Bank of America Merrill Lynch

The Intercontinental Exchange has closed its acquisition of Bank of America Merrill Lynch’s suite of US fixed income volatility indices. The deal includes the Merrill Lynch Option Volatility Estimate (MOVE) index, sometimes referred to as the ‘VIX for bonds,’ which...
London Metal Exchange

London Metal Exchange

The London Metal Exchange will raise its fees for the first time in five years in 2020, as its parent company, Hong Kong Exchanges and Clearing, attempts to recoup its investment in the 142-year-old exchange, The Financial Times reported. The LME said trading and...
London Stock Exchange Group

London Stock Exchange Group

The London Stock Exchange Group (LSEG) completed the first trade on its new Global Equity Segment with Huatai Securities. The Global Equity Segment is a cross-border initiative that aims to use London as a global trading bridge between Asia and the Americas.
The Blackstone Group

The Blackstone Group

The Blackstone Group has held talks about buying a stake in Ken Griffin’s Citadel LLC, a deal that would unite two of the biggest names in investing. Citadel executives estimate the hedge fund alone has a value of between $5 billion and $7 billion, The Wall Street...
Akira Kiyota

Akira Kiyota

Akira Kiyota, the chief executive of Japan Exchange Group (JPX), which owns the Tokyo Stock Exchange, called a Japanese government proposal to tighten rules on foreign investment “idiotic” and said it was a threat to Japan’s standing in global financial...
U.S. Federal Reserve System

U.S. Federal Reserve System

The Federal Reserve will announce on Thursday that it has decided it will not force US branches of foreign banks to hold a minimum level of liquid assets to protect them from a cash crunch, The Financial Times reported. The decision is part of a set of measures...

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