Dark pool trading volumes surge to pre-MiFID II levels
Analysis by TABB Group finds that dark pools volumes reached the largest share of on-exchange in April since before MiFID II was implemented.
Trading Venues
Former SEC commissioner joins board of directors at IEX
Kara Stein to join IEX board of directors after completion of term as SEC commissioner in January.
Nasdaq appoints president of European markets
Nasdaq veteran Bjørn Sibbern will take on the new role overseeing trading, clearing and settlement in Sweden, Denmark, Finland, Iceland and the three Baltic countries.
Deutsche Börse partners with Microsoft for cloud technology
Deutsche Börse has teamed up with Microsoft to adopt its cloud services in a move that could open up the technology for European markets.
ASX opens testing for post-trade blockchain system
ASX is working to replace its equities clearing and settlement system with blockchain technology.
TradeTech 2019: The key takeaways
The rise of artificial intelligence and new data sets dominated discussions at this year’s conference, while Brexit casts a long shadow over future plans.
Nasdaq Copenhagen launches new closing price trading phase
Market participants trading Nasdaq Copenhagen and First North Denmark markets will have ten-minute window to trade at closing auction price.
Deutsche Börse chairman Faber to step down next year
Joachim Faber has been chairman of Deutsche Börse Group since 2012 and has come under intense scrutiny by shareholders in recent years.
Industry slams regulatory ploy to shift trading volumes to lit venues
Market participants at TradeTech have agreed that trading volumes have failed to shift to lit venues under MiFID II, but the regulation has led to unintended positive developments in the form of periodic auctions.
ELP SIs opening access to liquidity despite industry transparency issues
Market maker-run systematic internalisers are bedding in to market structures but transparency concerns are still lingering.