Through the development of a tokenised securities platform, the New York Stock Exchange (NYSE) will also offer instant settlement, orders sized in dollar amounts, and stablecoin-based funding, pending regulatory approval.
The New York Stock Exchange (NYSE) has confirmed that, along with other Unlisted Trading Privilege (UTP) equities exchanges, it is in the process reviewing potentially erroneous trades related to 40 stocks.
“Trading floors represent a different way of doing things, not a worse way, not an inferior way. A different way of doing it - there’s value in that,” says one market expert.
The regulator has ordered FINRA and SROs associated with Cboe, Nasdaq, and NYSE to work jointly in creating a new plan.
Sylvain Thieullent, CEO of Horizon Software, has strong feelings on why technical exchange glitches simply should not be happening in today's digital environment.
The US market opened in chaos yesterday, as what NYSE is calling a “system issue” caused widespread confusion and a series of halted trades.
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.
Paul Kenyon will join the business development team at Jump Trading next month after almost five years with NYSE.
The IMC market making business at NYSE is being acquired by Citadel Securities as it looks to boost its presence on the stock exchange trading floor.
As part of the second phase of the reopening of the trading floor at NYSE, a subset of market makers will re-join the trading floor.