Posts written by Suzanne Cosgrove

Tokyo Stock Exchange, Inc.

Tokyo Stock Exchange, Inc.

Tokyo Stock Exchange President and Chief Executive Koichiro Miyahara has resigned, taking responsibility for a technical outage that shut TSE for a full day in October. Akira Kiyota, chief executive of the Japan Exchange Group, will take over.

Janet L. Yellen

Janet L. Yellen

Economist Janet Yellen, chair of the Federal Reserve Board from 2014 to 2018, is expected to be named as Treasury secretary by President-elect Joe Biden when he takes office. If approved, Yellen will be the first woman to head Treasury.

Gay Huey Evans

Gay Huey Evans

London Metals Exchange Chair Gay Huey Evans was named one of the top "100 Global Inspirational Women in Mining" in 2020 by the industry group Women in Mining UK, along with LME CSO Georgina Hallett.

Nodal Exchange

Nodal Exchange

The CFTC has OK'd a broader reach for Virginia-based Nodal Clear LLC, granting the organization the right to clear for other designated contract markets in addition to clearing power derivatives traded at the Nodal Exchange.

Preet Bharara

Preet Bharara

Former U.S. Attorney Preet Bharara, known for his prosecution of insider trading on Wall Street, is reportedly a contender to run the SEC under President-elect Joe Biden. Ex-CFTC Chairman Gary Gensler is also said to be in the running.

Trading Technologies International

Trading Technologies International

Talk that Trading Technologies International may be sold continues, with the latest report suggesting Goldman Sachs is interested in buying the Chicago-based fintech firm for $500 million.

TP ICAP

TP ICAP

TP ICAP plans to restructure its brokerage business to improve profit margins, a goal expected to include job cuts. The company said its Q3 2020 revenues were down 19% vs. Q3 2019 as volume declined amid the "economic dislocation" of the past nine months.

U.K. Financial Conduct Authority

U.K. Financial Conduct Authority

The UK's FCA warned it might diverge from EU financial market rules if European regulators fail to treat London’s stock exchanges equally. Uncertainty remains over whether the UK will qualify for EU market access rules when the Brexit transition expires.

Suzanne Cosgrove

Suzanne Cosgrove

Editor

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Suzanne Cosgrove is a journalist and communications professional who was formerly director of corporate communications at Cboe Global Markets. She is a contributing editor at John Lothian News.

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