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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.

Aquis Exchange Ltd

Aquis Exchange Ltd

Aquis Exchange has launched an incentive plan to reward its top market makers with equity in an attempt to narrow spreads and boost liquidity on its market growth stocks.

Euronext

Euronext

At the general meeting on November 20, shareholders of Euronext voted unanimously in favor of the exchange's acquisition of Borsa Italiana from the London Stock Exchange Group (LSEG).

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.

Deutsche Boerse Group

Deutsche Boerse Group

Deutsche Börse agreed to buy an 80% stake in Institutional Shareholder Services in a deal valuing ISS at €1.9bn. ISS advises big investors on how to vote at annual shareholder meetings.

Wells Fargo & Co.

Wells Fargo & Co.

Wells Fargo has partnered with the fintech firm HPR to provide a new electronic trading platform for quantitative hedge funds clients, the latest enhancement Wells Fargo has made to its prime brokerage division.

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.

Louis Dreyfus Group

Louis Dreyfus Group

Margarita Louis-Dreyfus, the Russian heiress who controls Louis Dreyfus, has agreed to sell a 45% stake in the commodity trader to the Abu Dhabi state-owned holding company ADQ, FT reports.

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.

Gary Gensler

Gary Gensler

President-Elect Joe Biden has reportedly tapped former regulator Gary Gensler for his transition team to lead its review of financial regulatory agencies.

Refinitiv

Refinitiv and the London Stock Exchange have committed to keep trading and clearing of interest rate derivatives separate to satisfy regulatory concerns over the $27bn deal for LSE to buy Refinitiv.

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.

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