Waypoint to provide day one connectivity to Texas Stock Exchange
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.
Trading Venues
Cboe enters prediction markets race
The Cboe Predicts suite offers market participants a ‘yes-or-no’ payout, based on the Mini-S&P 500 Index (XSP); Cboe initially announced plans to launch in event prediction markets in its Q4 2025 earnings call.
MSCI returns Bulgaria to Frontier Market status
Bulgaria was reclassified from a Frontier Market to a Standalone Market back in August 2016 due to the reported decline in the size and liquidity of the Bulgarian equity market.
ICE and OKX partner on new US broker dealer and FCM joint venture
The 50-50 split venture will allow OKX clients to access ICE futures and NYSE tokenised equities markets and follows ICE’s $25 billion investment into OKX in March 2026.
24X submits proposal for tokenised US equities trading
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.
Dubai Financial Market receives FINMA recognition to operate as a foreign trading venue
Development establishes a regulated channel between Swiss and Dubai financial centres, and bolsters Dubai’s regional and global positioning in capital markets.
LSEG’s Hoggett warns ‘free-rider’ risk may undermine UK equities pre-trade consolidated tape
In response to LSEG’s proposals, industry bodies such as AFME have reaffirmed their belief that including both pre- and post-trade data in the tape from launch is key to success, while many on the buy-side continue to argue that SI flow is essential for tape transparency.
ICE launches AI-powered pre-trade analytics platform aimed at buy-side fixed income desks
The offering will allow institutional investors to estimate counterparty price commitment prior to indicating intent to trade; T.Rowe Price has signed on as an anchor client, The TRADE understands.
People Moves Monday: SIX, Optiver and Kepler Cheuvreux
New positions across the past week include an exchange head of clearing, as well as two hires to support the growth of US institutional ETF trading, and a sell-side algo trader appointment.
CIBC joins SGX FX as liquidity provider
The firm will initially enable OTC FX options; collaboration with SGX FX is expected to expand further in the future to enable institutional liquidity provision and execution choice across additional FX products.