European Commission agrees to extend the tick size regime to SIs, as long as it is limited to shares and depositary receipts only.
Global head of systematic trading and market structure at US firm throws doubt on systematic internalisers and periodic auctions.
Systematic internalisers, periodic auctions, artificial intelligence, data and diversity were among the key talking points at this year's TradeTech conference.
Tower Research Capital follows Virtu in joining Fidessa systematic internaliser program.
SSW Trading has implemented Cboe’s Europe’s technology to allow for easier access to its systematic internaliser.
ESMA to enforce SI tick size regime and intends to address escalating market data costs imposed by exchanges highlighted by market participants.
Barclays opts into the systematic internaliser regime for all products including FX, rates, credit and equities.
JP Morgan becomes first US investment bank to register as a systematic internaliser for all non-equity instruments.
Market maker will become an equities SI in order to meet demand for additional sources of liquidity.
Latest systematic internaliser registered will serve bond and derivatives traders.