Richard Grasso


Richard Grasso News

  • Virtu Filing Shines Light on High-Frequency Trading

    High-frequency trading, a business that has been shrouded in secrecy because its biggest firms were private, is coming out of the dark.

  • Grasso to Rudloff Cite Egyptian Need to Gain Public Confidence in Markets

    Six days after Hosni Mubarak ceded control of Egypt to the military, the nation’s financial markets remain in disarray.

  • Grasso Says NYSE Needs to ‘Globalize’ Franchise to Include Asia

    NYSE Euronext , the biggest operator of U.S. equity exchanges, must expand into Asia after agreeing to be purchased by Frankfurt-based Deutsche Boerse AG , said Richard Grasso , the former chairman and chief executive officer of the New York Stock Exchange.

  • Richard Grasso on Romney, High-Frequency Trading

    June 21 (Bloomberg) -- Richard Grasso, former chairman and chief executive officer of the New York Stock Exchange, talks about Republican presidential candidate Mitt Romney. Grasso, speaking with Betty Liu on Bloomberg Television's "In the Loop," also discusses high-frequency trading and regulatory oversight of exchanges. (Source: Bloomberg)

  • NYSE Cedes Autonomy to 12-Year-Old Market

    The owner of the New York Stock Exchange, whose trading floor helped fuel Warren Buffett’s fortune and financed industries from shipping to semiconductors, is about to be bought by a 12-year-old energy market operator founded with money from a legal settlement.

  • Dewey, McDermott, Patton Boggs, Quinn Emanuel: Business of Law

    Dewey & LeBoeuf LLP co-chairmen Jeffrey Kessler and Richard Shutran left to join rival law firms, leaving just two members of Dewey’s new chairman’s office in place.

  • Goldman's Legal Defense Amounts to `Buyer Beware'

    Goldman Sachs Group Inc. has signaled it will fight a U.S. lawsuit over subprime mortgage instruments the same way Bank of America Corp.’s Merrill Lynch unit and UBS AG have challenged similar claims -- by invoking the concept of caveat emptor: Latin for buyer beware.

  • NYSE Bell Tolls for Exchange That Fell Behind

    The name on the building will remain and the opening bell will continue to ring every trading day. But an era is about to end, sadly, with the agreement by the New York Stock Exchange to sell itself to IntercontinentalExchange Inc.

  • IntercontinentalExchange to Acquire NYSE for $8.2 Billion

    IntercontinentalExchange Inc., the 12-year-old energy and commodity futures bourse, agreed to acquire NYSE Euronext for cash and stock worth $8.2 billion, moving to take control of the world’s biggest equities market.

  • NYSE Death as Dominant Exchange Presaged German Deal

    The New York Stock Exchange , the symbol of American capitalism for more than a century, may merge with a German rival after losing ground to smaller competitors.

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