New partnership will see Quantitative Brokers leverage 360T to launch FX-optimised versions of its flagship algorithms.

A report released on Tuesday by Market Structure Partners claims exchanges are leveraging an “incumbent advantage” to enforce “inexplicable price rises” in market data pricing.

Research reveals exchanges are supplementing suffering equity market revenues with soaring market data prices, despite accusation of there being ‘no specific costs for producing market data’.

The exchange is awaiting regulatory approval to launch 24 hours trading for US equities, five days a week, on its Cboe EDGX Equities Exchange (EDGX).

OptimX clients can now access PureStream's streaming protocol through the OptimX platform.

The new scorecard system will provide monthly rankings of equity brokers for institutional investors.

Partnership aims to “elevate trading services” for buy-side traders by allowing them to access Winterflood’s trading flow directly via OptimX’s platform.

Sum of deal, which will see the venue operator and technology provider acquire 100% of the electronic exchange from 7RIDGE, remains undisclosed.