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Independent research race heats up

Not too long ago, we were bemoaning that state of independent research. Well, it looks like few firms, notably Goldman Sachs, Read more...

ALSO NOTED: Like KKR, Blackstone will invest in buyout debt; More on Bank of America's NFL marketing pact; and much more...

Company News:> Instinet offers to sell stakes in new system. Article > Financial exec search... Read more...

Independent execution services face tougher times

It seems that the top trading execution services are being squeezed a bit. On the one hand they are facing competition from the little guys, the Read more...

ALSO NOTED: New tax-sheltered hot spot: The Netherlands; Bank of America targets franchise owners; and much more...

Company News:
> Nomura pays $1.2 billion for Instinet. Article
> Bank of... Read more...

Nomura Securities to buy Instinet

Nomura Securities seems set to make a big move into the institutional market. Its deal is to buy Instinet from Silver Lake Partners, just a... Read more...

Nasdaq to start options exchange

This makes a lot of sense: The Nasdaq, keenly aware of the competition in equity exchange services, will open an options exchange in 2007. A decision by the SEC to effectively decimalize prices,... Read more...

Instinet to embrace derivative trading

Volume in derivatives trading has exploded, and that has many execution players wondering how they can nab their piece of the pie. Instinet has decided to launch an options and futures trading... Read more...

ALSO NOTED: Deal to spread socially conscious investing; Creditors score victory in Refco fight; and much more...

Company News:
> Instinet volume grows in October. Article > Shareholders approve deal with Legg... Read more...

ALSO NOTED: Wells Fargo to buy Secured Capital; Wells Fargo to buy Secured Capital; and much more...

Company News:
> Wells Fargo to buy Secured Capital. Article
> National Financial beats estimates. Read more...

ALSO NOTED: Another Goldman Sachs exec sets up hedge fund; Earnings on record-breaking run; and much more...

Company News:
> Fifth Third Bank a target? Article
> Van der Moolen revenue dips. Read more...