Americas

Potentially dozens of broker-dealers are set to be affected by the ruling; market opinion divided on decision.

Trading via RFQ is continuing to grow in line with increased automation, with the market moving towards a modern algo-driven protocol, finds Coalition Greenwich.

New Cboe One Options Feed will publish aggregated best bid and offers of all displayed orders for securities traded on Cboe’s four US options exchanges.

In the wake of the SEC’s landmark market structure proposals this week, The TRADE sat down with John Ramsay, chief market policy officer at IEX Exchange, to discuss the latest changes.  

The two firms will work together to create a market structure for digital assets, with the deal coming on the back of President Biden’s recent strategy announcement on crypto regulation.  

Firm is the latest independent broker to be involved in potential M&A. 

The SEC's investigation into the market volatility caused by trading in GameStop stock back in January, raises questions about the market efficiency of short selling and the possible effects of acute margin calls on thinly-capitalized broker-dealers.

Jeremy Skule will oversee global strategy in an expanded role after working at Nasdaq for the past eight years.

Gary Gensler becomes chairman of the Securities and Exchange Commission (SEC) bringing with him over 25 years of industry experience.

The OCC cleared 7.52 billion total contracts and 7.47 billion in options contracts, beating the previous record set in 2018 by a landslide.