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Nasdaq OMX achieved a net income of $108m and net revenue of $390m in the second quarter of 2010. These were up 9% and 6% respectively. Read more >>
Futures and Options Intelligence has today added the China Financial Futures Exchange, one of the world’s most exciting exchanges, to its database of world derivatives exchanges. Read more >>
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“In the last ten years, trading volume went up over five fold. The number of actively traded futures and options contracts went up over six fold, and many of these are considerably more complex in nature. We also moved from an environment with open-outcry pit trading to highly sophisticated electronic markets.”
Gary Gensler, chairman of the Commodity Futures Trading Commission has called on the US Congress to award a higher budget to the regulator