SEC issues ruling for a new National Market System
The regulator has ordered FINRA and SROs associated with Cboe, Nasdaq, and NYSE to work jointly in creating a new plan.
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.
The upgrades aim to provide a live view of risk across proprietary and client trading portfolios; adds fixed income securities to its remit.
Incoming head has strong ESG credentials; joins from Nasdaq in New York. Former roles include chief product officer at Preqin, along with 12 years with S&P Global.
Expected to move operations to the cloud by the end of 2024, BEC said the development will meet the evolving requirements of its growing business and client base.
The extended partnership will support increased trading activity following the launch of a new Alternative Trading Board (ATB) and SME markets, the Dhaka Stock Exchange said.
Participants across Sarasin & Partners, FINBOURNE Technology, IRESS and Nasdaq, deep dive into the data trends for 2023.
The event is the third major outage of this kind on a primary exchange in the last few years including those seen on Deutsche Borse and Euronext.
Learn more about the five firms shortlisted for our Editors’ Choice Award for Outstanding Equities Trading Venue this year: including Aquis Exchange, Cboe Europe, Euronext, Nasdaq European Markets and Turquoise.