The National Stock Exchange will this week launch a trade reporting facility (TRF) for use by internalizers and ECNs, using messaging software from low-latency technology provider 29West, officials say.
The platform is the second phase of a new systems rollout that began with the Chicago Exchange's launch of a new trading system, dubbed Blade, at the end of October. The TRF uses the same technology as Blade, which also utilizes 29West's Latency Busters Messaging (LBM) software.
Paul Arber, chi
Anthony and James delve into how the systematic internalizer regime is shaping up, and then examine the regtech sector.Subscribe to Weekly Wrap emails