CBOE Holdings Inc., the largest U.S. options market by volume, rose for an eighth day and for the 29th time in 33 sessions amid speculation takeovers will accelerate the 12 percent rally in exchanges this year.
For CME Group Inc. to improve the exchange industry’s worst profit outlook, the owner of the Chicago Mercantile Exchange needs only to look across the street to CBOE Holdings Inc., home of the biggest U.S. options market.
MF Global Holdings Ltd., the futures broker that had its credit rating cut yesterday to the lowest investment grade, reported its largest-ever quarterly loss, sending shares down the most since March 2008.
A group of Canadian banks and pensions raised their offer for the owner of the Toronto Stock Exchange, intensifying a bidding war hours after London Stock Exchange Group Plc agreed to pay a special dividend should its takeover of TMX Group Inc. agreement succeed.
Some of Canada’s biggest financial institutions gained ownership of the country’s main stock exchanges, derivatives bourse and securities clearing house after sealing a C$3.73 billion ($3.71 billion) takeover of the Toronto Stock Exchange owner.
Nasdaq OMX Group Inc., operator of the second-biggest U.S. stock exchange, will take its $11.3 billion unsolicited bid for NYSE Euronext to shareholders after its directors rejected the offer in favor of their merger agreement with Deutsche Boerse AG.