Cboe to launch periodic auction in US after European success
After emerging as an alternative trading venue under MiFID II in Europe, Cboe will now bring its periodic auction to the US equity market.
Equities
COVID-19 has disrupted the evolution of US equity market structure, says report
The COVID-19 pandemic is disrupting the evolution of the US equity market structure causing current exchanges to lose trading volumes and upending plans for new ones to launch.
TRADE Calls: Cboe – Redefining the European equity and derivatives market
David Howson, president of Cboe Europe, joins The TRADE to discuss the exchange group’s recent acquisition of EuroCCP, and how the takeover will expand Cboe’s reach in the European equities and equity derivatives markets.
Analysis of AMF data reveals largest ELP SI market shares in France
By cross referencing other market share data in Europe The TRADE reveals which ELP SIs were analysed by the AMF in the first quarter, and how they ranked in terms of market share.
Brokers step up in COVID-19 crisis as traders rate execution coverage
Jefferies, Morgan Stanley, Goldman Sachs, JP Morgan, Citi and Bank of America were considered ‘standout dealers’ by US buy-side traders.
BNY Mellon expands Pershing equities trading as stand-alone service
Pershing trading services will now be available to the wider BNY Mellon custody client base, and to new clients as a stand-alone service.
Cboe to acquire Canadian dark pool MATCHNow from Virtu Financial
MATCHNow acquisition will provide Cboe with means to build a comprehensive equities platform for Canadian markets.
Australia’s regulator lifts trading restrictions for big brokers
After equity markets in Australia exceeded processing capacity on 13 March, the regulator imposed restrictions on the number of trades large brokers could execute.
BlackRock backs MEMX as funding exceeds $135 million
BlackRock, Wells Fargo and Flow Traders are among those backing US challenger exchange group MEMX in recent funding round.
Barclays global equities head departs for Citi in leadership shake-up
Former JP Morgan veteran Fater Belbachir joins Citi to lead its equities division after less than a year with Barclays.