Cboe reported 3Q17 adj EPS of $0.89 (+2% q/q, +53% y/y), 1c below ERDesk estimate and 3c above consensus. GAAP EPS was $0.53 (-11% q/q, +7% y/y). Net revenues were $267m (+1% q/q, +98% y/y) and adj OpEx was $102m (+1% q/q, +66% y/y). Cboe decreased adj OpEx guidance to $413m-$415m prom $415m-$423m. CBOE reduced debt by $100m during 3Q17 and $325m through September.
NDAQ filed with the SEC to withdraw the provision/selling of its Market Analytics Data Package that includes the Market Velocity and Market Forces data products.
LSE is not on the race to acquire the Irish Stock Exchange.
Cboe announced the retirement of its EVP, CFO and Treasurer, Alan Dean by year end. Cboe plans to promote Brian Schell, currently Deputy CFO to take Dean's roles.
Bucharest SE (BVB) appointed Marius-Alin Barbu as interim general director. Barbu is the current deputy general director.
Nigeria SE Executive Director, Market Operations and Technology Ade Bajomo will step down by year end. Haruna Jalo-Waziri, in light of his recent appointment as the CEO of CSCS Plc, has resigned his position as Executive Director, Capital Markets effective October 31, 2017.
Powernext: PEGAS introduced Congestion Management Products (CMP) on the French Nord and TRS delivery zones, to help the Transmission System Operators GRTgaz and TIGF manage potential congestions on their grids.
GAIN: FOREX.com, the retail forex brand of GAIN Capital, upgraded its FCA-regulated service in the UK, featuring an expanded set of markets including new forex, index and commodity CFDs, as well as the introduction of CFD trading on US and UK equities.
CFTC Chairman Christopher Giancarlo published an op-ed on the WSJ with title "An EU Plan to Invade U.S. Markets." "One proposal would empower ESMA to demand on-site inspections of U.S. businesses such as the CME without informing its primary regulator, the CFTC. Another proposal would enable the ECB to impose additional regulations on those same U.S. businesses without informing or consulting the CFTC," Giancarlo said. "EU plans would be disruptive, expensive and detrimental to the U.S. trading markets and economy," he added.
Estonia, Latvia and Lithuania agreed to create a pan-Baltic capital market with support of the European Commission (EC) and the EBRD. The parties agree to harmonize capital market regulations and dismantle investment barriers. The three states will work together on the development of a common capital market, including the establishment and improvement of the underlying legal framework, the introduction of new instruments (for instance, covered bonds and securitization) and the creation of the necessary market infrastructure. The EBRD leads the first joint project supporting the creation of pan-Baltic covered bonds.