After emerging as an alternative trading venue under MiFID II in Europe, Cboe will now bring its periodic auction to the US equity market.
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.
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.
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.
Jefferies, Morgan Stanley, Goldman Sachs, JP Morgan, Citi and Bank of America were considered ‘standout dealers’ by US buy-side traders.
Pershing trading services will now be available to the wider BNY Mellon custody client base, and to new clients as a stand-alone service.
MATCHNow acquisition will provide Cboe with means to build a comprehensive equities platform for Canadian markets.
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, Wells Fargo and Flow Traders are among those backing US challenger exchange group MEMX in recent funding round.
Former JP Morgan veteran Fater Belbachir joins Citi to lead its equities division after less than a year with Barclays.