Exchange operator Nasdaq OMX said on Wednesday it will launch a third trading venue that caters to listings that fall below the standards of its main Nasdaq Stock Market and other markets.
The current boom in U.S. initial public offerings does not signal a free-for-all for prospective companies, which are closely watching the mixed performance of IPOs this week and last, the head of listings at the New York Stock Exchange parent company said on Tuesday.
Nasdaq OMX Group Inc Chief Executive Robert Greifeld said the quality of companies trying to sell their shares to the public is improving as the long-shuttered IPO market returns to life.
The Nasdaq Stock Market could surpass its archrival, the New York Stock Exchange, this year or next in the number and value of initial public offerings, Nasdaq OMX Group Chief Executive Robert Greifeld said on Thursday.
Direct Edge's applications to operate two stock exchanges appeared for public comment on the U.S. Securities and Exchange Commission's web site on Monday, bringing the privately held alternative venue a step closer to becoming a formal exchange operator.
A merger between Dubai's top stock exchanges, Dubai Financial Market DFM.DU and Nasdaq Dubai NDAQ.DI, is a possibility, a leading official said, according to newspaper Emirates Business (www.business24-7.ae).
The Nasdaq Stock Market and BATS Exchange said in separate statements on Thursday they will voluntarily stop offering so-called flash orders, a controversial service that gives certain firms an advance look at market-bound trading orders.
Shares of Netflix Inc (NFLX) rose on Thursday after the company's board of directors announced it was authorizing a $300 million program to repurchase the company's stock.
IBM Corp. said Tuesday it plans to acquire SPSS Inc., a technology services company that helps businesses predict future trends and observe consumer patterns and behavior, for $1.2 billion.
European initial public offerings remained sparse in the second quarter, with most companies likely to defer going public until mid-2010, an expert on new listings from PriceWaterhouseCoopers (PwC) said.
The Hong Kong Exchanges and Clearing (HKEx) has soared to become the second largest exchange in the world.
Data suggests that the U.S. ban on short selling of financial stocks in 2008 did not impact stock prices, the chief executive of exchange operator Nasdaq OMX Group Inc told business leaders on Tuesday.
Shares of OpenTable Inc closed their first trading session up 59 percent on Thursday following the restaurant reservation company's initial public offering, in the best first day performance for a U.S. company in over 18 months.
OpenTable Inc shares jumped 72 percent in their trading debut Thursday following the restaurant reservation company's initial public offering, putting it on pace for the biggest first day performance for a U.S. company in more than a year.
Stock futures pointed to a higher start for Wall Street on Wednesday, ahead of GDP data. At 4:02 a.m. EDT, futures for the Dow Jones, S&P 500 and Nasdaq were up between 0.6 and 0.7 percent. * The FTSEurofirst 300 index of top European shares was up 0.5 percent at 805.38 points, with Banco Santander and Siemens among shares to rise after company re...
Natus Medical Inc. developer and manufacturer of medical devices fore newborns said Tuesday it is planning to make a public offering of 3.5 million common shares.
Microsoft Corp. intensified talks with Yahoo Inc. as it may raise its original $31-a-share Friday in a last-minute effort to reach a friendly agreement, according to media reports.
Nasdaq opened an office in Beijing on Monday, a move that will let it step up efforts to attract more Chinese firms to list on the exchange.
Hurray! Holding Co, a China-based artist development and wireless music company, announced on Monday it would merge with Enlight Media, an entertainment production company.
Nasdaq Stock Market, Inc. is close to purchasing the Philadelphia Stock Exchange for about $650 million as it makes a bid to enter the U.S. derivatives trading business, according to reports.
Nasdaq Stock Market Inc has agreed to buy the Philadelphia Stock Exchange, which operates the third-largest U.S. equity options market, for about $650 million, two people familiar with the matter said on Tuesday.
