Exchanges and interdealer brokers reshape

In recent weeks the sector has experienced a wave of asset swaps and consolidation

John Phizackerley, Tullett Prebon group chief executive

Tullett Prebon and ICAP put rivalry aside

Deal highlights challenges of industry hit by a lack of growth

BM&F Bovespa in talks over Cetip merger

Exchange aims to consolidate position in clearing

ICE to buy Interactive Data for $5bn

Deal heralds expansion into US fixed income markets

LSE sells Russell Investments for $1.15bn

UK exchange offloads asset manager to US private equity groups

Bombay Stock Exchange in IPO push

India bourse’s chief seeks support for mothballed $1bn listing

Santiago exchange plans demutualisation

South American bourse wants to overhaul ownership structure

Pressure rises on India exchanges to list

Institutional investors urge Delhi to push through stalled plans

Deutsche Börse in $697m Stoxx stake talks

German exchange in discussions with SIX over index compiler

BGC Partners plans to sell Trayport unit

US interdealer broker says it has been approached over venue

Hong Kong exchange becomes world’s largest

Asian bourse displaces US’s CME following share price surge

LSE shares fall as Borse Dubai sells stake

Middle East group offloads position held since 2007

China threat dents ICE’s Singapore plans

Zhengzhou bourse demands that US group stop launch of new platform

LSE has gone from prey to predator

A decade ago many expected group to be swallowed in consolidation

Dealmaking saga over GFI nears conclusion

Shareholders vote down deal with CME to support BGC

CME pit closure sparks member buyout call

Fee structure too complicated, existing members say

BATS buys forex trading network Hotspot

US exchange makes first moves beyond equities

GFI head makes last call for CME backing

Michael Gooch says he and ex-wife will take cut price for shares

Investors urged to block GFI sale to CME

ISS recommends interdealer broker’s investors vote against deal

BGC ups bid for GFI

Interdealer broker seeks to block sale to rival CME Group