It’s that time of year. Many of you, like us, have interns and new hires joining the desk and needing to learn all about markets for the first time. So we decided to put together an “Intern’s Guide to the Galaxy” to hel…
The Four V’s of big data are Volume, Variety, Velocity, and Veracity such that firms in global capital markets need the ability to execute on all four V’s in unison and well in order to compete. MayStreet, the capital m…
Singapore Exchange (SGX) has confirmed it will fully acquire institutional FX trading platform provider BidFX from TradingScreen for $128 million.
US broker and clearing firm INTL FCStone has confirmed it will rebrand to become StoneX Group shortly after completing its acquisition of online trading services provider GAIN Capital.
UK based FX and CFDs broker CMC Markets has announced the Australia launch of its new Prime Derivatives platform, an advanced trading system providing institutional and professional partners in Australia with enhanced a…
Virtu Financial has unveiled a new data-as-a-service platform via its brokerage and analytics division that provides access to multi-asset market data to subscribers.
NYSE’s Designated Market Makers (DMMs) are marketed as a way to intervene in trading, especially on volatile days, to absorb imbalances and to reduce volatility. Data shows that in reality, NYSE DMMs and floor brokers s…
Spreads across digital asset exchanges soared during March as anxiety gripped global markets, according to data compiled by cryptocurrency over-the-counter trading firm B2C2.
With exchanges' physical trading floors empty amid concerns over the spread of the novel coronavirus, some on Wall Street are asking if they should keep their doors closed for good.
As titans gird for battle over institutional crypto trading in Hong Kong, one startup is attempting to break through on the strength of its backers’ expertise, rather than any existing franchise.
According to recent statistics published by Tabb Group, that honor goes largely to the group of four traditional pro rata options exchanges. On average, they bested their newer, time-priority rivals in four categories t…
The 2019 Triennial Survey shows that trade execution has undergone rapid change, with more diverse participants, new technologies and increasing complexity. Electronification advanced the fastest in dealer-to-customer t…
There are also key regulatory changes expected in relation to market integrity and data, buy-side and retail topics, and digitalisation and DLT. In this article, we explore the upcoming milestones for 2026 and look ahea…
For years, buyside traders have complained – quite fairly – that dark pool trading rules and activity are far too opaque. In response to this criticism and to the numerous regulatory actions taken against dark pool oper…
The following script is from "Rigged" which aired on March 30, 2014. Steve Kroft is the correspondent. Draggan Mihailovich, producer.
During a presentation on FX market fragmentation at TradeTech FX 2019 in September, Andrew Hauser, executive director for markets at the Bank of England (BoE), spoke of the merits of responding to the challenge of great…
DETROIT, Oct. 22, 2019 /PRNewswire/ -- To date, cryptocurrency exchanges and decentralized financial markets have grown alongside each other with little overlap. That's about to change.
While the exchange landscape looks different these days with fewer exchange operators than eight years ago, some things still are constant – such as the battle for order flow and payment of rebates to get it. However, t…
Hong Kong Exchanges and Clearing (HKEX) has made a £32 billion offer to buy the London Stock Exchange Group (LSEG) in a colossal move to combine two of the largest market infrastructures in the world.
In most of the world, the majority of trading costs are charged in basis points (hundredths of a percent), which means variable costs are the same for a $1 million trade in any stock.
London Stock Exchange Group Plc (LSE) agreed to snap up Refinitiv in a $27 billion blockbuster deal, betting on a future dominated by data.
To nail down terms for the London Stock Exchange's expected $27 billion deal to buy Refinitiv, bankers and lawyers descended on the London office of the global law firm Freshfields Bruckhaus Deringer — pulling all-night…
Refinitiv is one of the world's largest providers of financial markets data and infrastructure, serving over 40,000 institutions in over 190 countries. It provides leading data and insights, trading platforms, and open …
For all the technology, infrastructure, and resources it takes to run some of the biggest trading markets, exchange operators have still maintained eye-popping profit margins as their revenues continue to grow.
