Breaking News

    John Lothian NewsRT @JohnLothian: Blockbid Step Up Beta Phase With Live Trading - Users Are Able To Trade Freely During The Next Phase Of The Blockbid Beta…
    John Lothian NewsRT @JohnLothian: Powerful Crowdsourcing Technology Enhances Bankruptcy Prediction https://t.co/QGpsvqjSVj
    John Lothian NewsRT @JohnLothian: CFTC Revokes FBOT Registration at the Request of ICE Futures Canada, Inc. | U.S. COMMODITY FUTURES TRADING COMMISSION http…
    John Lothian NewsRT @JohnLothian: CFTC Orders Futures Trader and Trading Firm to Pay $2.3 Million in Penalties for Cross-Market and Single-Market Spoofing a…
    John Lothian NewsRT @JohnLothian: Bringing iPhone Assembly to U.S. Would Be a Hollow Victory for Trump - The Wall Street Journal https://t.co/X33faEjKa9
    John Lothian NewsRT @MarketsWiki: CryptoMarketsWiki Page of the Day: Exchanges Several cryptocurrency exchanges were found to have poor transparency, "serio…
    John Lothian NewsRT @MarketsWiki: MarketsWiki Page of the Day: ICAP to pay $50 million civil penalty in settlement with CFTC over attempts to manipulate the…
    John Lothian NewsRT @JohnLothian: Goldman names Dan Dees as new investment-banking co-chief: Bloomberg - Reuters https://t.co/jdHlX3nrJp
    John Lothian NewsRT @JohnLothian: A new antenna using single atoms could usher in the age of atomic radio - Ars Technica https://t.co/vUr2t6zxsz

Tag Archives: New York Times

Scooped: What The Nikkei Deal Means For The Derivatives Industry Blog,Commentary

"FT 125th anniversary reception (8741688934)" by Financial Times - FT 125th anniversary reception. Licensed under CC BY 2.0 via Wikimedia Commons - https://commons.wikimedia.org/wiki/File:FT_125th_anniversary_reception_(8741688934).jpg#/media/File:FT_125th_anniversary_reception_(8741688934).jpg

Nikkei got the scoop of the year. It purchased the Financial Times at the 11th hour from FT parent Pearson for £844 million ($1.3 billion). The big surprise was that Hong Kong Exchange and Clearing’s Charles Li, CEO and former journalist, didn’t buy it, a seeming bargain compared to the LME price tag of £1.39 billion. The media world will care much more about this deal than the rest of the globe. The journalist handwringing over Rupert Murdoch’s buyout of the Wall Street Journal in 2007 for $5 billion amounted to nothing substantive. The FT will likely maintain its focus…