Marex Group plc, the diversified global financial services platform, announces that it has agreed to acquire European equity derivatives market maker Webb Traders to enhance its market making capabilities. Webb Traders has offices in Amsterdam and Paris and specialises in single stock options market making for European and US mid and large cap equities. The acquisition will bring to Marex a strong, technology led team of market makers, quants and developers, as well as electronic trading capabilities. Webb Traders’ trading and risk management philosophy is fully aligned with Marex’s...
Prediction Markets are ‘Logical Extension’ for Cboe
Rob Hocking, global head of derivatives at Cboe Global Markets, said the exchange group is excited about the potential of prediction markets, and is focused on financial and economic contracts according to an article form MarketsMedia. Hocking said on the results call on February 6, 2026 that Cboe is excited about the continued growth in event prediction markets. “We really view this as a logical extension of Cboe’s existing strengths,” he added. “They provide a clear entry point for new customers and a pathway to broader Cboe product adoption.” He said Cboe is focused on...
Brown Joins Macquarie
Neale Brown has joined Macquarie Group as a director and head of equity derivatives operations for EMEA and the Americas. He is based in London. The Australian bank holds approximately AUD 720 billion in assets globally. Brown has more than 15 years of industry experience and joins the firm from BNP Paribas, where he has been head of middle office structured products since 2024. Prior to this, he was EMEA head of cash equities for the middle office. The majority of Brown’s career has been spent at Deutsche Bank where he was most recently equity trading operations lead. (Forefront...
FIF Submits Letter to FINRA on Reconciliation of FINRA Regulatory Transaction Fee
On February 3, FIF submitted a letter to FINRA discussing reconciliation of the FINRA Regulatory Transaction Fee. FIF would like to thank the members of the FINRA RTF Reconciliation subgroup for their contributions in the drafting of this letter.
FIF Submits Letter to the SEC and FINRA on SIP Fractional Shares and the Vendor Display Rule
On February 4, FIF submitted a letter to the SEC and FINRA relating to the dissemination of fractional shares by the SIPs and the potential impact on the obligations of broker-dealers pursuant to the vendor display rule. FIF would like to thank the members of the TRF/ORF Working Group for their contributions in the drafting of this letter.
SIP Odd Lots
FIF has scheduled a call for the Data and Technology Committee for Wednesday February 18 at 11 am ET to continue the discussion of the upcoming dissemination of odd lot quotes by the SIPs, which is scheduled for production on April 27, 2026.
FIF Presentations
FIF has recently posted PowerPoint presentations on the following topics:
Amended Nasdaq Rule Filing for Tokenized Securities
SEC Statement on Tokenized Securities
SIP Odd Lot Quotes
Global Trading Hour Amendments to CTA, CQ and UTP Plans
Nasdaq Rule Filing to Extend Trading Hours to 23x5
SIP and TRF Fractional Shares
FINRA Rule Filing to Replace Day Trading Margin Requirements with Intraday Margin Requirements
FICC Rule Flings and Approvals Relating to Treasury Clearing
SEC Statement on the Custody of Crypto Asset Securities by Broker-Dealers
SEC No-Action Letter Relating to...