(Editor’s note: Mark Sulavka, the chairman, CEO and president of the National Stock Exchange (NSX), is working hard to relaunch the bourse 17 months after it closed in May 2014. Sulavka is overseeing the final stages of bringing back the exchange for trading equity securities and exchange-traded fund (ETFs) by early next month. The heart… Read More >>
Tullett Prebon-ICAP Deal to Impact Post-Trade Services
Interdealer broker ICAP is selling its brokering business and more to Tullett Prebon in an arrangement that both companies say will lead to $91 million in savings and streamlined support for post-trade services, transaction processing and trading data offerings. The move is seen as a response to challenging times for interdealer brokers who face a… Read More >>