The Chicago Board Options Exchange Inc. reported a 251% increase in net income during the first quarter on stronger trading volume.
National Planning Holdings Inc., the nation’s seventh largest independent-contractor broker-dealer network, today posted record revenues of more than $135 million during the first quarter, an increase of 13.5% from the same time last year.
The money made last year by top hedge fund managers is putting traditional Wall Street pay packages to shame, according to a report in Alpha magazine.
Legg Mason Inc. today said James W. Hirschmann III has decided to relinquish his responsibilities as president and chief operating officer at the Baltimore-based money management firm.
Chicago Mercantile Exchange Holdings Inc. posted a 42% increase in net income during the first quarter, as electronic trading volume grew sharply.
The U.S. Department of Labor is seeking comments about fee disclosure for 401(k) plans and other defined contribution plans.
UBS AG today launched a global warming index based on weather futures for 15 U.S. cities that is being traded on the Chicago Mercantile Exchange.
JP Morgan Chase & Co. said it has launched JPMorgan Entertainment Advisors to provide financial and strategic advice, services and products to clients in the entertainment and media businesses.
Health savings accounts are more than four times more popular with employers in a swath of Wisconsin than in the United States as a whole
PowerShares Capital Management LLC said its assets recently have surpassed the $10 billion mark, up from $8.5 million at the close of 2006.
