Cboe Global Markets, Inc. announced that it is now providing its Cboe One real-time stock quote and trade information to Thomson Reuters. The Cboe One feed is a market data product from Cboe Global Markets that provides quote and trade information for market participants looking for real-time market data across all four Cboe U.S equities exchanges – BZX, BYX, EDGA and EDGX – through a single license. These four exchanges combine to make Cboe Global Markets, one of the largest stock exchange operators in the U.S. and a leading market globally for ETP trading. The Cboe One feed...
DTCC Launches Exception Manager to Facilitate Trade Cycle Solutions
The Depository Trust & Clearing Corporation (DTCC) announced the launch of DTCC Exception Manager, an addition to its Institutional Trade Processing product suite. DTCC Exception Manager enables market participants to publish, manage and communicate exceptions throughout the trade lifecycle, and supports all securities transactions globally. DTCC Exception Manager solves a major challenge for financial firms by establishing a central online industry platform that provides a single view of all post-trade exceptions, analytics to help identify the root cause of operational...
Intercontinental Exchange Completes Acquisition of Virtu BondPoint
Intercontinental Exchange announced it has completed its acquisition of Virtu BondPoint from Virtu Financial for $400 million in cash. BondPoint is a provider of electronic fixed income trading solutions for the buy-side and sell-side offering access to centralized liquidity and automated trade execution services through its alternative trading system (ATS), linking more than 500 financial services firms. BondPoint will become part of ICE’s fixed income trading and data solutions.
Cboe Global Markets Announces Changes in Exchange Boards
Cboe Global Markets, Inc. announced changes in the membership of the boards of its six U.S. securities exchanges: Cboe BZX Exchange, Cboe BYX Exchange, Cboe EDGA Exchange, Cboe EDGX Exchange, Cboe Options Exchange and Cboe C2 Options Exchange. As a result of the changes, Cboe's six U.S. securities exchanges will have the same six directors as of January 1, 2018. Directors Matthew Billings, Senior Vice President at Scottrade, Inc., Alexander "Sandy" Kemper, Chairman of The Collectors Fund and Chairman and CEO of C2FO, and Joseph Mecane, Head of Execution Services at Citadel, will...
Nasdaq Nordic Receives Approved Publication Arrangement License
Nasdaq Nordic announced that it has been approved as an Approved Publication Arrangement (APA) by Finansinspektionen, the Swedish Financial Supervisory Authority (FSA). The license, within Nasdaq Stockholm, is a requirement to publish trades executed OTC, outside a regulated trading venue, on behalf of all European investment firms. New MiFID II regulations introduce a requirement for investment firms to publish all OTC trades in financial instruments. Nasdaq’s APA service will allow customers to report all trades covered by the requirement, including those listed on...
Thomson Reuters Offers E-Learning Courses on MiFID II Compliance
Demonstrating a commitment to assist the financial services industry with ensuring ongoing compliance with impending MiFID II requirements, Thomson Reuters has expanded its e-learning capabilities with new compliance training courses designed to give organizations a concise understanding of the regulatory framework mandated by the European Securities & Markets Authority (ESMA). Thomson Reuters MiFID II compliance training suite clarifies the complexity of the legislation and provides a view of what organizations should consider with ongoing MiFID II compliance. Under MiFID II...
CAT Operating Committee to hold Industry Outreach Call on Tuesday, December 19
The CAT NMS Plan Operating Committee will be holding an Industry Update on Tuesday, December 19th at 4:15 PM ET. To join the webcast, please click here. To access the webcase, please input the following password: catnms.
If you would like to dial into the event, please use the following credentials:
Toll-Free Number: 866-803-2145
Passcode: 7953828
Thomson Reuters Releases MiFID II Compliant MTF
Thomson Reuters has released into production system enhancements to its Multilateral Trading Facility (MTF) to support FX derivatives trading in compliance with MiFID II regulations. Thomson Reuters FXall and Forwards Matching users can now access liquidity on the MTF, which meets multiple MiFID II requirements relating to execution workflow, trading controls, post-trade transparency and reporting.
ICE Completes Sale of Trayport to TMX Group in Exchange for NGX, Shorcan Energy and Cash
Intercontinental Exchange (ICE), announced it has completed the sale of Trayport to Canada’s TMX Group in exchange for NGX, Shorcan Energy and £350 million cash. NGX provides electronic trading, central counterparty clearing and data services to the North American natural gas, electricity and oil markets. ICE and NGX have had a longstanding and comprehensive strategic alliance to enable customers to conduct physical clearing for certain natural gas and power hubs through NGX’s clearing house, which is a CFTC-registered Derivatives Clearing Organization (DCO)....