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.
According to a trading update seen by The TRADE, the asset manager is exploring “deepening” its existing strategic relationship with BNY through outsourcing trading outside of the UK.
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.
The latest edition of The TRADE Magazine launches with a wealth of new content; check out the highlights here.
Thought leaders from TransFICC, Tradeweb and Bloomberg explore the next chapter for fixed income, touching on the changing regulatory landscape, the dealer to client and dealer to dealer space, emerging markets and more.
Counting down from three to one of the most read news stories on The TRADE over the past year, featuring JP Morgan, Credit Suisse and more.