in the wake of public outcry and government examination, STA president Jim Toes exhorts the stock market to learn from the auto industry's recent woes and follow its example of how to recover after a crisis.
Exchanges and ECNs Channel
Modern Network's Tim Quast discusses Michael Lewis's cage-rattling bestseller about high-speed trading, "Flash Boys," and how it left one thing out. Quast notes Lewis didn't say why exchanges pay fast traders. The answer spotlights the importance of getting right whatever corrective market-structure measures may come.
The London Metal Exchange, the biggest metals bourse, will upgrade its network service to provide three access levels to its electronic systems, including one geared to high-frequency traders.
Tokyos stock exchange allowed smaller price increments on shares of about 80 of Japans biggest companies from today as the bourse seeks to win back business from private trading venues.
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.