MarketsWiki Page of the Day

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July 21

KCG Holdings Inc.

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Virtu Financial completed its acquisiton of KCG as part of a $1.4 billion deal that will see KCG's CEO, Phil Allison, leave the company he had led since 2014. KCG was formed on July 1, 2013 from the merger of Knight Capital Group and GETCO.  View page

July 20

Singapore Exchange Limited

Singapore Exchange said it will bring back its daily one-hour lunch break, in which trading stops from noon to 1 p.m. local time, in hopes of boosting interest and trading volume.  The exchange scrapped the longstanding lunch break in 2011 to increase its competitiveness against other Asia-Pacific exchanges, but volumes dried up during lunch time anyway. View page

July 19

Carsten Kengeter

Frankfurt’s public prosecutor will drop its investigation into Carsten Kengeter, the CEO of Deutsche Börse, over allegations of insider trading, if the exchange agrees to pay more than €10 million in fines. View page

July 18

Robert Greifeld

Robert Greifeld, the former CEO of Nasdaq, will become chairman of the board of trading firm Virtu Financial after the company completes its acquisition of rival KCG Holdings. He will succeed current Virtu Chairman and Founder Vincent Viola. View page

July 17

London Metal Exchange

The London Metal Exchange traded a total of 25,590 lots, or more than 2.5m troy ounces of gold, on its new LME Precious trading platform launched July 10.  The exchange is hoping the new platform will help it maintain its dominance in metal trading in tough conditions that have seen many banks and funds get out of the market.  View page

Full list »