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Stock Market & Financial Investment News

News Breaks
June 23, 2014
07:19 EDTICEIntercontinentalExchange Euronext IPO positive, says Bernstein
After IntercontinentalExchange sold about 60% of its European cash equity unit, Euronext, in an IPO, Bernstein thinks the IPO significantly improves the underlying economics of the company's merger with NYSE Euronext, The firm believes that the IPO will free IntercontinentalExchange to concentrate on generating attractive margins. Bernstein keeps a Market Perform rating on IntercontinentalExchange.
News For ICE From The Last 14 Days
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July 30, 2014
08:23 EDTICESEC may consider rule change, allowing IEX to be exchange, Reuters says
IEX Group, which was described in Michael Lewis' book "Flash Boys" as a place for investors to place buy and sell orders without worrying that they are being "front-run" by high-speed traders, may be aided in its goal of becoming a full-fledged stock exchange as the SEC may revisit rules that require the fastest possible execution of securities trades, said Reuters, citing a person familiar with the SEC's thinking. Publicly traded stock exchange owners include NASDAQ (NDAQ), IntercontinentalExchange (ICE) and BATS Global Markets (BATS). Reference Link

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