NYSE Euronext is suing The Order Machine (Tom), a Dutch derivatives trading platform, reports ft.com.
Why? Tom allegedly listed equity index options on the AEX index in Amsterdam without a licence. When NYSE originally offered Tom a licence, it declined, says ft.com. But Willem Meijer, chief executive of Tom, is denying such an offer has ever been made.
The proportion of women CEOs in the CSA's sample remains 5%, as in the past three annual reports
BMO tops equity league tables, RBC leads debt rankings
Industry watchdogs can't "sit in an ivory tower" as they push for industry change, said Stan Magidson
Clients satisfied with advisors, despite fewer fee and suitability discussions
Help clients get the maximum benefit from these accounts
Laurentian Bank has announced further executive shifts following its leadership change earlier this month
Ontario court allows U.S. shareholders to pursue both cases
Report finds the technology is being used to segment clients and generate insights