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.
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…
As the crypto market has continued its volatile ride over the past year, most market participants would agree that regulators needed to step in and tame what has been – and in many cases still is – the Wild West of cryp…
The buy-side for years has lamented its inability to find large blocks of stock – either due to HFTs picking them off, fragmentation or a brokers lack of market reach – and will employ electronic or human means to find …
The NYSE Group operates five equities exchanges: NYSE, NYSE Arca, NYSE American, NYSE National and NYSE Chicago. Each venue offers unique listings and/or trading models to meet the varied needs of today’s complex equiti…
Institutional investors and active traders are monitoring this development for its potential impact on market structure, liquidity and cross-asset flows. Positioning across equities, FX and fixed income may adjust as ne…
FX markets for the currencies of emerging market economies grew more rapidly than those for major currencies between 2016 and 2019, rising from 19% to almost 25% of global turnover. At the same time, these currencies at…
Investors in Robinhood Markets (HOOD), the online trading platform, have endured a tough year with the stock price falling 60%. Can its fortunes turn around?
Optiver, IMC Trading, Jump Trading Group, XTX Markets and ABN AMRO Clearing Bank have invested in A5X, a new Brazilian derivatives exchange which is set to begin operations by 2026.
Shanghai Stock Exchange (SSE), one of the world's largest securities trading venues by market capitalization, is eyeing the use of distributed ledger technology (DLT) in the securities market.
Aquis Exchange is set to begin charging its trading members for non-displayed market data feeds for the first time since its inception almost 11 years ago.
Three-Month SOFR Futures: Two Arrows, One MessageWhen Buffett Meets the Strait: Three-Month SOFR Futures is quietly pricing in the next oil shock. 1. Set‑Up: Buffett’s Old Warning, Today’s New Straits Back in 2009, Warr…
Single Dealer Platforms (SDPs) are an alternative source of liquidity for execution algorithms, alongside exchanges and ATSs, and are quite popular because they offer liquidity at no commission to brokers. But the way S…