Don Bollerman, IEX co-founder and head of markets & sales, reveals that so-called "speed bumps" exist inside other prominent stock markets and how certain venues have their own methodology for throttling order flow.
In light of the recent difficulties with China's stock market circuit breakers, are U.S. equity market breakers adequate?
- They need further tweaking
- Scrap them and start fresh
Exchanges and ECNs Channel
The Chicago Stock Exchange said a Chinese investor group agreed to acquire it, giving the buyer entry into the intensely competitive U.S. equity market.
The new year started with waves of volatility and the trading volumes of the major exchanges and marketplaces tell the tale. Traders presents the trading volume figures of January 2016.
The war of words between the New York Stock Exchange and upstart IEX Group Inc., which is seeking approval to become an exchange, continues as Jeffrey Sprecher, chief executive officer of NYSE parent Intercontinental Exchange Inc., called IEX criticisms of its trading systems absolutely false.
The two biggest exchange rivals are joining forces to push through a rule designed to curb trading that occurs off-board away from the public eye, according to a report in the Wall Street Journal.
OTC Markets is now providing REDI Technologies with real-time Level 1 and Level 2 NBBO trading data for distribution to the latter's buyside and sellside clients.
Canada's Omega ATS has opened its second trading venue in the Great White North -Lynx ATS. After receiving final approval and making all the tweaks and getting its trading technology in order, the new venue is officially open for business.
Nasdaq is on the precipice of changing the way some of its biggest customers trade on the bourse.
It's all but official now - BATS Global Markets and Direct Edge Holdings will become a unified company.
IntercontinentalExchange Group's Trade Vault Europe, its European trade repository, processed roughly 4.5 million trades across energy, agricultural commodities, metals, credit, interest rates and equity derivatives its first day.