The Boston Stock Exchange is in the final stages of testing a trade reporting facility with the NASD, ahead of a planned launch at the start of next month, to dovetail with the implementation of the final Reg NMS rules, officials tell Inside Market Data.
The TRF will give trading firms a choice of venue for reporting over-the-counter trades in stocks listed on Nasdaq and the New York, American, National and Boston stock exchanges.
"Clients are looking for one-stop shopping. Now they will be ab
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails