A month after the Securities and Exchange Commission adopted the Investment Company Act rule 22e-4, fund managers are still digesting its implications.
Exchanges and ECNs Channel
Exchange operator IEX has filed with the Securities and Exchange Commission an application to upgrade its Primary Peg order type.
Imitation is said to be the most sincere form of flattery and it holds true on Wall Street where the Chicago Stock Exchange is ready to introduce a speed bump mechanism into its marketplace just like exchange operator IEX.
NEO Exchange has called on the Canadian Securities Administrators to mandate consolidated market data for retail investors and investment advisors and help solve the data problem in the Great North.
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.