Direct Edge news from FierceFinanceIT
News
Direct Edge adds two to list of formal exchanges
The ranks of U.S. stock markets keep getting more crowded. Along with the NYSE, Nasdaq and BATS, two new markets are now fully approved--Direct Edge's EDGA and EDGX equity markets. The... Read more...
Times weighs in on big issue
The mainstream media has picked up on some pretty arcane market structure issues as of late, especially the New York Times. The latest: The Grey Lady--does anyone call it that anymore?--offered an... Read more...
Flash orders to be banned
As expected, the SEC has proposed a ban on flash orders, a practice that had already been disavowed by BATS and Nasdaq OMX. DirectEdge, which had been a pioneer of sorts, seemed determined to stick... Read more...
What to make of the BATS and DirectEdge News?
Larry Tabb says this about the news that BATS had received exchange status: it "should send shivers up the spines of existing equity exchange executives." The news that DirectEdge is teaming up with... Read more...
ECNs poised to hit major milestones
As expected, the SEC has granted BATS Trading exchange status, allowing it to operate as a registered national securities exchange on par with the NYSE and Nasdaq. The transition into an exchange is... Read more...
Dark pool universe continues to morph
What's the hottest broker-dealer-owned dark pools service right now? Most people would say Goldman Sach's Sigma X, whose stature as a trading venue is growing, pushing... Read more...
DirectEdge vs. BATS for dark pool volume
The rise of alternative execution venues has certainly highlighted the role of technology and how it is altering the trading environment. One upstart with lofty ambitions, DirectEdge, knows well... Read more...



