The company has also begun planning for the succession of CEO Robert Greifeld, even though he has no plans to leave at the moment and he has the backing of the board.
The top candidates to replace Greifeld include: LSE chief Xavier Rolet, who would become the head of any combined company if his firm were to buy the U.S. exchange; former Nasdaq CFO Adena Friedman; Magnus Bocker, the CEO of the Singapore Exchange; Craig Donohue, the former head of CME Group, Tom Kloet, the boss of Canada's TMX Group (TMXXF.OB); and ex-Nasdaq executive Chris Concannon. The top internal candidate is Eric Noll, who manages the firm's execution services.
Sep. 20, 2013, 4:03 AM
May 4, 2011, 8:04 AM
Australia opens its equity market to foreign competition, awarding an operating license to Chi-X, which is owned by Nomura (NMR). Just weeks ago, a takeover of the ASX by the Singapore Exchange (SPXCF.PK) had been rejected by the government. May 4, 2011, 8:04 AM|1 Comment
Apr. 5, 2011, 7:24 AM
Australian Treasurer Wayne Swan signals he will reject the Singapore Stock Exchange's (SPXCF.PK) $8.3B bid to take over the Australian Exchange (ASXFF.PK), calling the merger "contrary to the national interest." ASX shares -3.3% in Sydney. Apr. 5, 2011, 7:24 AM
Mar. 29, 2011, 8:32 AM
Healthy competition or a race to the bottom? The ASX (ASXFF.PK), worried about losing business to Hong Kong (HKXCY.PK) and Singapore (SPXCF.PK), mulls making it easier for mining companies to list on the exchange. One way: allowing listings for businesses that have little more than potential exploration sites. Mar. 29, 2011, 8:32 AM|1 Comment