Broadridge Financial Solutions, Inc. announced the launch of its new Repo Order Quote (ROQ) solution, a multi-market aggregation and execution tool for repo markets. ROQ allows repo traders to view liquidity and pricing across multiple electronic marketplaces. The system enables traders to see demand and availability for each term, security, or basket of general collateral securities and also provides the ability to quote and execute on an aggregate basis. ROQ provides traders a competitive advantage by helping them implement their trading strategies more effectively via real time...

Nasdaq, Inc. announced the addition of Joseph Mecane to the board of directors for the following U.S. exchanges: The Nasdaq Stock Market, LLC; Nasdaq PHLX, LLC; Nasdaq BX, Inc.; Nasdaq ISE, LLC; Nasdaq MRX, LLC; and Nasdaq GEMX, LLC. Mr. Mecane was elected on January 17, 2018. Mr. Mecane currently serves as Head of Execution Services at Citadel Securities. Prior to joining the firm, Mr. Mecane was Global Head of Electronic Equities at Barclays and previously served as Head of U.S. Equities at the New York Stock Exchange. His earlier career included roles at UBS Securities, Schwab Capital...

Nasdaq Inc. and Bolsa de Valores de Panamá (BVP) have signed an agreement for Nasdaq to deliver matching engine technology via the Nasdaq Financial Framework architecture to Panama’s national stock exchange. BVP will replace its current technology with a new platform that will allow them to meet their strategic growth plans and leverage the modular functionality of the Nasdaq Financial Framework to offer additional services to their members and clients.

Euronext announced the acquisition of 80% of the capital of InsiderLog, a Stockholm-based leading player in the field of insider list management, for a cash consideration of €5.8 million, plus an earn-out payment depending on future financial performance. InsiderLog automates the management of insider lists in a way that ensures compliance with the requirements of the Market Abuse Regulation (MAR). MAR requires every listed company, their advisors and listed bond issuers to create and manage insider lists for all market sensitive projects. InsiderLog supports compliance officers...

Broadridge Financial Solutions, Inc. announced the creation of Broadridge International, appointing Tom Carey to head Broadridge’s International efforts, responsible for leading the company’s efforts in the EMEA and Asia Pacific regions across all business lines. Carey has also been appointed to serve on Broadridge’s Executive Committee. Prior to his new appointment, Carey headed Broadridge’s Technology and Operations Solutions business in EMEA and Asia Pacific.  He was instrumental in driving growth through Broadridge’s global post-trade solution and...

The Depository Trust & Clearing Corporation (DTCC) announced that Timothy Lind, former Global Head of Financial Regulatory Solutions at Thomson Reuters, has joined the firm as Managing Director of DTCC Data Services. Mr. Lind will be responsible for guiding the firm’s data businesses, including services that leverage the data derived from DTCC’s global processing platforms. Prior to DTCC, he held roles at Thomson Reuters, where he was responsible for developing and overseeing the growth of solutions to meet regulatory compliance data challenges faced by market...

Cboe Global Markets, Inc. announced the settlement of January expiry Cboe bitcoin (XBT) future. The settlement price was $10,900.00, as determined by the 4:00 p.m. ET Gemini1 Exchange bitcoin auction. Cboe XBT futures, the first regulated futures of their kind, launched on December 10, 2017, and a total of over 124,000 contracts have traded across expiries since, representing a notional value of over $1.5 billion. The contracts, which are cash-settled, were specifically designed to allow participants to implement straightforward trading strategies through...

Intercontinental Exchange, Inc. (ICE) and Blockstream, a provider of blockchain technologies and financial cryptography, announced the launch of the Cryptocurrency Data Feed. ICE Data Services’ new feed offers real-time cryptocurrency information and will initially include data from more than 15 cryptocurrency exchange venues globally. The exclusive agreement between ICE Data Services and Blockstream offers coverage of prices and order book data for bitcoin and several other leading cryptocurrencies. The Cryptocurrency Data Feed is a multi-asset and multi-venue data feed capturing the...

New York Stock Exchange parent Intercontinental Exchange Inc (ICE) plans to launch its fourth U.S. stock market, NYSE National, in the second quarter, according to a story in Reuters news. NYSE National will be the 13th U.S. stock exchange and will differ from the NYSE, NYSE Arca, and NYSE American in that it will only be a trading venue and not a listing market, NYSE stated in the Jan. 12 filing with the SEC. Adding an extra exchange could help NYSE earn more revenue from trading and market data sales, as well as help the exchange operator maintain its position in U.S. stock trading...