Nasdaq and the CME Group are changing their executive line-ups just in time for what is likely to be a new regulatory and investing environment next year under the new Trump administration. Nasdaq has announced that its board of directors has selected Adena Friedman to be the next president and CEO, and a new member… Read More >>
CME Group to Slash 150 Jobs
CME Group is cutting its global workforce by five percent or approximately 150 positions, officials say, adding that the layoffs are part of a restructuring effort. Most of the job cuts will come from the exchange company’s technology division although there are cuts to come from corporate and administrative functions, officials add. “Our industry has… Read More >>