Canadian Stock Market Could Get Its Own ‘Top Cop’
The Supreme Court of Canada last week gave its consent to the creation of a single and top Canadian Securities market regulator - its own version of the U.S.' Securities and Exchange Commission.
KCG Sells Futures Arm to Wedbush Securities
The 45 employees of the firms Futures Commission Merchant Business are expected to remain on board
Direct Indexing Growth to Outpace ETFs and Mutual Funds
Direct indexing allows investors to directly own individual securities in an index without purchasing a fund.
Rosenblatt Securities and Ak Investment to Bring Turkish Research to U.S.
Traders who want to execute orders in the Turkish stock market can now get information on companies there from a unique source within the country.
Cogent Ties Knot with ConvergEx
Less than four months after Cogent Consulting's sale to a broker-dealer consortium unraveled, the commission management firm found a willing buyer in CongvergEx, an agency brokerage with a large soft dollar business.
Stub Quotes Under Fire
Stub quotes are on the way out. The nation's stock exchanges are preparing to propose rules that require market makers to post "reasonably priced" two-sided quotes for a certain percentage of the day.
Tusar Lands at KCG Holdings
Greg Tusar has landed at KCG Holdings, the company formed by the merger Knight Capital Group and Getco, and will begin working there August 20.
UBS and BAML Are Greenwich Associates 2017 Euro Share and Quality Leaders
Equity trading is alive and well across the Pond as market consultancy Greenwich Associates has crowned its 2017 European Equity market share and quality leaders. It has also announced total commission levels for Europe.
JPMorgan JPBX Dark Pool Opens for Business
This new venue operates by allowing the banks customers to route their orders via the banks algorithms to execute at a benchmark price achieved during a set time period.
Bank of America-Merrill Lynch Combo Decides On DMA
The newly merged Bank of America Merrill Lynch is scrapping the direct market access platform developed by Merrill and using one owned by Bank of America.
