The Nasdaq Execution Platform will help deliver the soon-to-launch PureStream ATS after the start-up raised $14 million from Goldman Sachs and Bank of America.
The major market participants were joined in the series A funding round by BMO Financial Group, AllianceBernstein and MaC Venture Capital.
Nasdaq, Cboe, and NYSE have sued the US regulator over its decision to overhaul real-time consolidated data feeds for the US equities market, also known as SIPs.
Nasdaq’s central limit order book for electronic trading in on-the-run US treasuries will serve Tradeweb’s wholesale sector via Dealerweb.
Jeremy Skule will oversee global strategy in an expanded role after working at Nasdaq for the past eight years.
Sucden Financial is the first institution to adopt the upgraded risk platform from Nasdaq.
The single-dealer platform developed in tandem with Nasdaq will offer institutional clients access to principal liquidity at Barclays in US-listed single names and ETFs.
ASX said the market would remain closed until 17 November following an issue with Nasdaq software that created inaccurate market data.
Gary Vann joins TransFICC as head of sales after seven years as head of EMEA sales and account management at Nasdaq Fixed Income.
Nasdaq's chief accounting officer, Ann Dennison, will succeed chief financial officer, Michael Ptasnik, who is set to retire in March next year.