Industry Summits
Battle over IPO listings to heat up
NEW YORK (Reuters) - The initial public offerings market might still be cool despite a few recent deals, but the main North American stock exchanges are already wooing companies so they can snag new listings and the revenues and branding that IPOs bring once the market recovers. Full Article
Private exchanges looking to turn back clock
NEW YORK (Reuters) - A new era in stock exchanges may be on the horizon -- and it looks something like the past, when a small handful of owners ran important capital markets. Full Article
Investor says CBOE could fetch $3.5 billion
NEW YORK (Reuters) - Prominent exchanges investor Thomas Caldwell said on Wednesday that the Chicago Board Options Exchange could fetch as much as $3.5 billion once it settles a long-standing legal dispute that has delayed its plans to become a shareholder-owned exchange. Full Article
Sign up here to be alerted via email about top news broken from these exclusive interviews, as well as the list of guests for upcoming Reuters Summits.
Stock exchange execs see higher volumes
NEW YORK (Reuters) - Stock trading volume is expected to blossom as fast electronic trading firms boost liquidity and signs suggest a global economic recovery may be on the way, the heads of North America's top exchanges say. Full Article
Brodsky: Treasury tax plan hurts market makers
CHICAGO (Reuters) - The head of the Chicago Board Options Exchange said the Obama administration's proposal to end preferential tax treatment for derivative traders would raise the option market maker's cost of doing business, which could lead to wider bid/ask spreads and reduced liquidity. Full Article
Exchange buysider sees mergers among small venues
NEW YORK (Reuters) - Consolidation in the trading world will first sweep the smaller alternative venues, followed possibly by more among larger exchanges, the founder of a major exchange investment firm said on Wednesday. Full Article
Exchanges in disarray over short sale curbs
NEW YORK (Reuters) - Major exchanges disagreed on how and whether U.S. regulators should clamp down on short selling, which has been blamed for worsening the financial crisis by driving down stock prices. Full Article
Trading start-ups to merge as profits too low
LONDON (Reuters) - A raft of start-up trading platforms in Europe are struggling to make money as they scramble for market share and consolidation looks increasingly likely, market participants said this week. Full Article
TMX CEO sees secondaries surge
NEW YORK (Reuters) - TMX Group Chief Executive Thomas Kloet said on Wednesday that he sees secondary offerings by companies listed in Canada surging this year and early into 2010, particularly in the oil, gas and mining sectors as commodities prices begin to recover. Full Article | Video
Price war among clearing houses widens M&A door
LONDON (Reuters) - European clearing houses, already attracting takeover attention, could see consolidation as a price war intensifies pressure to achieve economies of scale. Full Article
More Global Exchanges and Trading News
Speakers
What are Summits?
Reuters Summits are your direct link to top business leaders, investors and regulators. Our journalists interview heavyweights in a particular industry, spin out hard-hitting breaking news and sharp analysis that can often move markets. If you want to understand what the insiders are thinking, look for Reuters Summits. Launch Full Video
| India Investment | Nov 23 - 25 | Mumbai, Bangalore |
| Global Media | Nov 30 - Dec 3 | New York, London, Asia |
| Investment Outlook | Dec 8 - 10 | New York, London |
| Aerospace and Defense | Dec 14 - 16 | Washington, DC |
