Cboe Global Markets Appoints Fredric Tomczyk As CEO

RTTNews | 660日前
Cboe Global Markets Appoints Fredric Tomczyk As CEO

(RTTNews) - Cboe Global Markets, Inc. (CBOE), the world's leading derivatives and securities exchange network, announced Tuesday that it has appointed Fredric Tomczyk, a current member of Cboe's Board of Directors, to the role of CEO, effective immediately.

Tomczyk succeeds Edward Tilly, who has resigned from the company following the conclusion of an investigation led by the Board of Directors and outside independent counsel that was launched in late August 2023.

The Board of Directors determined that Tilly did not disclose personal relationships with colleagues, which violated Cboe's policies and stands in stark contrast to the company's values.

The conduct was not related to and does not impact the company's strategy, financial performance, technology and market operations, reporting, or internal controls.

Tomczyk served as President and CEO of TD Ameritrade Holding Corp. from October 2008 through October 2016. Before that, he served as Vice Chairman of TD Bank Financial Group.

Prior to his time with TD, he was President and CEO of London Life and London Insurance Group. He joined Cboe's Board of Directors in July 2019.

William Farrow, III, currently Lead Director of Cboe, has been named non-executive Chairman of the Board of Directors, effective immediately.

read more
Antipodean Currencies Rise Amid Risk-on Mood

Antipodean Currencies Rise Amid Risk-on Mood

The antipodean currencies such as the Australia and the New Zealand dollars strengthened against other major currencies in the Asian session on Friday amid increased risk-on mood by the investors, following the broadly positive cues from Wall Street overnight, as traders hope for an end to the tariff uncertainty after U.S. President Donald Trump confirmed he will not extend the August 1 deadline for striking trade deals, though he continues to threaten higher reciprocal tariffs on various sectors and countries.
RTTNews | 8分前
European Economic News Preview: UK GDP, Foreign Trade Data Due

European Economic News Preview: UK GDP, Foreign Trade Data Due

Monthly GDP and foreign trade from the UK and final inflation from France are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and foreign trade data. Economists forecast the economy to grow 0.1 percent on a monthly basis in May, in contrast to the 0.3 percent fall in April.
RTTNews | 2時41分前
Australian Market Slips To Modest Losses In Mid-market

Australian Market Slips To Modest Losses In Mid-market

The Australian stock market is slipping to modest losses in mid-market moves on Friday after opening in the green, reversing some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,600 level, with weakness in gold miner and energy stocks partially offset by gains in iron ore miner stocks.
RTTNews | 4時16分前
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as traders hope for an end to the tariff uncertainty after US President Donald Trump confirmed he will not extend the August 1 deadline for striking trade deals, though he continues to threaten higher reciprocal tariffs on various sectors and countries.
RTTNews | 4時23分前