In a joint letter, Cboe, AFME, EBF, EFAMA and EPTA urge policymakers to make mandatory cash equity CCP clearing interoperability a key pillar of MISP to support the creation of “a truly competitive and integrated European capital market,” The TRADE understands.
The move follows the launch of the DTCC’s industry-wide testing phase for 24/5 trading in January 2026, and aligns with wider efforts to expand to extended trading models across the US equities market.
The past week has seen various moves across equities and FX.
The move expands Waypoint’s offering to cover all US equities exchanges, ATS’ and overnight venues, and comes ahead of the expected launch of the Texas Stock Exchange on 6 July.
Individual spent almost two decades at Aviva, where he served as an equity trader.
The past week has seen moves across the buy- and sell side, including both US and cash equities trading and capital marketplace execution.
If approved, the SEC filing will enable tokenised trading of Russell 1000 stocks and major-index ETFs; the exchange is currently set to expand to 23/5 US equities trading on its exchange in late 2026.
New hire brings more than 15 years of buy-and sell-side experience to his new role, including stints at BlackRock and Rothschild & Co.
New hire was previously one of The TRADE’s Rising Stars of Trading and Execution for 2025.
The proposals specifically focus on rules 611 and 610 (e), which span the ‘trade-through rule’ and ‘locked’ and ‘crossed’ market restrictions, and aim to better align regulation with modernising US equity markets.