France

The Opposite of Austerity?

The tallies are in and voters in France and Greece have spoken. Austerity is OK for others, but not for us. France has said “non!” to another stint with Nicolas Sarkozy and have instead elected Francois Hollande to become its first Socialist president since Francois...

John Lothian Newsletter: CFTC Weighs Rules for High-Frequency Derivatives Trading Under Dodd-Frank; D Börse and NYSE challenge block to merger; MF Global Told S&P ‘Never Been Stronger’ as Failure Loomed

The CFTC begins the process of creating rules for high-frequency trading.  Hopefully, a working definition of "high-frequency trading" will precede those rules. DB-NYSE Euronext send a sharp letter to European regulators, asserting that Joaquín Almunia's recent...

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