NYSE suffers first loss of a senior executive since the collapse of planned Deutsche Börse merger as veteran of 13 years Mark Schaedel resigns Read the original here: NYSE Euronext loses head of market data

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In an open letter to Facebook founder Mark Zuckerberg, Joe Saluzzi of Themis Trading suggests the stock may become a chip in a giant casino Read more here: Look before you leap, Mr Zuckerberg

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Chairman says full board of directors is ‘fully supportive’ of chief executive despite the failure of attempted tie-up with Deutsche Börse Read the original: NYSE board stands by Niederauer

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Decision overcame last-ditch resistance from a handful of fellow commissioners, underlining the clout and resolve of competition watchdog Go here to read the rest: Europe thwarts DB-NYSE deal

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Nicolas Sarkozy says by taking the lead, France will provide a ‘shock’ to push other European nations into signing up to a full-blown tax covering the gamut of financial transactions Read more here: France pulls punch on financial tax

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Deutsche Börse and NYSE Euronext call on Europe’s top competition regulator to clarify ‘wholly misconceived’ justification for blocking tie-up plan See the original post: D Börse and NYSE challenge block to merger

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The exchange will begin allowing banks to combine the margin used to clear trades in single-name and indices of credit default swaps See the original post: ICE to combine margins for CDS clearing

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The Euro exchange rate has frequently been talked about in the money market right from when the currency was initially created in 2002. When the currency was introduced, there were 12 countries who gave away their own individual currency and adopted the Euro. The United Kingdom was one of those countries which did not embrace the Euro since the market for Pounds in the exchange market was quite strong. And although the Euro is more or less the currency of Europe, the British Pound has mostly enj

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Placing of funds at Italian banks by the London Stock Exchange helps its total income rise 17 per cent in third quarter View original here: LSE makes a virtue of Italian banks’ needs

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Confidence in US derivatives trading has been battered by last year’s failure of a big broker, which showed customers could lose money kept in special accounts, writes Hal Weitzman and Gregory Meyer Read more: MF Global: Uncertain futures

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