CBOE-Amex Study Rejects Its Model; Breeden Calls Pow Wow

THIS WEEK'S LEAD STORIES

A new study on multiple listing of options strongly opposes the recommendations of an earlier study sponsored by the Pacific, Philadelphia and New York stock exchanges' task force. The latest study, commissioned by the Chicago Board Options Exchange and the American Stock Exchange, rejects the earlier study's proposed Options Market Integration System (OMINTS) (Trading Systems Technology, Oct. 23,1989) for multiple trading of options.

The exchanges' lack of cooperation has prompted Richard

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Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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