The controversial speed bump was opposed by some of the markets most active participants and industry lobby groups.
Recent rule changes in the US during the past two years have to a major rise in aggregate cleared repo and reverse repo volumes.
Custodians are aiming to evolve their outsourcing business model and leverage new technology to accommodate front-office solutions.
TABB Group report finds large US equity asset managers are increasingly turning to research unbundling for cost savings and focus on best execution.
The co-head of Citi’s Americas prime finance business has left after two years with the US bank.
The new global options trading desk will sit within Northern Trust's institutional brokerage business.
US equity options exchange group announces new plans for cash equities exchange slated to launched in Q2 2020.
Kara Stein to join IEX board of directors after completion of term as SEC commissioner in January.
Nasdaq to provide technology, services to underpin new platform for Deutsche Bank.
TradingScreen’s Montreal operations will work in cooperation with its existing development teams in New York, London and Tokyo.