Wednesday, May 25, 2022

Dark Pool Trading Slips in February as Overall Equities Volume Drops

Dark Pool Trading Slips in February as Overall Equities Volume Drops
The total volume of shares that traded in dark pools in February dropped only 1 percent compared to the 2 percent slide in trading on the public venues, according to Tabb Group's February Equity Liquidity Matrix data.

Wall Street Access Takes Interest in Prime Broker RJL Capital Group

Wall Street Access Takes Interest in Prime Broker RJL Capital Group
Wall Street Access announced that it has acquired a majority interest in RJL Capital Group, LLC, a New York-based provider of prime brokerage and trading services.

CFTC Approves Two Final Rules at Dec. 8 Open Meeting

CFTC Approves Two Final Rules at Dec. 8 Open Meeting
Electronic trading rule addresses the risk of a DCM trading platform experiencing a market disruption or system anomaly.

Getting an Edge

Getting an Edge
Wall Street pros, if nothing else, are always in search of an edge. Whether it's money managers looking to boost their returns for investors or brokers seeking to offer new or better services to their clients, the Street has always been a hotbed of innovation and competition.

Small Broker Looks to Go Big-Time

Small Broker Looks to Go Big-Time
Two executives, with backing from interdealer broker ICAP, are set to transform a 30-year-old New York-based broker into a bigger player in the equities and derivatives space.

ALGO UPDATE: Aqua to Dives Into Dark Water for Blocks

ALGO UPDATE: Aqua to Dives Into Dark Water for Blocks
Looking for that elusive block trade but want to go through a bulge bracket broker? Then J.P. Morgan might have something for the buyside - a new algorithm designed to seek out blocks of stock and get a large order done.

White Glove Service

White Glove Service
For Lionel Mellul, the second time around opening a U.S. trading desk will hopefully prove the charm. The former co-founder and chief executive of now-defunct Momentum Trading Partners is looking to carve out a niche for himself by offering white-glove, high-touch service to a select clientele.

ON THE MOVE: SEC Alum Schapiro Joins Morgan Stanley Board

ON THE MOVE: SEC Alum Schapiro Joins Morgan Stanley Board
The former chairman of the Securities and Exchange Commission was recently named to the board of Morgan Stanley.

Creating a Stronger Voice for the Buyside

Creating a Stronger Voice for the Buyside
Patrick Armstrong, the new president of the Security Traders Association of New York, wants the busyside to speak up. If they don't, he says the equities industry, the IPO market and the rest of the American economy will be hurt.

Post-Election Market Trends 2020

Post-Election Market Trends 2020
It’s been a big two weeks for markets writes Nasdaq's Phil Mackintosh.

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