Global trading head at Nasdaq set to retire by end of the year
Tom Wittman will take on executive advisor role following retirement, as Tal Cohen is promoted to executive vice president of North American Market Services at Nasdaq.
Trading Venues
Bank of America Merrill Lynch veteran tapped to lead US equities at Cboe
Adam Inzirillo will oversee product development and the strategic growth of the US equities franchise at Cboe Global Markets.
UK and China regulators approve London-Shanghai Stock Connect
The London-Shanghai Stock Connect has gone live providing international investors access China A-shares without the need for a direct trading link.
HKEX appoints infrastructure and operations head
Niguel Brooks has previously worked as a senior technology advisor at ASX, and was previously part of the IT management team at SGX.
MiFID II periodic auctions survive intense regulatory scrutiny
ESMA’s final report on periodic auctions says venues are not used to evade MiFID II dark trading rules, as fears of outright ban are dampened.
Johannesburg Stock Exchange adopts Millennium platform for equities and FX derivatives
JSE to run all equities, equities derivatives and FX derivatives markets on Millennium Exchange platform.
Cboe looks to add speed bump to equities exchange
LP² four millisecond delay mechanism will be applied to the Cboe EDGA exchange to protect market makers from HFTs.
LSEG chief rules out cross-border mergers in wake of ‘nationalistic focus’ on exchanges
Chief executive at LSEG, David Schwimmer, says nationalism has made potential mergers a challenge for the industry.
Eurex begins test run of speed bumps in derivatives market
German exchange initiates programme intended to curb aggressive high-speed trading and level the playing field for price discovery in derivatives markets.
LSEG acquires ESG fixed income data provider
Paris-based Beyond Ratings helps fixed income investors incorporate ESG criteria into investment strategies.