Robert Greifeld News
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The U.S. Securities and Exchange Commission shouldn’t encourage the creation of a separate stock exchange for small public companies, the head of NYSE Euronext told an SEC advisory committee today.
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U.S. Treasury Secretary Jacob J. Lew will meet tonight with Wall Street executives after convening several economists earlier this week to discuss challenges facing the labor market including long-term unemployment.
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Nasdaq OMX Group Inc., the second- largest U.S. stock exchange, reported first-quarter profit that exceeded analysts’ estimates as revenue from information services and technology increased.
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Robert Greifeld, the chief executive officer of Nasdaq OMX Group Inc., received 18 percent more in compensation for 2012 even as his bonus was reduced due to the mishandling of the Facebook Inc. initial public offering.
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Nasdaq OMX Group Inc. shares declined the most since November 2008 after the acquisition of eSpeed, an electronic platform for trading U.S. Treasury bonds, raised concern about its credit rating.
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For Nasdaq OMX Group Inc., the benefits of expanding into electronic bond trading justify the risk of a lower credit rating.
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Nasdaq OMX Group Inc. will buy eSpeed, the electronic trading system for U.S. Treasuries, from BGC Partners Inc. for about $750 million in cash, giving the second-largest U.S. stock market a foothold in fixed income.
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Regulators cleared Nasdaq OMX Group Inc.’s plan to pay $62 million to compensate brokers for its mishandling of Facebook Inc.’s public debut, dealing a defeat to Wall Street firms that say they lost many times that amount.
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Nasdaq OMX Group Inc. is seeking a minority stake in LCH.Clearnet Group Ltd., Nasdaq Chief Executive Officer Robert Greifeld said.
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Nasdaq OMX Group Inc.’s failure to acquire NYSE Euronext is giving Robert Greifeld an opportunity to succeed at buying the exchange he’s always wanted -- at a discount of almost 30 percent.
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