NSX Ups Data Rebates
The National Stock Exchange last week received approval from the Securities and Exchange Commission to offer a 100 percent rebate on market data revenues earned from trades matched on the NSX's Blade trading platform for Tape A, B and C securities. NSX officials say the move will improve competition in Tape A, B and C securities and lower the cost of trading.
Icap Slashes EBS Latency
Interdealer broker Icap has reduced the latency of its EBS Live datafeed by 95 percent by i
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