SEC’s newly formed Fixed Income Market Structure Advisory Committee will provide advice on regulatory opportunities and intervention.
Firm gains regulatory approval to act as Recognised Market Operator in Singapore.
Tradeweb, MarketAxess’ Trax, Bloomberg, NEX Regulatory Reporting and TRADEcho all received APA authorisation.
Rick McVey stated its institutional trading volumes are growing faster than its competitor Tradeweb.
Trax APA users will have the choice to direct equity trades to Bats APA for post-trade reporting.
Open Trading platform continues to gain traction globally as average daily volume grew 56% in the first quarter.
Integration aims to simplify trade transaction reporting under EMIR, MiFID and MiFID II.
Trax will begin testing for transaction reporting under MiFID II with the FCA as of summer this year.
Bruce Repasy joins MarketAxess in newly created role, global head of product engineering.
Christopher Roupie joins MarketAxess as head of Europe and Asia.