Nasdaq OMX Outlines EU MTF Plans

The MTF's smart order-routing service will draw upon data from many-though not all-of the different markets in Europe, including rival MTFs Chi-X and Turquoise, as well as primary markets such as the London Stock Exchange and Nasdaq OMX's own Nordic markets, says Nasdaq executive vice president of transaction services Chris Concannon. The service, which should be available at the market's launch in September, will use the data internally to onward-route client orders to the venue offering the

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Waters Wrap: GenAI and rising tides

As banks, asset managers, and vendors ratchet up generative AI experiments and rollouts, Anthony explains why collaboration between business and tech teams is crucial.