSE Euronext, the biggest U.S. stock exchange owner, is willing to consider major changes to how it does business as part of a discussion on reworking the structure of American markets, according to Chief Executive Officer Duncan Niederauer.
On the morning of Sept. 12, executives of the nation’s major stock and options exchanges traveled to Washington to meet with Securities and Exchange Commission Chairman Mary Jo White. The summons was prompted by a rash of technical glitches on the exchanges, the most glaring of which hit on Aug. 22, when a software failure forced the Nasdaq to halt trading for three hours.