There is a significant gap in the market for a customisable listed product, an Acuiti report has found.
The past week saw appointments across business development, execution sales, execution sales, prime services, equities, and fixed income.
Learn more about the four firms shortlisted for The TRADE’s 2023 Editors’ Choice Award for Outstanding Exchange Group: including Cboe Global Markets, the London Stock Exchange Group, Nasdaq and SIX Swiss Exchange.
Move comes as investors increasingly seek customised equity exposures that mirror their respective stock portfolios.
Individual is currently executive vice president and president of European markets at Nasdaq; Roland Chai, current executive vice president of marketplace technology at Nasdaq will take over his role from next year.
Research of 300 post-trade experts including custodians and brokers shows that legacy technology and regulation prevent financial institutions from capturing growth opportunities.
The joint venture (JV) participants include: BME, Deutsche Boerse Group, Euronext, Luxembourg Stock Exchange, and Nasdaq.
The regulator has ordered FINRA and SROs associated with Cboe, Nasdaq, and NYSE to work jointly in creating a new plan.
As the Securities and Exchange Commission undergoes its biggest equities shake up in 18 years to bolster best execution, Wesley Bray explores what the changes could mean for institutional investors.
The new system is set to be rolled-out in gradual phases to avoid negatively impacting the market according to the businesses.