As titans gird for battle over institutional crypto trading in Hong Kong, one startup is attempting to break through on the strength of its backers’ expertise, rather than any existing franchise.
According to recent statistics published by Tabb Group, that honor goes largely to the group of four traditional pro rata options exchanges. On average, they bested their newer, time-priority rivals in four categories t…
FX markets for the currencies of emerging market economies grew more rapidly than those for major currencies between 2016 and 2019, rising from 19% to almost 25% of global turnover. At the same time, these currencies at…
There are also key regulatory changes expected in relation to market integrity and data, buy-side and retail topics, and digitalisation and DLT. In this article, we explore the upcoming milestones for 2026 and look ahea…
For years, buyside traders have complained – quite fairly – that dark pool trading rules and activity are far too opaque. In response to this criticism and to the numerous regulatory actions taken against dark pool oper…
During a presentation on FX market fragmentation at TradeTech FX 2019 in September, Andrew Hauser, executive director for markets at the Bank of England (BoE), spoke of the merits of responding to the challenge of great…
DETROIT, Oct. 22, 2019 /PRNewswire/ -- To date, cryptocurrency exchanges and decentralized financial markets have grown alongside each other with little overlap. That's about to change.
While the exchange landscape looks different these days with fewer exchange operators than eight years ago, some things still are constant – such as the battle for order flow and payment of rebates to get it. However, t…
Hong Kong Exchanges and Clearing (HKEX) has made a £32 billion offer to buy the London Stock Exchange Group (LSEG) in a colossal move to combine two of the largest market infrastructures in the world.
In most of the world, the majority of trading costs are charged in basis points (hundredths of a percent), which means variable costs are the same for a $1 million trade in any stock.
To nail down terms for the London Stock Exchange's expected $27 billion deal to buy Refinitiv, bankers and lawyers descended on the London office of the global law firm Freshfields Bruckhaus Deringer — pulling all-night…
Refinitiv is one of the world's largest providers of financial markets data and infrastructure, serving over 40,000 institutions in over 190 countries. It provides leading data and insights, trading platforms, and open …
For all the technology, infrastructure, and resources it takes to run some of the biggest trading markets, exchange operators have still maintained eye-popping profit margins as their revenues continue to grow.
Great news! A popular Scandinavian exchange – Oslo Stock Exchange (also known as Oslo Børs) is now part of our data offering. The exchange that was founded in 1819 is currently the main trading venue for stocks of the l…
Given that its own shares had fallen nearly 3% that day on the news, Nasdaq’s spokesman, Joe Christinat, was pretty cool when asked to comment on the launch of a new US equities exchange, the Members’ Exchange or MEMX, …
We recently discussed all therouting choicesan algorithm has to make to place an order into the market-picking the right price, time, order type, venue, and order aggression. Today we focus on just one aspect of those c…
NEW YORK (Reuters) - Morgan Stanley (MS.N), Fidelity Investments, Citadel Securities LLC and a host of other financial companies have agreed to jointly launch a new low-cost bourse that will compete with the New York St…
Wall Street broker-dealers have long been frustrated with what they say are over-the-top fees charged by stock exchange giants such as the Nasdaq and New York Stock Exchange.
The London Stock Exchange Group’s (LSEG) MTS Markets business has upgraded its electronic bond trading platform BondVision to include automated execution for request-for-quote (RFQ) orders.
The two largest exchange groups, Cboe and NASDAQ, have captured 73.2% of options volume in 2018, but the three smaller exchange operators have gained market share.NYSEs share is up 2.8%, to 16.5%;MIAX has gained 2.7%, t…
Thomson Reuters has established a new data agreement with ICAP and Tradeweb, taking on rival Bloomberg’s recent data deal with NEX BrokerTec and Tradition.
We use cookies to improve your experience and analyse site traffic. By continuing to browse, you agree to our use of cookies.