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  • CBOE Holdings, Inc. Prices Its Initial Public Offering

    Date 15/06/2010

    CBOE Holdings, Inc. yesterday announced the pricing of its initial public offering of 11.7 million shares of CBOE Holdings Inc.’s unrestricted common stock at a price of $29 per share.  The Company's unrestricted common stock will begin trading on Nasdaq OMX's (NDAQ.O) Nasdaq Stock Market on June 15, 2010 under the symbol "CBOE."

  • European Parliament: End "Bankers' Bonus" Culture, Says Economic Affairs Committee

    Date 15/06/2010

    New rules to end the bankers' risk-taking culture that led to the global economic crisis were backed by Economic and Monetary Affairs Committee MEPs on Monday evening. Bailed-out bank directors must get no bonuses until banks have repaid public support, bankers' bonuses must be capped at 50% of total remuneration, and bankers' bonus payments should be deferred until profits are actually earned, not just forecast, added the committee. The rules will be put to a plenary vote i

  • FESE Response To CESR Consultation Paper On Equity Markets

    Date 15/06/2010

    The most important challenge to confront in the MiFID review concerns the regulatory boundaries and requirements among the different execution venues. CESR’s Consultation Paper includes an estimate of OTC trading – a figure which was yet to be confirmed by an official source - and it also discusses some aspects of the business models used by OTC platforms. This is a welcome step in the right direction. Going forward, EU decision-makers should ensure that the principle ‘same business same rules’

  • Firm58 Powers New Online Financial Portal For NYSE Euronext’s U.S. Equities And Options Markets - Bill Presentation And Invoicing Solution Supports Trading Operations

    Date 15/06/2010

    Firm58, Inc. (www.firm58.com), a financial management software provider, today announced its selection by NYSE Euronext to provide the online presentation and invoicing system for equities trading on the New York Stock Exchange, NYSE Arca and NYSE Amex, as well as options trading on NYSE Arca and NYSE Amex. The new billing facility provides members with self-service access to daily balances, historical data, and trade-by-trade level detail. Firm58's Software as a Service (SaaS) solution manag

  • Learning The Lessons Of Finance Regulation

    Date 15/06/2010

    Economic and Social History at the University of Glasgow has won funding to examine why previous attempts at introducing financial regulation following an economic crisis have failed.