IEX becomes first exchange operator to disclose its costs with the detailed report revealing incumbent exchanges are grossly marking up fees.
Chris Concannon will leave Cboe later this month to take on the role of chief operating officer at MarketAxess.
Securities and Exchange Commission unanimously approves a one-year programme, known as the transaction fee pilot, as part of a review of the ‘maker-taker’ trading system.
Controversial auction systems face regulatory intervention in Europe if ESMA finds the mechanism does not operate in the spirit of MiFID II.
October was a strong month for block trading activity, with Cboe and LSEG reaching new records on their platforms.
Trading in Polish, Hungarian and Czech stocks will be available on Cboe Europe from 5 November pending regulatory approval.
Bitcoin ETF proposal by crypto exchange Gemini has been rejected by the Securities and Exchange Commission in the US.
Cboe has filed applications with regulators to operate in the Netherlands as the UK prepares to leave the EU.
Cboe says non-broker priority allocations within its periodic auction book has risen to 80%.
Debate over controversial maker-taker pricing continues in the US as comment letters are published on regulator’s proposed transaction fee pilot.