FLASHBACK FRIDAY: Becoming a Superpower-GETCO’s Looks to Knight’s Wholesale and Retail Businesses as Keys to Growth
In this week's FLASHBACK FRIDAY lookback, we revisit 2013 when market maker GETCO was looking to drive it business forward in a stagnant commission rate and highly competitive market making environment. In exploring its limited options, GETCO opted to purchase Knight. Seemed a like a good match - but was it?
MEB Options has joined forces with the International Securities Exchange to make available a service that helps traders locate the various legs in their multi-leg trades.
Sustainability doesn't have much of a past in finance, but it has a bright future.
Last month saw the use of exchange-traded funds increase significantly due to volatility, but experts believe ETFs will continue to gain volume share even if volatility dies down. Though there are occasional spikes in ETF use, the largest being in 2008 due to the financial crisis, the percentage of total volume made up by ETFs has been steadily increasing.
(Bloomberg) -- A former JPMorgan Chase & Co. executive was barred from the brokerage industry for allegedly passing inside information on corporate mergers to a friend, the Financial Industry Regulatory Authority said.
Driven by demand from clients seeking greater and faster access to the derivative market, the firm will now provide global options trading and streamlined reporting for prime brokerage from the Windy City.