Jan. 7 (Bloomberg) — Montreal Exchange Inc. Chief Executive Officer Luc Bertrand is the most likely replacement for TSX Group Inc. CEO Richard Nesbitt, who’s leaving Canada’s main stock exchange to join Canadian Imperial Bank of Commerce, analysts said.
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Computers replacing screaming traders at NYSE
NEW YORK -- The NYSE's iconic trading floor, the emblem of capitalism at work, is hurtling toward an uncharted future as the exchange embraces an electronic age. Link to original articleFee income likely to grow at 25-30% in coming quarters. Cost-cutting measures expected to help bottom line. Fall in G-Sec yields to help recover marked-to-market losses.
Vietnam Widens Daily Stock Trading Band To 5% From 3% Monday
HANOI -(Dow Jones)- Vietnam's State Securities Commission has decided to widen the daily trading band for share prices on the Ho Chi Minh bourse to plus or minus 5% from 3% effective Monday, in an effort to boost liquidity in the stock market, a SSC official said Thursday.
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