Business
San Francisco and Los Angeles have housed vibrant stock exchange floors since the 19th century, but they may not make it into the 21st.
July 17, 1998
Securities: The deal, as expected, will leave the Pacific’s stock-trading unit looking for a partner.
July 24, 1998
Securities: The Pacific and Chicago Board Options exchanges have agreed to combine.
The Federal Reserve Board announced Thursday that it has approved a controversial plan by Security Pacific National Bank to establish what amounts to a private exchange for the trading of some of the riskiest securities known to investors: options on U.S.
Aug. 7, 1987
Markets: The possible union of the California and Chicago exchanges calls into question the future of the downtown L.A. trading floor.
July 14, 1998
Nasdaq Stock Market Inc., the all-electronic exchange that handles the most shares in the U.S., plans to buy the Philadelphia Stock Exchange to enter the options business, two people familiar with the transaction said.
Nov. 7, 2007
Securities: Lengthy regulatory review, technology concerns given as reasons for abrupt move.
Jan. 8, 1999
The American Stock Exchange, Chicago Board Options Exchange and Cincinnati Stock Exchange announced plans Monday to start a computerized, nighttime trading market for stocks and stock options.
June 19, 1990
The Chicago Board Options Exchange, the largest U.S. options market, said Thursday that it has ended talks with the Chicago Board of Trade about a possible merger.
Aug. 25, 2006
Mary Schapiro, chairwoman of the Commodity Futures Trading Commission, recently was quoted as saying that the current media definition of a derivatives transaction seems to be “any financial transaction in which a large amount of money is lost.”
March 12, 1995