The closing cross was used to rebalance Nasdaq-listed securities in the Russell U.S. Indexes.
Synapse uses DAML smart contracts to help institutions participating in Northbound Stock Connect.
SEC Chair said significant trading volume is not reflected in NBBO quote.
Canadian launch will be MATCHNow’s first product launch under the Cboe umbrella.
The offering Integrates capabilities from MATCHNow and BIDS Trading.
Areas include market structure modernization in equities, treasury and other fixed income markets.
Dark pools are an important source of liquidity, but there are pitfalls for traders, Eugene Budovsky of Credit Suisse writes.
SEC staff are reviewing best execution, Reg NMS, payment for order flow, minimum pricing increments and NBBO.
A structured home-office work mix can optimize a trading desk's efficiency, Fidelity's Tom Stevenson writes.