Specialized Finance

IntercontinentalExchange (NYSE: ICE) today reported activity for June and the second quarter of 2011. ICE's futures average daily volume increased 5% in the second quarter of 2011 over the prior year, and grew 24% for the month of June 2011 compared to June 2010. ICE's OTC energy average daily...

CME Group (NASDAQ: CME) today announced June volume averaged 14.9 million contracts per day, up 22 percent from June 2010. Total volume for June was 327 million contracts, of which a record 85 percent was traded electronically. June 2011 month-end open interest reached 94 million contracts, up 9...

Cusick's Corner The month of June is behind us and the market is on a very positive course. I do have some skepticism about the market's move over the last four days because it's been based on the light volume. I will be watching the volume next week and to see if there isn't a pullback where...

Cusick's Corner Buyers prevail. The sideline money is flowing into the market and it did it early on the heels of inline data this morning. The market is trending nicely, above the 50-Day Moving Average, taking back most of the pullback from the April highs, and this latest move is happening in...

Interactive Brokers Group, Inc. (NASDAQ: IBKR) today reported its Electronic Brokerage monthly performance metrics for June. 401 thousand Daily Average Revenue Trades (DARTs), 4% higher than prior year and 5% lower than prior month.

Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that Vanessa Kao has been elected CFO to replace Inbar Evron-Yogev who resigned today from all of her positions with the Company to pursue other career opportunities.

Shares of The NASDAQ OMX Group (NASDAQ: NDAQ) are higher on the session by 0.78%, trading at $25.33. Overall call volume is now running at 2.03x the daily average, with 23% of all calls traded being purchases on the offer. 1,664 contracts have traded on the session so far. The NASDAQ OMX Group,...

Shares of CIT Group Inc. (NYSE: CIT) are lower on the session by 0.64%, trading at $43.77. Overall call volume is now running at 2.10x the daily average, with 2% of all calls traded being purchases on the offer. 2,973 contracts have traded on the session so far. CIT Group Inc. is a bank holding...

CNBC Fast Money's Tim Seymour said on the show that he would buy iShares MSCI Turkey Index Fund (NYSE: TUR) on Thursday. iShares MSCI Turkey Index Fund (TUR) gained 1.12% today, and it closed at $59.58. Guy Adami thinks that L-3 Communications Holdings, Inc. (NYSE: LLL) is a buy. L-3...

Monday, French President Nicolas Sarkozy announced plans to rollover Greece's existing debt held by French banks. The plan could set the stage for a broader European effort to salvage the ongoing crisis in Greece. Yet, the plan rests on credit agencies not cutting Greece's debt to default,...

Marlin Business Services Corp. (Nasdaq: MRLN) is proud to announce it has been endorsed by Panasonic System Networks Company of America, a unit of Panasonic Corporation of North America, as an approved funding source for Panasonic's authorized distributors and dealers. Panasonic System Networks...

CME Group Inc. (NYSE: CME) moves from $337 to $315. Interactive Brokers Group, Inc. (NASDAQ: IBKR) moves from $18 to $17. IntercontinentalExchange, Inc. (NYSE: ICE) moves from $147 to $140. CME Group closed Monday at $281.01; Interactive Brokers Group closed at $15.41; and...

Pre-open movers US stock futures are slightly lower this morning. Greek Parliament is scheduled to vote Wednesday on the EUR28.4 billion, five-year austerity package. Futures on the Dow Jones Industrial Average dropped 17 points to 11,973.00 and futures on the S&P 500 stock index fell 2.60...

By Bob van der Valk The Obama administration's decision to release 30 million barrels of sweet crude oil from the Strategic Petroleum Reserve (SPR), located in Louisiana, makes no sense. House Speaker John Boehner remarked “President Obama is using a national security instrument to address his...

KBW is upgrading NYSE Euronext, Inc. (NYSE: NYX) to Outperform. NYSE Euronext closed Monday at $32.65.