Trading in short-term interest-rate futures on Nasdaq OMX Group Inc.’s NLX European exchange is increasing, reflecting market share gains while IntercontinentalExchange Group Inc. moves Liffe onto its platform.
Every business day in London, five banks meet to set the price of gold in a ritual that dates back to 1919. Now, dealers and economists say knowledge gleaned on those calls could give some traders an unfair advantage when buying and selling the precious metal.
Agricultural futures markets need global regulation because price swings are damaging producers and consumers, French President Nicolas Sarkozy said, a week before G-20 ministers meet to discuss global food supply.
The criminal complaint is lurid, describing not just a murder plot but also a den of iniquity in which all manner of illicit substances and services were for sale: cocaine, heroin, LSD, pot, forged legal documents, tools for hacking into computers and a variety of ne’er-do-wells for hire.
Winton Capital Management Ltd., the $24.5 billion hedge-fund firm founded by David Harding, said profit plunged 64 percent last year after its main fund posted just its second annual decline since starting in 1997.
Rules governing U.S. equities trading should be pared back because regulations have made the market vulnerable to breakdowns, according to a senior executive at the company poised to buy the New York Stock Exchange.