Commentary

Ivy Schmerken
Traders Magazine Online News

MiFID II Transparency Puts Stress on Data Architecture

Buy-side firms are facing huge changes in disclosure and transparency requirements, which could upend their data management architectures, according to this guest commentary from FlexTrade.

Traders Poll

Are you concerned about foreign ownership of a U.S. stock exchange?



Free Site Registration

More Articles - Exchanges and ECNs

NYSE, Nasdaq Push for "Trade At" Rule

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 Provides Data to REDI

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.

Omega ATS's New Lynx Venue Opens for Business

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 to Cut Costs

Nasdaq is on the precipice of changing the way some of its biggest customers trade on the bourse.

SEC Approves BATS Merger

It's all but official now - BATS Global Markets and Direct Edge Holdings will become a unified company.

ICE Trade Vault: 4.5M

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.

NASDAQ Launches Trade System

Nasdaq now has integrated its pre- and post-trade risk management into a single platform.

Facebook IPO Firms Paid

Nasdaq made its traders whole after the August Facebook IPO debacle.

SIP Needs New Operator

Nasdaq OMX Group Inc. gave notice that it no longer wants to run the marketwide quote service that broke down and froze thousands of its U.S. stocks in August, according to a person with direct knowledge of the matter.

Nasdaq Aids Borsa Istanbul

U.S. exchange operator Nasdaq OMX and Borsa Istanbul concluded an agreement in December that includes the delivery of market-leading technologies and advisory services to Borsa Istanbul.

Exchanges Set to Upgrade SIPs

Operators of exchanges in the U.S. are poised to upgrade the IT infrastructure following an embarrassing outage of the securities information processors inside Nasdaq last August.

Noll Leaves Nasdaq for ConvergEx

Nasdaq OMX Group's Eric Noll, who oversaw the exchange's U.S. trading business during a glitch-prone reign, has left to join ConvergEx Group as president, effective immediately.

SIFMA Seeks SIP Overhaul

The Securities Industry and Financial Markets Association wants a sweeping overhaul in the way the Securities Information Processors, or SIPs, operate.

CBOE Bets On Volatility Trading

Leveraging the popularity of its CBOE Volatility Index (VIX), the Chicago Board Options Exchange closed 2013 with a spate of activity that has included introducing several new volatility products and expanding its trading hours to accommodate European trading.

NYSE Builds A Dark Pool

Tired of seeing volumes flood unlit trading venues, the New York Stock Exchange is taking a page from the dark pools' playbook.