LSEG ups majority stake in LCH
Several shareholders will sell their entire stakes in LCH, including Deutsche Bank, Nasdaq and Nomura.
News
Digital Asset blockchain platform processed 27,000 trades per second in latest test
The DA platform processed more than four times the amount of trades per second than the latest DLT prototype developed by DTCC.
EU derivatives market valued at €660 trillion
Steven Maijoor says EMIR clearing obligation is working as data shows derivatives clearing rates are increasing significantly.
Former Deutsche Bank traders convicted for Libor rigging scheme
Matthew Connelly and Gavin Campbell Black have been convicted by the US Department of Justice for Libor manipulation.
Goldman Sachs, Two Sigma and Citi invest further $20 million in data science startup
Crux Informatics closes second funding round raising $20 million from Goldman Sachs, Two Sigma and Citi.
SIX completes shut down of SLS block trading platform
SIX Swiss Exchange decommissioned its SLS dark pool for block liquidity launched in partnership with Liquidnet on 15 October.
LSEG’s Turquoise cuts rebates as maker-taker debate in the US rages on
Turquoise will remove its negative fee structure as of 1 November, as LSEG says buy-side support of transaction fee pilot in the US influenced the move.
Execution moving beyond compliance in post-MiFID II world
The TRADE’s 2018 Execution Management Systems survey shows that for buy-side firms, trading efficiency will always come first.
SEC overturns Nasdaq and NYSE data fee hike
US regulator rules in favour of SIFMA’s challenge of its support in market data fee increases at Nasdaq and NYSE.
Trading Technologies rolls out order management system
OMS will initially service FCMs and brokers, with plans to potentially roll out the service to the buy-side in the future.