Cboe slams European Commission’s ‘highly discriminatory’ consolidated tape plans
The exchange operator has said Brussels' consolidated tape revenue regime neglects pan-European venues including Cboe NL, which it claimed was the largest EU lit book.
Trading Venues
Instinet launches BlockCross solution into Canada after successful EMEA rollout
Service will allow traders to route conditional, block-size orders to Instinet’s Canadian alternative trading system (ATS), Instinet Canada Cross.
Nasdaq partners with AWS to migrate North American markets to the cloud
The phased process will begin with Nasdaq MRX, a US options market, and the pair will develop infrastructure for other participants and operators to make the same migration.
ASX increases oversight of CHESS Replacement following damning ASIC report on outage
ASIC looks to mitigate risks of future ASX tech upgrades by imposing additional licence conditions on three licences held by the equities exchange.
JPX establishes new subsidiary as it aims to evolve into a smart exchange
New initiative aims to foster a new culture that is not constrained by traditional exchange frameworks.
European regulators make sweeping changes to MiFID in bid to fortify lit markets
The European Commission and ESMA have overhauled the MiFID II and MiFIR regulations including moves to reduce dark volume caps to 7% and discourage volumes from SIs.
Institutional investors caught on the back foot by the rise of the retail investor and crypto
Co-founder and CEO of AI data analytics start-up, Qi, says retail investors now dominate equity flows, which will force institutional investors to assess their cost structures, performance and how they use data.
Euronext chief says he is eyeing Euroclear as an acquisition target in Bloomberg interview
CSD and exchange operator is observing Euroclear with “a lot of interest” its CEO Stephane Boujnah has said during an interview with Bloomberg.
BMLL consolidates cross-asset futures data
New product consolidates full-depth order book data across all major futures asset classes.
SPACs trading approved for Swiss Exchange
Special Purpose Acquisition Companies (SPACs) can be listed and traded in Switzerland from 6 December.