ICE will seek to reduce stock order types at NYSE, chief says
CHICAGO May 8 (Reuters) - IntercontinentalExchange Group Inc will seek to reduce the number of stock order types at the New York Stock Exchange, Chief Executive Officer Jeff Sprecher said on Thursday.
ICE, which completed a deal to buy the NYSE in November, will apply to the U.S. Securities and Exchange Commission to eliminate order types as a way to reduce complexity in equity markets, he told analysts on a conference call. (Reporting by Tom Polansek; Editing by Jeffrey Benkoe)
- U.S. man sues soccer star Cristiano Ronaldo over CR7 trademark
- Wall Street drops, S&P on track for worst day since April
- Sierra Leone declares emergency as Ebola death toll hits 729 |
- Moscow fights back after sanctions; battle rages near Ukraine crash site |
- Netanyahu vows to complete Gaza tunnels destruction |