Nasdaq has officially launched its Nasdaq Private Market, a platform for private companies to raise capital, control secondary transactions and manage equity-related functions. Nasdaq is not the...
Hong Kong's Securities and Futures Commission (SFC) is proposing limiting dark pools to institutional trading only and excluding retail investors. Initial reaction to the proposal appears positive as dark pool operators in Hong Kong say retail investors are not significant participants in those markets.
The CEO of IntercontinentalExchange, which also owns the New York Stock Exchange, advocates banning maker-taker pricing, saying it would simplify markets.
CME Group, the world's largest futures operator is expanding its hybrid deliverable swap-futures product to include euro-denominated contracts. The euro-denominated deliverable interest rate swap futures will launch on April 14, pending regulatory review.
Dividing lines are starting to form over an idea to boost small-cap trading volumes by trading small-cap stocks in nickel increments instead of penny increments. The idea emerged in a bill...
Nasdaq on Monday defended a plan to cut prices on its options exchanges that critics say would disadvantage smaller markets. The controversy stems from a plan presented to regulators in October in which Nasdaq proposed offering customers of one of its options exchanges cheaper trading if the customers have substantial total volume with all three of Nasdaq's options exchanges, Reuters reports.
Euronext is preparing to launch a multi-currency service for trading Exchange Traded Funds (ETFs). The service, which will allow users to buy ETFs in 20 different currencies on the Euronext platform, will officially launch on February 17.
U.S. regulations that are pushing swaps trading to Swaps Execution Facilities (SEFs) have prompted European swaps dealers to trade increasingly among themselves, disrupting cross border liquidity, a new report finds. The report, from the International Swaps & Derivatives Association examines trading of euro-denominated interest rate swaps and found trading between European and US traders has dropped 77 percent since SEFs went live in October.
Improved pre-trade data will be one of the keys to helping buy-side firms increase their comfort level with adopting new trading models, participants of a Tabb Group forum said last week.
Trading on the combined BATS Global Markets-Direct Edge exchange is expected to begin Feb. 3, according to a Trade News exclusive. The two exchanges which are moving toward a merger must first receive regulatory approval before the combined trading can begin. The Securities and Exchange Commission is expect to grant that approval by the end of January, the Trade News reports. The Department of Justice gave its approval in October.